Economic Analysis

[Musk: The number of seconds used on the Twitter platform increased by 3.5% week-on-week] Musk, the real controller of social media Twitter: As of July 13, the total active seconds of (Twitter) users worldwide was 339.06 billion, a week-on-week increase of 3.55%; Among them, the number of active seconds of mobile users was 297.16 billion, a week-on-week increase of 3.55%.

[FF appoints Jonathan Maroko as acting CFO and plans to hold a shareholders meeting next week] On July 12, Jia Yueting's Faraday Future (FF) announced that it appointed Jonathan Maroko as the company's acting chief financial officer (CFO). Effective from July 5, 2023; and Han Yun will continue to serve as Chief Accounting Officer (CAO) of FF, effective from July 5, 2023. According to the data, Maroko has more than 17 years of investment and financial experience and started his career as an investment banking analyst at Bank of America Merrill Lynch. It is reported that FF intends to hold a shareholder communication meeting after the market closes next Monday (July 17) Eastern Time