Nvidia's market value briefly exceeded $2 trillion
On the evening of February 23rd Beijing time, NVIDIA's US stock market opened up more than 3%, with a stock price exceeding $800 and a total market value breaking through $2 trillion at one point. Later, it fell more than 1% during trading and closed at $788, with the latest market value reaching $1.97 trillion.
Wall Street is currently very optimistic that Nvidia will break through the $2 trillion mark in the future and become the third technology company in the world to exceed $2 trillion. It took over two years for Apple and Microsoft to grow their market capitalization from $1 trillion to $2 trillion, but with the wave of generative artificial intelligence computing power, Nvidia may not be able to achieve this goal in a year.
Google pauses Gemini AI model portrait generation function
On February 22, Google announced on social media platform X (formerly Twitter) that it is working to address the recent issues with the Gemini AI model image generation function. During this process, Google will pause the generation of character images and will soon release an improved version.
The recently released Gemini 1.5 version by Google displays images of white historical figures such as Vikings and British kings as black and yellow. On this issue, netizens fiercely criticized Google's excessive pursuit of "racial diversity" and political correctness, and Musk also joined in the criticism. On February 21st, Google apologized for discovering inaccuracies in certain historical image generation descriptions of the Gemini model.
IDC estimates that global smartphone shipments will reach 1.2 billion units in 2024
On February 24th, IDC recently released a market research report, estimating that global smartphone shipments will reach 1.2 billion units in 2024, a year-on-year increase of 2.8%, and then maintain a low single digit growth until 2028.
IDC believes that the overall shipment of smart phones in 2024 will still be lower than the level before the COVID-19 pandemic, but the global smart phone market has gone out of the trough and started to show a recovery and upward trend.
IDC believes that two key factors driving the overall market recovery are the equipment update cycle and the growth of demand in emerging markets.
Folding screens and AI smartphones will be the two driving forces in driving the growth of demand in emerging markets. IDC estimates that the shipment volume of foldable screen smartphones will reach 25 million units in 2024, a year-on-year increase of 37%; The shipment volume of the next generation AI smartphones will reach 170 million units, accounting for nearly 15% of the entire smartphone market and even surpassing that of artificial intelligence personal computers.
Baidu Mobile Ecological Organization Adjustment
On February 24th, according to a report by 36Kr, Baidu's MEG (Mobile Ecological Business Group) has recently completed a new round of organizational adjustment: Baidu Wenku Business Unit has been upgraded to BU (Business Unit), and Baidu Vice President Wang Ying will continue to serve as the head of Wenku BU. Baidu Vice President Zhao Shiqi returned from Huawei and became the head of the search platform. The heads of various search directions turned to Zhao Shiqi for reporting.
The business operation department, hotspot operation department, content ecological operation management department, artificial intelligence creative product department and other departments of Baijiahao have been merged into the information distribution platform. The relevant business leaders report to Li Xiaowan, the general manager of Baidu APP. Former General Manager of Baidu Content Ecology Platform, Song Jian, resigned before the end of the year.
At present, Baidu has not responded to the above message.
"Delivery guys" and ride hailing drivers will be included in the minimum wage guarantee
According to the website of the Ministry of Human Resources and Social Security on February 23, the Ministry of Human Resources and Social Security has formulated and issued the "Guidelines for the Protection of Rest and Labor Remuneration Rights and Interests of Workers in New Forms of Employment", "Guidelines for the Publicity of Labor Rules for Workers in New Forms of Employment", and "Guidelines for the Protection of the Rights and Interests of Workers in New Forms of Employment". It is understood that one of the biggest changes brought about by the new regulations is to include new forms of employment such as online delivery, transportation, and domestic services into the minimum wage guarantee.
According to the new regulations, relevant institutions need to reasonably determine the minimum hourly wage standard, the longest continuous order taking time, and the longest daily working time for workers in the new employment form.
For example, when delivery drivers and ride hailing drivers reach their maximum daily working hours, the platform system should push rest reminders and stop pushing orders for a certain period of time to ensure that workers receive necessary rest time and prevent excessive labor. In addition, these new forms of employment require workers to receive remuneration higher than normal working hours during statutory holidays, and must ensure timely and sufficient payment.