Tobias
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Labubu Figure Frenzy Leads to Brawl: Legal Experts Weigh in on Scalpers and Corporate Liability
Following the release of a popular collectible series, altercations, including physical confrontations, have erupted due to high demand. Incidents in China, the UK, and Indonesia reveal aggressive behavior at vending machines, with some groups attempting market manipulation. Legal experts are examining the responsibilities of the company, consumers, and scalpers. The company faces liability for unsafe environments, while scalpers may face legal action for anti-competitive practices, and consumers are entitled to legal recourse against fraud or counterfeiting.
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Trump’s Company May Enter Smartphone Market, Trump Name to Feature Prominently
DTTM Operations, representing Donald Trump, has filed trademark applications for telecommunications services, including mobile phones and retail ventures, potentially expanding his business interests. This follows earlier filings signaling a move into the metaverse, suggesting a broader diversification strategy beyond his traditional real estate and hospitality focus. The applications encompass virtual goods, digital token exchange, and virtual training services.
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US Scrutinizes SpaceX Contracts After Musk’s Remarks: Billions at Stake
Following Elon Musk and Donald Trump’s public disagreement, the fallout continues. The White House is reviewing SpaceX’s multi-billion dollar contracts with the Department of Defense and NASA. This includes assessing SpaceX’s role in missile defense systems. The government is preparing potential retaliatory measures, giving it options should the political situation worsen despite Musk’s retracted threat to retire SpaceX’s Dragon spacecraft.
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Jia Yueting Slams Chinese EV Industry’s “Toxic Trio”: Copycatting, Over-Hyping, and Misleading Marketing. Do You Agree?
FF founder Jia Yueting criticized the Chinese EV industry for issues like imitation, undisciplined launches, and exaggerated marketing, urging a focus on innovation and value. He also criticized automotive commentary quality. His comments reflect broader concerns about unsustainable price wars and a need for improved product differentiation and informed public discourse, crucial for global competitiveness, especially in the EV sector.
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Down for the Count? China’s Coach Sacked Amidst Calls for Football Revival
The Chinese Football Association (CFA) has dismissed head coach Ivanković after the team failed to qualify for the 2026 World Cup. The move, effective June 14th, was triggered by performance-based contract clauses. The departure is amicable, with no penalties incurred by either party. The CFA will now search for a new coach, potentially fielding a temporary staff for the upcoming East Asian Cup, amid a candid assessment of the team’s declining status.
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Xiaomi Executive Visits Huawei Store, Praised for Class Act
Xiaomi’s China Marketing GM, Wang Teng, surprisingly visited a Huawei store in Luoyang to examine the new Pura 80 series. This unexpected move occurred during a store inspection and was captured in photos, sparking online discussion and perceived corporate sportsmanship.
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Teenager Cashes Out Over Ten Grand from Home Through Xianyu for Ride-Hailing, Netizens Say Platform is Too All-Encompassing
A family’s financial loss, initially suspected as account compromise, was revealed to be a teen’s scheme involving ride-sharing and an online marketplace. The daughter used her mother’s account to order rides, then received payment from riders through a secondary platform. This sparked debate on the broad range of services offered by such platforms, including the potential for misuse and the need for stronger security protocols.
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Yu Minhong: Entrepreneurs Like Liu Qiangdong and Dong Mingzhu Are Not Crooks, Pursue Wealth but Aren’t Misers
In a speech at Guangdong University of Foreign Studies, New Oriental’s Yu Minhong defended entrepreneurs, distinguishing them from unscrupulous merchants. He cited successes like Liu Qiangdong, Dong Mingzhu, and others, emphasizing their drive to build a better world, not simply accumulate wealth. He also discussed the challenges faced by entrepreneurs highlighting his influence and mentorship, as demonstrated by many former associates establishing their own ventures.
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Meituan Delivers 1 Millionth Smart Helmet: Features Collision Detection and Bluetooth Headset
Meituan has delivered its 1 millionth smart helmet, showcasing its dedication to rider safety and operational efficiency. The helmets feature voice interaction, fall detection, weather alerts, and AI-powered route optimization. This technology aims to minimize distractions, expedite accident response, and improve delivery logistics. The program has continuously evolved since 2020, with recent iterations focusing on rider comfort and safety.
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Li Guoqing and Yu Yu Divorce Trends on Social Media: Both Remain Affiliated with 13 Companies
The divorce of Chinese entrepreneurs Li Guoqing and Yu Yu, finalized in 2023, has garnered significant public attention. The couple, married since 1996, have finalized their asset division. Despite the divorce, they remain connected through 13 companies, with Li linked to 28 and Yu to 25 businesses.