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2021-07-21
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Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1626858312,"share":"https://ttm.financial/m/news/1185755047?lang=&edition=fundamental","pubTime":"2021-07-21 17:05","market":"us","language":"en","title":"Nio Supplier Say If Chinese Automakers Want To Overtake Tesla, LiDAR Is Key","url":"https://stock-news.laohu8.com/highlight/detail?id=1185755047","media":"Benzinga","summary":"NIO Inc. LiDAR supplier Innovusion believes radar-based technology is the key for Chinese car compan","content":"<p><b><a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a></b> LiDAR supplier Innovusion believes radar-based technology is the key for Chinese car companies to overtake bigger rival and electric vehicle segment disruptor <b><a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a></b>, according to a cnEVpostreport.</p>\n<p><b>What Happened:</b> Bao Junwei, CEO of Innovusion, said LiDAR technology could provide rival automakers key leverage as Tesla focuses on the vision-based technology instead.</p>\n<p>As per Bao, other companies can't match Tesla in vision algorithm and chips at this pount of time but the Musk company doesn't have the advantage gained by an early layout in LiDAR.</p>\n<p>Tesla has recently switched to strictly cameras and stopped using radar sensors.</p>\n<p><b>Why It Matters:</b> The Palo Alto, California-based company’s CEO Elon Musk believes that light or camera-based vision is more accurate than radar as the radar introduces more noise than helpful data in a sensor fusion system.</p>\n<p>Nio’s premium electric sedan ET7, which is expected to begin deliveries in the first quarter of 2022,is equipped withInnovusion’s LiDAR technology.</p>\n<p>Innovision claims its LiDAR has a half a kilometer range and a distance precision of fewer than three centimeters. The company had in June said the LiDAR technology works on the L3 and L4 autonomous driving and complements the L2 autonomous driving as well.</p>\n<p><b>Price Action:</b> Nio shares closed 1.89% higher at $44.17 on Tuesday.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nio Supplier Say If Chinese Automakers Want To Overtake Tesla, LiDAR Is Key</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNio Supplier Say If Chinese Automakers Want To Overtake Tesla, LiDAR Is Key\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-07-21 17:05</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b><a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a></b> LiDAR supplier Innovusion believes radar-based technology is the key for Chinese car companies to overtake bigger rival and electric vehicle segment disruptor <b><a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a></b>, according to a cnEVpostreport.</p>\n<p><b>What Happened:</b> Bao Junwei, CEO of Innovusion, said LiDAR technology could provide rival automakers key leverage as Tesla focuses on the vision-based technology instead.</p>\n<p>As per Bao, other companies can't match Tesla in vision algorithm and chips at this pount of time but the Musk company doesn't have the advantage gained by an early layout in LiDAR.</p>\n<p>Tesla has recently switched to strictly cameras and stopped using radar sensors.</p>\n<p><b>Why It Matters:</b> The Palo Alto, California-based company’s CEO Elon Musk believes that light or camera-based vision is more accurate than radar as the radar introduces more noise than helpful data in a sensor fusion system.</p>\n<p>Nio’s premium electric sedan ET7, which is expected to begin deliveries in the first quarter of 2022,is equipped withInnovusion’s LiDAR technology.</p>\n<p>Innovision claims its LiDAR has a half a kilometer range and a distance precision of fewer than three centimeters. The company had in June said the LiDAR technology works on the L3 and L4 autonomous driving and complements the L2 autonomous driving as well.</p>\n<p><b>Price Action:</b> Nio shares closed 1.89% higher at $44.17 on Tuesday.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来","TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1185755047","content_text":"NIO Inc. LiDAR supplier Innovusion believes radar-based technology is the key for Chinese car companies to overtake bigger rival and electric vehicle segment disruptor Tesla Motors, according to a cnEVpostreport.\nWhat Happened: Bao Junwei, CEO of Innovusion, said LiDAR technology could provide rival automakers key leverage as Tesla focuses on the vision-based technology instead.\nAs per Bao, other companies can't match Tesla in vision algorithm and chips at this pount of time but the Musk company doesn't have the advantage gained by an early layout in LiDAR.\nTesla has recently switched to strictly cameras and stopped using radar sensors.\nWhy It Matters: The Palo Alto, California-based company’s CEO Elon Musk believes that light or camera-based vision is more accurate than radar as the radar introduces more noise than helpful data in a sensor fusion system.\nNio’s premium electric sedan ET7, which is expected to begin deliveries in the first quarter of 2022,is equipped withInnovusion’s LiDAR technology.\nInnovision claims its LiDAR has a half a kilometer range and a distance precision of fewer than three centimeters. The company had in June said the LiDAR technology works on the L3 and L4 autonomous driving and complements the L2 autonomous driving as well.\nPrice Action: Nio shares closed 1.89% higher at $44.17 on Tuesday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":300,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176933582,"gmtCreate":1626852806846,"gmtModify":1703479299996,"author":{"id":"3583099804491703","authorId":"3583099804491703","name":"J5050","avatar":"https://static.tigerbbs.com/696e7cbb7e7d1c3bbbbc28f50d995831","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583099804491703","authorIdStr":"3583099804491703"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/176933582","repostId":"1151834311","repostType":4,"repost":{"id":"1151834311","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1626850369,"share":"https://ttm.financial/m/news/1151834311?lang=&edition=fundamental","pubTime":"2021-07-21 14:52","market":"us","language":"en","title":"Moderna Joins AMC, Nvidia, GameStop Among Top WallStreetBets Interests","url":"https://stock-news.laohu8.com/highlight/detail?id=1151834311","media":"Benzinga","summary":"Moderna, Inc.. has joined . AMC Entertainment Holdings Inc and Nvidia Corp. as the stocks seeing hi","content":"<p><b><a href=\"https://laohu8.com/S/MRNA\">Moderna, Inc.</a></b><b>.</b> has joined <b>.</b> <b>AMC Entertainment Holdings Inc</b> and <b> </b><b>Nvidia</b> <b>Corp.</b> as the stocks seeing high interest on Reddit’s r/WallStreetBets forum, even as <b>SPDR S&P 500 ETF Trust</b> SPY 1.43%remained the most-discussed stock on the forum, as of Tuesday night.</p>\n<p><b>What Happened</b>: Exchange-traded fund SPDR S& 500 ETF is seeing the highest interest on the forum with 805 mentions, followed by movie theatre chain AMC Entertainment with 331 mentions during the last 24 hours, data from Quiver Quantitative showed.</p>\n<p>Graphics chipmaker Nvidia and biotechnology company Moderna took the third and fourth spots, having attracted 249 and 236 mentions respectively.</p>\n<p>The other stocks that are trending on the forum include video game retailer<b>GameStop Corp.</b>GME 11.06%, Canada-based cybersecurity company<b>BlackBerry Ltd</b>.BB 7.49%, medical insurance technology company<b>Clover Health Investments Corp.</b>CLOV 0.6%, electric vehicle maker<b>Tesla Inc.</b>TSLA 2.21%, tech giant<b>Apple Inc.</b>AAPL 2.6%and streaming giant<b>Netflix Inc.</b>NFLX 0.23%.</p>\n<p><b>Why It Matters:</b> Nvidia is seeing increased interest from retail investors after the company’s sharesbegan tradingon a four-for-<a href=\"https://laohu8.com/S/AONE.U\">one</a> split-adjusted basis from Tuesday.</p>\n<p>Moderna’s shares, which are set to join the S&P 500 Index ahead of the market open on Wednesday, declined on Tuesday after four straight days of gains. The companysaidthat the Japanese government has agreed to purchase an additional 50 million doses of its COVID-19 vaccine.</p>\n<p>Netflix reported a19% year-over-year increasein second-quarter revenue and also finished the quarter with over 209 million paid subscribers, ahead of its internal estimates.</p>\n<p><b>Price Action</b>: SPDR S&P 500 ETF Trust shares 1.4% higher in Tuesday’s regular trading session at $431.06 and further rose 0.2% in the after-hours session to $432.00.</p>\n<p>AMC Entertainment shares closed 24.4% higher in the regular trading session at $43.09 and further rose almost 0.8% in the after-hours session to $43.43.</p>\n<p>Nvidia shares closed almost 0.9% lower in the regular trading session at $186.12, but rose almost 0.3% in the after-hours session to $186.60.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Moderna Joins AMC, Nvidia, GameStop Among Top WallStreetBets Interests</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nModerna Joins AMC, Nvidia, GameStop Among Top WallStreetBets Interests\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-07-21 14:52</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b><a href=\"https://laohu8.com/S/MRNA\">Moderna, Inc.</a></b><b>.</b> has joined <b>.</b> <b>AMC Entertainment Holdings Inc</b> and <b> </b><b>Nvidia</b> <b>Corp.</b> as the stocks seeing high interest on Reddit’s r/WallStreetBets forum, even as <b>SPDR S&P 500 ETF Trust</b> SPY 1.43%remained the most-discussed stock on the forum, as of Tuesday night.</p>\n<p><b>What Happened</b>: Exchange-traded fund SPDR S& 500 ETF is seeing the highest interest on the forum with 805 mentions, followed by movie theatre chain AMC Entertainment with 331 mentions during the last 24 hours, data from Quiver Quantitative showed.</p>\n<p>Graphics chipmaker Nvidia and biotechnology company Moderna took the third and fourth spots, having attracted 249 and 236 mentions respectively.</p>\n<p>The other stocks that are trending on the forum include video game retailer<b>GameStop Corp.</b>GME 11.06%, Canada-based cybersecurity company<b>BlackBerry Ltd</b>.BB 7.49%, medical insurance technology company<b>Clover Health Investments Corp.</b>CLOV 0.6%, electric vehicle maker<b>Tesla Inc.</b>TSLA 2.21%, tech giant<b>Apple Inc.</b>AAPL 2.6%and streaming giant<b>Netflix Inc.</b>NFLX 0.23%.</p>\n<p><b>Why It Matters:</b> Nvidia is seeing increased interest from retail investors after the company’s sharesbegan tradingon a four-for-<a href=\"https://laohu8.com/S/AONE.U\">one</a> split-adjusted basis from Tuesday.</p>\n<p>Moderna’s shares, which are set to join the S&P 500 Index ahead of the market open on Wednesday, declined on Tuesday after four straight days of gains. The companysaidthat the Japanese government has agreed to purchase an additional 50 million doses of its COVID-19 vaccine.</p>\n<p>Netflix reported a19% year-over-year increasein second-quarter revenue and also finished the quarter with over 209 million paid subscribers, ahead of its internal estimates.</p>\n<p><b>Price Action</b>: SPDR S&P 500 ETF Trust shares 1.4% higher in Tuesday’s regular trading session at $431.06 and further rose 0.2% in the after-hours session to $432.00.</p>\n<p>AMC Entertainment shares closed 24.4% higher in the regular trading session at $43.09 and further rose almost 0.8% in the after-hours session to $43.43.</p>\n<p>Nvidia shares closed almost 0.9% lower in the regular trading session at $186.12, but rose almost 0.3% in the after-hours session to $186.60.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达","MRNA":"Moderna, Inc.","AMC":"AMC院线","GME":"游戏驿站"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151834311","content_text":"Moderna, Inc.. has joined . AMC Entertainment Holdings Inc and Nvidia Corp. as the stocks seeing high interest on Reddit’s r/WallStreetBets forum, even as SPDR S&P 500 ETF Trust SPY 1.43%remained the most-discussed stock on the forum, as of Tuesday night.\nWhat Happened: Exchange-traded fund SPDR S& 500 ETF is seeing the highest interest on the forum with 805 mentions, followed by movie theatre chain AMC Entertainment with 331 mentions during the last 24 hours, data from Quiver Quantitative showed.\nGraphics chipmaker Nvidia and biotechnology company Moderna took the third and fourth spots, having attracted 249 and 236 mentions respectively.\nThe other stocks that are trending on the forum include video game retailerGameStop Corp.GME 11.06%, Canada-based cybersecurity companyBlackBerry Ltd.BB 7.49%, medical insurance technology companyClover Health Investments Corp.CLOV 0.6%, electric vehicle makerTesla Inc.TSLA 2.21%, tech giantApple Inc.AAPL 2.6%and streaming giantNetflix Inc.NFLX 0.23%.\nWhy It Matters: Nvidia is seeing increased interest from retail investors after the company’s sharesbegan tradingon a four-for-one split-adjusted basis from Tuesday.\nModerna’s shares, which are set to join the S&P 500 Index ahead of the market open on Wednesday, declined on Tuesday after four straight days of gains. The companysaidthat the Japanese government has agreed to purchase an additional 50 million doses of its COVID-19 vaccine.\nNetflix reported a19% year-over-year increasein second-quarter revenue and also finished the quarter with over 209 million paid subscribers, ahead of its internal estimates.\nPrice Action: SPDR S&P 500 ETF Trust shares 1.4% higher in Tuesday’s regular trading session at $431.06 and further rose 0.2% in the after-hours session to $432.00.\nAMC Entertainment shares closed 24.4% higher in the regular trading session at $43.09 and further rose almost 0.8% in the after-hours session to $43.43.\nNvidia shares closed almost 0.9% lower in the regular trading session at $186.12, but rose almost 0.3% in the after-hours session to $186.60.","news_type":1},"isVote":1,"tweetType":1,"viewCount":195,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176939802,"gmtCreate":1626852703806,"gmtModify":1703479298511,"author":{"id":"3583099804491703","authorId":"3583099804491703","name":"J5050","avatar":"https://static.tigerbbs.com/696e7cbb7e7d1c3bbbbc28f50d995831","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583099804491703","authorIdStr":"3583099804491703"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/176939802","repostId":"1161131573","repostType":4,"isVote":1,"tweetType":1,"viewCount":165,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176992470,"gmtCreate":1626852264690,"gmtModify":1703479291733,"author":{"id":"3583099804491703","authorId":"3583099804491703","name":"J5050","avatar":"https://static.tigerbbs.com/696e7cbb7e7d1c3bbbbc28f50d995831","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583099804491703","authorIdStr":"3583099804491703"},"themes":[],"htmlText":"Can check","listText":"Can check","text":"Can check","images":[{"img":"https://static.tigerbbs.com/eb333cb137bd7a91ae14931becc5a259","width":"1080","height":"3207"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/176992470","isVote":1,"tweetType":1,"viewCount":223,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":176993413,"gmtCreate":1626851864632,"gmtModify":1703479285409,"author":{"id":"3583099804491703","authorId":"3583099804491703","name":"J5050","avatar":"https://static.tigerbbs.com/696e7cbb7e7d1c3bbbbc28f50d995831","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583099804491703","authorIdStr":"3583099804491703"},"themes":[],"htmlText":"Good luck","listText":"Good luck","text":"Good luck","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/176993413","repostId":"1142295392","repostType":4,"repost":{"id":"1142295392","kind":"news","pubTimestamp":1626851375,"share":"https://ttm.financial/m/news/1142295392?lang=&edition=fundamental","pubTime":"2021-07-21 15:09","market":"us","language":"en","title":"Netflix Signals No Acquisition Plans as It Adds 1.5 Million Subscribers","url":"https://stock-news.laohu8.com/highlight/detail?id=1142295392","media":"The Wall Street Journal","summary":"Streaming giant’s U.S. member base shrinks even as it beats global growth forecast, says it sees no ","content":"<blockquote>\n Streaming giant’s U.S. member base shrinks even as it beats global growth forecast, says it sees no ‘must-have’ assets despite rival deal-making.\n</blockquote>\n<p><a href=\"https://laohu8.com/S/NFLX\">Netflix</a>Inc.NFLX-0.23%is staying out of the arms race.</p>\n<p>The streaming giant told investors Tuesday that while its competition is growing and rivals are combining to create more formidable entertainment platforms, it sees no need to get bigger to compete.</p>\n<p>“We don’t view any assets as ‘must-have’ and we haven’t yet found any large scale ones to be sufficiently compelling to act upon,” Netflix said in its second-quarter letter to shareholders.</p>\n<p>The company said that the potential of streaming is driving the deal-making but that it doesn’t believe the media consolidation of the past several years has affected its growth.</p>\n<p>“We are mostly competing with ourselves to improve our service as fast as we can. If we do that, we’re confident we can maintain our strong position and continue to grow nicely as we have been for the past two-plus decades.” Netflix said.</p>\n<p>Netflix’s declaration came as the company said it added 1.5 million memberships in the second quarter as the streaming giant continues to seeslower growth in new subscribersfollowing a surge last year at the height of the Covid-19 pandemic.</p>\n<p>Netflix said the pandemic had created what it called “lumpiness” in its membership growth, referring to higher growth last year and slower growth this year. The company said it has 209.2 million subscribers world-wide. Shares were flat in after-hours trading.</p>\n<p>The global leader in streaming’s approach to acquisitions is the opposite of the rest of the entertainment industry, which is in a frantic phase of deal-making in the hopes of assembling content giants that can be formidable rivals to Netflix.</p>\n<p>In May,AT&TInc.andDiscoveryInc.agreed to combine their media operationsinto a new stand-alone company whose assets will include HBO Max, CNN, <a href=\"https://laohu8.com/S/DISCA\">Discovery</a>+ and the Warner Bros. movie and TV studios. Last month,<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>Inc.struck a deal to acquire MGM for $6.5 billionin the hopes of using the famed movie and TV studio’s library and intellectual property to bolster its Prime Video streaming service.</p>\n<p>The deal-making might not be finished.<a href=\"https://laohu8.com/S/CMCSA\">Comcast</a>Corp., parent of NBCUniversal andViacomCBSInc.have discussedcreating a streaming partnership for international markets, according to people familiar with the matter.</p>\n<p>While Netflix is steering clear of deals, it is looking to expand into new businesses, particularly gaming. Last week, the company hiredFacebookexecutive Mike Verdu asvice president of game development. The company said it would focus on games for mobile devices and would likely rely on Netflix shows and movies for content. Games will be included at no extra cost to Netflix members.</p>\n<p>“We think the time is right to learn more about how our members value games,” the company said in its shareholder letter.</p>\n<p>Netflix Chairman and Co-Chief Executive Reed Hastings said on the company’s investor video Tuesday that games and other ancillary businesses that the company is exploring, such as retail, aren’t meant to be new profit centers or to take away from its content operations.</p>\n<p>“We’re a <a href=\"https://laohu8.com/S/AONE.U\">one</a>-product company with a bunch of supporting elements,” Mr. Hastings said.</p>\n<p>Netflix’s addition of 1.5 million subscribers for the three-month period ending June 30 exceeded its earlier forecast of an additional one million memberships. It added 10 million in the second quarter a year earlier, when much of the world was in lockdown mode.</p>\n<p><a href=\"https://laohu8.com/S/TSS\">Total</a> revenue at the Los Gatos Calif.-based company rose to $7.34 billion, compared with $6.15 billion a year earlier. Wall Street had expected $7.32 billion, according to FactSet.</p>\n<p>Profit at Netflix increased to $1.35 billion, or $2.97 a share. A year earlier, earnings were $720 million, or $1.59 a share. Earnings missed estimates for GAAP earnings of $3.18 a share.</p>\n<p>The Asia Pacific region was the company’s strongest in terms of new members, responsible for nearly 70% of the 1.5 million added subscribers. In the U.S. and Canada, the streaming giant lost 400,000 subscribers—the first time it has done so in those markets since the second quarter of 2019.</p>\n<p>Engagement among Netflix subscribers was also down for the quarter compared with the same period a year ago. However, that metric was up 17% compared with the second quarter of 2019.</p>\n<p>Netflix is anticipating a stronger third quarter as media-production delays ease and more fresh content is available. The company said it is forecasting paid net additions of 3.5 million, compared with 2.2 million in the third quarter of 2020.</p>\n<p>The pandemic continued to hamper Netflix’s lineup of original content for the quarter, but the company said it expects to have a strong slate for the rest of the year.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Netflix Signals No Acquisition Plans as It Adds 1.5 Million Subscribers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNetflix Signals No Acquisition Plans as It Adds 1.5 Million Subscribers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-21 15:09 GMT+8 <a href=https://www.wsj.com/articles/netflix-membership-growth-beats-companys-forecast-11626811994?mod=hp_lead_pos3><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Streaming giant’s U.S. member base shrinks even as it beats global growth forecast, says it sees no ‘must-have’ assets despite rival deal-making.\n\nNetflixInc.NFLX-0.23%is staying out of the arms race....</p>\n\n<a href=\"https://www.wsj.com/articles/netflix-membership-growth-beats-companys-forecast-11626811994?mod=hp_lead_pos3\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","NFLX":"奈飞"},"source_url":"https://www.wsj.com/articles/netflix-membership-growth-beats-companys-forecast-11626811994?mod=hp_lead_pos3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142295392","content_text":"Streaming giant’s U.S. member base shrinks even as it beats global growth forecast, says it sees no ‘must-have’ assets despite rival deal-making.\n\nNetflixInc.NFLX-0.23%is staying out of the arms race.\nThe streaming giant told investors Tuesday that while its competition is growing and rivals are combining to create more formidable entertainment platforms, it sees no need to get bigger to compete.\n“We don’t view any assets as ‘must-have’ and we haven’t yet found any large scale ones to be sufficiently compelling to act upon,” Netflix said in its second-quarter letter to shareholders.\nThe company said that the potential of streaming is driving the deal-making but that it doesn’t believe the media consolidation of the past several years has affected its growth.\n“We are mostly competing with ourselves to improve our service as fast as we can. If we do that, we’re confident we can maintain our strong position and continue to grow nicely as we have been for the past two-plus decades.” Netflix said.\nNetflix’s declaration came as the company said it added 1.5 million memberships in the second quarter as the streaming giant continues to seeslower growth in new subscribersfollowing a surge last year at the height of the Covid-19 pandemic.\nNetflix said the pandemic had created what it called “lumpiness” in its membership growth, referring to higher growth last year and slower growth this year. The company said it has 209.2 million subscribers world-wide. Shares were flat in after-hours trading.\nThe global leader in streaming’s approach to acquisitions is the opposite of the rest of the entertainment industry, which is in a frantic phase of deal-making in the hopes of assembling content giants that can be formidable rivals to Netflix.\nIn May,AT&TInc.andDiscoveryInc.agreed to combine their media operationsinto a new stand-alone company whose assets will include HBO Max, CNN, Discovery+ and the Warner Bros. movie and TV studios. Last month,Amazon.comInc.struck a deal to acquire MGM for $6.5 billionin the hopes of using the famed movie and TV studio’s library and intellectual property to bolster its Prime Video streaming service.\nThe deal-making might not be finished.ComcastCorp., parent of NBCUniversal andViacomCBSInc.have discussedcreating a streaming partnership for international markets, according to people familiar with the matter.\nWhile Netflix is steering clear of deals, it is looking to expand into new businesses, particularly gaming. Last week, the company hiredFacebookexecutive Mike Verdu asvice president of game development. The company said it would focus on games for mobile devices and would likely rely on Netflix shows and movies for content. Games will be included at no extra cost to Netflix members.\n“We think the time is right to learn more about how our members value games,” the company said in its shareholder letter.\nNetflix Chairman and Co-Chief Executive Reed Hastings said on the company’s investor video Tuesday that games and other ancillary businesses that the company is exploring, such as retail, aren’t meant to be new profit centers or to take away from its content operations.\n“We’re a one-product company with a bunch of supporting elements,” Mr. Hastings said.\nNetflix’s addition of 1.5 million subscribers for the three-month period ending June 30 exceeded its earlier forecast of an additional one million memberships. It added 10 million in the second quarter a year earlier, when much of the world was in lockdown mode.\nTotal revenue at the Los Gatos Calif.-based company rose to $7.34 billion, compared with $6.15 billion a year earlier. Wall Street had expected $7.32 billion, according to FactSet.\nProfit at Netflix increased to $1.35 billion, or $2.97 a share. A year earlier, earnings were $720 million, or $1.59 a share. Earnings missed estimates for GAAP earnings of $3.18 a share.\nThe Asia Pacific region was the company’s strongest in terms of new members, responsible for nearly 70% of the 1.5 million added subscribers. In the U.S. and Canada, the streaming giant lost 400,000 subscribers—the first time it has done so in those markets since the second quarter of 2019.\nEngagement among Netflix subscribers was also down for the quarter compared with the same period a year ago. However, that metric was up 17% compared with the second quarter of 2019.\nNetflix is anticipating a stronger third quarter as media-production delays ease and more fresh content is available. The company said it is forecasting paid net additions of 3.5 million, compared with 2.2 million in the third quarter of 2020.\nThe pandemic continued to hamper Netflix’s lineup of original content for the quarter, but the company said it expects to have a strong slate for the rest of the year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":200,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":176993413,"gmtCreate":1626851864632,"gmtModify":1703479285409,"author":{"id":"3583099804491703","authorId":"3583099804491703","name":"J5050","avatar":"https://static.tigerbbs.com/696e7cbb7e7d1c3bbbbc28f50d995831","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583099804491703","authorIdStr":"3583099804491703"},"themes":[],"htmlText":"Good luck","listText":"Good luck","text":"Good luck","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/176993413","repostId":"1142295392","repostType":4,"isVote":1,"tweetType":1,"viewCount":200,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176303599,"gmtCreate":1626858656111,"gmtModify":1703479414578,"author":{"id":"3583099804491703","authorId":"3583099804491703","name":"J5050","avatar":"https://static.tigerbbs.com/696e7cbb7e7d1c3bbbbc28f50d995831","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583099804491703","authorIdStr":"3583099804491703"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/176303599","repostId":"1185755047","repostType":4,"isVote":1,"tweetType":1,"viewCount":300,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176939802,"gmtCreate":1626852703806,"gmtModify":1703479298511,"author":{"id":"3583099804491703","authorId":"3583099804491703","name":"J5050","avatar":"https://static.tigerbbs.com/696e7cbb7e7d1c3bbbbc28f50d995831","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583099804491703","authorIdStr":"3583099804491703"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/176939802","repostId":"1161131573","repostType":4,"repost":{"id":"1161131573","kind":"news","pubTimestamp":1626852067,"share":"https://ttm.financial/m/news/1161131573?lang=&edition=fundamental","pubTime":"2021-07-21 15:21","market":"us","language":"en","title":"SoftBank's robotics ambitions short circuit as Pepper loses power","url":"https://stock-news.laohu8.com/highlight/detail?id=1161131573","media":"Reuters","summary":"TOKYO, July 21 (Reuters) - When SoftBank Group Corp’s CEO Masayoshi Son unveiled the wide-eyed andro","content":"<p>TOKYO, July 21 (Reuters) - When SoftBank Group Corp’s CEO Masayoshi Son unveiled the wide-eyed android Pepper in 2014, he painted a vision, once confined to science fiction, of a new era of personal robots in which his company would be the industry leader.</p>\n<p>That vision, and the company’s expectations of demand for Pepper, proved overly optimistic, two sources familiar with the matter said. Seven years later, Pepper is clinging to life, with production shuttered and units cobbled together with out-of-date components.</p>\n<p>SoftBank will end sales of new Pepper units in 2023 at the latest as those parts become obsolete, according to the minutes of an internal meeting held in Paris in late May and reviewed by Reuters. Sales of refurbished units will continue after this point, management told staff.</p>\n<p>The company disputed the meeting minutes, and Kazutaka Hasumi, chief marketing officer of SoftBank Robotics, told Reuters the company is committed to ensuring Pepper survives in some form, perhaps with a new design.</p>\n<p>“We will still be selling Pepper in five years,” Hasumi said.</p>\n<p>The humanoid was custom designed for SoftBank by Aldebaran, a French robotics startup it acquired in 2012. Son hoped Pepper would transform robots from a factory tool into an everyday companion, just as computers had moved from offices into homes and pockets.</p>\n<p>But Pepper’s appeal was limited by its basic functionality: it can make rudimentary conversation, engage in simple interactions through its chest-mounted tablet and sing while gesturing. It would frequently break down, the two sources said.</p>\n<p>“Pepper wasn’t upgraded to take on real tasks. There was very little Pepper could do that you can’t do with an iPad,” said Morten Paulsen, head of Japan research at CLSA.</p>\n<p>Retailing for 198,000 yen ($1,800) plus a 14,800 yen monthly fee, Pepper was out of reach for most households, and SoftBank was quickly forced to focus on businesses. Pepper was met with some early enthusiasm in that sector; shops and restaurants offered a more predictable environment where the robot could be programmed for tasks such as greeting customers.</p>\n<p>But poor relations between Tokyo and Paris hurt Pepper’s development, according to the sources familiar with the matter, and two others. All of the sources spoke on condition of anonymity as they were not permitted to speak to the media.</p>\n<p>SoftBank propped up Pepper’s sales in the early days deploying units in its mobile phone stores said two of the sources. 27,000 units were eventually produced, one of the two sources familiar with the matter said.</p>\n<p>Now, sales of Pepper have slumped to less than 100 units in some months, according to documents reviewed by Reuters.</p>\n<p>Production at a Foxconn factory in China was stopped last year as the number of unsold units mounted and the line has since been shut down, the documents show.</p>\n<p>SoftBank has fewer than 2,000 Pepper units left, according to the documents. The heavy batteries that power the robot are decaying and the chest-mounted tablets run on an out-of-date Android operating system without the latest security updates, one of the sources said.</p>\n<p>ELECTRIC DREAMS</p>\n<p>Son, a self described “big talker”, has a track record of achieving the unlikely, breaking up Japan’s telecoms duopoly and securing $60 billion in Middle Eastern oil money for his Vision Fund.</p>\n<p>The billionaire also has an eye for hits, famously bringing Apple’s first iPhone to the Japanese market. But when his company launched Pepper, it had little experience designing and building products - let alone androids.</p>\n<p>And the expected market never materialised. Even as Pepper helped spread SoftBank’s name around the world, some customers were returning it when lease periods ended.</p>\n<p>Two years ago SoftBank made a major attempt to reboot its robotics business with the launch of Whiz, an automated vacuum cleaner.</p>\n<p>Sales staff struggled to persuade customers to pay $500 monthly for a product that could only clean open spaces and would break down, two other sources said.</p>\n<p>Demand for Whiz has been boosted by the pandemic, with orders for 8,000 units in the April-June quarter, said Kenichi Yoshida, chief business officer at SoftBank Robotics.</p>\n<p>SoftBank has considered other robot products, including one that makes ramen, the two sources said. It sells a food service robot, Servi, developed by California-based Bear Robotics, that can carry food to diners.</p>\n<p>PURE INVESTING</p>\n<p>The underperformance at SoftBank Robotics came to a head last year as the downturn forced Son to change strategy, selling assets to stabilise the group’s balance sheet and pushing portfolio companies to prioritise cash generation.</p>\n<p>SoftBank Robotics embarked on a global restructuring, reported by Reuters last month, that includes plans to cut half of its Paris-based workforce.</p>\n<p>The business is nearing profitability and listing is a possibility, Yoshida said.</p>\n<p>The conglomerate has been shifting to pure investing through its Vision Fund and has sold down majority stakes in firms like Boston Dynamics. It continues to take smaller stakes in robotics related businesses.</p>\n<p>SoftBank has struck sales deals with partners such as Iris Ohyama in Japan and RobotLAB in the U.S. There is a niche market for selling Pepper to corporate clients and in education, Elad Inbar, CEO of RobotLAB, said in an interview.</p>\n<p>“Our job in this ecosystem is to show that there is market demand,” he said.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SoftBank's robotics ambitions short circuit as Pepper loses power</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSoftBank's robotics ambitions short circuit as Pepper loses power\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-21 15:21 GMT+8 <a href=https://www.reuters.com/article/softbank-group-pepper/focus-softbanks-robotics-ambitions-short-circuit-as-pepper-loses-power-idUSL3N2OC3HG><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>TOKYO, July 21 (Reuters) - When SoftBank Group Corp’s CEO Masayoshi Son unveiled the wide-eyed android Pepper in 2014, he painted a vision, once confined to science fiction, of a new era of personal ...</p>\n\n<a href=\"https://www.reuters.com/article/softbank-group-pepper/focus-softbanks-robotics-ambitions-short-circuit-as-pepper-loses-power-idUSL3N2OC3HG\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SFTBY":"软银集团"},"source_url":"https://www.reuters.com/article/softbank-group-pepper/focus-softbanks-robotics-ambitions-short-circuit-as-pepper-loses-power-idUSL3N2OC3HG","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161131573","content_text":"TOKYO, July 21 (Reuters) - When SoftBank Group Corp’s CEO Masayoshi Son unveiled the wide-eyed android Pepper in 2014, he painted a vision, once confined to science fiction, of a new era of personal robots in which his company would be the industry leader.\nThat vision, and the company’s expectations of demand for Pepper, proved overly optimistic, two sources familiar with the matter said. Seven years later, Pepper is clinging to life, with production shuttered and units cobbled together with out-of-date components.\nSoftBank will end sales of new Pepper units in 2023 at the latest as those parts become obsolete, according to the minutes of an internal meeting held in Paris in late May and reviewed by Reuters. Sales of refurbished units will continue after this point, management told staff.\nThe company disputed the meeting minutes, and Kazutaka Hasumi, chief marketing officer of SoftBank Robotics, told Reuters the company is committed to ensuring Pepper survives in some form, perhaps with a new design.\n“We will still be selling Pepper in five years,” Hasumi said.\nThe humanoid was custom designed for SoftBank by Aldebaran, a French robotics startup it acquired in 2012. Son hoped Pepper would transform robots from a factory tool into an everyday companion, just as computers had moved from offices into homes and pockets.\nBut Pepper’s appeal was limited by its basic functionality: it can make rudimentary conversation, engage in simple interactions through its chest-mounted tablet and sing while gesturing. It would frequently break down, the two sources said.\n“Pepper wasn’t upgraded to take on real tasks. There was very little Pepper could do that you can’t do with an iPad,” said Morten Paulsen, head of Japan research at CLSA.\nRetailing for 198,000 yen ($1,800) plus a 14,800 yen monthly fee, Pepper was out of reach for most households, and SoftBank was quickly forced to focus on businesses. Pepper was met with some early enthusiasm in that sector; shops and restaurants offered a more predictable environment where the robot could be programmed for tasks such as greeting customers.\nBut poor relations between Tokyo and Paris hurt Pepper’s development, according to the sources familiar with the matter, and two others. All of the sources spoke on condition of anonymity as they were not permitted to speak to the media.\nSoftBank propped up Pepper’s sales in the early days deploying units in its mobile phone stores said two of the sources. 27,000 units were eventually produced, one of the two sources familiar with the matter said.\nNow, sales of Pepper have slumped to less than 100 units in some months, according to documents reviewed by Reuters.\nProduction at a Foxconn factory in China was stopped last year as the number of unsold units mounted and the line has since been shut down, the documents show.\nSoftBank has fewer than 2,000 Pepper units left, according to the documents. The heavy batteries that power the robot are decaying and the chest-mounted tablets run on an out-of-date Android operating system without the latest security updates, one of the sources said.\nELECTRIC DREAMS\nSon, a self described “big talker”, has a track record of achieving the unlikely, breaking up Japan’s telecoms duopoly and securing $60 billion in Middle Eastern oil money for his Vision Fund.\nThe billionaire also has an eye for hits, famously bringing Apple’s first iPhone to the Japanese market. But when his company launched Pepper, it had little experience designing and building products - let alone androids.\nAnd the expected market never materialised. Even as Pepper helped spread SoftBank’s name around the world, some customers were returning it when lease periods ended.\nTwo years ago SoftBank made a major attempt to reboot its robotics business with the launch of Whiz, an automated vacuum cleaner.\nSales staff struggled to persuade customers to pay $500 monthly for a product that could only clean open spaces and would break down, two other sources said.\nDemand for Whiz has been boosted by the pandemic, with orders for 8,000 units in the April-June quarter, said Kenichi Yoshida, chief business officer at SoftBank Robotics.\nSoftBank has considered other robot products, including one that makes ramen, the two sources said. It sells a food service robot, Servi, developed by California-based Bear Robotics, that can carry food to diners.\nPURE INVESTING\nThe underperformance at SoftBank Robotics came to a head last year as the downturn forced Son to change strategy, selling assets to stabilise the group’s balance sheet and pushing portfolio companies to prioritise cash generation.\nSoftBank Robotics embarked on a global restructuring, reported by Reuters last month, that includes plans to cut half of its Paris-based workforce.\nThe business is nearing profitability and listing is a possibility, Yoshida said.\nThe conglomerate has been shifting to pure investing through its Vision Fund and has sold down majority stakes in firms like Boston Dynamics. It continues to take smaller stakes in robotics related businesses.\nSoftBank has struck sales deals with partners such as Iris Ohyama in Japan and RobotLAB in the U.S. There is a niche market for selling Pepper to corporate clients and in education, Elad Inbar, CEO of RobotLAB, said in an interview.\n“Our job in this ecosystem is to show that there is market demand,” he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":165,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176933582,"gmtCreate":1626852806846,"gmtModify":1703479299996,"author":{"id":"3583099804491703","authorId":"3583099804491703","name":"J5050","avatar":"https://static.tigerbbs.com/696e7cbb7e7d1c3bbbbc28f50d995831","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583099804491703","authorIdStr":"3583099804491703"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/176933582","repostId":"1151834311","repostType":4,"isVote":1,"tweetType":1,"viewCount":195,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176992470,"gmtCreate":1626852264690,"gmtModify":1703479291733,"author":{"id":"3583099804491703","authorId":"3583099804491703","name":"J5050","avatar":"https://static.tigerbbs.com/696e7cbb7e7d1c3bbbbc28f50d995831","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583099804491703","authorIdStr":"3583099804491703"},"themes":[],"htmlText":"Can check","listText":"Can check","text":"Can check","images":[{"img":"https://static.tigerbbs.com/eb333cb137bd7a91ae14931becc5a259","width":"1080","height":"3207"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/176992470","isVote":1,"tweetType":1,"viewCount":223,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}
