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Scientists Unleash Incredibly Fast Electric Motor Spinning at 100,000 RPM!

<h2>Scientists Develop Incredibly Fast Electric Motor!</h2> <p>Electric vehicles are really taking off, and the tech powering them is evolving at lightning speed too. Engineers in Australia just unveiled an electric motor that spins like nothing you've ever seen before.</p> <p>As more electric cars hit the roads, finding the materials to make their motors is getting tougher. That's why researchers have been on a mission to build motors that can do more with less. The key is getting them to spin super fast - the quicker they whirl, the smaller and more efficient they can be.</p> <h3>Meet the Speed Demon Motor</h3> <p>Researchers at the University of New South Wales have cracked the code and created an electric motor that reaches an absolutely bonkers 100,000 revolutions per minute! To put that in perspective, most motors top out around half that speed.</p> <p>Dr. Guoyu Chu, who led the team, explained that getting motors to spin this quick is a total game-changer. "It means we can make them more compact without sacrificing power," he explained. "Smaller motors mean electric cars can go farther on a single charge."</p> <h3>Pushing the Limits</h3> <p>This revolutionary motor cranks out an amazing 7 kilowatts of power per kilogram - way more than traditional designs. That kind of zip makes it the speediest of its kind ever built from commercial materials. Talk about beating the record!</p> <p>While it might take some fine-tuning, Dr. Chu believes with a bit more work, this tech could be putting the pedal to the metal in Teslas within a year or so. That's how fast innovation is moving as scientists unlock new frontiers in transportation.</p> <h3>Why Faster is Better</h3> <p>You might be asking - why does speed even matter for an electric motor? Well, the harder it spins, the greater the torque it can produce. Think of torque like a twisting force. With the same torque applied, a higher-revving motor needs less bulk to do its job. Less bulk means less materials and lower costs all around.</p> <p>As our transportation goes electric, brilliant minds worldwide are powering ahead to the future. The speed demon motor proves how each new breakthrough builds on the last to accelerate our journey to emissions-free travel.</p>

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Young Talent Shines as Local Football Club Wins Exciting Home Match

<h2>Local Amateur Football League Match Report</h2> <p>On the night of October 29th, fans filled the stands at the Guiyang Olympic Sports Center for an exciting meeting of Guizhou teams in the local D-League. Guizhou Ju Yuan faced off against Zhongfu Kefu in the third match of the evening.</p> <h3>First Half Action</h3> <p>Guizhou Ju Yuan came out of the gates firing, with midfielder Su Yuanpeng placing a clever shot just inside the far post to open the scoring in the 15th minute. They continued to press but couldn't find a second goal before the half.</p> <p>Zhongfu Kefu struggled to get a foothold in the match early on. Striker Zou Xianfeng saw little of the ball up front. Their best chance fell to winger Wang Yongjia just before the break but his shot sailed over the bar.</p> <h3>Second Half Substitutions Spark a Goal</h3> <p>Both managers looked to change things up at halftime. Guizhou Ju Yuan brought on Zhao Junnan who would make an immediate impact. Just five minutes into the second half, Zhao collected a pass inside the area and smashed home a powerful finish to double his team's lead.</p> <p>Zhongfu Kefu rolled the dice with multiple attacking substitutions of their own. Striker Hu Aijun and midfielder Zhou Yusong came on but struggled to generate clear opportunities on goal against the organized Ju Yuan defense.</p> <h3>Man of the Match</h3> <p>For his well-taken opening goal and tireless work rate all over the pitch, Su Yuanpeng was deservedly named Man of the Match. The midfielder was a constant threat and helped his team dominate possession for large stretches of the game.</p> <p>With the 2-0 victory, Guizhou Ju Yuan move up to fifth place in the D-League table. Zhongfu Kefu will look to bounce back in their next match after a disappointing result on home turf. Both sides now look ahead to their next matches after an entertaining Monday night clash.</p>

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Will Phil Heath's Legendary Career Lead to Success in the Sports Nutrition Industry?

<h2>MuscleTech Ends Partnership with Pro Athlete Phil Heath</h2> <p>Recently, MuscleTech, one of the biggest sports nutrition companies in the US, has decided to stop working with famous IFBB pro Phil Heath. Phil Heath was a well-known spokesman for MuscleTech.</p> <p>Now, Phil Heath has started his own company called GFitted Nutrition. He will be in charge of running the new company. It will be interesting to see if his success on the bodybuilding stage leads to success in business too.</p> <p>As a top bodybuilder, Phil Heath won Mr. Olympia, bodybuilding's most prestigious title, an amazing seven times! Not many athletes can say they were champions that many times. However, being the boss of your own business is very different than competing. There is a lot more pressure to make the business profitable.</p> <p>Phil Heath's huge fan base from bodybuilding will hopefully support his new nutrition brand. We'll have to wait and see how GFitted Nutrition does. All his loyal fans will no doubt be rooting for him and hoping he finds the same achievement running a company as he did winning contests. Only time will tell if he can translate his fame and drive into business success.</p> <p>What do you think - will Phil Heath's legendary career in bodybuilding help make GFitted Nutrition a hit? We're keeping our fingers crossed that his hard work and determination lead to success in this new chapter. Good luck, Phil!</p>

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Discover 3 Easy Aerobic Exercises and Everyday Tasks to Burn Calories and Lose Weight

<h2>Simple Ways to Exercise for Weight Loss</h2> <p>Many people today enjoy having a slim figure and regularly working out at the gym. However, some worry about finding time for the gym in their busy schedules. Luckily, there are simple exercises you can do anywhere as part of an everyday weight loss routine.</p> <h3>Gentle Aerobic Exercise for Weight Loss</h3> <p>Aerobic exercise is a low-intensity activity that burns a modest number of calories. Activities like table tennis, where you burn about 2000 calories over 2-3 hours, qualify as moderate aerobic exercise. These gentle workouts utilize larger muscle groups for sustained periods.</p> <p>When done regularly, aerobic exercise delivers numerous health benefits. It improves lung and heart function while raising the body's red blood cell count. This enhances endurance and the body's ability to fight diseases. Aerobic exercise also promotes fat burning and prevents issues like hardening of the arteries.</p> <p>Popular aerobic activities include brisk walking, light jogging, swimming, cycling, and dancing. Aim for three 20-30 minute sessions per week. Intensity varies by age - those in their 20s-30s should maintain a heart rate around 140 beats per minute during exercise.</p> <h3>Everyday Weight Loss Exercises</h3> <p>Fortunately, you can burn calories through regular household chores. Sweeping or vacuuming engages the legs, while washing dishes targets the arms. Tasks like carrying groceries up stairs involve full-body movement. Even taking the stairs instead of the elevator adds more calorie-burning steps to your day.</p> <p>Simple lifestyle changes like adding extra activity to your daily routine can help achieve weight loss goals slowly over time. No gym membership required - just find fun ways to be active wherever you are.</p>

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Samsung Unveils Specs and Prices for Domestic Release of Galaxy S23 Series in China

<h2>Samsung Announces Domestic Launch of Galaxy S23 Series in China</h2> <p>Earlier this month, Samsung released their new Galaxy S23 lineup globally which includes the Galaxy S23, Galaxy S23+, and the Galaxy S23 Ultra. All models are equipped with the Qualcomm Snapdragon 8 Gen 2 processor and do not have Exynos variations. Samsung later announced that the Chinese models will have their official domestic launch today, February 14th, where the final retail prices will also be revealed.</p> <p>In terms of design, the Galaxy S23 series comes in the S23, S23+, and S23 Ultra with 6.1-inch, 6.6-inch, and 6.8-inch center-hole punch displays respectively. The Ultra model has a 2K resolution and adaptive refresh rate from 1-120Hz on a curved screen, while the other two have FHD+ resolution and 48-120Hz refresh rates. All three models share the same simple square-shaped camera module design from the S22 Ultra on the back. Color options for the S23/S23+ include Mint Green, Phantom Black, Cloud Purple, and Cloud White along with Bora Purple and Grey Green exclusive to Samsung stores in China. The Ultra adds Lake Blue and Burgundy Red as exclusive colors as well.</p> <p>Under the hood, all new Samsung Galaxy S23 phones will use an overclocked Snapdragon 8 Gen 2 chipset manufactured by TSMC using their 4nm process. This processor operates at 3.36GHz which is faster than the standard 3.2GHz chip, and also has an improved GPU speed. The main cameras include a 12MP selfie cam along with various rear camera configurations depending on the model, including upgraded sensors and improved zoom capabilities on the Ultra. Batteries range from 3900mAh to 5000mAh depending on size.</p> <p>Pre-order pricing shows the S23 at CNY5,699/6,199/6,999, S23+ at CNY7,499/8,499, and S23 Ultra from CNY9,499 to CNY13,199 depending on storage and RAM options. However, these introductory prices may differ from eventual retail prices which will be revealed today at the official domestic Chinese launch event.</p>

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Will Google Face Major Changes? DOJ Antitrust Lawsuit Officially Commences in D.C.

<h2>Antitrust Lawsuit Against Google Officially Opens in Washington D.C.</h2> <p>According to reports in the foreign media, the U.S. government's antitrust lawsuit against Google officially commenced this past Monday in Washington D.C. Experts consider this one of the largest antitrust trials against a technology company in recent years.</p> <p>The U.S. Department of Justice has accused Google of abusing its dominant position in the search engine market to entrench its power through a series of unfair business deals. Specifically, Google is alleged to have paid Apple and Mozilla to be the default search engine on their browsers. The Department believes this has stunted competition in the search engine sector and squeezed out rivals.</p> <p>Google has defended itself by arguing it became the top search engine due to the quality of its products and services, not improper behavior. Google's lawyers pointed out that while Microsoft also pays to be the default search engine on Windows, this did not prevent Google from becoming the search market leader.</p> <p>During the court hearing, the Department of Justice cited numerous Google internal emails and memos as evidence that the company highly valued default search placement. However, Google claims these documents have been taken out of context and blow the issue out of proportion.</p> <p>Experts say the case outcome is difficult to predict. It has become rare in recent years for antitrust lawsuits to force major technological changes in a company. There is also debate around whether Google search users have truly been harmed, given it is a free service. </p> <p>The trial is expected to last several months. If Google were found to have violated antitrust laws, it could significantly impact their business model going forward.</p>

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Vivo's Upcoming Flagship X100 Series to Debut MediaTek's Powerful New Dimensity 9300 Chip

<h2>Vivo's Next Flagship Series to Debut MediaTek's Latest Chip</h2> <p>MediaTek recently launched their Dimensity 9200+ mobile platform, which has since been adopted by many phone models. It achieved an AnTuTu benchmark score surpassing 1.36 million, making it currently the most powerful Android chip on the market. However, MediaTek has now confirmed some key details about their next flagship chip, the Dimensity 9300.</p> <p>According to digital blogger @Digital Chat Station, vivo's new X100 series will be the first devices to feature this new chip. The Dimensity 9300 utilizes ARM's latest Cortex-X4 and Cortex-A720 cores for high performance. The blogger also shared that the X100 series will consist of three phones - the vivo X100, X100 Pro, and higher-end X100 Pro+. The X100 and X100 Pro will use the Dimensity 9300, while the powerful X100 Pro+ is rumored to pack Qualcomm's upcoming Snapdragon 8 Gen 3 processor.</p> <p>Not much else is known about the vivo X100 series yet. But past vivo flagship phones like the X90 series debuted with top-of-the-line chips at the time, such as the Dimensity 9200. This chip delivered improved performance over previous generations with its 11-core Immortalis-G715 GPU. Vivo phones also include the company's own V imaging chip for strong camera capabilities. The new X100 series is expected to advance even further in areas like performance, photography, and fast charging.</p> <p>Industry insiders say the vivo X100 series launch may happen before year-end. These new phones promise to showcase MediaTek and Qualcomm's latest flagship silicon. We'll provide more updates as additional details emerge.</p>

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Apple Phones Struggle to Excite China as Market Share Plunges

<h2>Apple Phones Face Cooler Reception in China as Challenges Mount</h2> <p>On September 14th, Apple's newly released iPhones did not generate as much excitement among Chinese consumers as in previous years, marking the latest sign that the company is facing increasingly difficult challenges in one of its largest markets.</p> <p>According to reports, the challenges Apple faces in China have become more pronounced. The company is attempting to reduce its manufacturing dependence and supply chain reliance on China by shifting production of more iPhones to India, another country with a population over 1 billion. Apple aims to open additional stores in India and expand its market share there.</p> <p>Last week, Apple rolled out an emergency security update to patch vulnerabilities in its operating system that had allowed the Israeli spyware Pegasus, created by the NSO Group, to infect iPhones and iPads.</p> <p>In recent years, America's efforts to restrict companies like Huawei from accessing strategic technologies have significantly altered the smartphone landscape. In the first half of 2020, Huawei achieved iPhone-level market share for high-end phones in China. But by the second quarter of 2023, iPhones accounted for 65% of the market compared to 18% for Huawei phones.</p> <p>Last week, Huawei introduced a new smartphone to compete at the high end. Renowned Apple analyst Ming-Chi Kuo estimates shipments of Huawei's new Mate 60 Pro for the second half of this year could reach 6 million units, around 20% more than initially projected. He also forecasts cumulative shipments within a year of its launch could surpass 12 million units.</p> <p>According to data from market research firm Canalys, China's total smartphone shipments (including high and low-end models) declined 5% year-over-year to 64.3 million units in the second quarter of 2023. Apple ranked third with iPhone shipments of 10.4 million units.</p> <p>Figures from TechInsights indicate that based purely on iPhone shipments, China overtook other regions to become Apple's largest market globally for the first time in the second quarter.</p> <p>Huawei's comeback poses a threat to Apple's dominance. In an online poll on Weibo asking "Will you ditch the iPhone for a Huawei phone this year?", over 40% of nearly 200,000 respondents signaled they would consider it.</p> <p>Shanghai lawyer Dan Yiren, 40, said he had used his iPhone 12 Pro Max for over three years and was looking to upgrade to the 512GB iPhone 15 Pro Max, which costs around $1,650 in China. While he prefers iPhones for the ease of transferring data and settings to new devices, Huawei's emerging satellite communication functionality has also piqued his interest. He mentioned, "Huawei's high-end models offer reasonable prices compared to Apple, so I'm considering getting one as a backup to try out the satellite feature in support of Huawei."</p> <p>Apple has achieved significantly higher success recently in other rising markets, especially India, where it hopes to offset declining Chinese sales. During an earnings call in August, Apple CEO Tim Cook stated that India delivered another record quarter. "India represents the world's second largest smartphone market, although our market share remains very small," said Cook, who recognized this situation presents "a huge opportunity."</p> <p>It is reported that Apple has been working vigorously to accelerate iPhone production timelines in India to close the gap from manufacturing in China. The company began locally assembling select iPhone models in 2017 to circumvent import duties from China and reduce customer prices. In April, Apple opened its first Indian retail store, with Cook attending the inauguration.</p> <p>However, less expensive Android smartphones have tended to dominate in India due to the population's relatively lower incomes. Data from Counterpoint Research estimates Apple could achieve a 5% share of India's overall smartphone market this year, up from 1% in 2019.</p>

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Nio Delivers Nearly 6,000 EVs in January 2023

Nio Delivered 6,016 Vehicles in January 2023 On February 2nd, Nio Automobile recently announced its January 2023 sales figures. The data showed that Nio delivered 6,016 vehicles in January. As of January 2023, Nio's cumulative deliveries reached 254,065 vehicles. In terms of specific models, Nio V series deliveries were 3,487 vehicles, Nio U series deliveries were 1,012 vehicles, and Nio S deliveries were 1,517 vehicles. Last December, deliveries of the Nio S sedan began, marking Nio's official entry into the mainstream market segment of 200,000 to 300,000 yuan. Positioned as a mid-size sports sedan, the Nio S price ranges from 199,800 to 338,800 yuan. It comes in pure electric and extended range versions, with the pure electric version providing a CLTC driving range of 650 km or 715 km. In addition, the Nio S is equipped with Nio's independently developed NETA SPACE intelligent cabin system and a high-performance Qualcomm Snapdragon 8155 automotive-grade chip to support powerful computing capabilities and expand intelligent cabin applications. In January, Nio previously signed a cooperation agreement with CIIC Intelligent Chassis with Ningde Times, a wholly-owned subsidiary of Times EV. The two parties will cooperate on the CIIC Intelligent Chassis project and the first vehicle equipped with CIIC may debut as early as late 2024. Nio stated that the CIIC Intelligent Chassis will help Nio's products reach new levels in terms of driving range, safety and intelligent driving through the implementation of various innovative technologies, providing users with electric vehicles that are safer, more comfortable and controllable.

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China Xin Nano Technology Reports Strong Growth in Revenue and Profits for 2020

On April 6th, China Xin Nano Technology (838172) recently released its 2020 annual report. During the reporting period, the company achieved operating revenue of 250,419,616.14 yuan, an increase of 15.41% year-on-year; attributable to listed companies' net profit of 32,782,431.78 yuan, an increase of 25.16% year-on-year. During the reporting period, the net cash flow from operating activities was 12,196,212.24 yuan. As of the end of 2020, the net assets attributable to shareholders of listed companies was 148,621,532.72 yuan. During the reporting period, selling expenses for the current period increased by 726,613.51 yuan, an increase of 32.13% year-on-year. This was mainly due to the company gradually adjusting its marketing strategies in response to changes in national policies and external environment, as well as increasing investment in market activities and product promotion. Management expenses for the current period increased by 3,118,636.56 yuan, an increase of 70.55% year-on-year, mainly due to the increase in amortization of intangible assets in management expenses. Other income for the current period increased by 755,575.42 yuan, an increase of 755.58% year-on-year, mainly due to the increase in government subsidies during the period compared with the same period last year. Extraordinary expenses for the current period increased by 115,724.72 yuan, an increase of 100.43% year-on-year, mainly due to donations for "epidemic prevention" made by the company during the epidemic period. During the period, financial expenses were 3,786,566.36 yuan, compared to 901,535.11 yuan for the same period last year, an increase of 320.01% year-on-year, due to increased exchange losses from exchange rate fluctuations. According to Wi-ba information, China Xin Nano Technology's main business is in the semiconductor discrete device industry. The company produces semiconductor discrete devices or semiconductor chips through acquiring silicon wafers, glass powder and other raw materials and utilizing self-developed diffusion, deposition, glass tempering, packaging, testing and other key technologies.

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Major Shareholder of Qingniao Fire Pledges Shares to Raise Funds for Business Expansion

<h3>Beiwai Network Announces Share Pledge by Major Shareholder of Qingniao Fire</h3> <p>According to reports from Beiwai Network on March 16th, Beijing Beida Qingniao Huanyu Technology Co., Ltd., the controlling shareholder of Qingniao Fire (stock code: 002960), pledged 6.85 million shares to Dongbei Securities Co., Ltd. for business needs.</p> <p>This time, 6.85 million shares were pledged, accounting for 7.46% of the shares it holds in the company and 2.78% of the total share capital of the company. The pledge period is from March 15, 2021 to August 31, 2022.</p> <p>The announcement shows that Beijing Beida Qingniao Huanyu holds a total of 91,836,720 shares in the company, accounting for 37.30% of the total shares of the company. After the completion of this share pledge, the total number of shares in the company that are under pledge held by Beijing Beida Qingniao Huanyu is 30,550,000 shares (including the number of shares pledged this time), accounting for 33.27% of the shares it holds and 12.41% of the total share capital of the company.</p> <p>The company's 2020 annual performance flash report shows that the net profit attributable to shareholders of the listed company in 2020 was 429,352,503.33 yuan, an increase of 18.53% over the same period last year.</p> <p>Beiwai Network data shows that Qingniao Fire's main business is the research, production and sales of "one-stop" fire safety system products, and will take this as the basis to actively expand into related fields such as security and the Internet of Things, fully utilizing technologies such as AI, big data and cloud computing, to further enhance product performance, compatibility, intelligence and applicable scenarios, so as to achieve the global goal of "fire safety + Internet of Things".</p>

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Former OpenAI CEO Sam Altman Relieved of Position Following Communication from Board

Here is the translated article into English: According to a post by Greg Brockman, the former president and co-founder of OpenAI (who left the company today), on November 18th, Sam Altman, the former CEO of OpenAI, was relieved of his position. Here are the key details that have emerged so far according to reports: Last night, Sam received a text message from OpenAI's chief scientist Ilya Sutskever requesting a meeting on Friday at noon. Sam attended a Google Meet conference call where the entire board was present except for Greg. Ilya told Sam that he would be fired and the news would soon get out. At 12:19 PM, Greg received a text message from Ilya asking him to call back urgently. At 12:23 PM, Ilya sent a Google Meet link. Greg was informed that he would be removed from the board (but that he was critically important to the company and would retain his position), and that Sam had been fired. Around the same time, OpenAI published a blog post. The management team soon realized this, except for interim CEO Mira Murati, who found out the night before.

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Nvidia Stock Hits Record High Ahead of Earnings as AI Focus Returns with OpenAI Executive Departure

Nvidia is slated to report its fiscal third quarter results after the market close on Tuesday, with Wall Street eagerly awaiting an update on the fundamentals behind the artificial intelligence hype. The chipmaker's stock hit a record high of $504.09 per share on Monday, with AI back in investor focus amid Sam Altman's departure from ChatGPT-maker OpenAI for Microsoft. With Nvidia positioned as the face of the 2023 AI story, expectations remain high for the chip juggernaut. Here's what Wall Street expects for Nvidia's third quarter results, per Bloomberg data compiled by Yahoo Finance compared to last year: - Revenue: $5.93 billion expected vs. $5.93 billion last year - Adjusted EPS: $0.58 expected vs. $0.58 last year - Data Center Revenue: $3.83 billion expected vs. $3.83 billion last year - Gaming Revenue: $1.57 billion expected vs. $1.57 billion last year Investors will also look for the company's revenue outlook, with the Street expecting fourth quarter guidance around $6.52 billion. The company has delivered its biggest guidance surprises for investors on the topline in 2023. In August, Nvidia posted second quarter results that topped Wall Street's expectations for revenue and EPS, while providing guidance above the high end of estimates which sent shares to record highs. Back in May, one analyst called the company's forecast "epic guidance." But after the August report, shares have been volatile over the past few months as investors began to question Nvidia's valuation, and updated challenges around chip export restrictions cast doubt on assumptions around end market size. The company said in an SEC filing after announcing the new curbs that it does not expect an impact in the immediate term. Stifel analyst Ruben Roy, in a Yahoo Finance Live interview, said he expects similar commentary from Nvidia on Tuesday. "Our sense is there's still tremendous amount of demand globally. So certainly in the U.S., the large cloud service providers...we think will continue to be a huge opportunity for Nvidia. Even outside of the U.S. in areas like Europe, Japan, Korea, etc - there's a lot of AI activity taking place... We still think Nvidia's the best way to play that growth," Roy said. A key member of the 'Magnificent Seven' cohort of stocks powering the market this year alongside Apple, Google, Microsoft, Amazon, Meta and Tesla - Nvidia has risen over 70% collectively with those names so far in 2022, while the other 493 stocks in the S&P 500 are up just 6%. "This continues to be Nvidia's world," Evercore ISI Senior Managing Director Julian Emanuel warned on Sunday, telling investors to brace for "fireworks" in the stock no matter which way it trades following earnings.

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Meituan Considers Repurchasing Up To $1 Billion In Stock

On November 29, Meituan's Wang Xing said the board has authorized the repurchase of up to $1 billion worth of stock, but this will depend on the company's cash position as Meituan plans to invest in new initiatives and explore overseas investments. The share repurchase will begin on December 1. Starting December 1, 2023, pursuant to the general share repurchase mandate approved by the shareholders at the Company’s annual general meeting held on June 30, 2023 and any subsequent renewal or refresh of such general share repurchase mandate (if applicable) as may be approved by the shareholders from time to time, the Company may from time to time repurchase up to $1 billion worth of shares of the Company on the open market. Meituan released its third quarter 2022 earnings yesterday. Revenue for the quarter was RMB 76.47 billion, up 22.1% year-on-year from RMB 62.62 billion in the same quarter last year and above market expectations of RMB 76.09 billion. In its announcement, Meituan stated: “The Board believes that the Company’s current financial resources will enable it to implement the share repurchase while maintaining a healthy financial position.”

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Apple announces termination of partnership with Goldman Sachs, future of Apple Card uncertain

On November 29, according to the Wall Street Journal, Apple has asked Goldman Sachs to "exit the partnership agreement over approximately 12-15 months." Apple has yet to respond, while Goldman Sachs declined requests for comment from major media. Undoubtedly, this will affect its credit card and savings account services, including the "Apple Card" and "Apple Savings." Earlier reports claimed Goldman Sachs was seeking to get out of its dealings with Apple. Goldman claimed to have suffered huge losses on the Apple Card, with one executive saying: "We should never have signed the related contracts, it was a mistake." Goldman regrets the entire Apple Card partnership, losing over $1 billion on the business as of January this year (note: currently around 7.16 billion RMB). The fate of the Apple Card remains unclear, and it is not yet known if Apple has found a new issuer for the card. However, the Wall Street Journal suggests a few possibilities going forward. Reportedly, Goldman has already discussed transferring the project to American Express. But Amex expressed concerns about "several aspects of the plan, including its loss rate." Additionally, Synchrony Financial also considered taking over the Apple Card business.