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After reducing losses by 9.6 billion, Meituan turns to retail for growth.

After reducing losses by 9.6 billion, Meituan turns to retail for growth.

``` On June 1, Meituan released its first report card for 2026. Q1 revenue reached 91 billion yuan, a year-on-year increase of 5.6%; operating loss was 6.5 billion yuan, narrowing by 9.6 billion yuan from the previous quarter’s 16.1 billion yuan; adjusted net loss was 4.

South Korea surpasses India to become the world’s sixth largest stock market.

South Korea surpasses India to become the world’s sixth largest stock market.

``` South Korea’s stock market has surged strongly on the wave of artificial intelligence chips, with its market capitalization soaring by 86% this year to $5 trillion, surpassing India’s $4.8 trillion, and becoming the world’s sixth-largest stock market. Samsung Electronics and SK Hynix are the core driving

Say goodbye to single-chip dependence! OpenAI plans to launch a cross-platform AI optimization tool, aiming at Nvidia CUDA.

Say goodbye to single-chip dependence! OpenAI plans to launch a cross-platform AI optimization tool, aiming at Nvidia CUDA.

OpenAI is considering making its internally developed cross-chip software optimization tools publicly available; if this happens, it will directly impact the moat Nvidia has long built around its CUDA software ecosystem. On June 1, according to technology media outlet The Information, Sachin Katti, OpenAI’s Senior Vice President of Computation

Report: Tencent is close to launching a WeChat AI assistant

Report: Tencent is close to launching a WeChat AI assistant

``` Tencent is accelerating plans to embed AI agents within WeChat, a move that will directly impact the user experience of over 1.4 billion WeChat users in China and may reshape the competitive landscape of domestic AI applications. On June 2, according to the UK's Financial Times, two

The ChiNext Index rose 1%, optical modules surged, and "Yizhongtian" stocks climbed together. The Hang Seng Tech Index jumped over 2% as tech stocks soared, with Tencent up more than 4%.

The ChiNext Index rose 1%, optical modules surged, and "Yizhongtian" stocks climbed together. The Hang Seng Tech Index jumped over 2% as tech stocks soared, with Tencent up more than 4%.

``` On June 2nd, A-shares fluctuated upwards in the morning session. The three major indexes once fell collectively, then the Shenzhen Component Index and the ChiNext rebounded, with ChiNext rising nearly 2% at the start, the STAR 50 Index down 1%, and the Wind Micro-cap Index plunging nearly 3%. Coal, banking,

When it rains, it pours—GoPro, the "pioneer of action cameras," is on the verge of collapse.

When it rains, it pours—GoPro, the "pioneer of action cameras," is on the verge of collapse.

``` AI made storage chips more expensive. The first to cry out in pain was not the smartphone giants, nor the auto makers, but the long-ailing GoPro. On Monday, GoPro submitted an 8-K filing to the SEC, stating that there is "substantial doubt" about the company's ability

Anthropic's most powerful cybersecurity model, Mythos, is about to be fully launched, but its "high price" is causing businesses to complain.

Anthropic's most powerful cybersecurity model, Mythos, is about to be fully launched, but its "high price" is causing businesses to complain.

``` Mythos can identify two dozen critical vulnerabilities in three weeks, but it can also burn through a million dollars of your money in the same timeframe. According to The Information, Anthropic announced on Thursday that it plans to open its "Mythos-level model" to all customers in the coming