这种压力也延续到了第四季度。财报显示，在第四季度，瑞幸总净收入同比增长32.9%至127.77亿元，但净利润同比下滑39%至5.18亿元，GAAP营业利润率较2024年同期下滑4.1个百分点。净利润率从8.8%降至4.1%；非GAAP净利润6.99亿元，同比下滑25.5%。即便全年营业利润率维持在10.3%，但自营门店利润率从2024年的19.0%微降至17.8%，第四季度自营门店店级运营利润率更是从19.8%下滑至15.0%。
DRM, as an industry institution, has an almost comically bad track record when it comes to actually protecting content. Denuvo which is perhaps the most sophisticated game DRM ever deployed commercially has been cracked for virtually every major game it’s protected, usually within weeks of release. Every DVD ever made is trivially rippable. Every Blu-ray. Every streaming service has been ripped by someone, somewhere.
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据美国阿克西奥斯新闻网站25日报道，美国多家技术巨头企业代表拟于下周前往白宫面见总统特朗普，其间将签署书面文件，承诺自行供应或购买人工智能（AI）数据中心所需电力。据报道，已有多家美国技术巨头承诺采取措施，避免消费者因人工智能技术发展而遭遇电费难题。预计下周前往白宫的企业包括美国开放人工智能研究中心（OpenAI）、亚马逊、微软、谷歌、“元”、xAI和甲骨文公司。（新华社）