Markets
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Restaurant and Delivery Double Standard Exposed: Fresh Meat In-House, Frozen Pre-Cooked Meals Delivered.
An investigation reveals potential double standards in the restaurant industry, where some establishments allegedly use premium ingredients for dine-in customers while offering cheaper alternatives to delivery orders. This disparity, fueled by a lack of oversight and cost pressures, compromises food quality for delivery. The report highlights the need for industry regulation, transparent practices, and innovative solutions like “live kitchen streams” to ensure consistent quality and pricing, ultimately building consumer trust in the food delivery ecosystem.
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Sports.com and Lottery.com Fuel Ilott and Foster in Toronto Street Fight for 2025
SEGG Media (NASDAQ: SEGG) announced its sponsored drivers, Callum Ilott and Louis Foster, will compete in the 2025 Ontario Honda Dealers Indy Toronto. Foster seeks consistency after a strong Iowa performance, while Ilott aims to improve his best Toronto finish. Marc Bircham, Director of Sports.com, will attend. This follows
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China’s Market Regulator Summons Ele.me, Meituan, and JD.com Amid Food Delivery Price War, Urges Rational Competition
China’s SAMR summoned executives from Ele.me, Meituan, and JD.com, emphasizing compliance with laws like the E-Commerce and Food Safety Laws. Regulators urged responsible practices, standardized promotions, and fair competition to foster a healthy ecosystem. This follows heightened competition in the on-demand delivery sector, with platforms launching promotional campaigns. Meituan’s instant retail order volume reached 150 million on July 12th. Meituan CEO Wang Putao expressed reluctance towards the ongoing “delivery war”.
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Woman Fired After Insulting Smoking Boss: $14,000 Claim Rejected
A Shanghai court upheld the termination of an employee, Xu Xiaojiao, who publicly insulted her smoking boss on WeChat. Xu’s comments violated company policy against insulting behavior, as outlined in the employee handbook. The court ruled that her remarks exceeded mere uncivil language and rejected her claim for wrongful termination compensation, emphasizing the need for professional conduct, even online. The initial ruling to terminate Xu was validated.
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NuRAN Issues Corporate Update Video
NuRAN Wireless (NRRWF) achieved its first positive EBITDA in Q1 2025, as highlighted in a corporate update video featuring key executives. The company is currently negotiating potential debt restructuring to improve financial terms and seeking additional operating funds. While the positive EBITDA marks a significant milestone, the need for further funding and debt restructuring suggests ongoing financial considerations.
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Sony Troubles Continue: Headphone Hinge Issues Emerge After Mobile Exit
Sony faces setbacks as Xperia 1 VII sales are globally suspended due to freezing problems. Simultaneously, the newly released WH-1000XM6 headphones are reportedly experiencing “broken hinge” issues. These product flaws pose a significant challenge for Sony’s reputation and may impact consumer confidence.
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2025 H1 Online Retail Trends: Instant Retail Expansion Fuels Brick-and-Mortar Recovery, High Merchant and Consumer Approval of JD.com Delivery
China’s online retail market experienced robust growth in the first half of 2025, driven by pro-consumption policies and evolving consumer trends. Key drivers include government stimulus boosting electronics sales, demographic-specific needs (e.g., “new elderly,” Gen Z), and a dual focus on value and premium products. AI-driven innovation, personalized experiences, and the integration of online and offline commerce are reshaping the market. Immediate retail is aiding in the recovery of physical locations, with new entrants like JD’s food delivery gaining significant market share.
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From Goofy Gags to Polished Performances: Group Streams Redefining Expectations
Group streaming is evolving into a structured industry, offering diverse career paths for professionals in operations, content creation, and performance. Streamers like Shadow, Nick, and Qiqi highlight the industry’s dedication to talent development and professional production. They’ve found purpose and creative freedom, supported by meticulous rehearsals and specialized teams. While challenges like demanding schedules exist, the increasing platform regulations and genuine fan engagement are attracting more talent, dispelling previous stereotypes of suggestive content.
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Ensurge Micropower ASA: Share Capital Increase Registered
Ensurge Micropower ASA (ENMPY) finalized its share capital increase to NOK 418,390,160.50 following a private placement. The Silicon Valley company, with a team of forty, develops ultrathin, flexible, solid-state lithium microbatteries for wearables, hearables, IoT sensors, and fitness devices. Their strategy is to prototype and manufacture at small scale in-house, then outsource large-scale production to specialized partners. The company is listed on the Norwegian stock exchange with funding from Norwegian investors.
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Man Spots Vintage EU-Plated Car on Shandong Highway, Internet Reacts
A vintage, EU-plated Škoda 1000 MB was spotted on a Shandong highway in China, sparking online discussion. Netizens were amused by the unlikely sight of the classic Czech car, adorned with various national flags, navigating Chinese roads. The incident raised questions about vehicle regulations, emissions standards, and China’s openness to foreign-registered vehicles. While the car may not meet modern emission standards, temporary import permits allow foreign vehicles on Chinese roads if they meet safety standards and obtain insurance.