China Mobile's 5G package is officially launched: 128 yuan for 30G, low price for low speed, high price for high speed

In the early morning of October 31, China Mobile officially launched the 5G Smart Package on its mobile client. The package is divided into personal version and family version, each with five tiers. The personal version 5G package starts at 128 yuan/month, and old users enjoy a 30% discount of 89.6 yuan/month for half a year. The family version starts at 169 yuan/month.

• The personal version of the 5G package is divided into five tiers: 128 yuan/198 yuan/298 yuan/398 yuan/598 yuan;

• The 5G family package is divided into five levels: 169 yuan/269 yuan/369 yuan/569 yuan/869 yuan

The 5G Internet speed of 5G basic service is limited to 300Mbps, the 5G Internet speed of 5G premium service is limited to 500Mbps, and the 5G Internet speed of 5G extreme speed service is limited to 1Gbps.

DJI releases the Mavic Mini drone for drone photography, priced at RMB 2,699

On October 30, DJI officially released the Mavic Mini drone. It has a foldable body, weighs 249g, is equipped with a 12-megapixel aerial camera and a three-axis mechanical stabilization gimbal, can shoot 2.7K video, supports 4km image transmission and 30 minutes of battery life, and is priced at 2,699 yuan. Pre-orders are now accepted and it will be officially released on November 11.

Douyin responds to "employee leaked draft box video": the rumor is false and will not be uploaded to the operation review background

On October 30, a video of the interaction between celebrities Li Xiaolu and PGone was leaked yesterday. Some netizens broke the news that the video was secretly downloaded by a Douyin employee from the backend, and said that the video still existed in the draft box. Unexpectedly, the videos saved in the draft box by users were also uploaded to the Douyin server. On Maimai, an insider with the ID of a Toutiao employee and a ByteDance employee said, "It was indeed leaked from the backend... Videos directly downloaded from the backend have no watermark."

In response, Douyin officially responded that the rumor was untrue. Draft videos will not be uploaded to the operation and review background, so there are no draft videos in the operation and review background. There is no possibility that Douyin employees downloaded the videos from the draft box in the background. We are still verifying other situations. (Sina Technology)

Huawei's Chinese smartphone market share increased to 42%, while shipments of the second to fifth largest smartphone brands plummeted

On October 30, the latest data from third-party research company Canalys showed that in the third quarter of this year, Huawei (including Honor) shipped 41.5 million smartphones in the domestic market, breaking the record again, reaching a market share of 42%, with an annual growth rate of 66%. This is also the sixth consecutive quarter that Huawei has achieved double-digit growth in the domestic market. In the same period last year, Huawei's share of the Chinese smartphone market was 24.9%.

Huawei's strong growth has put obvious pressure on other brands. In the third quarter, the shipments of other leading mobile phone manufacturers OPPO (about 17.5 million units, market share 17.9%), vivo (17 million units, market share 17.4%), Xiaomi (8.8 million units, market share 9.0%) and Apple (5.1 million units, market share 5.2%) collectively declined, and their combined share accounted for only 50% of the market, down from 54% in the second quarter of 2019 and 64% in the third quarter of 2018. (The Paper)

Luo Yonghao releases a new Xiaoye e-cigarette: solid wood material design can be used

Luo Yonghao announced a new Xiaoye e-cigarette product on Weibo - Xiaoye's Golden Years series. Luo Yonghao said: "The rendering of solid wood is really difficult to handle. No matter how you modify it, it is not half as good-looking as the real machine. Because the rosewood and big-leaf red sandalwood versions can be polished, can be smoked, and can be polished, I originally wanted to name this series of products "Pan Ta"! Later, I felt that the name of the product should be more serious, and finally decided on "Golden Years".

China Telecom officially releases Industrial Internet open platform

On October 30, China Telecom held a 5G Industrial Internet Summit Forum in Beijing. At the forum, China Telecom Vice President Chen Zhongyue shared China Telecom's 5G Industrial Internet case studies. At the same time, China Telecom's Industrial Internet Open Platform was officially released.

According to reports, China Telecom's Industrial Internet Open Platform is a data-enabled platform built on China Telecom's cloud-network converged infrastructure, which will help governments and enterprises complete the construction of digital infrastructure, improve digitalization levels, break through data silos, drive efficient data circulation, and provide the entire manufacturing industry with an orderly, neutral, secure and open high-quality data open platform. (NetEase Technology)

Ren Zhengfei talks about Huawei's successor: Huawei's handover has been completed for many years, and I am just a "puppet" hanging in the middle

On October 29, Huawei's Xinsheng Community released the minutes of founder Ren Zhengfei's interview with Euronews on October 22. In this interview, Ren Zhengfei said that in fact, the handover of Huawei has been completed for many years, not just now, the company has been running all the time, and I am just a puppet hanging in the middle.

Regarding when to announce his retirement, Ren Zhengfei said that he would choose to retire when his way of thinking was blocked, and the second time was when the US government "approved" him to retire. He said that his power within Huawei was limited, and Huawei implemented a democratic collective decision-making system, which was subject to collective decision and veto power. (Beijing News)

Shanghai Internet Finance Association officially refutes false rumors that Shanghai will end P2P

In response to market rumors that Shanghai will stop P2P business, the Shanghai Internet Finance Association issued an announcement at noon. The announcement stated that recently, the association noticed a "letter to investors" from a Shanghai P2P online lending platform circulating on the Internet, saying that "Shanghai and national online lending platforms will gradually stop related businesses, and all normally operating platforms in Shanghai signed a commitment to stop business on the afternoon of October 28, 2019", which was later reprinted by some media.

The association has verified with the relevant departments of Shanghai Internet Finance Special Rectification that the above "Notice to Investors" is all false information. Please do not believe in rumors, spread rumors, or make up rumors. (Sina Finance)

Alibaba plans to list in Hong Kong as early as November, raising up to $15 billion

According to Reuters, Alibaba plans to list in Hong Kong as early as November and raise up to US$15 billion.

Alibaba, China's largest e-commerce company, plans to seek listing approval from the Hong Kong Stock Exchange soon after the Singles' Day shopping spree and could list in late November or early December, sources said. The company is expected to forgo a roadshow, a meeting with institutional investors before a deal is launched, the sources added. The company hopes to raise $10 billion to $15 billion through the listing, according to Reuters.

The sources warned that these plans still depend on market conditions and requested anonymity because they have not yet been made public. Alibaba, which is listed on the New York Stock Exchange, did not immediately respond to a request for comment. (Tencent Securities)

Gree Electric: Business scope plans to add new energy power generation and delete telecommunications business

On October 30, Gree Electric Appliances issued an announcement that it plans to hold an extraordinary shareholders' meeting at 14:30 on November 18 (Monday) to discuss proposals including "Proposal on Amending the Company's Articles of Association" and "Proposal on Amending the Company's Articles of Association".

Gree Electric Appliances plans to add research and development, manufacturing, and sales of new energy power generation products, energy storage systems, and charging piles to its business scope in this revision of its articles of association; and delete the operation of telecommunications business and value-added telecommunications business. (Sina Technology)

Bitmain secretly submits application for listing on US stock market

On October 30, it was reported that a week before the internal personnel changes, Bitmain had secretly submitted an application for listing to the SEC, with Deutsche Bank as the sponsor.

According to insiders, from the initial target of Hong Kong stocks to the current US stocks, the IPO process of Bitmain has always been led by Wu Jihan and CFO Liu Luyao, with less involvement from Zhan Ketuan. Wu Jihan's strong return means that if he gets the support of shareholders, Bitmain will focus on the most advantageous blockchain industry, regroup in the mining machine and mining pool business, and launch an impact on the US stock market.

According to the company's official website, the company's products include computing chips, computing servers, and computing clouds, which are mainly used in the fields of blockchain and artificial intelligence. In the blockchain market, the company has shipped billions of chips, accounting for about 75% of the global market share. (Tencent News)

Nikkei: Apple to launch three 5G smartphones next year, with shipments of at least 80 million units

On October 30, Nikkei Asian Review quoted people familiar with the matter as saying that in order to regain the title of "the world's most innovative technology company", Apple will launch three 5G iPhones next year. The phone will also be equipped with the world's most advanced mobile processor and a technologically advanced screen.

Apple's net profit in the fourth quarter was US$13.686 billion, down 3% year-on-year

Apple released its fourth quarter results today. The report shows that in terms of products, Apple's revenue from iPhone in the fourth quarter was $33.362 billion, down from $36.755 billion in the same period last year, a year-on-year decrease of 9%; revenue from Mac was $6.991 billion, down from $7.340 billion in the same period last year.

Apple CEO Tim Cook said in a conference call after the release of the earnings report that the initial sales of iPhone 11, iPhone 11 Pro and iPhone 11 Pro Max were very good. The growth of the wearable device business has accelerated compared with previous quarters. The factors driving the growth come from many aspects, and the Apple Watch 5 also has disruptive innovation. (Sina Technology)

Facebook's third-quarter net profit was $6.091 billion, up 19% year-on-year

According to reports, Facebook released its third-quarter 2019 financial report ending September 30 after the market closed on Wednesday. The financial report showed that Facebook's third-quarter revenue was US$17.652 billion, a 28% increase from US$13.727 billion in the same period last year; net profit was US$6.091 billion, a 19% increase from US$5.136 billion in the same period last year.

Facebook founder and CEO Mark Zuckerberg said, "We had a great quarter and our community and business continue to grow. We are committed to making progress on major social issues and building new experiences to improve the lives of people around the world." (Tencent Technology)

Facebook reaches agreement with UK regulator to pay $643,000 for data breach

On October 30, according to foreign media reports, Facebook reached a settlement with the UK data protection agency and agreed to pay 500,000 pounds (about 643,000 US dollars) in compensation.

After the massive user information leak in March last year, the UK Information Commissioner's Office (ICO) began investigating Facebook's data security measures. In October last year, the ICO announced a fine of £500,000 on Facebook.

Despite this, the ICO is still investigating other issues with Facebook, including tracking users' online behavior. Last November, the ICO submitted the relevant issues to the Irish Data Protection Authority, Facebook's main regulator in the European Union. (Sina Technology)

Peugeot, Fiat Chrysler boards approve $49 billion merger

The boards of directors of French automaker Peugeot and Italian-American Fiat Chrysler Automobiles have approved a preliminary merger plan that would create one of the world’s largest automakers, according to people familiar with the matter. Under the proposal, shareholders of each company would own 50% of the combined entity, the people said.

Fiat investors will receive a 5.5 billion euro ($6.1 billion) dividend, while Peugeot will give shareholders a share of its stake in auto parts maker Faurecia SE worth about 3 billion euros, the people said.

The board of directors of the combined company will consist of 11 members, with six from Peugeot, including CEO Carlos Tavares, who will lead the new company. Fiat Chairman John Elkann will serve as chairman of the combined company. The combined company will be headquartered in the Netherlands, where Fiat Chrysler is currently located. Representatives for Peugeot and Fiat Chrysler declined to comment. (Sina US Stocks)

Uber launches self-driving safety and liability advisory committee

One year and seven months after the Uber self-driving accident, the company established the Autonomous Driving Safety and Responsibility Advisory Committee (SARA) to address various safety issues in autonomous driving and pay attention to the potential dangers of this technology in the process of being introduced to the public.

According to foreign media reports, the newly established committee is responsible for reviewing and recommending changes to Uber's Advanced Technology Group (ATG) policies. The committee consists of six members: George Snyder, president of GHS Aviation Safety Experts, Dr. Jeffrey Runge, president of Biologue, Inc., David Carbaugh, former test pilot and chief pilot of Boeing, Shailen Bhatt, president of the American Intelligent Transportation Association, and Adrian Lund, former president of the Insurance Institute for Highway Safety. (Geek Park)

Apple starts selling iPhone XR assembled in India

Apple Inc has started selling iPhone XR phones assembled in India as it looks to expand its share of the world's second-largest smartphone market.

According to reports, on October 29, iPhone XR boxes with the label "Assembled in India" could be seen in many electronics retail stores in India, with the 64GB version priced at 49,900 Indian rupees (1 RMB is approximately 10.1 Indian rupees).

Faced with fierce competition from high-end smartphones such as Samsung and OnePlus, Apple has significantly cut the price of iPhone XR in India to cope with the long-term sales slowdown. (Reference News)

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