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SF Express's early-incubated retail locker business is about to go public.

SF Express's early-incubated retail locker business is about to go public.

``` On June 10, Shenzhen Fengyi Technology Group Co., Ltd. (operating brand "Feng e Foot Food", hereafter referred to as Fengyi Technology) submitted its prospectus to the main board of the Hong Kong Stock Exchange. Agricultural Bank International acts as the sole sponsor, while China International Capital Corporation and

Leak of Data on Two-Thirds of Population? South Korea's "Amazon" Heavily Fined

Leak of Data on Two-Thirds of Population? South Korea's "Amazon" Heavily Fined

South Korea's largest e-commerce platform, Coupang, has received the country’s highest-ever fine for a data breach from regulators, amounting to 624.6 billion won (approximately $409 million), further worsening the company’s already stressed financial situation. According to the Financial Times, the South Korean Personal Information Protection

U.S. government invests $2 billion to support quantum computing—why is Google absent?

U.S. government invests $2 billion to support quantum computing—why is Google absent?

``` Google rejected quantum computing funding from the Trump administration, citing that attached conditions would slow its research and development pace. This statement reveals the cooperation boundaries between the government and tech giants in the quantum race. According to Semafor's report on Thursday, the US government announced last month

Anthropic CEO: I have only one direct report; I leave the rest to my sister.

Anthropic CEO: I have only one direct report; I leave the rest to my sister.

``` Anthropic co-founder and CEO Dario Amodei recently revealed an extremely rare management structure — he currently has only one direct report. This arrangement allows him to focus the vast majority of his energy on corporate strategy, research direction, and shaping company culture, rather than day-to-day operations. According to Bloomberg, Amodei disclosed

The United States plans to lend an additional 40 million barrels of crude oil from the Strategic Petroleum Reserve to lower fuel prices.

The United States plans to lend an additional 40 million barrels of crude oil from the Strategic Petroleum Reserve to lower fuel prices.

``` The US government is once again using strategic petroleum reserve tools to intervene in the energy market through administrative means, aiming to lower domestic fuel prices. The US Department of Energy announced on Wednesday plans to lend up to 40 million barrels of crude oil from the Strategic Petroleum Reserve

SoftBank’s attempt to use OpenAI as collateral for a loan hits another obstacle; the market begins to question its debt repayment ability.

SoftBank’s attempt to use OpenAI as collateral for a loan hits another obstacle; the market begins to question its debt repayment ability.

SoftBank Group's financing plan using its OpenAI equity as collateral has suffered setbacks, raising doubts about the Japanese tech giant's ability to repay its debts. According to Bloomberg, negotiations between SoftBank and potential lenders over a downsized $6 billion margin loan have stalled due to growing

Bearish sentiment on gold is rising! Traders are betting on another 40% decline over the next two years.

Bearish sentiment on gold is rising! Traders are betting on another 40% decline over the next two years.

``` The wave of sell-offs in the gold market has not yet subsided, and signals from the options market show that some traders are betting that this decline will continue for the next two years. The GLD ETF (SPDR Gold Fund) fell more than 3% again on Wednesday, having retreated a