Tencent Fires Employee with $317K Bonus for Leaking Salary Info
On July 24, a project leader named Ye from WeChat’s business group (WXG) was fired for privately sharing a screenshot of their personal annual salary details online, leaking sensitive internal info like compensation and incentive systems. They were also blacklisted from ever being rehired by the company. This story exploded on social media, racking up over 27 million views. The screenshot showed Ye’s year-end package was worth about 3.17 million yuan, with over 820,000 yuan in cash and more than 2.35 million yuan in stock incentives.
WeChat Lets You Delete Those Annoying “Recall” Hints? Here’s the Scoop
On July 24, WeChat rolled out a new trick: you can now delete the gray text that pops up after recalling a message, making it look like nothing ever happened. Just long-press the “You recalled a message” notice and hit delete. The feature quickly trended online. WeChat confirmed it’s real—long-press the recall prompt, choose “Delete,” and poof, it’s gone from your device, but the other person’s chat stays untouched. This is currently in gray testing on both iOS and Android, so not everyone can try it yet.
Zhiyuan Kicks Off Hong Kong IPO Process
On July 24, news broke that Zhiyuan has started the process for its Hong Kong IPO. Founded in 2023, Zhiyuan Innovation (Shanghai) Technology Co., Ltd. has gone from R&D to mass production and real-world deployment in just three years, pushing general-purpose AI robots from development to actual use.
According to Omdia, Zhiyuan shipped over 5,100 general-purpose humanoid robots in 2025, ranking first globally with about 39% of the market. Per CIC data, based on 2025 and Q1 2026 revenue, Zhiyuan is the world’s largest general-purpose AI robot company. Its product lineup now includes wheeled, semi-humanoid, humanoid, and quadruped robots.
East Buy Predicts Net Profit to Skyrocket 8566% to 9066% in Fiscal 2026
East Buy announced on July 23 that it expects massive growth in both total revenue and profit for the fiscal year ending May 31, 2026. Revenue is projected between 5.6 billion and 5.8 billion yuan, up about 27.3% to 31.8% from 4.4 billion yuan in fiscal 2025. Net profit is expected to hit 520 million to 550 million yuan, compared to just 6 million yuan in fiscal 2025—a jaw-dropping jump of 8566.7% to 9066.7%.
The company credits this surge to steady launches and expansion of its own-brand products, alongside a diverse mix of third-party goods. Several hit own-brand products have been wildly popular, driving strong sales. Plus, a multi-channel strategy—adding more Douyin livestream accounts, expanding the host team, and extending live hours—has boosted total transaction volume and broadened traffic sources. Growing paid members and higher repurchase rates on its own app, plus improved supply chain and quality control, all contributed to the profit explosion.
Meituan’s “Rider Traffic Light Timer” Feature Coming Soon
On July 24, word got out that Meituan has built a “traffic light timer” feature, now in internal testing. Once live, when riders hit a red light, the system will pause their delivery timer, easing the pressure on delivery times. After data tweaks this year, the feature will roll out gradually, potentially covering over 1 million riders.
Nvidia Reportedly Hikes GeForce Graphics Card Kit Prices
On July 24, reports emerged that Nvidia has told its graphics card partners it’s raising prices for GPU kits with memory, specifically GeForce models using GDDR7 and GDDR6 memory. This price hike will affect various GeForce products with different memory specs, though the exact increase hasn’t been disclosed.
Samsung and SK Hynix Expected to Sign Mega Chip Supply Deals with US Firms
South Korea’s presidential office policy chief, Kim Yong-beom, revealed on July 23 that Samsung and SK Hynix are likely to announce “large-scale” cooperation agreements with major US tech companies during President Lee Jae-myung’s visit to Silicon Valley. These deals may include long-term memory chip supply agreements, strategic investment partnerships, and memorandums of understanding. No specific amounts were shared.
Insta360 Partners with Apple China, Lands in Over 500 Authorized Stores
On July 24, Insta360 announced a partnership with Apple China, bringing its hit products—like the Luna Ultra gimbal camera, GoUltra thumb camera, and Snap selfie screen phone—to over 500 Apple authorized stores across the country. These stores cover key commercial areas in 31 provinces, including Beijing, Shanghai, Guangzhou, and Shenzhen.
