ByteDance Executive Clarifies Profit Figures: Core Business Remains Strong, Growth Trajectory Intact

ByteDance's Vice President Li Liang addressed recent rumors of a sharp profit decline. He clarified that the figures were calculated under specific accounting standards, including non-operational factors like preferred shares, and do not reflect true operational performance. Excluding these, overall revenue and profit continue to grow, with core e-commerce and new businesses showing positive trends.

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AI Agents Redefine Trading: The Rise of On-Chain Operating Systems in Web3

At a recent Web3 summit, an industry executive highlighted that AI Agents are transforming trading behaviors, enabling users to conduct market operations via proxies. However, the industry lacks infrastructure balancing efficiency and security. An on-chain operating system is emerging to integrate trading, data, security, and settlement capabilities, providing a unified framework for AI Agent decision-making. Open ecosystems and infrastructure will empower users and reshape Web3 participation.

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Global Geopolitical Risks Cast Doubt on BOJ's April Rate Hike

Informed sources indicate the Bank of Japan is likely to hold rates steady at its April meeting amid heightened geopolitical uncertainty from the Middle East. Policymakers seek more time to assess the impact on inflation and growth, shifting market focus to a potential June policy shift.

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