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ANR Industry News Highlights [August 2023]

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

发布日期: 2023年8月26日

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.

1. Innovation

1a. From Kuaishou to iQiyi, Chinese Tech Firms See Stronger Profits as They Tout Potential of Generative AI

Kuaishou, a short-video company, achieved a group-level quarterly net profit for the first time. Similarly, iQiyi, supported by Baidu, also turned a profit. Kuaishou has started internally testing its chatbot called "Kuaishou AI conversation," while iQiyi and Bilibili have started using generative AI in content creation.

1b. Microsoft Puts Python in Excel

Microsoft now allows Python to be used in Excel, combining data analysis capabilities with Excel's features. This feature is currently in a public preview and includes enhanced editing functions and support for the Anaconda library.

Initially available for Microsoft 365 Insiders, it will eventually be available on other platforms as well. During the preview phase, Python in Excel is included with a subscription, and positive feedback highlights its potential for analytics and education.

1c. Huawei Mate 60 Series May Feature Pioneering Satellite-Phone Function

Insiders in the supply chain say that Huawei's new Mate 60 series might have satellite phone-call capabilities using the Tiantong-1 satellite system. The series is likely to have special chips for this system.

However, older devices like the Mate X3 and P60 series won't support this feature. There are also reports that the Mate 60 series and Apple's iPhone 15 series may launch around the same time.

2. Economy

2a. China, South Africa Push 'Peace Plan' For Ukraine at BRICS Summit

China and South Africa want to join discussions to end the war in Ukraine. They stress the importance of dialogue and peace talks. China has suggested a 12-point plan, including a ceasefire and lifting unilateral sanctions on Russia.

The BRICS summit also focuses on reducing reliance on the dollar and boosting trade with Africa and South America. European nations and the US are watching closely, while Ukraine insists on regaining control of its borders before making peace deals with Russia.

2b. Xiaomi is Preparing MIOS: a Potential Android Replacement

Xiaomi has registered the trademark "MiOS," leading to speculation that they are creating their own operating system. MIUI, known for customization but criticized for bloatware and ads, could be replaced.

Developing its own system would give Xiaomi more control, freedom from Google, and the ability to design unique features. Concerns about Google's actions and entering new markets could be motivating this decision, which may have a big impact on the smartphone industry.

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2c. Bitcoin Halving Can Take BTC Price to $148K by July 2025 - Pantera Capital

Pantera Capital believes Bitcoin will reach approximately $150,000 in its next halving cycle. Historical data suggests that BTC/USD hits a low point before the halving and then rises sharply.

The firm thinks the recent bear market in 2022 marked the current cycle's bottom, and they expect BTC/USD to trade around $35,000 by the April 2024 halving. While the impact of each halving decreases, they still anticipate substantial price increases.

3. Society

3a. Hot Search: Japan: IAEA Monitoring Treated Water Release from Fukushima Nuclear Plant

The UN nuclear watchdog oversees the release of treated water from Fukushima. Japan's choice to release water into the sea has received criticism.

The IAEA supplies real-time information and ensures adherence to global safety standards. The treated water, which was contaminated during the nuclear incident, undergoes filtration and is stored. An IAEA report confirms the safety of the controlled release. Protests and seafood bans have occurred in Japan and nearby nations.

3b. Hot Discussion: Top China Talent Show Suspended After Uproar Over Treatment of Late Pop Star Coco Lee

China's popular talent show, "Sing! China," was stopped after late pop star Coco Lee alleged mistreatment. The backlash caused the production company's value to plummet and sparked boycott demands.

Lee's claims triggered an investigation, and the show's broadcaster suspended its airing. The controversy stemmed from audio recordings where Lee accused the production team of unfair treatment and bullying.

4. Culture

4a. Fast Growing App: Future Encyclopedia - an all-round AI tool navigation site