Subscribe to Jack
Receive the latest updates directly to your inbox.
Card Header

China’s ChatGPT Race: Breaking Free from US Constraints

Jack
April 24
Today, the AIGC market in China is booming
Card Header

Wang Laichun: From Ordinary Factory Worker to CEO of a Billion-Dollar Company

Jack
April 24
Wang Laichun always carries a low-key demeanor that doesn’t quite match her fame. In public interviews, she speaks softly with a slight Cantonese accent unique to Guangdong people. However, her voice is clear, and she narrates the story of her company’s development in an approachable and amicable manner.

China's Stance on China Concept Stocks Boosts Investor Confidence - FirmKnow

Jack
April 08
On March 16, the Financial Stability and Development Committee Under China’s State Council held a special meeting to study the current economic situation and capital market issues. It is mentioned that with regard to China concept stocks, the regulatory agencies of China and the United States have maintained good communication, have made positive progress, and are working on forming a specific cooperation plan. The Chinese government continues to support various types of companies to list overseas.

The Argument of The CEO's salary in Tech Firms

Jack
April 08
On March 31, Yang Yuanqing, chairman and CEO of Lenovo Group, announced in an internal letter that he would voluntarily distribute his 80 million yuan salary and long-term incentive bonus to front-line employees to help them overcome the difficulties caused by factors such as the epidemic. According to the “Beijing Youth Daily”, in the fiscal year 2021, Yang Yuanqing received a salary of 168 million yuan.

Buffett buys 11.4% of HP for $4.2 billion

Jack
April 08
Berkshire Hathaway, controlled by Warren Buffett, disclosed that it has bought nearly 121 million shares of Hewlett-Packard Co., the latest in a series of large investments by the group. The investment gives Berkshire a roughly 11.4 percent stake in HP, worth about $4.2 billion based on HP’s closing price of $34.91 on Wednesday.

Posdsights Benchmark Report Q1 2022

Jack
March 24
Podsights has released its “Posdsights Benchmark Report Q1 2022.” Podcast ads offer several advantages, such as ideal target audience, brand safety, and seamless integration of ad creatives within the show. Podcast ad investment is expected to grow 30.6% last year.
Card Header

Sony Interactive Entertainment CEO Jim Ryan Says Players Only Remember the Best Games - FirmKnow

Jack
October 16
Sony Interactive Entertainment CEO Jim Ryan, speaking in an interview with Chinese publication TMT Post, the PlayStation boss talks about how the company strives for top notch titles, even if it means they take a little longer to make. The translations of his answers are a little rough, but the gist is there. He says it’s “better to wait and have a great game than to rush and have a game that is okay or quite good”.Ryan continues: “Players only remember best games rather than okay games. If it is a best game, players may want a sequel, and they will also want to buy a sequel, but no one really cares about a game that is only okay.” He concludes that Sony won’t settle for less: “We want the best.”He cites Ratchet & Clank: Rift Apart as an example, a game he’s been playing recently. Ryan’s definition of a best game is one which “can arouse certain emotions of the players, such as making the player feel excited, feel the adrenaline rush, or feel happy or sad”.
Card Header

LinkedIn to Shut Down Chinese Version, Shifting to Jobs-Only App

Jack
October 16
BEIJING, October 14 (TMTPOST)— Microsoft’s professional social network LinkedIn suffered a setback in its localization in China. LinkedIn announced on Thursday a decision to sunset the localized version in China later this year, ending its localization effort since February 2014 in a market where it just halted new signups in March to review compliance with the local law.
Card Header

China Concepts Stocks, A New Round of Return in 2021

Jack
October 16
For many Chinese companies, the U.S. stock market has changed from a gold mine with both fame and wealth to a dangerous place full of unknown tests.