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ANR Industry News Highlights [Aug 2024]
The Asian General Chamber of New Retail (ANR) 亞洲新零售總會
ANR is on a mission to build a ecosystem connecting Funders, Founders, Brands, Experts, Services Providers in New Retail
In the digital age, information overload is a significant challenge. To help you stay informed, I've curated a list of the most trending and valuable news topics that Chinese netizens are interested in across various fields. By providing you with this information, you can stay up-to-date with the latest developments in the market.
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1. Innovation
1a. When It Comes To Cloud, It's China Against The World
The global cloud ecosystem is split, with China having different companies due to political and economic reasons. Amazon, Microsoft, and Google lead the global market with significant shares. Alibaba dominates in China, followed by local companies like Tencent. Western cloud providers face restrictions in China, requiring local partnerships. The US remains the largest cloud market, while China's market is growing rapidly. Despite dominance by major players, opportunities exist for smaller companies to focus on niche services.
1b. Microsoft Reportedly Giving Copilot A Rebranding
Microsoft is rebranding its AI tools from “Microsoft Copilot” to “Microsoft 365 Copilot” to align with its paid services. This change affects app names, like “Copilot in Word” becoming “Microsoft 365 Copilot in Word.” Specific services will have names like “Microsoft 365 Copilot for Sales.” A new chat module, “Business Chat,” is introduced. While the rebranding caused some internal confusion, it primarily targets AI products within Microsoft 365, with no changes for consumer-facing tools.
1c. GitHub Patches Critical Security Flaw In Enterprise Server Granting Admin Privileges
GitHub fixed three security flaws in its Enterprise Server, including a critical bug (CVE-2024-6800) with a CVSS score of 9.5, which could allow attackers to gain site admin privileges. Two medium-severity flaws (CVE-2024-7711 and CVE-2024-6337) were also patched. These issues are resolved in GHES versions 3.13.3, 3.12.8, 3.11.14, and 3.10.16. GitHub previously patched another critical flaw in May. Organizations using vulnerable versions are urged to update to protect against these threats.
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2. Economy
2a. Telegram Messaging App CEO Durov Arrested In France
Pavel Durov, founder of Telegram, was arrested in Paris, prompting Moscow to warn France about his rights and criticism from Elon Musk about free speech in Europe. Durov, a dual citizen, was detained due to an arrest warrant and allegations related to Telegram's moderation. The arrest led to political tensions and scrutiny over Telegram's role in privacy and free speech.
2b. BYD Overtook Honda And Nissan In Global Car Sales
BYD, a leading Chinese carmaker, rose to seventh in global sales, surpassing Honda and Nissan with a 40% sales increase. Meanwhile, Toyota, Volkswagen, and Hyundai-KIA saw sales declines. BYD's growth has shifted global market dynamics, prompting the European Commission to raise tariffs on Chinese cars, leading to China protesting this decision to the WTO.
Read More: https://www.azernews.az/region/230269.html
2c. National Public Data Breach: Only 134 Million Unique Emails Leaked And Company Acknowledges Incident
In August, 2.7 billion records, including Social Security numbers, were leaked from National Public Data on a dark web forum. The breach was linked to a December 2023 hack by a "third-party bad actor." The data included names, addresses, and SSNs but not phone numbers or emails. National Public Data has implemented additional security measures and recommends affected individuals take preventative actions. The breach highlights the need for stronger regulations on data brokers.
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3. Society
3a. Hot Search: Solana-Based Drift Protocol Launches BET Prediction Market, Challenging Polymarket
Drift Protocol launched BET, a Solana-based prediction market platform, challenging Polymarket. BET quickly gained traction with $3.5 million in liquidity within 24 hours. Users have wagered on political outcomes, like Trump's 2024 election chances. Despite a strong start, Drift trails Polymarket's $74 million in bets. Drift allows wagers in 30 cryptocurrencies and plans to expand into sports and pop culture. The DRIFT token rose 24%, trading at $0.42 with an $86 million market cap.
3b. Hot Discussion: Xinhua Headlines: Video Game "Black Myth: Wukong" Takes Global Players On Journey Beyond West
"Black Myth: Wukong" is a new video game inspired by "Journey to the West," marking a significant entry by Chinese developers into the global gaming market. Launched worldwide, it quickly gained popularity, topping sales charts. With high ratings and a unique blend of Chinese culture and modern gaming, it showcases China's growing influence in triple-A titles. The game features traditional music, meticulous design, and cultural storytelling, appealing to international audiences and sparking discussions about its rich mythology.
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4. Culture
4a. Fast Growing App: Nuclei - a vulnerability scanner
Read More: https://github.com/projectdiscovery/nuclei
4b. Fast Growing Game: Black Myth: Wukong on Steam - an action RPG
4c. Fast Grossing Movie: Maharaja - an action thriller film
Read More: https://www.imdb.com/title/tt26548265/
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Contributed by: Mr Carri Yeung
#strategyconsulting | #digitaltransformation | #marketing
Website: www.carriinsights.com