阿斯利康 图源：时代财经张羽岐摄 在被带走配合调查逾一年后，阿斯利康（AZN.US）中国区前"一号人物"王磊涉骗保和走私案又有新进展。 2月12日，据媒体消息，阿斯利康前全球执行副总裁、国际业务主席及中国区总裁王磊（Leon Wang）被中国官方正式提起公诉。目前，阿斯利康方面已 向媒体证实了针对王磊的起诉书内容。 市场消息显示，指控具体案由为非法进口药物、非法收集个人信息和医疗保险欺诈。 2月12日，时代财经就上述消息的真实性及公司是否有进一步信息披露等问题采访阿斯利康方面，截至发稿暂无任何回复。 在最新披露的年报中，阿斯利康也对外表示，2025年11月，深圳市检察院完成审查，阿斯利康中国、阿斯利康一名前执行副总裁和一名前高级员工因涉嫌 非法收集个人信息、非法贸易、医保欺诈，正面临正式刑事指控。 阿斯利康并未在年报中披露涉案人员的具体姓名，但经多家媒体证实，年报中"前执行副总裁"所指的正是王磊。 阿斯利康表示，这两名前员工将在深圳市中级人民法院受审，开庭日期暂未确定。 从传奇人物到阶下囚 从2024年10月底因涉案被调查开始，王磊，这位与阿斯利康中国区紧密捆绑的高管话题不断，属于他的时代也在风波中骤然落幕。 ...

你想过没上春晚的机器人厂商，在干什么吗？ 春晚，对于人形机器人而言，已经从简单地登台表演升维至一场典型的媒介事件。它通过高度集中、曝光的方式，把具身智能这一原本偏技术前沿的高冷 话题，迅速拉进了大众视野。在春晚舞台上，经过高压环境被验证技术可行的机器人，成为某种"已经到来"的象征意义。 这种媒介景观的力量是巨大的。它塑造了一段集体记忆，也在无形中设定了一条叙事路径：人形机器人与表演强绑定。 于是，当越来越多企业开始为下一次登台做准备时，一个更具产业意义的问题浮现出来：如果不站在聚光灯下，人形机器人还能走向哪里？ 从实际观察来看，"登不登春晚"正在成为一条隐约分化企业路径的分水岭。在春晚之外，一部分企业选择在舞台逻辑内深耕，通过更自由的展演形式释放 技术张力同时培养有IP属性的商业闭环；而另一部分，则干脆绕开表演叙事，把机器人直接放进真实世界，用持续运行来回答价值问题。 前者是像智元、众擎这类企业，开辟春晚舞台之外的自由场地，如智元2 月 8 日举办的"机器人奇妙夜"，第一次把机器人作为主体展现创造力，两百余台 机器人在自家舞台上孕育出一个专属机器人界的表演IP。以及众擎于2 月 9 日举办的"全球人形机器人自 ...

一开年，马斯克放出豪言：旗下脑机接口公司Neuralink将2026年大规模设备量产，引发全球股市上涨。 这边，被看作Neuralink最大对手的强脑科技，也迅速完成20亿元融资，并传出以保密形式递交港股IPO 申请。 而股民们最关心的A股，也没有被这股风口落下，即将迎来脑机接口第一股。 近日，脑机接口公司博睿康在上海证监局办理辅导备案登记，冲刺科创板上市。 博睿康核心团队来自清华大学，由红杉中国、百度风投等知名机构押注。 - 01 - 博睿康创始人胥红来生于1979年，本科、硕士、博士都就读于清华大学生物医学工程专业。硕博期间， 胥红来的导师是国际脑机接口学会唯一的国内理事高上凯。 2010 年，第一届中国脑机接口比赛上，胥红来看到，不管是高校代表队还是科研机构，手里的核心设 备清一色都是进口的。比赛结束后，中科院有位研究员给高上凯老师写了一封信。他在信中问，脑机接 口用到的设备全靠进口，以后还怎么产业化，成本又怎么降下来？ 2011年，胥红来拉上同系博士黄肖山创办博睿康。北京创业成本太高，团队把目光投向了常州 —— 这 里的科教城给政策、给孵化基金，连前期厂房都帮着协调。2011年11月，博睿康落地常州， ...

Core Insights - The rise of Seedance 2.0 in the AI video creation field is attributed to its "director's thinking," which emphasizes script-driven content, clear storyboarding, and precise pacing [1] - Vidu Q3, another domestic video generation model, has gained popularity in creator communities and has recently topped the global AI evaluation platform Artificial Analysis, becoming the number one video generation model worldwide [2][16] Group 1: Performance and Features - Vidu Q3 emphasizes "born for the script," integrating visuals, sound, and long-duration narratives into a single output, capable of generating a complete 16-second narrative segment with multi-character and multi-language dialogues [3][4] - Both Seedance 2.0 and Vidu Q3 exhibit strong emotional expression and pacing, enhancing the "watchability" of AI-generated videos, filling a significant gap in character portrayal in mainstream AI video models [7][19] - Vidu Q3 demonstrates high stability in character expression, particularly in key facial areas, and can present near-realistic emotional transitions, unlike traditional single-texture approaches [7] Group 2: Audio-Visual Integration - The audio-visual consistency is a critical factor in the quality of the final product, with Vidu Q3 showing high completion levels in sound and visual synchronization, making it suitable for short dramas, advertisements, and narrative videos [8][9] - Both models achieve strong immersion without noticeable audio-visual misalignment, allowing generated content to be immediately usable without additional sound processing [9] Group 3: Commercial Viability - The ability to capture attention in short content is often determined by the first and last few seconds, with both models excelling in visual impact and emotional closure at key narrative points [10][13] - Vidu Q3's opening frames create strong visual memory points, while Seedance 2.0 maintains stable pacing and visual quality, making both models suitable for commercial dissemination [13][14] Group 4: Creative Control and Differentiation - The controllability of AI video tools is crucial, with Seedance 2.0 focusing on rhythm and action, while Vidu Q3 offers more balanced stability and allows detailed adjustments in effects, pacing, and character stability [14][15] - The differentiation between the two models represents a choice between efficiency and stylistic control, catering to various creators' needs [15] Group 5: Global Positioning of Domestic Models - Chinese models are surpassing international standards in video generation, with Seedance 2.0 and Vidu Q3 representing significant advancements in creative scheduling and high-quality output [16][18] - Vidu Q3 ranks first globally in commercial content generation models, being ten times faster than OpenAI's Sora 2 and twice as fast as Google’s Veo 3 Fast and Grok-imagine-video [16][18] - The emergence of these domestic AI video models marks a collective breakthrough, indicating a shift in the global landscape of AI video technology [19]

AI对话工具开始变得更像一个新型电商平台，尽管短时间内还未能看到成规模的出单迹象，但已经开始在一定程度上改变用户过往的购物路径。Adobe数 据显示，在2025年假日购物季期间，从AI推荐引流至零售商渠道的流量同比增长近700%。有机构预估，到2030年，AI代理可能会影响15%-25%的电商销 售额。 与此同时，传统电商平台似乎开始警惕了。亚马逊、eBay等，接连出手禁止AI代理爬取并推荐平台上的商品（注：目前eBay唯一接入了ChatGPT），关起 门做自己的站内AI购物助手，势要守住现有流量。 继上一次出现"独立站 vs 第三方平台"的路线分野后，跨境电商行业似乎又走到了一个分水岭：以ChatGPT和Gemini为代表的AI对话工具，和以亚马逊、 eBay为代表的传统电商平台，或许将在AI电商时代迎来一场新的流量入口大战。 AI入口大战的开端："开放网络"对决"围墙花园" 围绕AI购物，主流玩家们呈现出迥然不同的倾向：一方走向彻底开放；一方则是先筑起围墙，观望后再下手。 前者以OpenAI和Google为代表，选择拥抱所有生态，能够跨平台、跨渠道地接入商品信息与购物场景，通过自然语言交互、智能推荐等方式 ...

Core Insights - The article highlights the significant impact of AI in consumer interactions during the 2026 Spring Festival, with a record of 1.2 billion orders processed by AI, marking a milestone in AI's real-world application and commercialization [3][4][9] Group 1: AI Performance and User Engagement - The AI system "Qianwen" achieved 1.2 billion completed orders in just six days, demonstrating a successful execution of AI in real-world tasks [2][3] - Daily active users of Qianwen surged to 73.52 million, nearly matching the industry leader, indicating a strong user engagement [2] - Nearly half of the orders came from county-level cities, and 1.56 million users aged 60 and above experienced ordering through AI for the first time, showcasing a broadening user base [6][8] Group 2: Technological Advancements and Ecosystem Integration - Qianwen successfully integrated the entire process from AI model to ecosystem, payment, and fulfillment, creating a positive feedback loop [5][6] - The underlying technology includes the "Zhenwu 810E" chip and a robust cloud computing infrastructure, enabling efficient handling of high order volumes [8] - Alibaba's extensive experience in e-commerce and logistics supports Qianwen's backend capabilities, enhancing its service offerings in various sectors [8] Group 3: Competitive Landscape and Future Implications - The current AI competition has shifted focus from model parameters to building executable and scalable task-oriented ecosystems, with Qianwen leading this transition [5][9] - The successful implementation of Qianwen during a high-traffic consumer period may redefine user interaction with AI, potentially establishing new habits in AI-assisted shopping and daily life [7][9] - As global competitors like Google test new features, Alibaba's Qianwen has already demonstrated a practical application of AI in consumer markets, positioning China at the forefront of AI model validation [9]

万店潮、价格战、疯狂内卷后，餐饮市场迈入"正规军"时代。 冯敏也说，价格竞争还会持续，甚至更加激烈。但她指出，单纯"杀价"的有效性正在下降。这一逻辑不难理解，孙嘉伟表示，价格战一定会延续，因为降 价是最简单的事情，简单的事情一定会有人做。罗清作了更具体的补充，找准了新经营策略的品牌会逐渐脱离价格战，而那些还没找到答案的品牌，只能 继续卷价格。 即便市场如此多变、内卷，但仍有品牌找到机会，在裂隙中长出生意机会。大龙燚火锅爆改门店，民谣酒馆店、旷野风店生意红火。黑手制面开一家火一 家，黑手制面联合创始人仇姜帆认为，西餐是一个有溢价优势、竞争不充分的品类，做意面有机会。抓住性价比、漂亮饭、日式风味和健康饮食的机会， 米仓食堂开店速度几乎翻倍。 没有太多秘密。在这些取得成绩的品牌创始人看来，餐饮市场正在从单一维度的口味竞争，转向多维度的综合能力竞争，提升组织专业能力、深耕顾客需 求并为其创造价值，是餐饮品牌拿到下一个周期入场券的不二之选。 2025年的餐饮市场也许称不上最难，但一定足够多变。蛙来哒创始人罗清说，消费者的预期、需求、外出消费的频次、消费的预算都发生了很大的变化， 餐饮经营的底层逻辑也发生了巨大的变化。 ...

Core Viewpoint - The company LeMo Technology, which operates shared massage chairs under the brand LeMo Bar, successfully went public on the Hong Kong Stock Exchange in 2025, despite facing skepticism about the cleanliness and utility of its services. The business model shows potential with a transaction volume of 1.162 billion RMB in 2024 and a customer repurchase rate of nearly 40%, yet the stock performance has been disappointing, dropping from 64.8 HKD to around 20 HKD post-IPO [1][25]. Financial Performance - In 2024, LeMo Bar's total transaction volume reached 1.162 billion RMB, with an average customer spending of 14.41 RMB per session, indicating over 80.63 million users utilized the service throughout the year [1][4]. - The company reported a gross margin of 40%, but the stock market has not responded positively, raising questions about the sustainability of its business model [1][25]. Business Model and Operations - LeMo Bar operates 490,564 massage devices as of December 2024, with massage mats making up 80% of the total, primarily located in cinemas. However, the average daily transaction volume in cinemas is only 0.11, suggesting that most devices are underutilized [3][4]. - The company has a high dependency on location, with rental costs constituting a significant portion of operational expenses, reaching 352.37 million RMB in 2024, which is 69.08% of total sales costs [27][28]. Market Dynamics - The majority of revenue comes from a small number of locations, particularly commercial complexes and airports, which contribute significantly to the overall transaction volume. For instance, airport locations generate an annual revenue of 31,500 RMB per device, nearly 3.5 times that of commercial locations [6][20]. - The cinema locations have become a liability for revenue generation, as the existing seating already meets consumer needs for comfort, leading to low usage of massage chairs in these venues [6][9]. Consumer Insights - The primary appeal of LeMo Bar's services lies not in the massage experience but in providing a quick and low-cost solution for urban dwellers seeking a moment of rest in busy public spaces. This need for a "charging" experience is more pronounced in commercial areas and transport hubs than in cinemas [10][20]. - The company has adapted its product offerings to better meet consumer needs, introducing innovative designs like the "Energy Egg" to enhance privacy and comfort in public settings [23][24]. Challenges and Risks - Despite high gross margins and user engagement, the company faces significant challenges, including high rental costs, heavy asset depreciation, and a lack of competitive barriers in the shared massage chair market. These factors contribute to a lack of confidence from investors [25][27][29][31]. - The company has yet to establish a strong brand identity, which is crucial for customer loyalty in a market where users often choose based on convenience rather than brand preference [32].

对于手机"磁吸充电"的爱好者来说，他们很可能又将被背刺一回。 近日有外媒分析了据称是三星Galaxy S26系列机型的官方保护壳渲染图后，认为三星这一新旗舰的官方保 护壳同时提供了带有磁环和不带磁环两种版本。 但问题在于，如果手机本身（机身内）自带磁体，那么官方就不应该推出不带磁环的保护壳（因为这会令 磁吸失效）。因此从这个细节他们推测，三星Galaxy S26系列机型很可能并没有内置磁体。也就是说，与 迄今为止的其他安卓手机一样，都需要用户另外购买"磁吸壳"，才能使用磁吸充电功能。 那么问题就来了，为什么安卓阵营的手机厂商，会对集成在机身内部、自带磁体的"真·磁吸充电"设计，积 极性如此不足呢？ 磁吸快充确有"公版"标准，但却可能是个坑 提到智能手机上的磁吸方案，苹果的MagSafe磁吸生态注定就是个绕不过去的话题，那么这是不是因为苹 果已经有专利在先，所以导致安卓厂商的技术创新受阻了呢？是，但也不完全是。 这是什么意思呢？简单来说，就是安卓厂商可以用"苹果无线充"的绝大部分设计，但唯独在磁体的排布上 不能"照抄"，否则就会构成对苹果的侵权。可是在磁体设计"必须原创"的基础上，最后实现的固定效果又 必须要与 ...

Core Insights - The generative video model Seedance 2.0 from ByteDance is rapidly gaining popularity in overseas markets, with notable attention from Elon Musk, who commented on its fast development on social media [1][7]. Product Launch and Features - ByteDance has officially launched Seedance 2.0, integrating it with Doubao and Jimeng products, and has opened the Huoshan Ark experience center for user trials [5][8]. - The model emphasizes capabilities such as original sound and image synchronization, multi-camera long narratives, and multi-modal controllable generation, targeting a broader range of creators and commercial content scenarios [5][9]. Market Reception and Expectations - The combination of high exposure, rapid productization, and continuous iteration has heightened expectations for accelerated competition in the video generation sector [6]. - Musk's endorsement has expanded the model's visibility beyond the tech community to a wider audience interested in technology investments and products [7]. Technical Capabilities - Seedance 2.0 supports multi-modal input, including text, images, audio, and video, and features original sound synchronization with multi-track output [11]. - The model can automatically parse narrative logic for multi-camera long storytelling while maintaining consistency in characters, lighting, style, and atmosphere [11]. Limitations and Future Improvements - ByteDance acknowledges that Seedance 2.0 is "far from perfect," with areas for improvement including detail stability, multi-character matching, and text restoration accuracy [10]. - The company is committed to exploring deeper alignment between large models and human feedback to enhance the product [10]. Compliance and Usage Boundaries - The model currently restricts the use of real human images or videos as reference subjects, requiring verification or authorization for such use, which may impact certain commercial production and distribution processes [14]. Upcoming Developments - ByteDance plans to release significant upgrades to its models, including Seedance 2.0, on February 14, 2026, with expectations of enhanced foundational model capabilities and enterprise-level agent functionalities [15].