Tobias

Haier solidifies its global refrigerator leadership, holding 47% of the China market share (Jan-Jul 2025) and retaining its top-selling global brand title for the 17th year. Its dominance stems from continuous innovation, topping global invention patent publications for the 7th year (2024). Addressing specific regional needs, Haier’s technologies like triple independent cooling in Europe and dry zone preservation in Southeast Asia drive market success. Haier also leads in international standards, developing the first IEC standard for refrigerator preservation, impacting the global industry.

A Chinese couple sued an auto manufacturer for 2 million yuan after their son died from head compression caused by a faulty car seat. The Shanghai court rejected their claim of a design defect and inadequate warnings, sparking online debate. The court emphasized parental responsibility for child safety. Experts highlight that parents bear the primary responsibility for ensuring their children’s safety, saying the lawsuit reflects a commitment to fairness and justice, preventing product liability from shielding parental negligence.

*Fortune* magazine’s “100 Most Influential Business Leaders Globally” list for 2025 is topped by Nvidia CEO Jensen Huang. Chinese business leaders made a strong showing, with 11 representatives, including BYD’s Wang Chuanfu (5th). Xiaomi’s Lei Jun (16th) is highlighted for Xiaomi’s successful entry into the EV market with the SU7, surpassing Apple in this domain. Xiaomi aims to ship 350,000 cars this year, driven by a significant investment following their brief inclusion on a U.S. trade blacklist in 2021.

Elon Musk revealed X (formerly Twitter) now operates with only 1200 employees, a significant reduction from the “a little under 8,000” when he acquired the company. This confirms the drastic cost-cutting measures, including mass layoffs, implemented since 2022. Musk attributes the cuts to previous mismanagement. X has also reportedly converted office spaces into dormitories, highlighting a unique work environment and raising questions about employee well-being.

A 35cm curb in Salisbury, UK, nicknamed “The Car Killer,” has become a viral sensation due to frequent vehicle damage. Drivers cite flawed design, filing compensation claims and creating an online group to share experiences. The curb, intended to improve pedestrian safety, has ironically increased accidents, especially on a tight corner near the train station. Local authorities plan to modify the road layout to reduce accidents. Parallels are drawn to a ridiculed road marking scheme implemented in Pennsylvania.

A woman was sued for reposting a video of a child’s tantrum with a negative caption, which garnered over 300,000 likes. The court ruled in favor of the child’s guardian, ordering the woman to apologize and pay legal fees. This case highlights the importance of protecting minors’ image rights online, as children lack the understanding and capacity to consent to image dissemination. Unauthorized posting of their images can lead to legal repercussions, underscoring the need for careful consideration of legal boundaries in the digital space.

Lynk & Co. showcased its EM-P Super Range-Extended Electric Solution at the “CO:TALK” event in Zhengzhou. This hybrid system prioritizes electric driving and offers intelligent energy management for personalized experiences. The Lynk 08 EM-P, starting at RMB 192,000, is the first mid-to-large plug-in hybrid sedan from Lynk & Co., featuring standard all-wheel drive and advanced ADAS with the Thor chip, LiDAR, and Qianli Haohan H7 solution. It aims to redefine value in the hybrid sedan market.

Nvidia CEO Jensen Huang addresses AI anxieties, arguing AI will augment, not replace, humans. He believes AI lacks ingenuity and requires human input for creativity, ethics, and emotional intelligence. Huang emphasizes that the real threat is not AI itself, but people leveraging AI surpassing those who don’t. He dismisses doomsday scenarios regarding AI safety, advocating for robust engineering, redundant systems, and explainable AI, drawing a parallel to aviation safety practices. Transparency and ethical frameworks are crucial for maintaining public trust.

Sony officially exited the Russian market on August 11th, ceasing all business operations and closing its local office after 18 years. Documents for the closure were submitted in October 2024. This follows Sony’s suspension of operations in 2022 due to the Russia-Ukraine conflict, which included halting PlayStation shipments, closing the PlayStation Store, suspending film distribution, and shutting down Sony Music. Sony had provided free PlayStation Plus subscriptions to Ukrainians until the end of last year.

Geely Automobile Holdings reported strong first-half results with a 27% revenue increase to RMB 150.28 billion and a net profit of RMB 9.29 billion. Vehicle sales surged 47% to 1.409 million, driven by a 126% rise in electrified vehicle sales. The company has raised its full-year sales target to 3 million units and plans to launch five new NEV models. Geely emphasized its commitment to value, technology, and ethical practices, addressing concerns about “involution” and improving communication with users.