Tobias

According to a report by The Information, Jensen Huang’s children, Madison and Spencer Huang, are now working at NVIDIA in emerging strategic divisions. Madison focuses on 3D simulation and Omniverse, while Spencer is involved in AI robotics. Both siblings previously pursued careers outside of tech before joining NVIDIA, obtaining MBAs after completing an AI program at MIT. They work in areas considered key to NVIDIA’s future growth, distinct from the core chip business.

A Shenzhen mother’s claim of being denied childcare subsidies due to her child being born outside of a registered marriage is sparking debate in China. While local regulations currently require a marital relationship for eligibility, the Shenzhen Municipal Health Commission stated that upcoming province-wide unified system, launching end of August, may supersede the local interpretation. Requirements for the new system are expected to align with a national childcare subsidy management system.

Pagoda, a Chinese fruit retailer, is facing scrutiny after Chairman Yu Huiyong’s comments on its pricing strategy went viral. Yu defended the premium prices by emphasizing product quality and consumer education, claiming Pagoda aims to inform consumers rather than exploit their ignorance. Consumers have voiced concerns about affordability, while Yu argues seemingly identical fruits can have vastly different qualities. Pagoda customer service acknowledges the video and is reviewing alleged inaccuracies. The incident has sparked a national debate about consumer choice and value.

Professor Yan Zhipeng clarified his stance on retirement savings after his suggestion of starting at age 10 drew criticism. He stated his research was misconstrued and intends to provide further context. Yan emphasizes the need for financial institutions and regulators to address women’s specific retirement challenges, advocating for higher contribution limits to individual pension plans and tailored financial products. He uses examples, including triplets saving at different ages, to highlight the importance of early investment and the power of compounding. He also suggests a “30 yuan rule” for those in their 30s.

Aggressive promotions in the food delivery market benefit consumers but harm restaurants. Despite increased order volumes, restaurants report decreased profits and losses due to platform fees and subsidies. CCTV highlighted examples where restaurants barely break even or lose money on takeout orders. Many feel compelled to participate to stay competitive, even at a loss. Experts warn this “burn-to-acquire” strategy is unsustainable and risks compromising service quality. The practice offloads costs onto merchants and drivers, intensifying competition.

Meituan has launched “Ya Mi,” a niche restaurant review app positioned as a “boutique Dianping,” seemingly competing with its own Dazhong Dianping. Currently iOS-only and limited to Beijing, Ya Mi features a minimalist design, curated collections, and a hyperlocal “Moments” feed. Its key differentiator is the “Golden Spoon Restaurants” ranking system based on reviews from selected “Recommendation Officers,” aiming to combat fake reviews. The app prioritizes authenticity and taste over ambiance, with no immediate monetization plans, presenting a challenge to big tech business models. Its long-term viability hinges on maintaining quality content while scaling.

Chinese netizens engaged in a “Compression War,” competing to compress the film “NeZha 2” to the smallest possible file size. Starting from 50MB, enthusiasts progressively reduced the file to kilobytes, sacrificing visual quality. Techniques included lowering resolution, frame rate, bitrate, and color depth. Experiments with “Initial D” also explored extreme compression limits. The competition, dubbed “Pupil-Grinding Visual Reduction,” prioritized file size over usability, evolving into an absurd internet phenomenon.

Geely Auto’s Galaxy A7 was showcased at a recent event in Zhengzhou, highlighting its modern design, intelligent features, and efficient hybrid system. The mid-size sedan features a 15.4-inch central screen, HUD, and Galaxy NOS with Flyme Auto. Equipped with advanced ADAS, including Highway NOA and AEB, it boasts a 1.5-liter engine-based EM-i super hybrid system with a 47.26% thermal efficiency and a 2.67L/100km fuel consumption (CLTC). The A7 received over 10,000 pre-orders shortly after launch.

Haier has launched a static pressure air-bearing compressor, demonstrating its leadership in oil-free technology and advancing the industry towards scaled applications. This technology offers over 50% energy savings compared to traditional compressors and is protected by numerous patents. Following its success with magnetic levitation chillers, Haier aims to replicate that growth in the air-bearing chiller market, which benefits from a strong focus on green transformation. An industry alliance has been formed to accelerate the adoption of air-bearing technology.

Foshan, China, will pilot autumn and spring breaks for compulsory education starting in the 2025-2026 academic year, adding five extra days off for students. This initiative, aiming to reduce academic pressure in line with the “double reduction” policy, encourages social practice and limits homework during breaks. Schools will provide on-campus care. The autumn break is scheduled for November 2025, and the spring break will be around the May Day holiday. Several regions in China are exploring similar breaks, potentially indicating a national trend toward prioritizing student well-being.