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On January 12th, Baisheng Intelligent announced that it recently signed a "Strategic Cooperation Agreement on Parking Lots" with Baolong Group, with a planned total cooperation amount of 200 million yuan. Baolong Group and its affiliated companies own commercial parking lot operation rights/ownership nationwide. To effectively manage parking spaces and improve parking service and management levels, they need to cooperate with professional operating companies to operate parking lots. Baisheng Intelligent and its affiliated companies are integrated parking solution operators specializing in parking and new energy vehicle charging operation management, and can undertake the systematic operation of commercial parking lots.Tianhe Defense: The companys radio frequency devices and chip products can be used in the field of satellite communications.On January 12th, Tmall released its "2025 New Brand Development Report." Regionally, Guangzhou, Shenzhen, Jinhua, Hangzhou, Quanzhou, Xiamen, Wuhan, Xuzhou, Dongguan, and Zhengzhou saw the most new merchants, becoming Tmalls top 10 cities for brand creation in 2025. Guangzhou continues to lead in entrepreneurial vitality, ranking first for three consecutive years, with over 18,000 new stores opening in Guangzhou in 2025, double the number in 2023.January 12th - Today, Jia Yueting, founder of Faraday Future, announced that FF will hold the final launch of its first batch of embodied intelligent robot products at the NADA North American Automotive Dealer Conference on February 4th, and simultaneously launch sales.On January 12, it was reported that on January 8, Vice Minister of Finance Liao Min met with former Canadian Prime Minister Jean Chrétien in Beijing to exchange views on China-Canada relations, China-Canada economic and trade relations, and two-way investment. Liao Min stated that China is willing to work with Canada to implement the important consensus reached by the leaders of the two countries, resume and restart dialogue and cooperation in economic and financial fields, and promote the healthy, stable, and sustainable development of China-Canada relations and China-Canada economic and trade relations. Chrétien positively appraised the current positive momentum in Canada-China relations, believing that the stable development of Canada-China relations is in the interests of the people of both countries. He noted that the economies of Canada and China are highly complementary and have broad prospects for cooperation, and expressed his willingness to continue contributing to the development of Canada-China relations and Canada-China economic and trade relations.

According to Investors, A Judge Decides Musk's Statements on Taking Tesla Private were Untrue

Charlie Brooks

Apr 18, 2022 09:56

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Investors in the electric vehicle company requested U.S. District Court Judge Edward Chen in a Friday filing to halt the celebrity entrepreneur's "public effort to construct a conflicting and misleading narrative about" his 2018 tweets.


Musk stated on Thursday that sufficient finance had been acquired to take Tesla private in 2018. He reached a settlement with US securities authorities over what the agency determined to be fraudulent representations, paying penalties and agreeing to have certain of his tweets approved by a lawyer before publishing.


The court docket on April 1 did not include the ruling.


These are the issues at stake in a May jury trial in which investors are seeking damages for the tweets.


Musk "has utilized his celebrity and reputation to manipulate public opinion in his favor, waging war in the press after being beaten in the trial," according to the complaint.


Musk's new statements, it argued, risk confounding prospective jurors and prejudicing a jury's determination of the amount of damages due by Musk.


Musk is attempting to have his deal with the SEC voided, claiming that the agency has been harassing him with probes.


On Saturday, Alex Spiro, a lawyer for Musk and Tesla, said that Musk was exploring taking Tesla private in 2018 and had secured finance for the endeavor. "Now, a half-decade later, all that remains are random plaintiffs' attorneys looking to make a bank and others attempting to prevent the truth from coming to light, all to the harm of free expression," he added.

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