Luo Yonghao failed to go public! The 600 million acquisition with a 28-fold premium failed, and the stock price plummeted by 30% after three consecutive gains

Luo Yonghao's "True Return" has not yet finished, but investors say they have been ripped off again! On the evening of December 3, Shangwei Co., Ltd. issued an announcement stating that considering that the new regulations of the live broadcast industry will have a great impact on the platform and the development of the live broadcast industry , Shangwei and the shareholders of the acquisition target have re-evaluated the core terms of the transaction, such as valuation pricing, profit forecast and gambling, but ultimately failed to reach a consensus. Both parties unanimously decided to terminate the acquisition of Starry Sky Ambition.

The main shareholders of Starry Vision include Luo Yonghao's brother Luo Yongxiu and several entrepreneurial partners. According to the previous agreement, after the equity transfer is completed, Shangwei Co., Ltd. will become the largest shareholder of Starry Vision and actually control the target company. Starry Vision will become a subsidiary within the scope of Shangwei Co., Ltd.'s consolidated financial statements and go public through a "backdoor listing".

Previously, Luo Yonghao said on a variety show that he had paid back nearly 400 million of the 600 million yuan debt he had at the end of 2018, and the remaining 200 million yuan would be paid off in about a year, enough to make a movie called "True Return". The industry speculated that if Starry Ambition's backdoor listing was successful, it would accelerate his debt repayment. But now, it may take quite some time before "True Return" is finally staged.

Shangwei shares have been falling all the way. As of the close of December 3, Shangwei shares closed at 6.81 yuan per share, a drop of more than 30% from the highest point on November 12, and still 6.33% from the price before the reorganization, with a total market value of 3.541 billion yuan. (Securities Times)

Breaking news! The US Department of Commerce officially adds SMIC and CNOOC to the national defense blacklist

According to Reuters, the Trump administration officially blacklisted SMIC and CNOOC on Thursday.

The Defense Department designated four other companies owned or controlled by the Chinese military, including China Construction Technology Co., Ltd. and China International Engineering Consulting Corp. The Chinese Embassy in Washington, SMIC and CNOOC did not immediately respond to requests for comment. The news has been logged in the U.S. federal notice.

A milestone breakthrough! China's quantum computing prototype Jiuzhang is launched

On December 4, Chinese scientists announced the construction of a quantum computing prototype "Jiuzhang" with 76 photons (qubits). In terms of speed, it only takes 200 seconds to solve the mathematical algorithm Gaussian boson sampling, while the current supercomputer takes 600 million years. It is generally believed that 50 qubits is the key threshold to prove that quantum computers are expected to surpass traditional computers. "Jiuzhang" is named after a well-known mathematical monograph in ancient my country. This breakthrough makes my country the second country in the world to achieve "quantum supremacy".

The Chang'e-5 ascender ignites and takes off, marking my country's first takeoff from an extraterrestrial body

At 23:10 on December 3, the Chang'e-5 ascender ignited on the lunar surface. After the 3,000-Newton engine worked for about 6 minutes, it successfully sent the ascender carrying lunar soil into the predetermined lunar orbit, successfully achieving my country's first takeoff from an extraterrestrial body.

Experts said that unlike takeoffs from the ground, the Chang'e 5 ascender does not have a mature launch tower system for lunar takeoffs. The lander is equivalent to the "temporary tower" of the ascender. The ascender has problems such as uncertainty in the initial takeoff reference and the attitude of the takeoff platform, limited engine plume diversion space, and differences in the Earth-Moon environment. In addition, since there are no navigation constellations on the moon, after the ascender takes off, it needs to achieve autonomous positioning and attitude determination with the assistance of ground measurement and control, and with the help of special sensors it carries. (Xinhua News Agency)

The first new Honor model has been filed, codenamed YORK, and is expected to be Honor V40

On December 4, digital blogger @数码闲聊站 said that Honor’s first new phone since its independence from Huawei has been filed. The phone is code-named "YORK" and model "YOK-AN10". It is expected to be named Honor V40 and will be equipped with MediaTek Dimensity series 5G chip.

The applicant and production unit of this phone are both "Honor Terminal Co., Ltd.", which is the main body of the new Honor after its independence.

On November 26, 2019, Honor released two models, V30 and V30Pro, equipped with Huawei HiSilicon Kirin 990 SoC and starting with 6GB of RAM. It is the industry's first full-series mobile phone that supports 5G dual-mode and full network access.

Yuncong Technology's IPO application on the Science and Technology Innovation Board has been accepted

On December 3, artificial intelligence company Yitu Technology disclosed its listing documents on the Shanghai Stock Exchange, becoming another AI company to go public on the Science and Technology Innovation Board.

The prospectus shows that the financing scale of CloudWalk Technology's public offering is expected to be 3.75 billion yuan. The net proceeds from the raised funds will be used for the research and development of its artificial intelligence technology to continuously improve its technical strength and product capabilities in artificial intelligence, including the human-machine collaborative operating system upgrade project, the Qingzhou system ecological construction project, the artificial intelligence solution comprehensive service ecological project and the replenishment of working capital. (36Kr)

China Radio and Television: In the future, 5G mobile phones can receive TV programs for free

At the 700MHz Technology and Industry Application Seminar held yesterday, Zeng Qingjun, deputy general manager of China Radio and Television Network Co., Ltd., asked how China Radio and Television can avoid homogeneous competition with the three traditional operators and achieve differentiated development?

The breakthrough point found by China Radio and Television is: 5G NR broadcasting. Zeng Qingjun introduced that 5G NR broadcasting does not change the existing system of 5G transmission layer, but uses the existing 5G NR channel for 5G network, so that all 5G terminals can receive digital TV broadcasted in 5G mode, without worrying about traffic and network congestion. (Communication World)

Alibaba launches AI model "Taji"

On December 3, the country's first AI model, Taji, was officially launched on Alibaba's original protection platform. It was independently developed by Alibaba and is used to provide clothing merchants with model static images, short videos, and live broadcast solutions, reducing the burden on merchants and the risk of image theft. It uses innovative technology to protect intellectual property rights and protect innovation and creation, allowing merchants to have more energy to innovate and promote business progress.

According to reports, the AI ​​model uses innovative algorithm technology to generate thousands of facial features combinations based on the Target Face module, forming a unique virtual face in the world. At the same time, the algorithm technology is used to convert the clothing flat map into a 3D map and "wear" it on the model, which directly reduces the manpower and financial costs of merchants to launch new products. (Titanium Media)

Reuters: JD Logistics expects to raise up to US$3 billion through listing in Hong Kong in 2021

Reuters quoted people familiar with the matter as saying that JD Logistics will go public in Hong Kong in the first half of 2021 with a financing scale of between US$2 billion and US$3 billion and a valuation of around US$40 billion.

As early as December last year, Reuters quoted people familiar with the matter as saying that JD.com's logistics department had held preliminary discussions with several banks on a potential overseas IPO, with the valuation reported at the time being at least US$30 billion.

At the end of 2017, JD.com spun off its logistics division into an independent entity, and then opened up its delivery and warehousing services to third-party companies. In 2018, JD Logistics raised $2.5 billion, with major investors including Hillhouse Capital, Sequoia Capital China, China Merchants Group, Tencent Holdings and China Life Insurance. (DoNews)

Fortune's 2020 Business Person of the Year announced: Musk tops the list, Bezos is 7th, Zhang Yong is 17th

On December 3, Fortune released its 2020 list of business figures of the year. Alibaba Group Chairman and CEO Zhang Yong ranked 17th, the only executive working for a Chinese company on the list. AMD CEO Lisa Su ranked second, and Nvidia CEO Jensen Huang ranked third. The world's richest man, Bezos, ranked only seventh this year.

According to foreign media, Elon Musk was named "Businessman of the Year 2020" by Fortune magazine. Not only was Tesla's market value the first among global automakers in such a special year as 2020, but he was also awarded for other world-changing feats. In history, only one business leader has topped the list of Fortune's Person of the Year twice, and that is Elon Musk (the last time was in 2013).

However, in the face of media attention and external evaluations, Musk refused to comment in Fortune magazine, saying: "I don't want awards or recognition." Because Musk believes that the talents working for his company are the key to success. Over the years, he has tirelessly repeated that he accepts all awards on behalf of "the great people at Tesla, SpaceX, Neuralink and Boring Co."

Musk says humans should beware of population collapse: I gave birth to 6 children to try to set an example

On the 1st, Tesla CEO Musk said at an event in Berlin, Germany that humans should beware of population collapse. "Low fertility rates are a big risk. If the average age becomes very high, young people actually become slaves to take care of the elderly." When asked how to solve this problem, Musk talked about his six children: "I try to set a good example in having children."

Facebook is accused of illegally suppressing VR competitors, and the US Department of Justice is investigating

Some virtual reality (VR) startups are reportedly accusing Facebook of illegally squeezing out competitors, triggering a new round of scrutiny from U.S. regulators. Back in 2014, Facebook acquired VR maker Oculus for $2 billion, becoming the world's largest VR hardware maker. Today, two people familiar with the matter said Facebook is using some familiar tactics to squeeze out competitors in the VR space, and now this practice has attracted the attention of the U.S. Department of Justice's antitrust division. Currently, the Justice Department is contacting developers in the VR field to inquire about their interactions with Facebook. (Sina Technology)

Goldman Sachs raises Tesla rating from "neutral" to "buy" with a price target of $780

Goldman Sachs upgraded its rating on the hot Tesla stock from "neutral" to "buy" after the market closed on Wednesday, and significantly raised its target price from $455 to $780, suggesting that it could further rise by more than 30% from its current level.

The target price Goldman Sachs gave to Tesla is the highest among all investment banks on Wall Street.

Goldman Sachs said it is increasingly optimistic about the electric vehicle industry overall and believes that Tesla will remain dominant even as the industry expands. (Sina Finance)

Arm CEO expresses his stance on China

Recently, Arm CEO Simon Segars said he hopes regulators will be "optimistic" about the company's deal with US chipmaker Nvidia. Segars believes that ARM's core technology is in the hands of the UK and is protected, and will not become US technology due to the acquisition, so China can rest assured to approve the deal.

Nvidia announced on Sept. 13 that it plans to acquire the British chip designer from Japan's SoftBank in a massive $40 billion deal, but the acquisition has several hurdles to overcome.

"It requires regulatory approval in many jurisdictions around the world. It's a long process. Regulators have to interact a lot to provide the information they want," Segers said Tuesday evening. "Technically, China can block the deal."

Samsung's new wireless charging patent is exposed, you can use a "ring" to charge your phone

According to a patent document filed by Samsung at the Korean Patent Office, a very strange little device is revealed, which describes a "ring" that can charge smartphones. However, this device is not powered by a battery wrapped around the finger. Instead, the disk inside the "ring" can generate electricity through the movement of the hand. In layman's terms, there is a micro generator in the ring.

But that's not all, according to the patent, in addition to the kinetic energy of movement, the ring can also convert body heat into electrical energy.

Of course, there will also be a small battery to store the generated electricity, which will then be transmitted to the phone. This is the cleverness of the "ring". When the user uses the phone, the "ring" can charge the phone without the need for a cable or charger to charge the phone. (Webmaster's Home)