Core Viewpoint - Huawei officially announced the pre-sale of the new Huawei WATCH ULTIMATE DESIGN in purple gold color, set to begin on November 15 at 10:08 AM, continuing the high-end design style of the series [1] Product Features - The new purple gold version follows the release of previous models including black gold, blue gold, and sapphire gold since the series' launch in 2023 [1] - The watch features premium materials and precision craftsmanship, including a gold-inlaid bezel, ceramic materials, and a retractable buckle structure [1] - It supports advanced functionalities such as bidirectional Beidou satellite messaging, eSIM independent communication, high-level waterproofing, and smart vehicle control [1] Pricing and Comparison - The previous model, launched in November last year, was priced at 23,999 yuan, featuring six segments of 18K gold, 24K pure gold characters, a gold rotating crown, a titanium alloy strap, and a flexible butterfly buckle with 12 levels of adjustment [1] - The new product is expected to have upgrades in health monitoring indicators and smart interaction capabilities, with specific performance parameters to be confirmed upon official release [1]

凤凰网科技讯 北京时间11月14日，据路透社报道，当地时间周四，苹果公司和OpenAI未能说服美国联 邦法官驳回埃隆·马斯克(Elon Musk)旗下X公司提起的诉讼。该诉讼指控这两家公司共谋垄断智能手机 和生成式AI聊天机器人市场。 苹果在申请驳回诉讼时表示，其与OpenAI的合作并非排他性协议，且诉状未能证明存在禁止苹果与其 他聊天机器人合作的协议。"优先选择一家合作伙伴并不构成违法。"苹果对法庭表示。 苹果否认存在任何反竞争行为，并告知法庭用户仍可通过浏览器和应用程序使用其他聊天机器人，而且 X的聊天机器人Grok在App Store排行榜中位居前列。 OpenAI则在回应诉讼时指控马斯克对OpenAI和ChatGPT发起了"法律战"。马斯克则在加州联邦法院对 OpenAI及其领导人另行提起诉讼。OpenAI的ChatGPT在2022年底推出后的几个月里，成为史上增长最 快的消费类应用。 截至发稿，苹果、OpenAI以及X均尚未就此置评。(作者/箫雨) 美国得州沃斯堡地方法官马克·皮特曼(Mark Pittman)在裁决中表示，马斯克旗下X及其AI创业公司xAI目 前可以继续推进诉讼。在这场关于AI主导 ...

美国东部时间周四接近16点(北京时间周五5点)，蓝色起源从佛罗里达州卡纳维拉尔角附近的一个发射 台发射了其"新格伦"(New Glenn)火箭。该火箭计划部署两颗美国宇航局(NASA)的科学卫星。这两颗卫 星将飞往火星，目标之一是研究这颗红色星球的大气层。 凤凰网科技讯 北京时间11月14日，据《华尔街日报》报道，杰夫·贝佐斯(Jeff Bezos)旗下蓝色起源周四 朝着其太空探索目标迈出了关键一步，该公司首次发射了携带货物的轨道级火箭，并实现了火箭助推器 的着陆。 在周四的发射之前，这次任务先因佛罗里达的天气状况被推迟，之后又因为太空中的一次太阳风暴而延 后。这次任务标志着新格伦首次为外部客户发射卫星。(作者/箫雨) 发射大约10分钟后，新格伦的助推器在大西洋上的一艘无人船上着陆。该公司在今年早些时候的首次火 箭发射中未能完成这一操作。直播画面显示，助推器在着陆前点燃引擎以减缓下降速度。 蓝色起源花了大约十年时间研发这枚高321英尺(约合98米)的新格伦火箭，并在今年1月首次将其送上 天。公司正努力让这枚火箭实现常态化飞行，以解决客户积压订单，并推进贝佐斯的宏大太空目标。 亚马逊创始人贝佐斯出现在直播画面中 ...

Core Insights - OpenAI's former CTO Mira Murati is in early talks for a new funding round for her AI startup, Thinking Machines Lab, with a valuation of approximately $50 billion [1] - This funding round, previously unreported, would increase the company's valuation from $12 billion in July to over three times that amount in less than a year, positioning it among the world's most valuable private companies [1] - While the target valuation is around $50 billion, some sources suggest it could rise to nearly $55 billion or $60 billion [1] Funding History - In July, Thinking Machines Lab completed one of the largest seed funding rounds in history, raising $2 billion at a valuation of $12 billion [1] - The company launched its first product, Tinker, shortly after the funding, which allows users to customize or "fine-tune" large language models more easily [1] Current Status - As of the report, Thinking Machines Lab has not provided any comments regarding the ongoing funding discussions [1]

Group 1 - Apple launched the "Mini Apps Partner Program" on November 14, reducing the in-app purchase commission rate from 30% to 15% for participating developers [1][2] - Developers must integrate several specified Apple technologies, including advanced business APIs and age rating declaration APIs, to optimize the purchasing process and support content age classification [1] - The program is applicable to apps hosting mini apps or games on iOS and iPadOS platforms, with all content needing to comply with Apple's review agreements [1] Group 2 - Since 2017, Apple has supported the development of mini apps and games using HTML5 and JavaScript, with further technical support for in-app purchases introduced in January [2] - The new partnership program is seen as a continued investment in the mini app ecosystem, aimed at attracting more developers to deepen their content and commercial presence on Apple's platform [2] - Analysts believe that lowering the commission may enhance developers' revenue potential and further drive the commercialization of the mini app ecosystem, reflecting Apple's strategic adjustments in maintaining platform ecology and developer relations [2]

Core Viewpoint - The Federal Reserve's decision on whether to cut interest rates in December is still uncertain, with officials expressing differing opinions on the future of interest rates amid persistent inflation and a weakening labor market [1][2]. Group 1: Interest Rate Outlook - Mary Daly, President of the San Francisco Fed, stated that it is too early to conclude whether the Fed will cut rates in December, emphasizing an open-minded approach as more data will be released before the meeting [1]. - The Fed's recent decision to lower rates by 25 basis points saw dissent among officials, with one advocating for no change and another for a 50 basis point cut [1]. - Cleveland Fed President Beth Hammack expressed concerns that further rate cuts could undermine the Fed's commitment to achieving a 2% inflation target [1]. Group 2: Inflation and Labor Market - Daly noted that inflation, when excluding tariff impacts, is closer to the Fed's 2% target but remains stubbornly high, while the labor market has shown clear signs of slowing [2]. - The recent rate cuts in September and October were intended to stabilize risks in the labor market, but there are growing concerns about continued weakening in labor demand [2]. Group 3: Communication and Policy Goals - Daly emphasized the importance of clear communication from the central bank regarding its balance sheet operations and the multiple roles it plays [2]. - She highlighted the need for policymakers to distinguish their objectives in different scenarios, such as providing liquidity during crises versus stimulating growth during recessions [2]. Group 4: Balance Sheet Management - Since 2022, the Fed has been gradually reducing its balance sheet, but it announced a halt to this "passive shrinking" due to rising short-term financing rates indicating tightening market liquidity [3]. - New York Fed President John Williams indicated that the level of reserves in the banking system will soon fall to what is considered "adequate," potentially leading the Fed to gradually resume asset purchases [3].

Core Viewpoint - Rokid and BOLON jointly launched new smart glasses, integrating traditional craftsmanship with modern technology, targeting both consumer and business markets [1] Group 1: Product Launch - Rokid introduced a national trend series of smart glasses themed "Wind, Forest, Fire, Mountain," priced between 4599 yuan and 9688 yuan, incorporating traditional crafts like Hangzhou embroidery and wood carving [1] - BOLON launched AI smart glasses featuring Qualcomm AR1 processor and a 12-megapixel Sony camera, priced at 2199 yuan, emphasizing stylish design and advanced functionalities such as AI object recognition, navigation, and translation [1] Group 2: Ecosystem and Partnerships - Rokid is expanding its ecosystem by collaborating with platforms like Amap, Alipay, QQ Music, JD Technology, and Flight Manager, covering various life scenarios including navigation, payment, music, shopping, and travel [1] Group 3: Business Applications - Rokid's smart glasses have been applied in sectors such as transportation, real estate, vehicle control, and healthcare, enhancing industry efficiency [1] - To boost user confidence, Rokid introduced the "Rokid Care" service, offering screen breakage and water damage coverage starting at an annual fee of 199 yuan [1]

Core Insights - Innovation is not an individual capability but a consensus formed within the industrial ecosystem, with China's technological strength becoming a significant driver in the global innovation wave [1] - Intellectual property (IP) is emerging as a key variable influencing industrial patterns, serving as a bridge connecting innovators, supply chains, and global markets [1] - Huawei's commitment to open innovation is evident in its substantial R&D investments, totaling over 1.24 trillion yuan in the past decade, with 179.7 billion yuan allocated in 2024 alone, representing 20.8% of its sales revenue [1][2] - The number of valid invention patents in China reached 5.689 million by the end of 2024, marking a 14.0% year-on-year increase [1] Huawei's Innovation and IP Strategy - Huawei's sixth "Top Ten Inventions" event showcased significant technological breakthroughs and emphasized the importance of open collaboration [1][3] - The company holds over 150,000 valid patents globally, covering key areas such as communication, computing, operating systems, and intelligent driving [2][3] - Huawei promotes technology sharing and ecosystem collaboration through patent licensing, standard co-construction, and open-source cooperation [2] Key Technological Innovations - The sixth "Top Ten Inventions" includes advancements in computing architecture, communication networks, operating systems, optical interconnection, storage technology, green energy, and intelligent driving [4] - The Scale-Up ultra-large-scale super-node computing platform aims to address long-standing communication efficiency bottlenecks in AI computing clusters [5] - The Harmony full-stack architecture enhances system fluidity and security through hardware-software collaboration, improving user experience and data control [5] Impact of Innovations - The innovations presented are designed to be replicable within the industry, allowing for broader adoption and integration into various supply chains [6] - Huawei has made over 200,000 patents available in the public domain for free use, further promoting innovation [6] - The "Chasi Patent" section on Huawei's website has seen over 2 million visits, facilitating access to patent resources for industry partners and research institutions [6] Specific Innovations and Their Applications - The Ascend 384 super-node, supported by eight key patents, represents a breakthrough in computing architecture, enabling high-speed interconnection and low-latency collaboration among AI processors [7][9] - Innovations such as the intelligent dynamic power supply patent address challenges in AI training load fluctuations, enhancing power distribution efficiency [9] - The system of interconnected patents creates a comprehensive innovation loop, ensuring stability and scalability in industrial environments [9] Conclusion - Huawei's innovation trajectory over the past decade has been characterized by a stable and continuous rhythm, treating patents as integral parts of the technology system rather than barriers [10] - The concept of "openness" has evolved to encompass a long-term attitude of respecting knowledge, collaboration, and the complexity of technology [10] - Huawei's ongoing efforts in patent licensing, open-source communities, and standard contributions reflect a commitment to fostering an ecosystem of shared innovation [10]

Core Viewpoint - The announcement of the resignation of Deputy General Manager Deng Haiqing from AVIC Fund due to personal reasons, effective November 13, highlights a significant leadership change within the company [1] Group 1: Management Changes - Deng Haiqing resigned as Deputy General Manager and Chief Investment Officer of AVIC Fund, with no indication of transferring to another position within the company [1] - Deng previously stepped down as the fund manager of AVIC Mixed Reform Selected Fund on May 6, 2023, and currently has no funds under management [1] - Deng Haiqing is a well-known economist with prior experience at Guojin Securities, Hongyuan Securities, and CITIC Securities, and joined AVIC Fund in December 2020 [1]

Core Viewpoint - The recent case of insider trading involving a securities firm's self-operated general manager highlights ongoing issues of misconduct within the industry, leading to significant penalties imposed by regulatory authorities [1][6]. Summary by Relevant Sections Regulatory Actions - The Heilongjiang Securities Regulatory Bureau issued a penalty of 4.7 million yuan to Tang Mouming for three violations: trading based on undisclosed information, suggesting others to engage in similar trading, and violating trading regulations as a securities professional [4][6]. Violations Details - Tang Mouming's violations include: 1. Engaging in insider trading by utilizing undisclosed information from November 2022 to June 2023, controlling accounts that traded 177 stocks with a total investment of 5.51 billion yuan, which accounted for 77.54% of the total buying amount [8][9]. 2. Indicating to others, including individuals named Xing and Xie, to trade based on undisclosed information, resulting in a total of 2.12 billion yuan in similar trades [8][9]. 3. As a securities professional, he conducted illegal stock trading amounting to 1.4 billion yuan, excluding the coordinated trading amounts [9][10]. Industry Context - The case of Tang is not isolated; there have been at least three other similar cases in the year involving securities professionals engaging in insider trading, even when no profits were made [10][11]. - Regulatory bodies are intensifying their scrutiny of insider trading practices, with new guidelines being proposed to manage the investment behaviors of key personnel within securities firms [12].