• RayNeo and AutoNavi Partner to Pioneer AI-AR Navigation Solutions

    RayNeo and AutoNavi announced a strategic partnership on May 22, 2025, merging AR wearables with AI mapping to develop next-gen spatial computing solutions. Their AR glasses offer real-time navigation overlays, AI-driven POI recommendations, and proactive travel assistants, reducing smartphone reliance. Leveraging AutoNavi’s geospatial data and RayNeo’s 50% market dominance in China, the collaboration aims to mainstream AR for urban mobility and commerce. Upcoming products, including MicroLED-equipped X3 Pro glasses, will advance intelligent navigation and contextual services, positioning AR as a daily productivity tool beyond gaming novelties. The initiative reflects both companies’ vision to redefine smart city interactions through wearable AI integration.

    27 mins ago
  • E3 Lithium and Pure Lithium Announce Phase 1 Results from Lithium Metal Battery Collaboration

    E3 Lithium and Pure Lithium demonstrated advancements in sustainable battery technology by integrating E3’s brine-derived lithium chloride (over 99.9% purity) and Direct Lithium Extraction with Pure’s anode production. Batteries maintained 80% capacity after 500 cycles, supported fast charging, and reduced reliance on conventional mining. Their optimized process aligns with North America’s critical mineral goals, leveraging E3’s Alberta resources and Pure’s cobalt/nickel-free designs for cost-efficient, eco-friendly energy storage. This collaboration positions both as key players in advancing EV and grid battery solutions.

    29 mins ago
  • China’s Cyberspace Administration Cracks Down on Corporate Defamation and Malicious Online Practices

    China’s Cyberspace Administration (CAC) launched a two-month nationwide campaign against corporate cyber smear activities, targeting organized defamation, extortion, market manipulation, and identity theft. Part of the 2025 “Clear and Bright” initiative, the crackdown addresses fabricated claims, “pay-to-delete” schemes, false financial narratives, and executive impersonation. The move reinforces oversight of China’s $1.5 trillion digital content moderation industry, responding to rising reputational costs (up to 9% of annual revenue for firms) and may accelerate AI-driven verification tools to enhance cybersecurity.

    1 hour ago
  • Xiaomi Executive Defends Controversial Xuanjie O1 Chip: “Legitimate Business Practices Sustained Our Success”

    Xiaomi’s investment partner Pan Jiutang dismissed online “conspiracy theories” targeting its chip subsidiary Xuanjie, defending the company’s transparency and $1.9 billion semiconductor R&D investment since 2021. Following CEO Lei Jun’s 2021 dual strategy to enter EVs and revive chip development, Xuanjie has expanded its engineering team to 2,500, with 2024 R&D spending projected at $827 million. Pan emphasized this positions Xiaomi among China’s top semiconductor designers. The company also unveiled its Xuanjie O1 chip, a 3nm-process SoC claiming flagship performance to rival Qualcomm and MediaTek, while urging public support against “baseless” criticism.

    2 hours ago
  • Hafnia Limited Shares Trade Ex-Dividend Today on Oslo Børs with USD 0.1015 Dividend

    Hafnia Limited, a global leader in oil and product tanker shipping, finalized Q1 2025 dividend dates, with Oslo Exchange shares ex-dividend from today and NYSE adjustments effective May 23. The announcement reflects Hafnia’s operational strength and shareholder focus amid volatile markets. Operating ~200 vessels, the Singapore-based firm provides end-to-end logistics services—including chartering and fuel procurement—for major energy clients. Supported by parent company BW Group, Hafnia maintains strategic hubs in Copenhagen, Houston, and Dubai, employing over 4,000. Its integrated fleet and market expertise reinforce its critical role in global energy transportation. (Word count: 100)

    2 hours ago
  • HUAWEI Enjoy 80 & Kwai Creators: Powering Everyday Adventures Through Life’s Ordinary Moments

    Huawei’s Enjoy 80 series, in collaboration with Kuaishou, launched *The Journey of Revival*, a short film documenting four individuals—a retiree adventurer, a fitness-focused laborer, a poet delivery rider, and a muralist—who exemplify resilience in daily life. The campaign highlights the smartphone’s features like a 6,000mAh battery, shock resistance, and wet-hand usability, framing them as tools enabling perseverance. By showcasing authentic, unpolished stories of ordinary people overcoming challenges, Huawei merges product innovation with relatable narratives, emphasizing genuine human experiences over traditional marketing tactics to foster deeper consumer connections.

    3 hours ago
  • Jensen Huang Asks 104-Year-Old Man’s Secret to Longevity—Discovers Men Worldwide Share This One Passion

    At the World Masters Games, NVIDIA CEO Jensen Huang asked 104-year-old badminton champion Lin Youmao his secret to longevity. Lin’s playful response—“Looking at beautiful women”—prompted laughter and sparked scientific discourse. Research cited links positive visual stimuli to dopamine release and cardiovascular benefits, including a Cornell study noting improved vitality in heart patients exposed to uplifting imagery. Widely shared online, the exchange drew humorous and philosophical reactions, with observers highlighting Lin’s 80-year career blending physical activity with joy. Huang’s engagement underscored growing corporate interest in holistic health, blending tech innovation with wellness insights beyond traditional metrics.

    4 hours ago
  • Sable Offshore Corp. Announces Pricing of Upsized Public Offering of Common Stock

    Sable Offshore Corp. (SOC) priced an upsized public offering of 8.7 million shares at $29.50 each, targeting ~$256.5 million in gross proceeds. Underwriters J.P. Morgan, Jefferies, and TD Cowen secured an option for an additional 1.3 million shares. Proceeds will fund capital expenditures and corporate needs, with closure expected by May 23 pending approvals. The Houston-based firm, focused on California’s Santa Ynez Unit offshore assets, highlights operational expertise amid regulatory and ESG challenges. Analysts note the pricing reflects cautious optimism as energy equities rebound, though supply chain and permitting risks persist. SEC-declared effective May 1, the offering expands distribution through co-managers including Benchmark Company and Pickering Energy Partners.

    4 hours ago
  • Dog-Drawn Carriages Gain Popularity, Prompting Legal and Safety Concerns

    A viral trend on Chinese social media platform Douyin features dogs pulling modified scooters with humans, sparking legal and safety concerns. Legal experts highlight violations of traffic laws, including obstructing bike lanes and failing to control pets, while veterinarians warn of injury risks from panicked dogs. Videos show crashes involving unprotected riders, with platforms struggling to moderate content as creators repost edited clips. Insurance analysts note standard policies may not cover such incidents. The craze underscores growing conflicts between online virality and public safety, prompting calls for stricter regulations on unconventional transportation methods.

    5 hours ago
  • The Great Credit Card Exodus

    China’s credit card decline began in 2014 as fintech platforms like Alipay disrupted traditional banking. A pivotal 2014 clash between Ant Financial and state-owned banks, including ICBC, led to regulatory shifts and Alipay partnering with China Construction Bank. Fintech services (e.g., Huabei, JD’s Baitiao) replicated credit card features, eroding their dominance. Post-2020 property regulations accelerated declines, with 100 million cards phased out by 2024. Banks now prioritize high-net-worth clients amid rising defaults and acquisition costs. Falling birthrates, fintech’s grip on lower-tier markets, and household savings trends further challenge recovery, echoing Japan’s and South Korea’s credit crises.

    6 hours ago
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