Tobias
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Top Trending: SF Express Loses Bracelet Worth $7,500, Only Compensates $10: Item Uninsured
A Chinese express delivery service faces criticism after a customer’s $7,000+ jadeite bracelet went missing during shipment, with initial compensation offered at a mere $10. This sparked outrage, highlighting the lack of declared value insurance on a returned item worth nearly $50,000. The incident triggered debate about consumer rights and compensation liability in uninsured shipments, prompting calls for adherence to civil law principles and emphasizing the importance of declaring value and securing insurance for high-value goods.
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Apple CEO Cook Relieved as US Court Blocks Trump Tariffs
A US federal court has blocked the former President’s attempts to impose tariffs on imported goods, including those from Apple, citing overreach of executive power. This decision led to a market rally as it averted potentially crippling tariffs on iPhones and other smartphones. Analysts warned of significantly increased prices and difficult logistics if production shifted to the US, potentially taking years and drastically impacting consumer spending.
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Baidu Qianfan Launches DeepSeek-R1-0528: Rapid Integration for Large Language Models
DeepSeek has launched an updated R1 model, DeepSeek-R1-0528, improving complex reasoning, long-text handling, and code generation. This advancement positions the model competitively against industry leaders. Integrated with enterprise-focused features like enhanced security and robust infrastructure, the model offers batch processing, model evaluation, and customized LLM building. The upgrade seamlessly connects to application development, empowering businesses with advanced AI capabilities, including Retrieval-Augmented Generation (RAG).
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Unitree Robotics Changes Name; Wang XingxIng Previously Considered Hong Kong IPO
Unitree Robotics, formerly Hangzhou Unitree Technology, rebranded, sparking IPO speculation. Discussions with Hong Kong’s Chief Executive about a potential listing and the company’s global expansion plans, fueled by rapid growth and talent demands, suggest an aggressive future direction. The restructuring’s timing is significant, despite the company’s claims that it will not affect current operations.
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Gen Z Caregiver Lands Job at JD.com, Secures Benefits
A young woman in Jiangsu province, known for raising her siblings, has been hired by JD.com. The e-commerce giant offered her a full-time delivery rider position with full social insurance and housing benefits, stabilizing her life. This aligns with JD’s recent initiative to offer comprehensive benefits to delivery personnel, reflecting founder’s vision of prioritizing employee well-being.
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Bleak Start: NAND Flash Revenue Plunges Nearly a Quarter in Q1 for Top 5 Manufacturers
The NAND flash market faced a tough Q1 2025, with a 15% ASP drop and 7% shipment decline due to inventory pressure and weak demand. The top five suppliers’ combined revenue fell nearly 24%. Samsung led, but revenue decreased by 25%. Micron rose to third despite ASP drops. Despite the downturn, a rebound of about 10% in sequential revenue is anticipated in Q2.
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JD Launches “Hong Jing Plan”: Direct Integration of Redbook Ads to JD Platform
JD.com launched the “Hong Jing Program,” an enhanced partnership with Xiaohongshu, building on the success of the “Xiao Hong Meng” initiative. This program integrates the platforms to create direct-to-purchase pathways, including a “Planting Grass Direct” advertising feature. The goal is to guide users from content discovery on Xiaohongshu to purchases on JD.com, streamlining the buying process and boosting sales, leveraging successful metrics from the initial collaboration. This initiative focuses on streamlined traffic flow, improved data integration, and expanded collaboration.
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ICRA 2025: Daimon’s New Vision-Touch Sensor Wows the Industry at US Debut!
At ICRA in Atlanta, a Chinese company debuted its advanced tactile-sensing technology, DM-Tac W and DM-Hand1, attracting attention from experts. The sensors, featuring high-resolution visual-tactile capabilities, enable robots to perform complex tasks like adaptive grasping and handling fragile objects. Based on research from HKUST, the company’s innovation marks the first large-scale export of Chinese visual-tactile products.
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ByteDance’s Response to Third-Party Tool Ban: Not a Blanket Ban, Compliant Tools Can Still Be Used
ByteDance, TikTok’s parent company, is restricting internal use of third-party AI tools like Cursor and Windsurf starting June 30th to mitigate data leakage risks. The company will prioritize its in-house assistant, Trae. This move, prompted by security concerns related to individual employee accounts and regional availability issues, is not a complete ban. Approved tools meeting compliance standards can still be requested and utilized after undergoing assessments.
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India Surpasses Japan to Become World’s Fourth-Largest Economy, Eyes Developed Nation Status by 2047
India has surpassed Japan to become the world’s fourth-largest economy, according to the NITI Aayog. Driven by a robust 6.5% growth rate, the economy now exceeds $4 trillion. Government officials project India will be the third-largest economy in three years. This milestone aligns with the nation’s ambition to become a developed country by 2047.