[British Prime Minister Tras announced his resignation] On October 20 local time, British Prime Minister Elizabeth Tras announced his resignation as head of the Conservative Party and voluntarily resigned as British Prime Minister.

[ British Prime Minister Tras announced his resignation] On October 20th local time, British Prime Minister Elizabeth Tras Announced his resignation as head of the Conservative Party, and he will automatically resign as British Prime Minister. Tras served as prime minister for only 45 days, and she has become the shortest-term prime minister in British history. ( CCTV News )

[ Lei Jun talks about car manufacturing: Xiaomi ’s only way to succeed is to rank among the top five in the world, with annual shipments of over 10 million vehicles] Lei Jun said on social media: I believe that when the electric car industry matures, the world’s top five brands will occupy more than 80% of the market share. In other words, the only way we can succeed is to be one of the top five, with more than 10 million shipments a year, and the competition will be cruel. (Interface News)

[Musk plans to lay off 75% of his employees on Twitter ] Musk told potential investors in the deal to acquire the company that he plans to fire nearly 75% of Twitter's 7,500 employees and streamline the company's employees to slightly more than 2,000. Even if Musk's final acquisition fails, Twitter needs to lay off employees to reduce costs. (Interface News)

[Make a friend and confirm Luo Yonghao Taobao live broadcast, Tmall response] Make a friend and said that the team has confirmed to enter Taobao live broadcast and opened the "Make a friend and strictly select store" on Taobao. Luo Yonghao will start broadcasting on Tmall at 8 pm on October 24. Tmall responded that this year's Double 11, Tmall has many new anchors, new merchants and new brands joined, which makes Double 11 richer and more fun. ( China Radio and Television )

[Kuaishou will open Taobao Alliance external link] Insiders revealed that from 0:00 on October 28, 2022, Taobao Alliance product links will gradually resume publishing product and service links in Kuaishou live broadcast room shopping carts, short video shopping carts, trade details pages, etc. The full recovery will be officially completed on October 31. ( Science and Technology Innovation Board Daily)

[ Hermes Q3 revenue exceeds expectations, and prices will increase next year] The world's top luxury brand company Hermes released its third quarter financial report. According to the financial report, the company's third-quarter revenue increased by 532.5% year-on-year to 3.1 billion euros, exceeding analyst expectations. Although some stores in Greater China were temporarily closed in the last quarter due to epidemic measures, sales in the region still rebounded strongly. The group plans to raise global product prices by 5% to 10% by 2023. (Cailianshe)

[Musk: Tesla 's market value may exceed Apple and Saudi Aramco's total] Tesla released its third-quarter financial report, with total revenue of US$21.454 billion, a year-on-year increase of 56%, and delivered more than 343,000 cars, a year-on-year increase of 42.4%. Although net profit exceeded expectations, revenue and delivery volume were lower than Wall Street expectations. Musk said Tesla's market value may exceed Apple and Saudi Aramco combined. ( The Paper )

[The cost of Tesla's next-generation new car will be half of that of Model 3/Y] During the third quarter call, Tesla CEO Musk "spoiled" the plan for Tesla's next-generation model in advance. He said the cost of the next-generation new car will be half the cost of the Model 3/Y, but its output may be higher than the total of all the company's current products. (The Paper)

[News said that iPhone 14 Plus will reduce production significantly, with order cuts reaching about 40%] News said that iPhone 14 Plus models have been depressed due to the overall market being deserted, Apple has determined to cut orders for iPhone 14 Plus. Industry insiders said that there have been news that the iPhone 14 Plus will significantly reduce production, with the order cut of about 40%, and other models will make up for the gap in total shipment. (Upstream News)

[TSMC responds to rumors of expanding investment in Japan: proceed as planned] According to reports, the Japanese government has signaled that it hopes that TSMC can further expand its production capacity in Japan in addition to a factory area under construction. If TSMC expands in Japan beyond its current plan, it will consider producing more advanced chips in Kyushu.In response, TSMC pointed out that the Japanese factory is currently in accordance with the original plan and the progress is good. Don't comment on market rumors. (Cailianshe)

[Official response to GAC Trumpchi M8 Grandmaster sales] In response to the increase in price of ordering for M8 Grandmaster version on the Internet, GAC Trumpchi official stated: This behavior runs contrary to GAC Trumpchi's sales philosophy, and will continue to pay attention to and strictly manage the behavior of authorized dealers to disrupt market order. ( Beijing News )

[ BYD : has delivered nearly 3,000 new energy vehicles to Colombia] BYD official Weibo announced that BYD e-platform 3.0's first A-class trend-running SUV - Yuan PLUS, was launched in Colombia. It is understood that since 2020, BYD has cooperated with local dealer Motorysa to sell BYD's full series of new energy passenger cars in Colombia. So far, BYD has delivered nearly 3,000 new energy vehicles to Colombia. (Interface News)

[ Great Wall Motor : The current range of hydrogen fuel heavy trucks is about 400 kilometers] Great Wall Motor stated that the current range of hydrogen fuel heavy trucks is about 400 kilometers. Since the current infrastructure construction of hydrogen refueling stations and other infrastructure is not very perfect, it mainly focuses on fixed operation scenarios. It is currently established cooperation with Delong Steel , Rongcheng Steel and other companies. (First Financial )

[Meta has developed Minnan AI translation] Meta announced that Meta has established the first AI-driven voice translation system for Minnan , and displayed a real-time translation between Minnan and English in the video. The project is working on developing more real-time voice-to-voice translations so that the residents of the metaverse can interact more easily. (The Paper)

[ BMW plans to invest $1.7 billion to make electric vehicles in the United States] BMW is making a new $1 billion investment in its factory in Spartanburg, South Carolina to prepare for the production of electric vehicles and will spend $700 million to build a new high-voltage battery assembly plant near Woodruff, South Carolina. (Cailianshe)

[ Amazon faces class action lawsuit in the UK for abuse of algorithms ] Amazon faces class action lawsuit in the UK and is accused of using a "secret" algorithm to abuse its dominance in the online market. Amazon has increased exposure to its own products by using a "secret and self-interested algorithm" in the Buy Box feature, allowing millions of customers to pay higher prices. (Securities Star)

[Indian regulator issued a fine of more than US$160 million on Google ] Indian competition regulator announced a fine of 13.38 billion rupees (approximately US$161.95 million) on Google under Alphabet, due to the latter's abuse of dominance in multiple markets in the Android mobile device ecosystem. The Competition Commission of India (CCI) also requires Google not to provide any incentives to smartphone manufacturers to exclusively carry Google search services. (Cailianshe)

[ Bill Gates : The European energy crisis is a good thing in the long run] Bill Gates, founder of Microsoft, said on the 18th local time that the European natural gas supply and affordability crisis is actually "a good thing in the long run", which will ultimately force the European continent to accept renewable energy. ( Observer Network )

[Duoxiangyun passed the listing hearing on the Hong Kong Stock Exchange] According to the Hong Kong Stock Exchange documents, Duoxiangyun Holdings Co., Ltd. passed the listing hearing on the Hong Kong Stock Exchange, and China-Thailand International is the exclusive sponsor. (Interface News)

["GAC Aion" completed the A-round financing initiative] GAC Group announced that its subsidiary GAC Aion New Energy Vehicle Co., Ltd. completed the A-round financing initiative.This round A financing was jointly led by PICC Capital, South Network Nengchuang, Guodian Fund, Shenzhen Venture Capital , CITIC Jinshi, Guangzhou Industrial Investment Group or its funds/institutions. A total of 53 strategic investors were introduced, with a total financing of 18.294 billion yuan and a release of 17.72% of the shares. (Daily Economic News)

["Biaobei Technology" completed B1 round of financing of tens of millions of yuan] Biaobei Technology completed B1 round of financing of tens of millions of yuan, invested by Cornerstone Venture Capital and Fed Venture Capital. This round of financing will be mainly used for the company's product research and development iteration and market expansion, providing better voice technology products and AI data services for the artificial intelligence industry. (Beijing Youth Network)

["Uncarded VETRESKA" completed US$50 million financing] Uncarded VETRESKA's Singapore subsidiary VETRESKA FUTURE PET FOOD completed US$50 million financing, invested by Quest FoF. This round of financing will be used to split its pet supplies and pet food entities, making the group more flexible in the future management and more focused on brand and product output. ( Ruizun Analysis )

["He Suo" completed angel round financing of tens of millions of yuan] He Suo completed angel round financing of tens of millions of yuan, exclusively invested by Naixue's tea subsidiary Meihao Lili Power, and Anyu Consumer serves as a long-term exclusive financial consultant. This round of financing will be used to accelerate store expansion, product research and development and organizational upgrades. ( Ruizun Analysis )

[ China Biologics successfully isolate monkeypox virus and starts vaccine drug development] On October 20, China Biologics released a message saying that recently, the China Pharmaceutical Group China Biologics Wuhan Institute of Biological Products successfully isolated monkeypox virus strain from clinical samples of infected patients, helping to prevent and control various scientific research and development of monkeypox epidemic. (Beijing News)

[iQOO releases new mobile phone iQOO Neo7, price starts at 2699 yuan] iQOO officially releases new mobile phone iQOO Neo7, equipped with Dimensity 9000+ chip, 120w flash charging, 5000mAh large battery, price starts at 2699 yuan. (The Paper)

[ Thunderbird innovatively releases new XR glasses] AR brand Thunderbird innovatively releases new XR glasses Thunderbird Air 1S, priced at 2,499 yuan, and the initial price is 2,299 yuan. This product uses BirdBath+MicroOLED technology solution, which can achieve the display effect of a 130-inch high-definition giant screen with a distance of 4 meters. MicroOLED supplier is Sony . (IT Home)

[Avita 11 is about to open lock orders, and delivery is expected to start from December] Avita official Weibo announced that Avita 11 will officially open lock orders from 16:00 on October 22. All users of the company can officially lock the vehicle configuration through locking order operation and enter the production schedule. Avita 11 is expected to start delivering in December 2022. (IT Home)

[Tesla: Semi electric trucks are scheduled to start delivery in December 2022] Tesla said that Semi electric trucks are scheduled to start delivery in December 2022, and tight battery supply will be the main limiting factor; the company has sufficient liquidity to provide funds for product roadmap, long-term capacity expansion plans and other expenses. (Cailianshe)

[Institution: the global 6G market size exceeds US$340 billion in 2040] market research institution Market Research Future predicts that the global 6G market size exceeds US$340 billion in 2040, with an annual compound growth rate of 58.1%. The agency believes that China will be one of the world's largest 6G markets and that China will also become an early adopter of 6G technology. (Science and Technology Innovation Board Daily)

[Sanya has a maximum subsidy of 10,000 yuan for new energy battery swap models] According to the Sanya Municipal Bureau of Science, Industry and Information Technology, from October 20 to March 31 next year, Sanya will give special gradient energy-swap price subsidy for the promotion of new energy battery swap vehicles, with a maximum subsidy of 10,000 yuan for a single car. (China Business Network)