Today is Friday, April 2, 2021.

Not much to say, follow Tiger Sniff Zaobao to see what is worth paying attention to:

Bytedance’s latest valuation is close to US$400 billion

@forming technology [The latest valuation of ByteDance is close to US$400 billion] A source told the South China Morning Post that the parent company of TikTok, a short video application, consolidates its leading position among global technology unicorns For private equity investors, Bytedance’s latest valuation is close to US$400 billion.

The Ministry of Industry and Information Technology has recovered 329 telecommunications network code numbers involving companies such as Sohu, Xiaomi, China Merchants Bank, etc.

@ Peng Pai [Ministry of Industry and Information Technology has recovered 329 telecommunications network code numbers, involving Sohu, Xiaomi, China Merchants Bank, etc.] According to the official website of the Ministry of Industry and Information Technology, on the 1st, the Ministry of Industry and Information Technology issued a notice on the withdrawal of some telecommunications network code numbers. There are a total of 329 telecommunications network code numbers, involving many well-known companies such as Sohu, Xiaomi, Huatai Securities, and China Merchants Bank.

“Freud Case” multiple witnesses claimed that Freud was dead at the scene of the crime

@Peng Pai [Many witnesses in the “Floyd case” claim that Freud has died at the scene of the crime] On April 1, local time, the US “Floyd case” trial entered the fourth day. Witnesses said in court that they believed Freud was dead at the scene of the crime.

Medical nurse Derek Smith (Derek Smith) testified that after he arrived at the scene, he found 3 police officers pressed against him. When approached, he judged that Freud was dead. His pupils were also found during the on-site inspectionZoom in, and there is no heartbeat.

Medical nurse Seth Zachary Bravinder (Seth Zachary Bravinder) testified that after arriving at the scene, he found that Freud had stopped breathing, as if he had died. On the way to the hospital, Floyd Lloyd’s heart tester has shown no signs of survival.

In addition, Freud’s girlfriend Courteney Ross also testified in court and told the story between her and Freud. Ross said that Freud was diagnosed with new coronary pneumonia in late March 2020, and he was also hospitalized in 2020 due to an overdose of opioids.

The chief prosecutor Jerry Blackwell (Jerry Blackwell) stated that Freud did not die of overdose, while the defense lawyer stated that Freud ingested methamphetamine and fentanyl It may cause symptoms such as coronary heart disease, and eventually lead to damage to his heart.

The defense attorney for the Freud family said that people addicted to drugs should not be cruelly abused.

Floyd’s girlfriend Courtney Rose

Following some financial news:

Ministry of Commerce of China: The blockage of the Suez Canal affects the delivery of some companies, which will have a short-term impact on China’s foreign trade

@Reuters [Ministry of Commerce of China: The Suez Canal blockage affects the delivery of some companies and has a short-term impact on China’s foreign trade] China’s Ministry of Commerce spokesperson Gao Feng said on Thursday that the recent blockage of the Suez Canal affected some Chinese companies’ deliveries , Receiving goods, but the overall impact on China’s foreign trade is sudden, short-term, and partial.

He is in the Ministry of CommerceThe press conference pointed out that with the orderly navigation of the Suez Canal, routes between China and Europe are gradually returning to normal. In order to give full play to the role of logistics in safeguarding global trade, China will work with relevant departments to promote international cooperation in the field of logistics, work with other countries to smooth cross-border logistics, and ensure the stability of the global industrial chain supply chain.

The chairman of the Suez Canal Authority, Osama Rabie, said on Wednesday that the loss and damage caused by the blocking of the channel by the Long Grant container ship may be as high as 1 billion US dollars. “Damage and loss, as well as the cost of the dredger, will be calculated. Estimates. It will reach a little over 1 billion U.S. dollars.”

Energy Information Agency Wood Mackenzie: OPEC’s decision to gradually increase production will support oil prices

@Sina Finance [Energy Information Agency Wood Mackenzie: OPEC’s decision to gradually increase production will support oil prices] OPEC’s decision to gradually increase crude oil production will “support oil prices.” Earlier, oil-producing countries agreed to increase crude oil production by 350,000 barrels per day starting next month, and to further relax this restriction in the next three months. We expect that, driven by global inventories, the balance of supply and demand in the first and second quarters will tighten. At the same time, we predict that U.S. oil demand will show a strong recovery before the third quarter. In 2021, global oil demand will increase by 6.2 million barrels per day year-on-year.

Coinbase, the largest cryptocurrency exchange in the United States, plans to list directly within two weeks

@FIGURE.com [Coinbase, the largest cryptocurrency exchange in the United States, plans to list directly within two weeks] According to reports, Coinbase, the largest cryptocurrency exchange in the United States, plans to list directly around April 14. Coinbase is the largest cryptocurrency trading platform in the United States. The price range for transactions in the private equity market this year is US$200 to US$375. The average value from January to March 15 is US$343.58. Based on the latest total circulating equity calculation, the corresponding valuation At 67.6 billion U.S. dollars, the previous highest valuation once reached 90 billion U.S. dollars. The prospectus shows that in 2020, Coinbase’s total revenue was US$1.277 billion, an increase of 128% from the US$534 million in 2019; it achieved a net profit of US$322 million and a net loss of US$30.4 million in 2019. In other words, Coinbase just turned a profit last year.

LED chip production capacity is tight, and some orders are scheduled for the second half of the year

@FIGURE.com [LED chip production capacity is tight, and some orders are scheduled for the second half of the year] “We are temporarily not accepting orders for this product. It is estimated that it will be available in the second half of the year. Our orders have been scheduled to August.” The leading domestic LED chip One’s sales representative said in response to the inquiry message. “The production capacity of some products is really tight now.” Sanan Optoelectronics related person in charge said on April 1.

Swedish H&M lost more than RMB 1 billion in the first quarter of 2021

@ Peng Pai [Sweden H&M loses more than 1 billion yuan in the first quarter of 2021] The Swedish fashion company Henness-Mauritz (H&M) released the financial report that the company’s first fiscal quarter of 2021 is pre-tax A loss of 1.39 billion Swedish kronor (approximately 1.045 billion yuan).

Then look at the news about technology:

Facebook refuses to give in: Britain launches in-depth investigation into its acquisition of Giphy

@cnBeta [Facebook refuses to make concessions: the UK launches an in-depth investigation into its acquisition of Giphy] As Facebook refuses to make concessions, the UK antitrust regulator will launch an in-depth investigation into Facebook’s acquisition of Giphy. The UK Competition and Markets Authority (CMA) said today that it will launch a so-called “second phase” investigation into the transaction until September 15 this year.

New York mobile phone repair companies are trying to raise funds to allow consumers to directly vote for mobile phone repair rights

@cnBeta [New York mobile phone repairers try to raise funds to allow consumers to directly vote for mobile phone repair rights] New York mobile phone repair shop owner Louis Rossmann launched a crowdfunding campaign on his GoFundMe page. It also tried to raise $6 million to submit the “right to repair” initiative directly to voters for voting, and skip the state legislature.

ATM machines reduced by 80,000 units a year

@北京商报[80,000 reductions in a year, ATM machine retreat] ATM machines were once called the “most useful invention” in the banking industry, but under the impact of mobile payment, the aura of ATM machines has faded . In the whole year of 2020, the number of ATM machines has shrunk by more than 80,000 units, and the number of ATM machines per 10,000 people in the country has also dropped from 7.87 units in 2019 to 7.24 units. The general trend of onlineization and the loss of industry dividends have forced ATM machine manufacturers to transform and upgrade, but at present, the effect is not significant. For ATM machine manufacturers, dependence on offline business is still the biggest pain point, and deeper reforms are imminent.

Climate change has reduced global agricultural productivity by 21% since 1961

@cnBeta [Climate change has reduced global agricultural productivity by 21% since 1961] The University of Maryland (UMD), in collaboration with Cornell University and Stanford University, for the first time quantified the man-made impact of climate change on global agricultural productivity growth. In a new study published in “Nature Climate Change”, researchers have developed a powerful model of the impact of weather on productivity, examining productivity with and without climate change.

The results show that since 1961, global agricultural productivity has fallen by 21%. Researchers believe that this is equivalent to a total loss of productivity growth in the past 7 years. This work shows that global agriculture is becoming more and more vulnerable to the effects of continuous climate change, with warmer regions such as Africa, Latin America and the Caribbean being the most affected.

Finally, there are some news worth noting:

South Korea has proposed to the International Olympic Committee to co-host the 2032 Olympic Games with North Korea

@Reuters[South Korea has proposed to the International Olympic Committee to co-host the 2032 Olympic Games with North Korea] South Korea’s capital Seoul said on Thursday that it has submitted a proposal to the International Olympic Committee (IOC) to co-host the 2032 Olympic Games with North Korea’s Pyongyang, although Brisbane, Australia is in the leading position among the bidding cities.

The IOC has selected Brisbane as its preferred partner to host the 2032 Olympics.

South Korean President Moon Jae-in and North Korean leader Kim Jong-un agreed to jointly bid for the Olympic Games at a summit in Pyongyang in 2018. butSince 2019, the relationship between the two parties has deteriorated.

The U.S. Supreme Court supports the abolition of media ownership restrictions: Let broadcasters compete with the Internet

@cnBeta [U.S. Supreme Court Supports Repeal of Media Ownership Restrictions: Let Broadcasting Companies Compete with the Internet] The U.S. Supreme Court today overturned a lower court ruling that prevented the Federal Communications Commission (FCC) from repealing in 2017 Some media ownership regulations. Analysts said that this ruling by the US Supreme Court cleared the way for the FCC to lift local media ownership restrictions. Obviously, this ruling is a victory for broadcasters and may promote the integration of the industry as consumers increasingly turn to the Internet.

above That’s the entire content of today’s Tiger Sniff Zaobao, more news, see you later.