反内卷的企业文化 硅谷的城镇看起来像安静的郊区，但是，在21世纪，这里成为全世界资本主义价值创造的中心。相比于其 他地方，硅谷拥有更多的快速成长、改变世界的创新型企业。 对于这样引人注目的成就，标准的解释是，硅谷是美国科技行业的核心。但是，我的解释不强调所谓的科 技行业的发展，而是将重点放在极客企业文化的兴起上。近期的研究表明，存在一种独特的极客企业文 化，其特征是放权力度大，员工自主性强；此外，它还鼓励创新，提升敏捷性和执行力。 无论你是极客公司的仰慕者、敌对者还是竞争者，花时间去了解它们如何变得如此具有优势，对你来说都 是有价值的。我的观点很简单：他们创建的文化对其获得成功具有至关重要的推动作用。 人们希望在健康的环境里工作，而现在我们知道如何创造这样的环境，这要归功于两个截然不同的群体： 新近出现的极客企业创始人和领导者群体，还有提出各种关于人类行为和文化进化的问题并予以解答的科 学家群体。 每一家公司都要面对若干相同的根本性取舍问题，包括：是给予员工自主性，还是建立体系架构和标准流 程；是相信数据、试验和算法，还是依赖直觉、经验和判断；是快速行动，还是有条不紊；是接受争论和 异议，还是重视和睦与共识； ...

1.东方甄选将在京开首家旗舰店，直播机构扩张线下 东方甄选CEO、新东方集团董事长俞敏洪构想的东方甄选全国百家门店，将迈出第一步。12月3日，记者发 现，东方甄选正以1.5万—3万元薪资招聘北京首家旗舰店的店长，优先有"餐饮+零售"复合业态管理经验的 人才。据了解，这家旗舰店位于北京中关村，面积在400平方米左右，除了生鲜、零食、日百等便利店商 品，还涵盖简餐和咖啡饮品区。 点评：线上巨头布局线下，流量变现探索新版图。 7.微软下调AI软件销售指标，因企业客户对新产品反应冷淡 2.摩尔线程：12月5日在科创板上市 12月3日，摩尔线程公告，经上海证券交易所审核同意，摩尔线程智能科技（北京）股份有限公司发行的人 民币普通股股票将于2025年12月5日在上海证券交易所科创板上市。 3.抖音电商调整"超级福袋"规则，奖品信息禁用"随机发""奖品盲盒"等表述 12月3日，抖音电商安全与信任中心发布公告，宣布"超级福袋"规则升级。抖音电商表示，近期在日常巡查 中发现，少数商家和达人在使用"超级福袋"功能时，存在奖品信息不明确、奖品描述与实际不符、奖品随机 发放等违规行为。 4.麦当劳以3800万港元出售香港慈云山一家门 ...

外卖大战没有绝对赢家 | | | 截至9月30日止三個月 | | | 截至9月30日止六個月 | | | --- | --- | --- | --- | --- | --- | --- | | | 2024 | 2025 | | 2024 | 2025 | | | | 人民幣 | 人民幣 | 美元 | 人民幣 | 人民幣 | 美元 | | | | (以百萬計) | | | (以百萬計) | | | 經營活動產生的現金流量淨額 | 31.438 | 10.099 | 1.419 | 65.074 | 30.771 | 4.322 | | 投資活動產生(所用)的現金流量淨 | | | | | | | | 額 | 964 | (69,652) | (9.784) | (34.865) | (51.324) | (7,209) | | 融資活動(所用)產生的現金流量淨 | | | | | | | | 額 | (66,782) | 10.902 | 1.531 | (86,364) | 8.171 | 1.148 | | 匯率參動對現金及現金等價物、受限 | | | | | | | | 制現金及應收託管資金的影響 | ...

Core Viewpoint - The article discusses the dramatic loss of $15 billion in wealth by Nicolas Piesch, the fifth-generation heir of Hermès, due to a long-term betrayal by his trusted financial advisor, Eric Freymond, highlighting the vulnerabilities of relying on personal trust in financial management in a complex modern financial landscape [2][4][6]. Group 1: The Betrayal - Nicolas Piesch, once a billionaire with a net worth of $15.6 billion, now finds himself in a precarious financial situation, relying on budget airlines for travel [2][4]. - The betrayal was orchestrated by Eric Freymond, who managed Piesch's wealth and personal affairs for over 25 years, exploiting the trust placed in him [4][6]. - The loss of wealth began during a critical period when LVMH was secretly acquiring shares of Hermès, raising questions about the timing of the financial mismanagement [6][24]. Group 2: The Mechanism of the Fraud - Freymond's strategy involved becoming an indispensable "shadow" to Piesch, managing not only his finances but also his daily life, leading to Piesch's dependency and loss of oversight [9][10]. - He isolated Piesch from external influences, instilling fears about family members wanting to take his shares, which further entrenched Piesch's reliance on Freymond [9][10]. - The pivotal moment came when Piesch was persuaded to convert his Hermès shares into bearer shares and transfer them to Switzerland, allowing for untraceable ownership transfers [10][12]. Group 3: The Aftermath and Broader Implications - A small oversight in 2022 revealed the extent of the fraud, leading to a comprehensive audit that uncovered the majority of Piesch's shares had been sold off by 2021, coinciding with LVMH's acquisition efforts [12][24]. - Freymond's subsequent death, ruled as a suicide, left many questions unanswered and complicated the recovery of the lost assets [14][24]. - The case illustrates the dangers of relying on personal trust in financial matters, emphasizing the need for institutional safeguards and transparency in wealth management [22][28]. Group 4: The Context of Wealth Management - Piesch's situation reflects a broader issue within wealthy families, where traditional trust-based systems may fail in the face of modern financial complexities [16][22]. - The Hermès family had previously taken steps to protect their collective wealth from external threats, but individual members like Piesch remained vulnerable due to a lack of oversight and modern financial literacy [20][22]. - The article concludes with a warning about the internal threats to wealth, suggesting that the most dangerous attacks often come from within rather than from external forces [28][32].

Core Viewpoint - The recent export control on artificial diamond powder by China is a strategic move aimed at countering U.S. dominance in the semiconductor industry, highlighting the increasing tensions in U.S.-China relations [2][4][24]. Group 1: Export Control Announcement - China's Ministry of Commerce and General Administration of Customs announced that artificial diamond powder with an average particle size of ≤50 microns will be subject to export controls, effective November 8 [2][24]. - This regulation directly targets the U.S. semiconductor industry, which relies heavily on Chinese diamond materials, with over 70% of chip-grade diamond raw materials imported from China [4][24]. Group 2: Importance of Diamond in Technology - Diamonds, known for their exceptional hardness and thermal conductivity, are critical in various high-tech applications, including semiconductor manufacturing and precision processing [6][9]. - The thermal conductivity of diamond is reported to be 2000 W/(m·K), significantly higher than that of copper and silicon, making it essential for advanced chip cooling solutions [8][9]. Group 3: China's Dominance in Diamond Production - China has emerged as the global leader in the diamond industry, with a production capacity that far exceeds that of developed countries, capturing 80% of the global diamond powder market [13][20]. - The city of Zhecheng in Henan Province has developed a complete industrial chain for diamond production, producing 10 million carats of cultivated diamonds annually [20][22]. Group 4: Strategic Implications of Export Controls - The export control on diamond powder is part of a broader strategy by China to leverage its material advantages in high-tech industries, similar to previous controls on rare earth elements [24][26]. - The regulation allows for civilian use while restricting military and semiconductor applications, effectively maintaining a balance between global supply and national security [24][26].

Group 1: Automotive Industry - In October 2025, the total import and export value of automotive goods reached $25.31 billion, a year-on-year increase of 9.5% [2] - The import value was $3.68 billion, a month-on-month decrease of 4.6% and a year-on-year decrease of 17.5% [2] - The export value was $21.63 billion, a month-on-month increase of 2.9% and a year-on-year increase of 15.9% [2] - From January to October 2025, the cumulative total import and export value was $232.08 billion, remaining stable compared to the previous year [2] Group 2: Technology and AI - TSMC Chairman Wei Zhejia is expected to attend the OIP forum in Nanjing on December 4, 2025, and will visit several chip design companies [3] - South Korean AI startup Upstage plans to conduct an IPO as early as the second half of 2026 [4] - Australia has launched a national AI plan focusing on three main goals: seizing opportunities, sharing benefits, and ensuring safety [9] - Grayscale Research predicts Bitcoin may reach a historical high in 2026, challenging the traditional four-year cycle theory [10] Group 3: Logistics and Trade - Guangzhou Port expects a 14.7% year-on-year increase in container throughput in November 2025, reaching 2.399 million TEUs [5] - The total cargo throughput is projected to be 50.854 million tons, a year-on-year increase of 3.9% [5] Group 4: Corporate Developments - Canon announced the cessation of operations at its printer factory in Zhongshan, Guangdong, due to market challenges and competition [6][7] - Goldman Sachs raised the target price for Alibaba Health to HKD 5.2, citing structural benefits in the industry [8] - Wuliangye Group has invested in Sichuan Airlines Group, increasing its registered capital from 417 million to 1.219 billion yuan [11] Group 5: Economic Performance - Qingdao's GDP is expected to exceed 1.7 trillion yuan in 2025, with an average annual growth rate of 5.9% [13] - The city's per capita GDP is projected to rise from 127,000 yuan in 2020 to 161,000 yuan in 2024, a cumulative increase of 21.3% [13][14]

Core Viewpoint - The article reflects on the life and contributions of Yang Zhenning, emphasizing his scientific achievements, deep sense of national pride, and the impact of his upbringing on his character and academic pursuits [2][6][39]. Group 1: Life and Legacy - Yang Zhenning passed away on October 18, 2025, at the age of 103, marking the end of an era for modern physics [2]. - He is recognized not only for his scientific contributions but also for his role in changing the perception of Chinese people in the global scientific community [6][39]. - The book "Returning Still a Youth: The Biography of Yang Zhenning" is highlighted as a warm tribute to his life and legacy, authorized by his office and featuring rare images and historical materials [2][4]. Group 2: Family Influence - Yang Zhenning's upbringing in a culturally rich environment at Tsinghua University and the influence of his parents played a crucial role in shaping his character and academic style [10][19]. - His father, Yang Wuzhi, emphasized a patient and well-rounded education, while his mother, Luo Menghua, instilled resilience and a strong work ethic [19][21]. - The concept of "permeation learning," which Yang Zhenning later advocated, was rooted in his early experiences with his father's teaching methods [26][36]. Group 3: Scientific Contributions - Yang Zhenning's significant scientific achievements include the Yang-Mills theory and the concept of parity violation, which have become foundational in modern physics [6][39]. - His collaborative spirit and emphasis on discussion with peers were pivotal in his academic journey, as he believed that such interactions fostered deeper understanding and innovation [33][36]. - The article underscores that his scientific journey was not just about individual accolades but also about contributing to the collective advancement of Chinese science [8][39].

Core Viewpoint - The article discusses the explosive popularity of "Nai Pi Zi Tang Hu Lu" (milk skin candied hawthorn) and its impact on the market, highlighting its rapid rise in social media presence and sales, as well as the broader trend of incorporating the "nai pi zi" element into various food and beverage products [4][5][9]. Group 1: Market Trends - The order volume for candied hawthorn has increased over three times month-on-month in October, with "Nai Pi Zi Tang Hu Lu" orders growing by 109% [4]. - Social media mentions of "Nai Pi Zi Tang Hu Lu" surged, with voice volume increasing by 1127% and 3923% in October and November respectively [8]. - The "nai pi zi" element has been integrated into various products, including drinks and desserts, leading to a trend where "everything can be paired with nai pi zi" [9][12]. Group 2: Historical Context - "Nai Pi Zi Tang Hu Lu" first gained attention in late 2024 in Baotou, Inner Mongolia, before spreading to other regions [6]. - The traditional "nai pi zi" is a dairy product with a long history among nomadic peoples in northern and northwestern China, dating back over 2000 years [8]. Group 3: Product Development - Various brands have launched products featuring "nai pi zi," including yogurt and desserts, with notable sales performance [12][13]. - The popularity of "nai pi zi" has led to the creation of new products like "nai pi zi mousse cake" and "nai pi zi latte," indicating a trend towards innovation in the food industry [13]. Group 4: Consumer Reception - Consumer feedback on "nai pi zi" products is mixed, with some praising the taste of "nai pi zi yogurt" while others criticize the flavor of "nai pi zi latte" [21]. - The pricing of "Nai Pi Zi Tang Hu Lu" has raised concerns, with some consumers labeling it as a "price assassin" due to high costs compared to traditional options [19]. Group 5: Future Outlook - The article raises questions about the sustainability of "nai pi zi" as a long-term trend, comparing it to the "egg tart effect," where initial popularity may not translate into lasting market presence [22].

今年的电影院再次出现了排队盛况。 11月26日，《疯狂动物城2》上映当天，全国各地的影院检票口前开始排起长队，开场前一刻钟，影厅已座无虚席。 这部让观众等待了九年的续作，预售票房突破3.3亿元，刷新了中国影史动画电影的预售纪录。更有AI预测其内地总票房有望冲击38.22亿元，截止写稿前最新的票 房是破20亿。 影片构建的动物城层次丰富、细节逼真：撒哈拉广场的沙漠风情、冻土城的冰川奇观、雨林区的繁茂生态，每个区域的建筑风格、气候环境甚至光线质感都经过 精心设计。关于这一点，笔者在观影的时候也充分感受到了，如果座椅能有动效的话，不亚于在迪士尼玩一场娱乐项目。 4D版《疯狂动物城2》更是一票难求。在社交平台上，很多人将《疯狂动物城2》4D版观影体验比作2小时"热力追踪"项目。在购票平台，不少影院的4D《疯狂动 物城2》中心位置基本都已售罄，拥有三面屏的ULTRA 4DX厅更是场场满座。 技术上够能打， 在剧情上，《疯狂动物城2》也值得一讲。 《疯狂动物城2》的成功并非偶然。2016年，第一部《疯狂动物城》在中国拿下15.4亿元票房，豆瓣评分高达9.2分，成为一代观众的集体记忆。 九年过去了，这部续集为何还能再次点燃 ...

1.奇瑞汽车：集团五大品牌11月总销量同比减少约2% 12月1日，奇瑞汽车在港交所公告，集团于2025年11月的五大品牌总销量为255,809辆汽车，较去年同期减少 约2%。 2.曾毓群回应宁德时代基层员工涨薪：没错 据21世纪经济报道，12月1日，"宁德时代发布涨薪通知"的词条迅速冲上微博热搜首位，引发大量网友关 注。宁德时代通知称，为更好地吸引和保留新老员工，不断地提升工作效率和产品品质，以增强公司竞争 力，经公司管理层决定，2026年1月1日起对1~6职级员工进行薪资调整，基本工资上调150元，其他薪资结 构及标准不变。据了解，此次宁德时代涨薪涉及的员工职级为基层员工。据中国企业家杂志报道，记者就 此事向宁德时代创始人、董事长曾毓群求证，曾毓群回应称"没错"。 点评：成本与人心博弈，涨薪留人显战略远见。 3.英伟达与新思科技扩大合作，投资20亿美元购买后者普通股 12月1日，英伟达与新思科技宣布扩大合作，将整合英伟达在人工智能和加速计算方面的优势，以及新思科 技的工程解决方案，帮助研发团队以更高精度、更快速度和更低成本设计并验证智能产品。此外，英伟达 宣布投资20亿美元购买新思科技普通股。 8.Stra ...