Tobias
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Balenciaga Skirt Criticized as Men’s Underwear, Sells Out Despite $650 Price Tag
Balenciaga has released a $4,500 women’s skirt resembling men’s boxer briefs, sparking online debate. The stretch knit mini-skirt, part of the 2025 Fall collection, features a low-rise design and the Balenciaga logo. Despite criticism, the skirt is reportedly sold out, mirroring a trend seen with the brand’s controversial $2,700 stainless steel hair clips, which were criticized for their high price compared to similar items elsewhere.
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Porsche’s Top Female Salesperson in China Sells Over 80 Cars in 5 Months: Already Reaches Half of This Year’s Target
Molly, the top Porsche salesperson at Qingdao Porsche Center, continues her impressive sales streak. Aiming for a third consecutive year of selling 170 cars, she’s already closed a significant number of orders and anticipates maintaining her pace despite production challenges. Molly attributes her success to building strong client relationships and acting as a trusted advisor, fostering loyalty and repeat business.
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Nvidia: US Sanctions Drive Talent Exodus, with Many Joining Huawei
Nvidia’s Chief Scientist Bill Dally suggests U.S. export restrictions on China’s AI sector may have unintentionally boosted China’s capabilities. He notes skilled Chinese researchers are now working for Huawei, fostering indigenous AI solutions. Restrictions have created a localized ecosystem, increasing China’s share of high-end AI researchers. Though China may lag in hardware, it possesses significant intellectual capital. The policy has propelled Huawei’s growth, eliminating key rivals and fostering competitive software solutions.
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Ayumi Hamasaki Denies Elon Musk Baby Rumors: “It’s Not True”
Rumors surrounding Elon Musk having a child with a Japanese pop star, potentially Ayumi Hamasaki, have surfaced online, fueled by speculation and hints from his ex-girlfriend. Hamasaki has denied the claims. This speculation comes amidst reports suggesting Musk has many children, further stirred by a journalist’s claim that the number is far beyond the known figure.
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Jia Yueting Chokes Up Discussing Retail Investors: “You Saved Us”
At FF’s shareholder day, founder Jia Yueting expressed deep gratitude for retail investors’ support, crediting them with saving the company. He vowed to offer significant returns to compensate for past setbacks, driven by recent operational and financial improvements. FF also announced B2B sales breakthroughs, securing orders, and progressing towards the year-end launch of its first vehicle, the FX Super One, with subsequent models on schedule.
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SoftBank and Intel Partner on New AI Memory Chip, Halving Power Consumption
SoftBank and Intel are partnering to develop an AI-specific memory chip, Saimemory, aiming to reduce AI computing power consumption by up to 50%. This stacked DRAM chip, utilizing an innovative wiring architecture, promises improved energy efficiency and supports sustainable AI data centers. With an estimated $64 million investment, a prototype is expected within two years, targeting commercial deployment in the late 2020s, starting with SoftBank’s AI data centers. Other research institutions and the government are expected to offer support as the project progresses.
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Encouraging Bold Claims! Yu Chengdong: One Individual Hinders the Industry, a Disaster.
Richard Yu, Huawei’s automotive executive, criticized underperformance within China’s EV sector. He argued against allowing the “lowest common denominator” to dictate industry standards, likening it to a school where the weakest student hinders progress. Yu advocates for prioritizing innovation and celebrating excellence to avoid complacency and ensure user safety and overall advancement.
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Liang Jianzhang Proposes Child Benefits: ¥3,000 Monthly Until Age 18, Tax and Social Security Reductions for Parents
Ctrip CEO James Liang advocates for policies to boost China’s birth rate, viewing children as crucial for the nation’s future. His plan focuses on financial incentives: monthly cash stipends per child, tax relief for families with multiple children, and mortgage interest rebates. He proposes a lump-sum payment per child and emphasizes the need for a holistic approach encompassing childcare and education.
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Fortune 500: Microsoft, Apple, and Tesla Slip in 2025 Rankings
The 2025 Fortune 500 showcases record revenue for top US companies, with the entry threshold rising. Walmart secured the top spot, while Amazon was runner-up. UnitedHealth Group surpassed Apple. While Microsoft, Apple, and Tesla saw ranking adjustments, NVIDIA made a significant leap, fueled by a 114% revenue surge, entering the top 50 and leading in shareholder return.
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EU Warns of Retaliation as Trump Escalates Trade War
The EU is bracing for potential trade escalation with the US following Trump’s tariff threats, particularly on steel and aluminum. The EU warns of retaliatory measures if new duties are imposed, and views upcoming talks with the US as crucial for de-escalation. Focused on protecting its economic interests, the EU seeks negotiation to remove tariffs and address trade barriers in key sectors, with significant countermeasures already prepared.