ANR Industry News Highlights [Jul 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. Meta Intros Its Biggest Open Source AI Model: Llama 3.1 405B
Meta released the Llama 3.1 family of large language models, including the 405B model, supporting eight languages and expanded context windows. Despite high costs, the open-source approach allows enterprises to customize and leverage the models. Meta also introduced safety tools and expanded its AI assistant's availability and capabilities.
1b. NVIDIA Unveils Suite Of Tools To Accelerate Humanoid Robotics
At SIGGRAPH 2024, NVIDIA introduced new tools for humanoid robotics developers, including NIM Microservices, OSMO Cloud Compute Orchestration, and Teleoperated Data Capture Workflow. These tools aim to accelerate robotics development and simulation, with early access available through the new Humanoid Robot Developer Program.
1c. Samsung Galaxy Ring Could Be A Market Disruptor
Samsung’s Galaxy Ring sold out pre-orders before its July 24, 2024 release, showing strong consumer interest. Priced at $399 with no subscription fee, it competes with Oura ring. Featuring sensors and AI-driven health insights, it integrates seamlessly with Samsung’s ecosystem, potentially boosting brand loyalty and market disruption.
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2. Economy
2a. Key Takeaways From China’s Third Plenum 2024
The Third Plenum of the CCP’s Central Committee reaffirmed a long-term vision focusing on innovation, green energy, and consumption but disappointed Western analysts by not addressing near-term growth issues. Emphasis was placed on market mechanisms, fiscal reform, deleveraging real estate, and unifying the national market, with an expectation of more detailed policies soon.
Read More: https://www.atlanticcouncil.org/blogs/econographics/key-takeaways-from-chinas-third-plenum-2024/
2b. Cybersecurity Firm Wiz Calls Off $23 Billion Deal With Google, Memo Says
Israeli cybersecurity startup Wiz ended acquisition talks with Alphabet, focusing instead on an IPO and aiming for $1 billion in annual recurring revenue. CEO Assaf Rappaport expressed confidence in this direction. The halted $23 billion deal would have been Alphabet's largest acquisition. Neither company officially acknowledged the talks.
2c. Everything Bitcoin: L2s See Wave Of Adoption, But Security Needs To Catch Up
The Bitcoin 2024 conference highlighted protocols enhancing the Bitcoin blockchain, aiming to bring DeFi and other applications to Bitcoin. Despite early-stage challenges, layer 2 solutions show promise. Investment manager Franklin Templeton supports these innovations, while security remains a concern. The conference emphasized Bitcoin's potential for gaming, NFTs, and closing the utility gap with other blockchains.
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3. Society
3a. Hot Search: Paris Olympics: Celine Dion Wows At Opening Ceremony 18 Years On From Atlanta Performance
Celine Dion made a triumphant return at the Paris Olympic Games opening, performing from the Eiffel Tower after a four-year hiatus due to health issues. Despite her diagnosis with Stiff Person Syndrome, her praised performance highlighted her resilience, drawing accolades from fans and Canadian PM Justin Trudeau.
3b. Hot Discussion: How Noplace Used Myspace Nostalgia To Become A Top App In The App Store
Noplace, a new social media platform inspired by Myspace, offers highly customizable profiles and features such as "stars" for shared interests, a live feed called "notes," and the ability to rank friends. Aimed at creating a more social experience than current platforms, Noplace quickly topped the Apple App Store.
Read More: https://www.pocket-lint.com/noplace-myspace-inspired-social-media-platform-hit-no-1-app-store/
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4. Culture
4a. Fast Growing App: NotchDrop - an app to transform MacBook's notch
Read More: https://github.com/Lakr233/NotchDrop
4b. Fast Growing Game: Banana - a free Steam PC game
4c. Fast Grossing Movie: Deadpool & Wolverine - a Marvel movie
Read More: https://www.imdb.com/title/tt6263850/
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Contributed by: Mr Carri Yeung
#strategyconsulting | #digitaltransformation | #marketing
Website: www.carriinsights.com