Core Insights - Meta Platforms plans to utilize artificial intelligence for advertisement creation and targeting by the end of 2026, aligning with CEO Mark Zuckerberg's vision for the company's future, where advertising remains the primary revenue source [1] Group 1: AI Advertising Development - The initiative is expected to benefit small- to medium-sized businesses (SMBs), which constitute a significant portion of Meta's advertisers and often lack resources for extensive ad creation [2] - Larger retail brands have shown caution about giving more control to Meta, expressing concerns that AI-generated content may not consistently match the quality or aesthetic of human-made campaigns [3] - The new AI tools will expand Meta's offerings, allowing brands to create advertising concepts from scratch rather than just generating variations of existing ads [4] Group 2: Proposed Workflow and Features - The proposed workflow involves brands providing a product image and budget, after which the AI system generates a complete ad, including imagery, video, and text, while also determining optimal targeting for Facebook and Instagram users [5] - Meta plans to incorporate AI-powered personalization, enabling users to see different versions of the same ad in real time based on factors like geolocation [5] Group 3: Competitive Landscape and Internal Changes - The AI-driven content creation space is competitive, with companies like Google releasing tools for video generation, and many brands using third-party tools for ad content creation [6] - Meta's move into AI ad generation follows a reorganization of its AI team, splitting it into two groups to streamline operations and clarify responsibilities, amid challenges in attracting top AI talent [7]

Core Points - Google has agreed to spend $500 million over 10 years to overhaul its compliance structure as part of a settlement for shareholder litigation alleging antitrust violations [1][4] - The settlement requires approval from US District Judge Rita Lin in San Francisco [1] - The changes include establishing a standalone board committee for risk and compliance, which was previously managed by the audit and compliance committee of Alphabet's board [3][4] Compliance Overhaul - Alphabet will create a senior vice president-level committee to address regulatory and compliance issues, reporting directly to CEO Sundar Pichai [4] - A compliance committee will be formed consisting of Google product team managers and internal compliance experts [4] - The reforms are described as a comprehensive overhaul of Alphabet's compliance function, aiming for a deeply rooted culture change [5] Legal Context - Shareholders, led by two Michigan pension funds, accused Google executives of breaching fiduciary duties by exposing the company to antitrust liabilities in various business areas [4][6] - The settlement is noted as one of the largest by a company to fund regulatory compliance committees [5][9] - Shareholders' lawyers plan to seek up to $80 million for legal fees and expenses in addition to the $500 million settlement [8] Ongoing Legal Issues - The settlement was disclosed on the same day a hearing was held regarding Google's violation of federal antitrust law to maintain its dominance in search [7] - The Justice Department has proposed significant measures, including requiring Google to sell its Chrome browser and share search data with rivals [7]

Investment Rating - The report does not explicitly provide an investment rating for the industry Core Insights - The report highlights a more optimistic outlook on US-China tariff negotiations, with expectations that the 20% fentanyl-related tariff could be removed and a deal may be reached by November [25][55] - China's policy direction is clear, focusing on proactive domestic demand expansion without inflation pressure, with limited action on structural reforms [26][60] - There is a strong interest in gold as an investment, with 56% of respondents voting it as the top asset to own in the next 12 months, while 80% expect a weaker dollar [4][28] - Investors are seeking sustainable EPS growth in sectors such as Internet, Healthcare, and parts of consumer-related and IT sectors, with a notable interest in high-yielding stocks [5][29] - The report indicates a cautious view on most commodities except for gold, with a potential shift of 0.5% of foreign US assets to gold yielding 18% annual returns [6][30] - The broad adoption of generative AI in China is underway, particularly in the Internet sector, with strong revenue growth expected for cloud operators [7][31] - The automotive industry is transitioning from "In China, for China" to a global focus, with an expected rise in autonomous driving technology penetration [8][32] - Consumption demand in China has normalized, with a strong preference for luxury goods and offline experiences among consumers [13][34] - The healthcare sector shows enthusiasm for innovation capabilities, particularly in biotech and pharma, supported by a robust ecosystem [14][35] - The property market is moderating, with expectations of a high-single-digit year-on-year decline in primary sales in 2025 [15][36] Summary by Sections Macro & Investment Strategy - The US and China are navigating a complex relationship, with both nations aiming for long-term stability while managing national security interests [48][63] - Trust is critical in managing challenges faced by both countries, with a focus on transparency and cooperation [49][50] Commodities - Gold is viewed positively, while energy and base metals face a cautious outlook due to potential economic slowdowns [6][30] Innovation - Generative AI adoption is accelerating in China, with significant interest in humanoid robotics and their applications in various sectors [7][31] Autos - The automotive sector is shifting towards global competitiveness, with a focus on leveraging local supply chains and expanding into overseas markets [8][32] Consumption - Consumer sentiment is recovering, with a focus on luxury goods and the importance of both high-tier and lower-tier cities for brand expansion [13][34] Healthcare - The biotech and pharma sectors are expected to thrive due to innovation capabilities and a supportive ecosystem [14][35] Property - The property market is experiencing a decline, with expectations of policy support to cushion the downside [15][36]

看到这，肯定很多人都觉得很奇怪，这有啥难以抉择的？那肯定秒选 B 大厂，薪资高，岗位也比 A 大厂好。 图解学习网站： 大家好，我是小林。 有位训练营校招同学拿了两家互联网大厂 offer，但是岗位不同，一个是后端开发岗位，一个是运维岗位，难以抉择 A 大厂：sre岗位，面试官说可能运维的工作多一点，开发的工作少，开的薪资是白菜价，年包35w左右 B 大厂：后端开发，薪资A大厂高，年包有 40w+，但是面试时候说他们这边强度很大 之所以这位训练营同学如此纠结要不要选开发岗位的原因，其中原因是之前面腾讯开发岗位非常坎坷。 他从去年秋招和今年春招累计面了腾讯 7 次，结果全都挂了，被面到自闭了，都开始怀疑是不是适不适合干开发这行了，觉得可能运 维更适合他一点。 另外一个原因是，他对自己的代码和工程能力不够自信，他担心去了 B 大厂做开发，没有把握完成分配给他的工作，B 大厂面试官之 前也跟他说过他们的强度比较大， 总之就是担心自己工作不能胜任，导致过不了大厂的试用期。 很理解同学的担忧，通常我们做选择，本能都会选择一个安全又好走的道路，但是这可能并不是对你是最好的。 不要被过往的面试经历受影响，生活得向前看，别活 ...

Core Viewpoint - Baidu AI Search has fully integrated the DeepSeekR1-0528 model, enhancing its search service's intelligence and user experience [1][2][3] Group 1: Model Integration and Features - The DeepSeekR1-0528 model is now available for free on both PC and App platforms, following its launch on Baidu Smart Cloud on May 30 [1] - The model has shown significant improvements in reasoning capabilities, allowing for a more precise understanding of user intent, leading to personalized and accurate search results [1][2] - The integration of DeepSeekR1-0528 is expected to set a new benchmark in the intelligent search field, promoting further industry development [3] Group 2: User Experience Enhancements - The model generates content in a more humanized style, providing rich information and clearer formatting for better readability [2] - DeepSeekR1-0528 demonstrates strong logical reasoning abilities, efficiently completing complex tasks with clear logical steps [2] - The model can quickly outline research trends and pinpoint key literature in academic searches, as well as generate personalized plans for lifestyle inquiries like travel and food recommendations [2]

Group 1: Investment Opportunities - Many Americans are considering investing their IRS tax refunds, which average around $3,000, into the stock market as a long-term strategy [1] - ChatGPT recommends three equities for retail investors: Alphabet (GOOGL), JPMorgan Chase (JPM), and Eli Lilly (LLY) [2][6][9] Group 2: Company Insights - **Alphabet (GOOGL)**: The company is a leader in digital advertising, cloud computing, and AI, with its Gemini AI model enhancing services like Google Search and YouTube, driving new revenue streams [2][3] - **JPMorgan Chase (JPM)**: Recognized for its financial strength and reliability, the firm has diversified operations that allow it to manage market uncertainty effectively, benefiting from high interest rates [6][7] - **Eli Lilly (LLY)**: The company is positioned for significant growth with innovative treatments for obesity and diabetes, including drugs like Mounjaro and Zepbound, projected to generate tens of billions in annual revenue [9][10]

Core Viewpoint - Google plans to appeal a ruling against it for anti-competitive practices in online search, asserting that the original court decision was incorrect [2][4]. Group 1: Legal Proceedings - A federal judge in Washington found Google guilty of illegal practices to establish and maintain its monopoly in online search in the summer of 2024 [2]. - The judge's decision on potential remedies is expected by August 2025 [6]. Group 2: Proposed Remedies - The Justice Department is demanding significant remedies, including Google's divestiture from its Chrome browser and a ban on exclusivity agreements with smartphone manufacturers [3]. - Google has proposed more limited measures, such as allowing phone manufacturers to pre-install its Google Play app store but not Chrome or the search engine [5]. Group 3: Data Sharing and Consumer Impact - The Justice Department's proposal includes forcing Google to share data used to produce search results on Chrome, which Google argues would allow the government to control user data access [3][4]. - Google expressed concerns that the proposed remedies would benefit well-funded competitors like Bing but did not adequately address consumer benefits [4].

Group 1 - Dingdong (NYSE: DDL) reported 1Q25 results with revenue in line with consensus while earnings beat expectations [1] - The quarter showed a mixed performance with continued GMV growth being a positive indicator [1] Group 2 - Astrada Advisors specializes in investment research across technology, media, internet, and consumer sectors in North America and Asia [1] - The firm focuses on identifying high-potential investments and navigating complex industries, providing a unique perspective on market developments and emerging risks [1] - Research integrates fundamental analysis with data-driven insights to understand key trends, growth drivers, and competitive landscapes [1]

以下文章来源于黄青春频道 ，作者黄青春Youth 黄青春频道 . 看清流量迁徙的切面 5 月 27 日港股盘后，快手向市场递上 2025Q1 财报，可灵再次被拎出来充当这轮传播的"牌面"—— 除此之外，大家似乎对这家公司的业务发展乃至近况兴致寥寥。 明面上，可灵 AI 2.0 上线后，2025Q1 拉动收入超 1.5 亿元，无论模型优势还是盈利能力都跑在这 波 Al 浪潮的前列——可灵的逆袭，似乎正为快手创造出"二次发育"的契机。 出品｜虎嗅黄青春频道 作者｜商业消费主笔 黄青春 题图｜视觉中国 实际上，快手 2025Q1 营收仅同比增长 10.9% 达 326 亿元， 连续四个季度在 10% 关口上下徘徊， 环比减少了 28 亿 ；净利润同比降低 3.4% 至 39.8 亿元，调整后净利润仅同比增长 4.5% 为 46 亿 元，环比减少了 1 亿元， 较前两年利润增速明显放缓 。 须知，营收、净利润作为一切财报数据的根基，足以窥一斑而知全豹——况且，快手巅峰期市值一度 飙涨至 1.738 万亿港元，市值仅次于腾讯、阿里、美团、拼多多；如今，快手股价"脚踝斩"，市值蒸 发 87% 不足 2300亿（截至发稿， ...

5 月31日 #微信朋友圈能折叠了# 登上热搜 近日，有网友发现 微信朋友圈出现了"折叠"功能 页面更加清爽！ 好友发布的多条朋友圈信息 点击后可显示 好友发布的其他朋友圈消息 对于朋友圈的折叠功能，腾讯客服表示，如朋友圈频繁发送广告营销等内容，为了优化用户体验，该信 息被折叠，用户点击该条朋友圈即可查看完整信息。 腾讯客服称，"朋友圈是用户分享和关注朋友们生活点滴的空间，鼓励在朋友圈分享更多生活的新鲜事 情和感悟。" 什么内容怎样的发布频率会被折叠？ 可能会被折叠 在朋友圈信息下方显示"余下x条" 腾讯客服称，根据《微信个人账号使用规范》， 若朋友圈频繁发送广告营销等内容，该信息被折叠。 "为了优化用户体验，我们限制了批量或多次发送的营销类信息等打扰用户信息的展示形式，用户点击该 条朋友圈即可查看完整信息。" 对于微信推出的朋友圈折叠新功能，很多网友都表示 "舒服了，可以过滤掉不想看到的消息"。 不过，有网友发现，自己多发几条生活日常，朋友圈也会被折叠。另外，网友们还希望微信上新 "编辑 已发布朋友圈""查看分组好友朋友圈" 等功能。 来源：新华网 责编：王璐璐 集体飙升！半导体，突传重磅！ 校对：王锦程 ...