TMT - TechWire

TMT

21:37

                            Microsoft (MSFT.O) has raised prices on its Xbox consoles, games and accessories.
                        
08:03

                            Nikkei 225 opened up 0.25%
                        
                            The Nikkei 225 index opened up 0.25%, while Mitsubishi UFJ Financial and Nintendo rose more than 1%.
                        
12:19

                            The latest report from the National Bureau of Statistics: In 2024, the added value of core industries in the digital economy will account for about 10% of GDP
                        
                            On April 29, at the main forum of the 8th Digital China Summit, the National Data Bureau released the Digital China Development Report (2024), which showed that the Digital China Development Index has maintained a steady growth of more than 10% in the past three years. The development of the digital economy has improved quality and efficiency, and the added value of the core industries of the digital economy accounts for about 10% of the GDP. The report shows that in 2024, the foundation for the development of Digital China will be further consolidated, and digital technology innovation will reach a new level. In 2024, there will be 45,000 new generative artificial intelligence patents published worldwide, of which my country accounts for 61.5%. The data factor market will expand new space, and the data production volume in 2024 will be 41.06 ZB, a year-on-year increase of 25%, and the quantity and quality of high-quality data sets will increase. Data infrastructure has achieved a new leap, with a total computing power of 280 EFLOPS, 4.251 million 5G base stations built, and various new computing power in the eight major data node regions accounting for more than 60% of the country's new computing power.
                        
07:18

                            Platform algorithms move from “black box” to transparent
                        
                            From the allocation of rider capacity to hotel accommodation recommendations, from the dispatch of online-booked vehicles to the supply chain management of e-commerce platforms, algorithms have become the underlying tools of all major platforms and the "invisible helmsman" of China's Internet world. Since the beginning of this year, algorithms have changed their "mysterious technology" attributes and accelerated the process of transparency. According to a review by a Securities Times reporter, except for a few platforms, platforms such as Douyin, Meituan, and Xiaohongshu have opened up the "black box" of algorithms. In this process, some "counter-common sense" cognitive calculation methods have also emerged. The mainstream judgment is that platform algorithm governance is a compulsory course for Internet companies in 2025. But algorithm transparency has its two sides-it is an important tool for reshaping digital civilization, and it is also a challenge for some platform business models. Most respondents said that the "technology for good" of Internet algorithms is the core and key to the problem.
                        
16:06

                            Report: Tencent, Alibaba, and ByteDance rush to buy computing resources
                        
                            According to multiple independent sources, Tencent purchased GPU (graphics processing unit) computing resources worth about 2 billion yuan from ByteDance in the first quarter of this year. These resources are mainly NVIDIA H20 cards and servers. Tencent Yuanbao's current updates mainly use cards from ByteDance. In addition to Tencent, an insider said that Alibaba also placed a GPU order with ByteDance after DeepSeek became popular in the first quarter of this year.
                        
15:02

                            A-share closing review: Shanghai Composite Index fluctuated slightly down 0.2%, and more than 4,100 stocks in the market fell
                        
                            The three major A-share indices fell collectively today. As of the close, the Shanghai Composite Index fell 0.2%, the Shenzhen Component Index fell 0.62%, the ChiNext Index fell 0.65%, and the Beijing Stock Exchange 50 Index fell 1.78%. The total market turnover was 1,076.7 billion yuan, a decrease of 60.3 billion yuan from the previous day. More than 4,100 stocks fell in the entire market. In terms of sector themes, PEEK materials, games, banks, steel, and power sectors led the gains; real estate, tourism and hotels, food and beverages, retail, and breeding sectors led the declines. On the market, bank stocks fluctuated upward today, and the share prices of China Construction Bank, Industrial and Commercial Bank of China, Bank of Jiangsu, and Bank of Chengdu hit record highs during the session. The game sector also performed actively, with Shengtian Network rising more than 9%, followed by Perfect World, Giant Network, and Youzu Network. The real estate sector fell sharply today, with TEDA Services falling more than 10%, and Woaiwojia, Everbright Jiabao, Savills, Tianbao Infrastructure, and Yufa Development hitting the limit during the session. The food and beverage sector also performed poorly, with Pinwo Food falling more than 10%, while Beingmate, Xiangpiaopiao and Royal Group were among the top losers. As for other stocks, Asia Pacific Industrial rose to the daily limit in the afternoon, while Puli fell more than 70% during the session, triggering a temporary suspension.
                        
10:32

                            The gaming sector rose, with Shengtian Network rising by more than 9%
                        
                            The gaming sector rose, with Shengtian Network rising more than 9%, Kunlun Wanwei rising more than 5%, and Perfect World, Youzu Interactive, and Giant Interactive following suit.
                        
09:58

                            The A-share gaming sector fluctuated and strengthened, with Shengtian Network rising more than 5%, Youzu Interactive rising more than 4%, and Perfect World, Kaiying Network, Kunlun Wanwei, and Giant Network following suit.
                        
17:44

                            ByteDance launches Top Seed big model top talent plan 2026 campus recruitment
                        
                            On April 27, ByteDance Seed officially launched the 2026 Top Seed Big Model Talent Campus Recruitment Plan. This year's Top Seed research topics include big language models, machine learning algorithms and systems, multimodal generation, multimodal understanding, speech and other directions, basically covering all areas of big model research. It is worth mentioning that this year's Top Seed emphasizes no restrictions on professional backgrounds, and pays more attention to research potential, hoping to find young researchers with strong technical beliefs and enthusiasm, excellent research capabilities, curiosity and drive.
                        
18:32

                            NetEase Games Global Investment and Cooperation President Zhu Yuan resigns
                        
                            On April 25, Simon Zhu, President of NetEase Games' Global Investment and Partnership Department, published a farewell letter on LinkedIn. In the letter, he said that after 12 years at NetEase Games, today was the end of his career and he had officially submitted his resignation.
                        
14:05

                            Ant Group's "Plan A" special project recruits the world's top AI talents to increase investment in the field of AGI
                        
                            On April 25, Ant Group announced the launch of the "Plan A" AI talent program, recruiting top AI master's and doctoral graduates from world-class universities to strengthen R&D investment in the field of AGI (general artificial intelligence). The first recruitment presentation was held at the ICLR 2025 Summit in Singapore. Ant Group CTO He Zhengyu said at the meeting that Ant will firmly invest in AGI technology and work with the industry to solve the problem of AI universal access. World-class problems require world-class talents. For top talents, we only have Plan A, not Plan B.
                        
11:39

                            Baidu releases multi-agent collaboration application "Xin Xiang"
                        
                            At Create 2025 Baidu AI Developer Conference, Baidu officially launched a multi-intelligent collaboration App, Xin Xiang. The product is now available on Android, and iOS is in the process of being launched. At present, the Xin Xiang App has launched more than 200 task types in ten major scenarios, including routine tasks, city tourism, AI blind dates, in-depth research, legal consultation, health consultation, smart charts, test question explanations, AI picture books, and game development. In the future, it is planned to expand the task types to more than 100,000. It is reported that the Xin Xiang App is a general super-intelligent product with "AI task completion engine" as its core, which helps users realize complex task decomposition, dynamic execution and visual result delivery through natural language interaction. In addition to the common external MCP tool calls, it also implements a multi-agent collaboration mechanism in professional scenarios such as health and law.
                        
08:32

                            GF Securities: Continue to focus on the business restructuring opportunities brought by AI to the media and Internet industries
                        
                            According to a research report by GF Securities, judging from the fund holdings in the media and internet sectors in the first quarter of 2025, the allocation ratio of public funds to the A-share media industry has increased month-on-month, and the under-allocation ratio of the media sector has narrowed slightly. Structurally, the fund allocation ratios of the game, internet, cinema, and animation sectors have increased, mainly due to the positive trend of the AI industry, the high year-on-year growth of the box office in the first quarter boosted confidence, and the stabilization of the policy environment. In addition, the market value concentration of the top five heavily-held stocks increased month-on-month. It is recommended to continue to pay attention to the business restructuring opportunities brought by AI to the media and internet industries, as well as companies with high-quality content and IP.
                        
08:26

                            Agency: The film market is expected to prosper again in 2025
                        
                            According to the Lighthouse Professional Edition, as of 19:21 on April 24, the total pre-sale box office (including preview) of the new films (including re-screening) in the May Day period in 2025 exceeded 10 million yuan, and the films "Dumpling Queen", "Hunting Gold Game", "A Red Start in Life", "The Vast Horizon is My Love" and "The Wind Kills" temporarily ranked in the top five. Guosen Securities believes that in the short term, the recovery of content supply is expected to promote the growth of the film market, and the medium- and long-term breakthroughs in AI technology and the combination with IP trendy toys are expected to promote the continued prosperity of the film industry. 1) The number of film filings will rebound from 2023 to 2024, and the industry will have rich content reserves. Considering the content production cycle, the domestic film content supply is expected to recover in 2025, which is expected to promote the continued recovery of the box office. At the same time, thanks to the characteristics of high operating leverage, the broadcasting channels are expected to usher in a better profit release period; 2) In the medium and long term, the content side is expected to benefit from the advancement of AI technology to reduce costs and improve efficiency; the channel side will benefit from the diversified business formats represented by trendy toys and the efficiency per square meter is expected to continue to improve.
                        
06:45

                            AI glasses become a new favorite among consumers, and listed companies are entering the market
                        
                            Since the beginning of this year, artificial intelligence (AI) glasses have rapidly moved from concept to reality and have become the new favorite in the consumer market. Faced with this highly prosperous track, many brands have made efforts and intensively released smart glasses-related products. Brands such as Rokid, Snap, Baidu, Thunderbird Innovation, and XREAL continue to innovate and bring consumers AI glasses products with diverse functions and novel designs. At the same time, companies such as Samsung, OPPO, Huawei, Tencent, and ByteDance are also actively deploying AI glasses projects in an attempt to seize the initiative in this emerging market. According to Wellsenn XR forecast data, artificial intelligence + augmented reality (AR) technology is expected to develop to a mature stage, and global AI glasses shipments are expected to grow to 80 million pairs in 2030.
                        
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