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ANR Industry News Highlights [May 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. Microsoft Outage Took Down Copilot, DuckDuckGo, And ChatGPT Search Features
A Microsoft outage on Thursday morning affected search capabilities for ChatGPT, Copilot, DuckDuckGo, and others. The issue, linked to Bing’s API, began around 3AM ET and was resolved by 11AM ET. Affected services included ChatGPT, DuckDuckGo, and Ecosia.
Read More: https://www.theverge.com/2024/5/23/24163094/microsoft-bing-search-outage-copilot-duckduckgo-chatgpt
1b. Meta Says AI-generated Election Content Is Not Happening At A “Systemic Level”
Meta's president of global affairs, Nick Clegg, noted little AI-generated misinformation around the 2024 elections despite major votes in countries like Indonesia, Taiwan, and Bangladesh. Experts still worry about AI's potential impact on elections.
1c. It's Rumored That IOS 18 Will Change Your IPhone In Big Ways. Here's How
Apple's Worldwide Developers Conference on June 10 is expected to unveil iOS 18, which could be the biggest update in iPhone history. Rumored features include major updates to the Notes and Calendar apps, smarter Siri with generative AI, and RCS support for better messaging between iPhone and Android users.
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2. Economy
2a. China Piles $47.5 Billion Into ‘Big Fund III’ To Boost Chip Development
China is investing 344 billion yuan ($47.5 billion) in its semiconductor industry via the third phase of the National Integrated Circuit Industry Investment Fund. The fund, backed by 19 state-owned investors, aims to counter U.S. tech restrictions and focuses on equity investment and asset management. The Big Fund III seeks to attract social capital and support the entire integrated circuit industry chain.
2b. OKX HK Discontinues License Application In Hong Kong, Asks Users To Withdraw Funds
OKX is withdrawing its application for a virtual asset service license in Hong Kong and will stop centralized virtual asset trading for users there by May 31, 2024. Despite this, users can withdraw funds until August 31, 2024. This decision follows a business strategy review, aiming to comply with regulations. This move mirrors actions by other exchanges like Huobi Hong Kong, showing the regulatory challenges in Hong Kong’s crypto market.
2c. OpenAI’s News Corp Partnership May Hint At Super-App Ambitions
OpenAI and News Corp have announced a multi-year global partnership allowing ChatGPT to access content from News Corp publications like The Wall Street Journal. This deal aims to enhance ChatGPT's news understanding and could transform how people consume news, potentially competing with Google Search. While some see AI as a risk to journalism, others believe it can augment traditional media work.
领英推荐
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3. Society
3a. Hot Search: Dragon Year Expected To Give 'Baby Bump' To Falling Birthrate
Ma Li timed her IVF to have a baby in the Year of the Dragon, a zodiac sign she believes brings success and wealth. The end of the COVID-19 pandemic and favorable zodiac signs are expected to boost China's birthrate in 2024. Despite this, experts predict a continued long-term population decline due to rising marriage and childbirth ages and the reluctance to have children.
3b. Hot Discussion: IMF Upgrades China Growth Forecast To 5pc
The IMF upgraded China's economic growth forecast to 5% for 2024 but warned of property market risks. Tianjin and Shenyang eased real estate curbs, including lowering down payments and interest rate floors. Analysts highlight the property sector crisis as a major economic challenge.
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4. Culture
4a. Fast Growing App: Rewind - a personalised AI powered by everything you’ve seen, said, or heard
Read More: https://www.rewind.ai/
4b. Fast Growing Game: Rotaeno - a somatosensory music game
Read More: https://www.taptap.cn/app/166257?os=ios
4c. Fast Grossing Movie: The Ministry of Ungentlemanly Warfare - a 2024 spy action comedy film
Read More: https://www.imdb.com/title/tt5177120/
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Contributed by: Mr Carri Yeung
#strategyconsulting | #digitaltransformation | #marketing
Website: www.carriinsights.com
Hiring: NodeJS/ Ruby/ QA/ Embedded (C++/Linux)
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Carri Yeung Awesome and great thanks!