All-Weather Media

Admin

Byte PICO management reshuffle: Tech expert Li Xiaokai takes over, bidding farewell to the era of expansion

Byte PICO management reshuffle: Tech expert Li Xiaokai takes over, bidding farewell to the era of expansion

On July 21, PICO, the XR (Extended Reality) business under ByteDance, completed its core management transition. Specifically, PICO founder Zhou Hongwei will no longer serve as the head of the business due to personal plans, with Li Xiaokai taking over the position, fully responsible for PICO’s subsequent business development.

Meta's customized AMD MI450 chip has its computing power halved and memory drastically reduced. SemiAnalysis: This is a tragedy of Meta's company culture.

Meta's customized AMD MI450 chip has its computing power halved and memory drastically reduced. SemiAnalysis: This is a tragedy of Meta's company culture.

``` Meta's series of missteps in the area of AI infrastructure are exposing deep organizational cultural problems at the cost of billions of dollars. According to a recent disclosure by the chip industry research firm SemiAnalysis, Meta is requesting AMD to customize a significantly downgraded version of the MI450X

The Japanese yen fell below the 163 mark, hitting a nearly 40-year low, as Japan’s finance minister warned of "bold action."

The Japanese yen fell below the 163 mark, hitting a nearly 40-year low, as Japan’s finance minister warned of "bold action."

``` The Japanese yen continues to be under pressure, falling to its lowest level in nearly forty years, while the effect of Japanese authorities' verbal interventions is becoming increasingly limited. On Wednesday, the exchange rate of the yen against the US dollar fell below the 163 mark, hitting a nearly

Samsung is in talks to invest in French AI unicorn Mistral, raising the company’s valuation to 20 billion euros.

Samsung is in talks to invest in French AI unicorn Mistral, raising the company’s valuation to 20 billion euros.

``` Samsung Electronics is in talks to invest several hundred million euros in French AI startup Mistral, a move that will further strengthen the market position of Europe's most valuable AI company and reflects the fierce global competition for AI computing resources among technology investors. According to sources cited

How much of its profit will TSMC lose by building a factory in the US?

How much of its profit will TSMC lose by building a factory in the US?

``` Trump’s “Made in America” pressure is turning into real profit costs for TSMC. While the world’s largest foundry has set a quarterly profit record, it has also, for the first time, clearly quantified the degree of gross margin erosion from its overseas expansion, and this pressure will intensify

The "extreme clustering" of public funds: In Q2, the electronics and transportation industries accounted for as much as 60%, and the proportion of the STAR Market reached a record high.

The "extreme clustering" of public funds: In Q2, the electronics and transportation industries accounted for as much as 60%, and the proportion of the STAR Market reached a record high.

``` Zhang Kun, once famous for his heavy positions in liquor stocks, significantly reduced holdings in "Mao Wu Lu Fen" in the second quarter and switched to semiconductor and optical communication—this iconic shift reflects the overall drastic change in public fund portfolio styles in Q2 2026. According to

From plummeting to rebounding, about 75% of leveraged ETF liquidation in Korean stocks has been completed.

From plummeting to rebounding, about 75% of leveraged ETF liquidation in Korean stocks has been completed.

``` South Korea's stock market rebounded sharply on Wednesday, as the pressure from leveraged positions that had weighed on the market for several weeks is nearing its end, bringing a turning point for the persistently sluggish market. The benchmark Kospi index surged as much as 6.2% on Wednesday,