Early reference for future business | Byte is shrinking its game business on a large scale, Kuaishou sends recruitment posters to welcome Byte game employees, and Alibaba Damo Academy is dismantling its quantum laboratory | Every Economic Network

daily economic news

2023-11-28 09:41:47

◎”Every Future Business Think Tank” regularly shares “Future Business Morning Reference” every day, focusing on e-commerce/new consumption, logistics/supply chain, life services, and future business innovation and venture capital fields, in the form of “events + short comments” , gain insight into future business development trends.

Every reporter Liu Xuemei Every editor Li Zhuo

Tuesday, November 28, 2023

1. Byte has shrunk its game business on a large scale and established a new department to focus on the AI ​​application layer.

According to a news report on November 27, one of the six major BUs of ByteDance, responsible for the game business, will undergo a large-scale business contraction. A reporter from “Daily Economic News” learned that Chaoxiguangnian will divest the games that have been online and perform well while ensuring operations; for projects that are not currently online, except for a small number of innovative projects and related technology projects, all projects will be divested. stop. According to 36Kr, it was learned from multiple independent sources that ByteDance has recently established a new AI department, Flow, and the technical person in charge is Hong Dingkun, Vice President of ByteDance Technology. In the byte circle, social recruitment has also begun for some time. In the post, it stated that it is ByteDance’s AI innovation business team, which “has currently launched two products, Doubao and Cici, domestically and overseas respectively, and has multiple AI-related innovative products incubation.”

Comments:This may reflect ByteDance’s strategic adjustment to the game market and its emphasis on the AI ​​field. The contraction of the game business may be to optimize resource allocation and improve operational efficiency, but it may also cause investors to worry about the company’s competitiveness and prospects in the game market. The newly established AI department may bring new growth opportunities and competitive advantages to the company, but there are also certain risks and uncertainties. This move may arouse public attention and discussion on ByteDance’s strategic adjustment and future development direction.

2. Kuaishou issued recruitment posters to welcome Byte Game employees

According to Sina Finance, on November 27, ByteDance officially announced that its gaming business will undergo large-scale business contraction in the coming years. According to reports, on the afternoon of the 27th, Kuaishou’s game company Snapzhi Universe released a recruitment poster welcoming Byte Zhaoxi Guangnian students to join. The job cities include Hangzhou, Shanghai, Guangzhou, and Beijing. The HR staff of other game manufacturers are not idle either and are already preparing to recruit people. It is reported that the game publisher FunPlus HR posted on WeChat Moments that “it has arrived on the battlefield.” In the picture, you can see the four characters and logo of Chaoxi Guangnian. In addition, NetEase HR posted in a circle of friends saying, “If you have time or not, come down and chat.”

Comments:Kuaishou welcomes Byte Games employees to join, reflecting the fierce competition and talent flow in the current gaming industry. ByteDance’s large-scale reduction of its gaming business may cause more talents to flow to other gaming companies and intensify competition in the industry. Kuaishou can take this opportunity to attract more gaming talents and enhance its competitiveness. At the same time, other game manufacturers are also actively preparing to recruit people, which shows that the competition for talents in the industry will become more intense. This incident is representative of the changing and increasingly competitive trends in the gaming industry.

3. Alibaba Damo Academy has abolished its quantum laboratory and will develop it in coordination with Zhejiang University

On November 26, Alibaba responded that in order to further promote the coordinated development of quantum technology, DAMO Academy has teamed up with Zhejiang University to develop quantum technology, donated quantum laboratories and transferable quantum experimental instruments and equipment to Zhejiang University, and donated them to other universities and Scientific research institutions are opening up. Caixin said that Zhejiang University will adopt “two-way selection and open recruitment” for placement of employees in the Quantum Laboratory of DAMO Academy. After investing in research for nearly 10 years, Alibaba, as one of the first technology companies in China to invest in quantum computing, has decided to return quantum computing research to scientific research institutions in an environment where large manufacturers are generally “reducing costs and increasing efficiency.”

Comments:Alibaba Damo Academy has abolished its quantum laboratory and will develop it in coordination with Zhejiang University, which shows a new trend of cooperation between enterprises and scientific research institutions to promote the development of quantum technology. The impact of this move on Alibaba’s stock price may be limited, as the company emphasizes that it is to return to its scientific research institutions rather than cut back on its core business. For the industry, this will help promote the research, development and application of quantum technology and inspire more companies to participate. The society has responded positively to this and believes that this is a model of collaborative innovation between enterprises and scientific research institutions.

4. Youzan White Crow: Gradually open up open source technology research and development experience, code, tools, etc.

According to news on November 27, at Youzan’s 11th anniversary “Intelligent Operations” conference, Youzan founder and CEO Bai Ya announced 5 Youzan open strategies, which mentioned that more product designs and technologies will be gradually open sourced. R&D experience, code, and tools encourage more peers to work together to provide customers with a relatively consistent product experience. In addition, system information and data that do not involve legal issues and are needed by customers are actively communicated with peers; in addition to existing basic systems, new customer needs are given priority by partners and developers, and must not be done by ourselves. .

Comments:Youzan gradually opens up its open source technology research and development experience, code, tools, etc., showing Youzan’s positive attitude in promoting industry cooperation and openness. This move may have a positive impact on Youzan itself and the entire industry. Investors’ reaction to this news may depend on the actual execution and market reaction to Youzan’s opening strategy. The move may represent an industry trend in the SaaS industry that increasingly focuses on openness and sharing.