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Category: economics – Page 38

Every great company is born in a winter’: Jack Ma stuns Alibaba employees with memo calling for firm he co-founded to ‘correct its course

Jack Ma urged Alibaba Group Holding Ltd. to correct course in a surprise internal memo, in which the billionaire called for fundamental change across the company he co-founded decades ago.

Ma, who has mostly stayed away from day-to-day operations since 2020, stunned employees Wednesday by replying to a staff post on Alibaba’s internal forum. In his brief message, the entrepreneur praised decisions taken in recent years by rival PDD Holdings Inc. to wrest market share from China’s e-commerce leader. But Ma was convinced Alibaba will change and “correct its course,” he said in a post confirmed by people familiar with the forum.

Alibaba, once China’s best candidate to become a trillion-dollar company, is trading near its lowest value this year, at a fraction of its peak in 2020. The company is navigating turmoil both internally and externally, as a weaker-than-anticipated economic recovery and up-and-coming rivals such as PDD and ByteDance Ltd. undermine its once-dominant online retail business.

Chinese robot clones pigs with no human help

A robot that automates a common technique for animal cloning has been used to produce a litter of cloned pigs in China — with a much higher success rate than human scientists.

The challenge: China is both the world’s biggest producer of pork and its largest consumer, so having ideal breeding stock — animals that birthe large litters of quick-growing piglets — is important for the nation’s economy and food security.

However, in 2018 and 2019, an epidemic of deadly African swine fever wiped out almost 50% of China’s pig population. As a result, many farmers have had to import breeding pigs, and China is now eager for its pork industry to become almost entirely self-sufficient.

Tesla’s Optimus Robot: A Game-Changing Innovation for Society and the Economy

Tesla has unveiled Gen 2 of it’s Optimus Robot… and WOW, the progress in the past year has been incredible. Tesla is well on their way to commercializing a humanoid robot later this decade. This represents the biggest change in Tesla’s addressable market ever, as the potential sales from a humanoid robot to replace manual labor could be $25T. For long-term Tesla investors this is a must watch project. People thought Elon Musk was crazy when he told the world about this AI project… but it’s getting closer to reality by the day. What do you think? Are you going to buy an Optimus robot? Why? Tesla Optimus Announcement on X: https://twitter.com/Tesla_Optimus/status/1734756150137225501 My Twitter: https://twitter.com/gfilche My Instagram: https://instagram.com/gfilche HyperChange Patreon smile https://www.patreon.com/hyperchange Dislaimer: I own Tesla Stock.

Tesla’s Billion-Dollar Bot Business: Disrupting Industries and Economies with Cern Basher

Our guest today has updated his financial and business model for Tesla Bot Gen 2. With these new capabilities, what are the use cases and what’s the forecast for Tesla’s revenue and margins. Follow Cern on X: @CernBasher Website: BrilliantAdvice.net My website: https://www.herbertong.com Get Free TESLA Milestone Tables Check out 15+ modules of resources for the $TSLA Investor Join this channel or Patreon to get access to perks: Get free access to 15+ modules of TSLA investor resources Become a member: https://www.youtube.com/channel/UC4DBLlq1x0AKmip1QJUcbXg/join Join my Patreon: https://www.patreon.com/brighterwithherbert Use my referral link to buy a Tesla product: https://ts.la/herbert23392 ❤️ Thank you to everyone who supports me and this channel! I really do appreciate your likes, subscribes and comments. Let’s get brighter! Website: www.herbertong.

Power Play: How Electrochemistry Is Winning the Green Game

New research on electrochemical reactions highlights the critical role of electrolyte ions, aiding in the advancement of sustainable energy technologies.

Electrochemical reactions are central to the green transition. These reactions use the electric current and potential difference to carry out chemical reactions, which enables binding and realizing electric energy from chemical bonds. This chemistry is the basis for several applications, such as hydrogen technology, batteries, and various aspects of circular economy.

Developments and improvement in these technologies require detailed insight into the electrochemical reactions and different factors impacting them. Recent studies have shown that besides the electrode material also the used solvent, its acidity, and the used electrolyte ions crucially impact the efficiency of electrochemical reactions. Therefore, recent focus has shifted to studying how the electrochemical interfaces, i.e. the reaction environment at the electrode and the electrolyte interface shown in Figure 1, impact the outcome of electrochemical reactions.

Unstoppable Tesla: A Deep Dive into Investing with James InvestAnswers

This is the BEST and most complete deep dive on the financial models for Tesla’s 11 major business units! James from InvestAnswers comes with data and analysis of the seasonality of Tesla stock showing its volatile movement as it compares to the macro economy and the S and P 500. Together we adjust the assumptions and metrics in his dynamic financial model. Come join us! The spreadsheet used in the video will be made available to everyone once James finalizes it first James runs a very successful YouTube channel called InvestAnswers where he shares insights on financial freedom, real estate, crypto, stocks, and options.

Prepare Our Kids for Life, Not Standardized Tests | Ted Dintersmith | TEDxFargo

As a leading venture capitalist, Ted Dintersmith lived and breathed the world of innovation. He has seen first-hand how quickly automation is eliminating the structured jobs in our economy, as well as the opportunities for young adults who are bold, creative, and entrepreneurial. As Ted shifted his focus to the future of our schools, he realized that the core purpose of our schools has been lost in a wave of testing, data, and accountability. In this talk, Ted underscores the potential for our kids and our country if we educate to our innovative and creative strengths, and trust our schools and teachers to prepare our kids for life, instead of for standardized tests.

After a twenty-five year career in venture capital, Ted Dintersmith is now focused on issues at the intersection of innovation and education. In the fall of 2012, Ted served as part of the delegation representing the United States at the United Nations General Assembly, where he focused on global education and entrepreneurship. The first two films he executive produced – Most Likely To Succeed and The Hunting Ground – premiered at Sundance, 2015. His website http://www.edu21c.com describes his initiatives and he can be followed @dintersmith.

Ted is a Partner Emeritus with Charles River Ventures, a leading early-stage venture capital firm. Independent industry analysts ranked Ted as the top-performing venture capitalist in the United States for the 1995–99 period. Ted earned a Ph.D. in Engineering from Stanford University, and his undergraduate degree from the College of William and Mary, where he earned High Honors in Physics and English.

This talk was given at a TEDx event using the TED conference format but independently organized by a local community.

IBM & Meta Launch the AI Alliance for Safe, Open AI

In an era where artificial intelligence (AI) is reshaping the contours of technology, a groundbreaking initiative has emerged: the AI Alliance. The alliance is a consortium of leading organizations spanning various sectors — industry, academia, research, startups, and government–united in their commitment to fostering open innovation and open science in AI.

Created by IBM and Meta, the AI Alliance is a testament to the belief that open and transparent innovation is crucial for harnessing AI advancements in a way that prioritizes safety, diversity, and widespread economic opportunity.

At the heart of the AI Alliance’s mission is creating an open community that accelerates responsible AI innovation while ensuring scientific rigor and trust. The effort is action-oriented and distinctly international, reflecting the global nature of AI’s impact.

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