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CNBC AI News, August 15th – A video circulating online showing the founder of Insta360, Liu Jingkang, showering employees with cash has sparked a wave of reactions across social media.
The footage depicts Liu tossing banknotes from an elevated position to employees below, who are seen reaching up to catch the money.
Online commentators have been quick to voice their opinions, with many suggesting that while rewards are welcome, the chosen method may have been overly ostentatious and resembled a “nightclub” atmosphere.
An individual within Insta360 clarified that the event followed the launch of the company’s new panoramic drone, the A1, on August 14th, after a sustained period of intensive work by the research and development team. The internal gathering was organized as a team-building exercise to acknowledge the R&D team’s efforts, featuring refreshments, games, and other activities.
“The team largely comprises young professionals, and during the game segment, small amounts of cash were distributed as a form of playful incentive. An internal video clip was subsequently leaked, leading to unintended misinterpretations. The company expresses its regret regarding this. Moving forward, we are committed to recognizing our team’s contributions through more effective and innovative means, and to delivering further innovation for our users,” the insider stated.
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