Krypton Evening News | Sony Group plans to issue dollar bonds for the first time in nearly 30 years; Oracle laid off about 21,000 employees in the last fiscal year; Doubao released the 2.1 Pro model

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Volcengine launched Doubao 2.1 along with new video, image, and audio models at its summer conference in Beijing. The company said Doubao 2.1 Pro improves coding, agent, and visual-language capabilities. The event also included an upgrade to the cloud service system for agents. In the same news roundup, Oracle disclosed about 21,000 layoffs last fiscal year and Sony Group outlined plans to issue U.S. dollar bonds, but those items are not the primary software product focus here.

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