Alice Huang's China Connections, A Financier's Scandals And The Nvidia Link

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• Streaming is still trying to be TikTok

  Entertainment conglomerates are overhauling their mobile interfaces to reclaim screen time lost to tech-first competitors like YouTube. Media brands such as Disney and Paramount are increasingly introducing vertical video streams to capture viewers during idle moments and improve catalog discovery. However, questions remain over whether these bite-sized clips can successfully translate casual mobile browsing into long-term subscriber loyalty.

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• Salt Lake City-based energy storage startup Torus raised a $500M Series C led by Magnetar to build shipping container-sized AI data centers at 1MW to 20MW sizes (Mark Chediak/Bloomberg)

  To tackle the surging infrastructure and power requirements driven by artificial intelligence computing, the Utah venture is deploying modular units built directly into transport containers. Backed by lead investor Magnetar, the capital injection allows the team to scale compact computing sites that operate between 1 megawatt and 20 megawatts in size. This rapid-deployment format targets constraints currently facing grid capacity and digital infrastructure.

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• Nissan reduces petrol car production as EV sales boom in China

  Intense price wars and an accelerating transition toward new energy vehicles have forced the Japanese automaker to lower its annual global targets. Chief executive Ivan Espinosa acknowledged that consumer adoption is moving faster than expected, eroding traditional market share. In response, the manufacturer is pivoting assembly lines toward plug-in options while simultaneously navigating disparate regulatory landscapes and trade barriers across Western markets.

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