Tobias

Boeing forecasts a strong demand for commercial airplanes, projecting 43,600 deliveries by 2044. Though slightly down from last year, this indicates global aviation growth. Single-aisle aircraft will dominate deliveries. However, Boeing lowered passenger traffic and economic growth expectations. The recent 787 crash and production/quality challenges, along with a global aircraft shortage, are hurdles. Boeing stock fell following the tragic event.

The automotive industry faces unsustainable pressures, according to CNBC AI News. Experts highlight the impossible equation manufacturers face: meeting consumer demands for feature-rich vehicles at low prices. This conflict, exacerbated by consumer expectations and competitive pricing, risks long-term profitability and vehicle value. The People’s Daily cautions against prioritizing price over all else, as extreme cost-cutting harms both manufacturers and consumers through compromised after-sales support and rapid depreciation.

Major discounts on premium audio products are currently available, including high-end home audio systems, noise-canceling headphones, and gaming headsets. Leading retailers offer substantial savings, further reduced by government subsidies. Featured products include the B&O Beosound A5, Sony WH-1000XM6, SteelSeries Nova Pro, and various models like Huawei FreeBuds Pro 4, offering diverse audio solutions at competitive prices for a limited time.

Meta is acquiring a 49% non-voting stake in Scale AI for nearly $15 billion, marking a significant investment in the AI space. The deal will see Scale AI founder Alexander Wang, a former MIT dropout, join Meta. Scale AI provides crucial data annotation services for training AI models and counts major tech companies among its clients. The acquisition values Scale AI at approximately $29 billion.

Douyin, the Chinese TikTok, removed 26 accounts impersonating the “Girl with a Carrying Pole,” a viral sensation. The platform took action after identifying accounts using her name and profile. The student, who gained fame after images of her carrying luggage went viral, confirmed she has no social media accounts and will not create any before university. She is working a part-time job to contribute to her family.

JD.com’s second Beijing JD Mall opened in Shuangjing, attracting crowds with government subsidies and promotions. The opening featured a display of founder Richard Liu’s original “three-foot counter,” evoking nostalgia and connecting with younger shoppers. The 50,000-square-meter mall, offering diverse products, is part of JD’s expansion, with new malls opening in other cities. The company plans to open 8-10 stores annually, focusing on high-tier and economically growing cities.

An AI company is bypassing export controls by physically transporting data to Malaysia for AI model training. Four employees are hand-carrying 4.8 petabytes of data on hard drives via air freight to avoid online data transfer restrictions. This method, previously employed for training, allows access to advanced computing resources and is a complex workaround driven by increasing difficulties in acquiring AI chips and stricter export controls.

Vipshop is concluding its 618 mid-year sale with a final push, launching major discounts tonight at 8 p.m. Expect significant reductions on various products, including 15% off or more. Flash sales from June 15th to 20th and limited-time subsidies offering up to ¥250 off select items (e.g., Tory Burch, COACH, Dyson) aim to boost sales. The “New Trend Bazaar” and “Final Sprint” will provide more deals before the event ends on June 21st.

Xiaomi CEO Lei Jun wished fathers a happy Father’s Day on Weibo, also sharing his personal fitness progress. The post highlighted his 54th gym workout of the year, part of his goal to reach 100 sessions in 2025. This follows a 40-day break prompted by challenges, including an incident involving the Xiaomi SU7 vehicle and a demanding period for the company.

A recent study suggests the four-day workweek, a strategy gaining traction, could boost productivity when strategically implemented. Research by UC3M across six European nations reveals its benefits in both public and private sectors. Flexible arrangements, including remote work and flexible hours, paired with organizational commitment, are key. Early adopters gain an advantage by building cohesive teams and lowering employee turnover, with the trend expanding beyond the tech sector.