Latest news with #JohnWu
Yahoo
5 days ago
- Business
- Yahoo
Why bitcoin could hit $300,000 next year
Crypto markets are lagging even as broader markets rally on trade optimism. Ava Labs president John Wu joins Market Domination host Josh Lipton to explain what investors should watch within the crypto space as uncertainty lingers. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. President Donald Trump announcing a trade deal with Japan on Tuesday, which includes a 15% tariff on imported goods and while markets jumped on the trade optimism, crypto markets, they've stalled here. John Woo, Ava Labs President with me now, discusses, what's next for the industry. John, it's good to see you. So, uh, you know, trade deals, of course, front and center today. Markets, I got green everywhere here, John, but Bitcoin is actually not taken part in the party. It's actually edging lower here. I am curious though, John, to the you know, the extent that, looking ahead, we get more clarity, John, more certainty around trade and tariffs. How would you expect that to kind of ripple through and affect crypto in the months ahead? Absolutely. It's great to see you again, Josh. So, um, I'm actually out in the Hamptons and there's a company called the Tie, which is a great data platform company in in crypto. Think of them as Bloomberg for crypto. And they put together 300 executives and C suite people from crypto, as well as traditional finance banks, uh, payment companies, fintech companies. So, to answer your question, how do I feel about it, how do people here feel about it? Well, you know, obviously trade and tariffs is very important, but I think there's just a general enthusiasm and a positivity because the intersection between traditional enterprises and banks without a crypto in web3 is about to happen. That's what the conversation is about. It's far more about what how this technology can help those parts of traditional finance than about tariffs right now. I look at Bitcoin here, John, at 118. I've had some bulls come on the show recently, and I asked them for targets, for bogies. And and one well-known bull said, listen, he says 200,000 before year end. Does that make sense to you, John? Absolutely. I think by the end of next year, we'll have maybe even double close to 300,000. In fact, you know, it's very simple. The right now, it's about 10% of the AUM of gold. And if you look at the incremental demand versus incremental supply, supply is the uh the block being mined on the Bitcoin. And then you have the incremental demand, which is all these ETFs, these digital asset training companies, and the reserves being built on public companies, as well as nations, as well as states. There's a five to one imbalance of incremental demand versus supply. And then as a percentage of gold as a market cap, it's only 10%. I don't see why it can't be 30% because the incremental buyer is Gen Z and millennials, and they view this as the digital storage of a store of value as opposed to gold. So I can easily see much higher than 200,000 by the end of next year. So on that mark, let's say we let's say we put 300,000 on the board, John. What are some risks to that call? Yep, absolutely. As you know, Josh, it's a very volatile space. Um, you know, one of the things that has gotten everything going recently is the clarity from the US side. And that's helped not just Bitcoin, but it's also helped the alternative L1s, like, you know, Ethereum as well as Avalance, a lot of stable coins on on that. Now the risk would be a lot of this now, the clarity in the rules doesn't lead to immediate success and operational and market share for payments and other reasons to use stable coins or to continue using these currencies. That would be a risk, because to execute things, it always takes longer than the initial thought of just creating a rule. It's kind of like, the risk would be, it doesn't pan out as quickly as people would hope it can. John, great to see you. Great to have you on the show. Thank you for your time today. Thank you, Josh.
Yahoo
26-05-2025
- Business
- Yahoo
EZVIZ smashes visual limits by firstly introducing Multi-Lens to the world, inaugurating a new era of smart camera protection: from combos to all-in-one solutions
HOOFDDORP, Netherlands, May 26, 2025 /PRNewswire/ -- EZVIZ, a global leader in smart home technology, sets the new benchmark in visual technology and smart protection by introducing the revolutionary Multi-Lens Camera Series, a two-pronged lineup grounded on lens fusion and intelligent imaging. While the Co-Action Series unlocks next-level flexibility, the Mixed Vision Series overcomes visual challenges by blending diverse perspectives and focal lengths. Centered on "1 = All," the series transforms traditional multi-cameras into feature-rich solutions with enhanced simplicity, efficiency, and reliability. "The Multi-Lens Camera family reflects our core belief that one smart device should be able to do the work of many," said John Wu, Product Manager at EZVIZ. "Noticing unresolved issues like limited coverage, low flexibility, and compromise, we took steps further and designed the next-generation cameras to meet users' needs anytime, anywhere. Backed by our most advanced visual technologies, the Multi-Lens Series turns pain points into benefits, redefining what smart cameras can do." The Mixed-Vision Series: from single view to boundless visuals Rooted in EZVIZ's leading image processing, the Mixed-Vision Series breaks through the restrictions of poor lighting, limited sightline, and large coverage areas. Integrating 4K lenses and self-developed ColorFULL technology, the H80x Dual cracks overexposure, dark corners, distorted colors, and motion blur easily with dual-lens image processing, ensuring true-to-life clarity even in the darkness. When it comes to spacious areas, the H80f Multi matches up with high-end photography, making it a breeze to deliver far-reaching views with clarity and precision with its three 2K+ lenses empowered by lag-free 12x Mixed Zooming technology. The Co-Action Series: from passive defense to proactive protection Following the success of the dual-lens H9c, EZVIZ further expands the offerings with an award-winning new series. For utmost flexibility, it applies three motors that allow two lenses to operate independently or work together to actively collect as much detail as possible while automatically responding to different situations so that no potential risk can be missed. The leap-forward upgrade is its adaptable options, ranging from plug-in cameras, battery-operated models to 4G-enabled cameras, meeting the evolving needs. Whatever the scenario is, the Co-Action Series, including the H90 Dual, HB90 Dual Kit and CB90x Dual 4G Kit, is designed to provide seamless, reliable protection in an unmatched way. View original content to download multimedia: SOURCE EZVIZ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
26-05-2025
- Business
- Yahoo
EZVIZ smashes visual limits by firstly introducing Multi-Lens to the world, inaugurating a new era of smart camera protection: from combos to all-in-one solutions
HOOFDDORP, Netherlands, May 26, 2025 /PRNewswire/ -- EZVIZ, a global leader in smart home technology, sets the new benchmark in visual technology and smart protection by introducing the revolutionary Multi-Lens Camera Series, a two-pronged lineup grounded on lens fusion and intelligent imaging. While the Co-Action Series unlocks next-level flexibility, the Mixed Vision Series overcomes visual challenges by blending diverse perspectives and focal lengths. Centered on "1 = All," the series transforms traditional multi-cameras into feature-rich solutions with enhanced simplicity, efficiency, and reliability. "The Multi-Lens Camera family reflects our core belief that one smart device should be able to do the work of many," said John Wu, Product Manager at EZVIZ. "Noticing unresolved issues like limited coverage, low flexibility, and compromise, we took steps further and designed the next-generation cameras to meet users' needs anytime, anywhere. Backed by our most advanced visual technologies, the Multi-Lens Series turns pain points into benefits, redefining what smart cameras can do." The Mixed-Vision Series: from single view to boundless visuals Rooted in EZVIZ's leading image processing, the Mixed-Vision Series breaks through the restrictions of poor lighting, limited sightline, and large coverage areas. Integrating 4K lenses and self-developed ColorFULL technology, the H80x Dual cracks overexposure, dark corners, distorted colors, and motion blur easily with dual-lens image processing, ensuring true-to-life clarity even in the darkness. When it comes to spacious areas, the H80f Multi matches up with high-end photography, making it a breeze to deliver far-reaching views with clarity and precision with its three 2K+ lenses empowered by lag-free 12x Mixed Zooming technology. The Co-Action Series: from passive defense to proactive protection Following the success of the dual-lens H9c, EZVIZ further expands the offerings with an award-winning new series. For utmost flexibility, it applies three motors that allow two lenses to operate independently or work together to actively collect as much detail as possible while automatically responding to different situations so that no potential risk can be missed. The leap-forward upgrade is its adaptable options, ranging from plug-in cameras, battery-operated models to 4G-enabled cameras, meeting the evolving needs. Whatever the scenario is, the Co-Action Series, including the H90 Dual, HB90 Dual Kit and CB90x Dual 4G Kit, is designed to provide seamless, reliable protection in an unmatched way. View original content to download multimedia: SOURCE EZVIZ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Straits Times
28-04-2025
- Entertainment
- Straits Times
A shrine to old Hong Kong rises in Lung Wah Hotel
The Lung Wah Hotel, which had its heyday in the 1950s and 1960s, has been remade into Hong Kong Radiance. PHOTO: BILLY H.C. KWOK/NYTIMES HONG KONG – In its heyday in the 1950s and 1960s, the Lung Wah Hotel, a converted Spanish revival villa, offered a leafy refuge from the bustle of city life, near a cove and surrounded by parks in Hong Kong's New Territories. Winding stairs flanked by red lanterns led to a sprawling Chinese-style garden. On summer weekends, people gathered for games of mahjong under a pavilion as children played nearby in sandboxes and on swings. Movies were once shot there, and Bruce Lee, its most famous patron, practised martial arts on its roof. In the decades since, the hotel stopped renting out rooms because new fire codes would require them to be upgraded. The surrounding rice fields were developed into middle-class housing. The restaurant is still turning out its famed roast pigeon, but it has struggled to fill its wood-trimmed dining rooms since its 500-spot carpark was requisitioned for a new police station in the 1970s. A jukebox and other items from Hong Kong's past at the Lung Wah Hotel. PHOTO: BILLY H.C. KWOK/NYTIMES Now, the operation has been given a chance for a new lease on life – by leaning into the past. An unused teahouse on the property has been remade into Hong Kong Radiance, a hands-on museum that seeks to recreate slices of the vibrant life in the city as it transitioned from a post-war factory town producing clothes, electronics and plastics into a glittering financial centre connecting the East and West. Mr John Wu, a graphic designer and well-known local collector who curated the space, wanted it to resemble a film set, where each corner has a cohesive palette. His goal, he said, was to revive memories for older visitors, while also inspiring younger generations. When giving tours, he often calls attention to unique details, encouraging visitors to feel the sturdiness of the wood, for example. 'Only then can these objects get a second life,' he said. Graphic designer John Wu, who curated the space, wanted Hong Kong Radiance to resemble a film set, where each corner has a cohesive palette. PHOTO: BILLY H.C. KWOK/NYTIMES Dusty antique shops have long been a fixture in the city, but a new crop of businesses – photo studios, restaurants and vintage-inspired shops, many run by Gen Z and millennial proprietors – are trying to hold fast to the aesthetics and everyday objects from a more recent past, before the British returned the former colony to Chinese control in 1997. Many residents regard the 1980s as a golden era for Hong Kong culture, when locally made movies, television shows and music known as Cantopop , sung in Cantonese, were hugely popular at home and abroad. The success of its entertainment scene was a point of pride, tied to the city's identity as cosmopolitan and a place of opportunity for those with dreams as well as the guts and wits to pursue them. But imports from China, South Korea and Japan led to the fading of Hong Kong's pop culture in the decades since. A dining room at the Lung Wah Hotel, with images of Bruce Lee, who once practised martial arts on its roof. PHOTO: BILLY H.C. KWOK/NYTIMES The wave of nostalgia has coincided with efforts by the Chinese government to redefine Hong Kong's identity in the wake of protracted anti-government protests, which led to a crackdown by Beijing in 2020 and the imposition of a national security law. Since then, the authorities have revamped history museums and rewritten textbooks to adhere to Beijing's official narrative. 'Our generation has fantasies about the past,' said Ms Connie Li, a 30-year-old interior designer who visited the museum on a recent afternoon. 'Things are changing too quickly, but in these spaces, we can find an escape in the so-called glory days and search for our roots.' To tap public interest in the recent past, the city's tourism board organised an exhibit tied to the 2024 hit Twilight Of The Warriors: Walled In, a martial arts action movie set in 1980s Hong Kong. Visitors immersed themselves in the film's 'aesthetic vibe', including a barbershop, tea stall and bone-setting clinic. Visitors at the Lung Wah Hotel, now a museum. PHOTO: BILLY H.C. KWOK/NYTIMES At Hong Kong Radiance, guests are free to rummage through dressers full of knick-knacks , games and family photo albums. It includes an herbalist's office flanked by antique scrolls, and a convenience store with a retro jukebox, crates full of soda bottles and vintage ice cream tubs. One room recreates a cluttered working-class home with a mahjong table, a Singer sewing machine and a bunk bed piled with suitcases. Mr Wu, 55, began collecting Japanese and Western objects when he was young, but has in recent years focused on Hong Kong designs because he believes they reflect the city's unique history and character. He is known for his collection of designs by Henry Steiner, an Austrian whose work defined some of Hong Kong's best-known brands, like the HSBC logo. In 2023, Mr Wu teamed up with two other enthusiasts he met online – Mr Pan Tse, a maintenance worker, and Mr Tiger Ng, a logistics worker with a passion for scavenging abandoned lots – to help elderly residents move out of an old housing estate slated to be torn down. The men were allowed to keep furniture and mementos from about 30 households in their own storage units, promising to one day show them to the public. They tried to find space in an industrial building to set up a mini-museum, but rents were high. Visitors perusing displays at the Lung Wah Hotel. PHOTO: BILLY H.C. KWOK/NYTIMES News of their volunteer work spread and, in 2024, the owner of the hotel, Ms Mary Chung, reached out for help sorting through the bulky recording equipment, instruments and books that had piled up at the property. As it was a short drive from the academic institution that became the Chinese University of Hong Kong, it often sublet rooms to people teaching there, including martial arts writer Jin Yong. Built in the 1930s, it was her family's vacation home until the Japanese army requisitioned it during World War II. The Chungs converted it into a small hotel in 1951, with fewer than a dozen rooms. There were poetry readings and live music, even a recording studio that was used by Cantonese opera singers. Movie crews were allowed to film there – with the proviso that the actors also checked in. Lee stayed during the shooting of his 1972 blockbuster, Fists Of Fury. But business waned as the area developed into a densely populated suburb, losing its rural character. Access became more difficult after the government took over adjacent land for an electric railway. The hotel ceased operating in 1985, but the restaurant kept going with mostly local customers, the dining rooms decorated with black-and-white photos of stars and show-business posters. During the Covid-19 pandemic, it almost folded, and Ms Chung was forced to reduce its 200 employees to a handful. Lung Wah Hotel owner Mary Chung with some of the items that have piled up over the years in the hotel. PHOTO: BILLY H.C. KWOK/NYTIMES In 2024 , she reached a deal with Mr Wu's group, which spent months clearing the teahouse, moving its clutter into other rooms in the hotel. Cars could not stop outside the hotel, so they corralled their friends and family for help lugging boxes across footbridges and up the winding steps. Since it opened last fall, Hong Kong Radiance has become a popular field-trip destination for schools and senior groups alike. A dining room at the Lung Wah Hotel. PHOTO: BILLY H.C. KWOK/NYTIMES On a recent day, dozens of silver-haired visitors took turns at the mahjong table, slamming the tiles on the hardwood table with relish. Some strolled the grounds, reminiscing about visits in their youth, when the restaurant charged only HK$4 for a plate of its signature pigeon. Some even broke into Cantonese opera as they recalled live performances. Always on the lookout for new ways to attract visitors, Ms Chung has considered displaying more of the hotel's old items in the garden's teahouse, near cages holding three peacocks. 'Lung Wah is part of Hong Kong's collective memory,' she said. NYTIMES Join ST's Telegram channel and get the latest breaking news delivered to you.
New York Times
25-04-2025
- Entertainment
- New York Times
Where Bruce Lee Practiced on the Roof, a Shrine to Old Hong Kong Rises
In its heyday in the 1950s and '60s, the Lung Wah Hotel, a converted, Spanish revival villa, offered a leafy refuge from the bustle of city life, near a cove and surrounded by parks in Hong Kong's northern New Territories. Winding stairs, flanked by red lanterns, led to a sprawling Chinese-style garden. On summer weekends, people gathered for games of mahjong under a pavilion as children played nearby in sandboxes and swings. Movies were once shot there and Bruce Lee, its most famous patron, practiced martial arts on its roof. In the decades since, the hotel stopped renting out rooms because new fire codes would require them to be upgraded. The surrounding rice fields were developed into middle-class housing. The restaurant is still turning out its famed roast pigeon, but it has struggled to fill its wood-trimmed dining rooms since its 500-spot parking lot was requisitioned for a new police station in the 1970s. Now, the operation has been given a chance for a new lease on life — by leaning into the past. An unused teahouse on the property has been remade into Hong Kong Radiance, a hands-on museum that seeks to recreate slices of the vibrant life in the city as it transitioned from a postwar factory town producing clothes, electronics and plastics into a glittering financial center connecting East and West. John Wu, a graphic designer and well-known local collector who curated the space, said he wanted it to resemble a film set, where each corner had a cohesive color palette. His goal, he said, was to revive memories for older visitors while also inspiring younger generations. When giving tours, he often calls attention to unique details, encouraging visitors to feel the sturdiness of the wood, for example. 'Only then can these objects get a second life,' he said in an interview. Dusty antique shops have long been a fixture in the city, but a new crop of businesses — photo studios, restaurants and vintage-inspired shops, many run by Gen-Z and millennial proprietors — are trying to hold fast to the aesthetics and everyday objects from a more recent past, before the British returned the former colony to Chinese control in 1997. Many residents regard the 1980s as a golden era for Hong Kong culture, when locally-made movies, television shows and music known as Cantopop, sung in Cantonese, were hugely popular both at home and abroad. The success of its entertainment scene was a point of pride, tied to the city's identity as cosmopolitan and a place of opportunity for those with dreams, as well as the guts and wits to pursue them. But imports from mainland China, Korea, Japan and Taiwan led to the fading of Hong Kong's pop culture in the decades since. The wave of nostalgia has coincided with efforts by the Chinese government to redefine Hong Kong's identity in the wake of protracted antigovernment protests, which led to a crackdown by Beijing in 2020 and the imposition of a national security law. Since then, the authorities have revamped history museums and rewritten textbooks to adhere to Beijing's official narrative. 'Our generation has fantasies about the past,' said Connie Li, a 30-year-old interior designer who visited the museum on a recent afternoon. 'Things are changing too quickly, but in these spaces, we can find an escape in the so-called glory days and search for our roots.' To tap into public interest in the recent past, the city's tourism board organized an exhibit tied to last year's hit 'Twilight of the Warriors: Walled In,' a martial-arts action movie set in 1980s Hong Kong. Visitors immersed themselves in the film's 'aesthetic vibe,' including a barbershop, tea stall and bone-setting clinic. At Hong Kong Radiance, guests are free to rummage through dressers full of knickknacks, games and family photo albums. It includes an herbalist's office flanked by antique scrolls, and a convenience store with a retro jukebox, crates full of soda bottles and vintage ice cream tubs. One room recreates a cluttered working-class home with a mahjong table, a Singer sewing machine and a bunk bed piled with suitcases. Mr. Wu, 55, began collecting Japanese and Western objects when he was young but has in recent years focused on Hong Kong designs because he believed they reflected the city's unique history and character. He is known for his collection of designs by Henry Steiner, an Austrian whose work defined some of Hong Kong's best-known brands, like the HSBC logo. In 2023, Mr. Wu teamed up with two other enthusiasts he had met online — Pan Tse, a maintenance worker, and Tiger Ng, a logistics worker with a passion for scavenging abandoned lots — to help elderly residents move out of an old housing estate that was slated to be torn down. The men were allowed to keep furniture and mementos from about 30 households in their own storage units, promising to one day show them to the public. They tried to find space in an industrial building to set up a mini-museum, but rents were high. News of their volunteer work spread and, in 2024, the owner of the hotel, Mary Chung, reached out for help sorting through the bulky recording equipment, instruments and books that had piled up at the property. Built in the 1930s, it was her family's vacation home until the Japanese army requisitioned it during World War II. The Chungs converted into a small hotel in 1951, with under a dozen rooms. As it was a short drive from the academic institution that became the Chinese University of Hong Kong, it often sublet rooms to people teaching there, including the martial arts writer Jin Yong. There were poetry readings and live music, even a recording studio that was used by Cantonese opera singers. Movie crews were allowed to film there — with the proviso that the actors also checked in. (Bruce Lee stayed during shooting of his 1971 blockbuster, 'The Big Boss,' a.k.a. 'Fists of Fury.') But business waned as the area developed into a densely populated suburb, losing its rural character. Access became more difficult after the government took over adjacent land for an electric railway. The hotel ceased operating in 1985, but the restaurant kept going with mostly local customers, the dining rooms decorated with black-and-white photos of stars and show business posters. During the Covid pandemic, it almost folded and Mrs. Chung was forced to reduce its 200 employees to a handful. Last year, she reached a deal with Mr. Wu's group, which for months cleared the teahouse, moving its clutter into other rooms in the hotel. Cars could not stop outside the hotel, so they corralled their friends and family for help lugging boxes across footbridges and up the winding steps. Since it opened last fall, Hong Kong Radiance has become a popular field trip destination for schools and senior groups alike. On a recent day, dozens of silver-haired visitors took turns at the mahjong table, slamming the tiles on the hardwood table with relish. Some strolled the grounds, reminiscing about visits in their youth, when the restaurant charged only 4 Hong Kong dollars (about 50 cents) for a plate of its signature pigeon (now $12). Some even broke into Cantonese opera as they recalled live performances. Always on the lookout for new ways to attract visitors, Mrs. Chung has considered displaying more of the hotel's old items in the garden's teahouse, near cages holding three peacocks. 'Lung Wah is part of Hong Kong's collective memory,' she said in an interview.
