Markets

Northwest Biotherapeutics (NWBO) announced the passing of Senior Vice President and General Counsel, Les Goldman. Goldman was a key contributor to NWBO, a biotech firm focused on personalized immune therapies for solid tumor cancers, particularly via its DCVax® platform. NWBO is advancing DCVax®-L for glioblastoma, with UK regulatory review underway. They are also developing DCVax®-Direct for inoperable solid tumors. His responsibilities are being assumed by existing management.

China’s NRTA is implementing new measures to enrich television content, including a “Content Revitalization Plan.” This plan aims to boost content creation through refined management policies, streamlined review processes, UHD programming prioritization, and encouragement of documentaries, animations, and micro-dramas. They’ll also promote international programs and strengthen copyright protection. This initiative follows the surge in popularity of micro-dramas, which reached 662 million viewers and a market value exceeding China’s total annual box office revenue.

Ameriprise Financial welcomed financial advisors Chris Theis and Michael Thomas, formerly with Commonwealth Financial Network, to its independent channel. Managing over $150 million in combined client assets, they cited Ameriprise’s personalized support, growth-focused resources, and integrated technology as key factors in their decisions. Theis valued the boutique-like environment combined with robust support, while Thomas sought practice management tools to manage growth. Their moves highlight Ameriprise’s success in attracting talent amidst industry consolidation.

Kuaishou live streaming mogul Xinba announced his retirement, citing severe health issues including a lung condition reportedly comparable to a 95-year-old. He will entrust company operations to his business partner. Xinba has a history of respiratory ailments made worse by the demands of live streaming. His retirement follows controversy surrounding his brand “Cotton Secret” sanitary napkins, which were found to contain high levels of thiourea, a Class 3 carcinogen, and linked to consumer health problems.

Gree Electric’s Marketing Director, Zhu Lei, has addressed claims by Xiaomi that they have surpassed Gree in online air conditioner sales in China. Zhu stated that publicly available data from AVC doesn’t support Xiaomi’s claims and that Gree maintained its online market leadership in July. While acknowledging competition, Gree maintains its focus on quality and service to earn customer trust, despite Xiaomi’s ambition to dominate the home appliance market. Xiaomi’s data suggests they are now second in online market share, challenging Gree’s long-held leadership.

Genius Group (GNS) will host a live call on August 26, 2025, to discuss legal updates, including a market manipulation lawsuit and RICO case. GNS seeks $750M+ in the RICO case and rescission of a 2024 agreement with LZGI, demanding the return of 7.4M shares and $6.6M. A Florida court ruled against LZGI directors. Any legal proceeds will be split 50/50 between shareholders and Bitcoin purchases.

Entrepreneur Luo Yonghao rebranded his Weibo account to “Luo Yonghao’s Crossroads” ahead of his podcast launch featuring Li Xiang, CEO of Li Auto. The premiere episode showcases a lengthy conversation about Li’s entrepreneurial journey. The recording session revealed their contrasting personalities, with Li Xiang doing push-ups and Luo Yonghao stretching to stay engaged during the seven-hour podcast.

Ant Group is expanding its AI healthcare presence with the AQ application, designed to combat fraudulent medical advertising, particularly targeting vulnerable elderly populations. Named by Jack Ma, AQ aims to leverage AI to eliminate deceptive healthcare practices. Users can access anti-fraud tools like AI-powered image verification and a misinformation debunking service by typing “anti-fraud” within the app. Launched on June 26th, AQ also features extensive AI-driven health education and consultation resources, representing a strategic investment in AI-driven healthcare.

Tinka Resources (TKRFF) received approval to drill its Silvia gold-copper property in Peru, 100 km south of the Antamina mine. Silvia NW target boasts three mineralized zones along a 4 km trend. Area A shows promising trench samples, including 46 meters at 1.9 g/t gold and 0.8% copper. A 1,500-meter drill program is planned for Q4 2025, pending funding. The property spans 10,906 hectares with permits for 40 drill platforms over 4 km².

A viral video shows an Indian woman mistaking the Chinese toy figure Labubu for a deity and offering it traditional worship. The incident, initially shared on TikTok and X, sparked online amusement and discussion about cultural exchange and potential misinterpretations. Commentators noted the encompassing nature of faith and the toy’s global appeal despite its obscure origins. The event highlights the importance of cultural sensitivity in an interconnected, digital world.