China's financial sector is facing increased scrutiny regarding data security and compliance, with new guidelines issued by six government departments to guide financial institutions in data classification and tiered management. This move is crucial as data becomes a key element in the digital transformation of the banking industry. Separately, Apple is reportedly in advanced testing for a second-generation iPhone Air, slated for a spring 2027 release, and SpaceX has surpassed Amazon in market value, ranking among the top five global companies. AI
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