Tobias

Tesla has filed paperwork revealing a potential $29 billion stock option package for CEO Elon Musk. This “interim award” aims to secure Musk’s leadership as Tesla shifts towards autonomous vehicles and robotics. The move follows a Delaware court’s rescission of Musk’s 2018 compensation plan, now under appeal. The new grant, structured to avoid double compensation, would increase Musk’s stake in Tesla if the Delaware ruling stands and he remains an executive for two years. Analysts view it as a signal of confidence in Musk’s ability to guide Tesla’s strategic evolution.

China’s Ministry of State Security warns of “data poisoning” as a critical threat to AI. Inaccurate, fabricated, and biased data corrupt AI training datasets, leading to flawed models and security risks. Even minimal data contamination (0.01% fabricated text) can significantly increase harmful content generation (11.2%). The proliferation of AI-generated content further amplifies the issue, creating a “post-contamination legacy”. Authorities highlight dangers in finance, public safety, and healthcare, where data manipulation can trigger market volatility, social panic, and incorrect medical advice.

On August 4th, a 10-year-old girl in Ningqiang County, Shaanxi, China, became trapped in a postal station’s high-speed conveyor belt while playing. Her arm was pulled into the machinery, suspending her in the air. Firefighters successfully rescued her in a 14-minute operation using hydraulic tools. The girl was then transported to a hospital; her condition is unknown. Authorities urge increased parental supervision and stricter safety measures in logistics environments, including protective barriers and warning signs around hazardous machinery.

AMD is set to release its Q2 earnings, anticipating strong results and potentially record-breaking revenue. The company is projected to generate approximately $32 billion in revenue this year, nearing Intel’s level for the first time. While Intel’s Q2 revenue was $12.9 billion, its profitability declined, leading to reduced full-year guidance. AMD’s stock performance is strong, with market capitalization exceeding $280 billion, while Intel’s remains around $80 billion. AMD’s revenue is now more than half of Intel’s, a significant shift given AMD’s reliance on external foundries.

A former TSMC employee in the U.S. has aired grievances on Reddit, highlighting a culture clash between TSMC’s Asian corporate practices and American workplace norms. Criticisms include disorganized training in Taiwan, long working hours (14-16 hours daily) in the U.S. fabs, potential biases in hiring practices, and alleged discrimination. The post describes a “toxic” environment with dysfunctional management, leading to high employee turnover. While TSMC offers attractive compensation, cultural differences and demanding work schedules may create a difficult experience for American employees.

Baidu’s Apollo Go and Lyft are partnering to launch driverless taxi services in Europe, starting in Germany and the UK by 2026. The plan involves deploying thousands of Apollo Go’s autonomous vehicles, leveraging Lyft’s operational expertise. This collaboration follows a similar alliance with Uber and aims to expand Apollo Go’s global reach, building on its existing fleet of over 1,000 autonomous vehicles operating in 15 cities. The goal is to provide safer, greener, and more efficient transportation options to European riders.

WeChat warns of a new online shopping scam where buyers receive incorrect items. Scammers provide QR codes for “customer service,” leading to phishing attempts. Victims are lured into downloading apps and transferring funds through promises of compensation or task rewards. WeChat advises using official platform customer service for after-sales issues and cautions against trusting excessive compensation offers or prepayment requests.

JD Auto was found guilty of unfair competition against Tuhu Car by the Shanghai Intellectual Property Court, stemming from JD Auto’s “Zhenhu Price” campaign. The court ruled the campaign constituted commercial disparagement and false advertising. JD Auto must cease the practices, pay Tuhu Car 5 million yuan in damages, and publish a statement across multiple platforms for ten days to mitigate reputational damage. Tuhu Car confirmed receiving the compensation but awaits JD Auto’s public statement.

The upcoming MediaTek Dimensity 9500 is rumored to offer a 40% improvement in GPU efficiency over its predecessor, alongside significant ray tracing performance gains. This could allow flagship smartphones to achieve frame rates exceeding 100fps in ray tracing, rivaling high-end PCs. This enhancement caters to the growing demand for better mobile gaming experiences with demanding titles. The Dimensity 9500 aims to elevate mobile game visuals, potentially setting a new industry benchmark for performance and efficiency.

TuHu Car won a lawsuit against JD Auto in China over JD’s “Crush Tiger Price” campaign, which was ruled as unfair competition. The campaign, launched around TuHu’s Hong Kong IPO, aimed to undercut TuHu’s prices by 5%. TuHu argued this misrepresented their pricing. The court sided with TuHu, ordering the cessation of the campaign. This case underscores the intensifying competition in China’s auto maintenance e-commerce and sets a legal precedent regarding aggressive pricing strategies.