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China Mobile Limited 2019 Annual Report on Form 20-F Filed with the US SEC

HONG KONG, April 29, 2020 /PRNewswire/ — China Mobile Limited (the “Company”) (HKEx: 941) (NYSE: CHL) announced today that it has filed its Annual Report on Form 20-F for the year ended December 31, 2019 (the “2019 Form 20-F”) with the U.S. Securities and Exchange Commission.

The 2019 Form 20-F is available on the Investor Relations section of the Company’s website at http://www.chinamobileltd.com and on the SEC’s website at http://www.sec.gov. Shareholders may also request a hard copy of the Company’s complete audited financial statements, free of charge, by contacting the Company at Investor Relations Department, China Mobile Limited, 60/F, The Center, 99 Queen’s Road Central, Hong Kong (Email: ir@chinamobilehk.com; Telephone: 852-3121-8888; Fax: 852-2511-9092).

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Huawei Launches the Storage Server of Tomorrow-The Next-Gen FusionServer Pro 2298 V5

SHENZHEN, China, April 29, 2020 /PRNewswire/ — Huawei Computing Product Line unveils the next-gen FusionServer Pro 2298 V5, a 2U 2-socket storage rack server that provides up to 450 TB storage capacity. Designed to resolve the problems of low storage capacity and limited room space, it is a smart choice for customers looking to deploy a high-density and large-capacity storage solution in their data centers.

The Huawei next-generation FusionServer Pro 2298 V5 storage server
The Huawei next-generation FusionServer Pro 2298 V5 storage server

The FusionServer Pro 2298 V5 storage server is a cutting-edge product running on the Cascade Lake Refresh processor, the newest member of the Intel® Xeon® Scalable processor family, and the server supports the Intel® Optane™ DC persistent memory (DCPMM). The Cascade Lake Refresh processor offers a base frequency up to 3.9 GHz with a 4.5 GHz turbo boost, a new height for Intel’s Xeon lineup. It supports more cores and provides higher hyper-threading processing capabilities, delivering a performance that is 36% higher than its predecessors.

The FusionServer Pro 2298 V5 can house 24 3.5-inch and 4 2.5-inch drives, as well as 4 NVMe SSDs, in a 2U space, providing up to 450 TB storage capacity. It offers high density, performance, and scalability for enterprise customers, helping you seamlessly handle the mass data generated in daily services. Thanks to its easy maintenance and management, this server helps slash the high O&M costs, a pain point that has haunted industry customers for years. This storage server is tailored to a wide range of scenarios, such as the distributed storage, software-defined storage, big data analytics, video, data backup, archiving, and data-intensive warm and cold storage. It offers large-capacity and cost-effective storage for enterprise customers in the Internet and carrier industries.

FusionServer Pro 2298 V5 equipped with 24 3.5-inch front drives
FusionServer Pro 2298 V5 equipped with 24 3.5-inch front drives

The FusionServer 2298 V5 boasts the following advantages:

  • Ultra-large storage: Supports various drive configurations and provides elastic storage capacity, meeting upgrade requirements at different storage capacity levels. Supports SATA/SAS SSDs or PCIe NVMe SSDs as the cache, improving drive read/write performance.
  • High I/O expandability: Provides diverse network ports, such as four PCIe 3.0 slots, two 10GE and two GE LOM ports, as well as one OCP mezzanine card 2.0.
  • System acceleration: Supports two SATA M.2 SSDs for independent OS installation and high-speed startup. The two M.2 SSDs provide capacity options of 32, 64, 240, and 480 GB, and support hot swap and hardware RAID. All these features ensure the OS high reliability.

Many customers are looking for ways to improve their system performance but at a lower energy consumption. The Huawei FusionServer 2298 V5 answers this pain point. It adopts an intelligent power management design and capitalizes on the power capping technology to help customers improve deployment density. In addition, the Huawei-patented Dynamic Energy Management Technology (DEMT) automatically monitors resource usage based on service loads and dynamically adjusts the minimum power based on resource utilization for solid and reliable server running. In doing so, the server power consumption is minimized without compromising service running, all while reducing your operating expense (OPEX).

Huawei has a proven track record of being a server supplier of both quality and quantity. According to Gartner, the world’s leading research and advisory company, the total shipment of the Huawei x86-based servers from 2012 to 2019 amounted to 4.31 million units. The sales performance peaked in 2019 when the Huawei 4-socket servers topped the world in terms of shipment and sales volumes for that year. As a global strategic partner of Intel, Huawei has been adhering to a customer-centric approach and making unswerving commitments to the digital transformation of enterprises for the success of customers. A more intelligent data center is critical to fulfilling this commitment. To this end, Huawei is collaborating with Intel to provide high-performance, energy-efficient, secure, and reliable products and solutions.

About Huawei

Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices. With integrated solutions across four key domains – telecom networks, IT, smart devices, and cloud services – we are committed to bringing digital to every person, home and organization for a fully connected, intelligent world.

Huawei’s end-to-end portfolio of products, solutions and services are both competitive and secure. Through open collaboration with ecosystem partners, we create lasting value for our customers, working to empower people, enrich home life, and inspire innovation in organizations of all shapes and sizes.

At Huawei, innovation focuses on customer needs. We invest heavily in basic research, concentrating on technological breakthroughs that drive the world forward. We have more than 194,000 employees, and we operate in more than 170 countries and regions. Founded in 1987, Huawei is a private company wholly owned by its employees. For more information, please visit Huawei online at www.huawei.com or follow us on:

http://www.linkedin.com/company/Huawei 
http://www.twitter.com/Huawei 
http://www.facebook.com/Huawei 
http://www.youtube.com/Huawei

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Sogou Unveils Upgrades to its AI-Driven Multilingual Mobile Keyboard

BEIJING, April 29, 2020 /PRNewswire/ — Sogou Inc. (NYSE: SOGO) (“Sogou” or “the Company”), an innovator in search and a leader in China’s internet industry, released its Sogou Mobile Keyboard 10.8, the latest version of the Sogou Mobile Keyboard. Powered by Sogou’s leading AI technologies, the latest upgrade features new multilingual voice-based transcription and translation services, supports language input in four more languages, and offers improved accuracy rates for voice inputs.

As the most popular Chinese-language mobile input app by number of monthly active users, the Sogou Mobile Keyboard makes communication easier and more efficient for millions of individuals. By enhancing the user experience and enabling people to communicate smoothly across multiple languages, the Sogou Mobile Keyboard continues to break down language barriers.

Multilingual Translation and Transcription

The Sogou Mobile Keyboard 10.8 now supports voice-based translation between Chinese and seven foreign languages, including English, French, Spanish, Russian, German, Japanese, and Korean. It also provides voice transcription services for nine foreign languages and ten Chinese dialects with an 85% accuracy rate.   

Voice-based translation in real-time
Voice-based translation in real-time

Supports Language Input in Eight Languages

The latest version also supports language input in Spanish, Russian, Arabic, and French, building on the existing keyboards in Chinese, English, Japanese and Korean. Users can easily communicate in multiple languages without switching between different input methods.

Further, to help users communicate more eloquently, the English keyboard comes with a thesaurus that provides a large collection of synonyms for over 4,000 commonly used words. Users simply tap a word and its synonyms pop up.

Enhanced Voice Input Experience

The Sogou Mobile Keyboard 10.8 also features an upgraded voice input system, with the voice recognition accuracy rate for speech entered from a distance increasing by 30% and by 20% for speech in Mandarin, compared with the previous version. Further, when pronunciation is unclear or inaudible, the smart keyboard recommends possible words for users to choose from. 

In addition, the revamped Sogou Mobile Keyboard provides a full suite of features to enrich user interactions and offer a more personalized experience, including sentence correction, text prediction, and smart recommendations.

With the latest upgrades to the Sogou Mobile Keyboard,  Sogou showcases its continued commitment to making communication easier for millions of users at home and abroad by leveraging its AI capabilities in voice, image, natural language processing, and machine learning.

Safe Harbor Statement

This announcement contains forward-looking statements. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. These statements are based on current plans, estimates, and projections, which involve inherent risks and uncertainties. We caution you that a number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Potential risks and uncertainties include, but are not limited to, intense competition in the market for search and search-related services; our need to continually innovate and adapt in order to grow our business; our reliance on Tencent platforms for a significant portion of our user traffic; and uncertainty regarding the extent and reach of PRC governmental regulation of sponsored search. Further information regarding these and other risks is included in Sogou’s Annual Report on Form 20-F for the year ended December 31, 2019 filed with the Securities and Exchange Commission on April 21, 2020, and other documents Sogou files with or submits to the Securities and Exchange Commission.

About Sogou

Sogou Inc. (NYSE: SOGO) is an innovator in search and a leader in China’s internet industry. With a mission to make it easy to communicate and get information, Sogou has grown to become the second-largest search engine by mobile queries and the fourth largest internet company by MAU in China. Sogou has a wide range of innovative products and services, including the Sogou Input Method, which is the largest Chinese language input software for both mobile and PC. Sogou is also at the forefront of AI development and has made significant breakthroughs in voice and image technologies, machine translation, and Q&A, which have been successfully integrated into our products and services.

For media enquiries, please contact:

Yadan Ouyang
Brunswick Group
Tel: +86 10 5960-8600
Email: sogou@brunswickgroup.com

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Source: Sogou Inc.

Remote Work Trend Boosts Global Demand for Network Access Control Solutions

The global NAC market is estimated to reach $2.21 billion by 2024, finds Frost & Sullivan

SANTA CLARA, California, April 28, 2020 /PRNewswire/ — Frost & Sullivan’s recent analysis, Global Network Access Control Market, Forecast to 2024, finds that the proliferation of the Internet of Things (IoT), the convergence of information technology (IT) and operation technology (OT), and customers’ migration to the cloud at a faster pace are rapidly driving the NAC market. The sector is estimated to increase by two-thirds, reaching $2.21 billion by 2024 from $1.35 billion in 2019, at a compound annual growth rate (CAGR) of 10.4%. With 60.2% market share, North America will continue to be the largest market for NAC until 2024; APAC is the fastest-growing region and its share of the global NAC market is estimated to increase from 9.9% in 2019 to 11.9% in 2024. The COVID-19 pandemic will cause a severe slowdown in 2020. Thereafter, the NAC market is expected to regain annual double-digit growth rates as organizations settle into a “new normal.”

Remote Work Trend Boosts Global Demand for Network Access Control Solutions
Remote Work Trend Boosts Global Demand for Network Access Control Solutions

For further information on this analysis, please visit: http://frost.ly/42z

“Security vendors are working closely with their customers in order to support them in this unprecedented transition to work from home (WFH). They are focused on ensuring their clients’ business continuity, and the pandemic has underlined the value of cloud services in delivering and deploying security solutions to remote devices,” said Tony Massimini, Senior Industry Analyst at Frost & Sullivan. “However, the cloud environment needs security as well. Having a remote workforce highlights the need to leverage NAC. Large cybersecurity vendors with broad product portfolios will want to add this solution as well.”

Vendors should continue to innovate cloud security, work closely with AWS, Azure, Google Cloud, and other tech vendors, and focus on virtual appliances and NAC as Software-as-a-Service (SaaS). Additionally, NAC is adapting to a more mobile environment as enterprises expand beyond the traditional secure walls.  

The complexity of 802.1X deployment (one of the best methods for authentication), surging diversity of IoT devices, and increasing NAC solution costs for large enterprises are likely to hinder the market. NAC vendors’ move to work beyond the traditional IT perimeter and innovation in other technologies will boost growth opportunities via:

  • Incorporating NAC into OT to improve security tools for better coordination and to leverage IoT technology.
  • Focusing on virtual appliances and SaaS for customers’ quick migration to public and private clouds.
  • Instrumentalizing the concept of zero trust networking (ZTN)—the never trust, always verify principle—so security vendors, including NAC, can promote their capabilities via integration of their product portfolios.
  • Capitalizing on use cases of IoT, BYOD, and mobility, which are increasing at a significant rate. Most IoT devices do not have the resources to handle an agent, so agentless technology is required.

Global Network Access Control Market, Forecast to 2024 is the latest addition to Frost & Sullivan’s Information and Communications Technology research and analyses available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.

About Frost & Sullivan
For over five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Global Network Access Control Market, Forecast to 2024

K45F

Contact:
Mariana Fernandez
Corporate Communications
T: +1 (210) 348.1012
E: mariana.fernandez@frost.com

http://ww2.frost.com

Shouqi Limousine & Chauffeur cooperates with Alibaba Cloud, leveraging innovation advantages to build a new industry ecosystem of 5G Internet of Vehicles

BEIJING, April 28, 2020 /PRNewswire/ — The Intelligent "Internet of Everything" (IoE) will become a reality in the 5G era, and "edge computing" is a key technology in the 5G era that will become one of the indispensable infrastructures of the digital universe. Edge computing exploits the advantages of 5G and is the next market opportunity beyond connectivity for the digital transformation of industry and enterprise.

A cooperative pilot project between Shouqi Limousine & Chauffeur and Alibaba Cloud has been initiated to explore 5G, edge computing for online ride-hailing mobile services. To lead the new era of intelligent transportation the project will jointly explore the application and expansion of edge computing in transportation under 5G and together promote the development and upgrade of the public transport industry.

Shouqi Limousine & Chauffeur teams up with Alibaba Cloud, leveraging innovation advantages to build a new industry ecosystem of 5G Internet of Vehicles
Shouqi Limousine & Chauffeur teams up with Alibaba Cloud, leveraging innovation advantages to build a new industry ecosystem of 5G Internet of Vehicles

Greatly improving the performance with low latency for a more enhanced passenger experience

5G connectivity features high speed, low latency and high capacity. The network speed of 5G is significantly greater than that of 4G, up to 10 times faster; the latency of 5G has reduced to milliseconds, one tenth that of 4G; the capacity of 5G Internet connection is remarkably higher. The cooperation between Shouqi Limousine & Chauffeur and Alibaba Cloud will better promote the further development of Shouqi Limousine & Chauffeur in Internet of Vehicles projects and to realize the innovation of 5G application modes.

With the application of 5G edge computing for integrated solutions, the entire driving communication interaction process of Shouqi Limousine & Chauffeur — namely the perception, transmission, handling, and response of road traffic condition during the driving process —  will be transferred to Alibaba Cloud’s Edge Node Service (ENS) for processing. Under ENS the communication response speed is reduced to milliseconds, benefiting the "car intelligent" (CI) system assisting drivers to rapidly identify road situation for timely and correct decisions. The realization of intelligent driving assistance and intelligent safety management is advantageous to Shouqi Limousine & Chauffeur for meeting the real-time demand of perception analysis to feedback decisions in driving scenarios. CI integrated hardware will work in conjunction with 5G edge computing to further enable the upgrading of speech interaction and intelligent entertainment functions to comprehensively improve passenger experience.

Truly promoting the transformation of the information industry

The Internet of Vehicles that requires low latency and highly reliable connectivity will take the lead in applying 5G consumer technology. Furthermore 5G-based edge computing can shorten the communication distance between the terminal and the server. In the near future more data will be directly analyzed and processed outside the server on the terminal side with edge computing. Transition of the data center suggests that great changes will take place in IT infrastructure. The 5G-based edge computing of Shouqi Limousine & Chauffeur and Alibaba Cloud can truly achieve the transformation of the information industry by leading the way to technological changes, market changes and information industrialization to ultimately realize the distributed deployment and processing of business.

As a pioneering online ride-hailing platform in China, Shouqi Limousine & Chauffeur takes the lead in quality service, Internet of Vehicles applications and intelligent transportation construction for the whole industry. Shouqi Limousine & Chauffeur reached a strategic cooperation with Baidu in 2017 to focus on promoting the commercial operation of autonomous driving cars and the Internet of Vehicles. Shouqi Limousine & Chauffeur CI is the first vehicle intelligent hardware system launched by Apollo Duer OS Vehicle System under Baidu-Apollo Internet of Vehicles (IoV). It is the first application of AI and speech interaction technology for the online ride-hailing industry. Shouqi Limousine & Chauffeur has also cooperated with Carnet Cloud to jointly develop equipment and high standard safety solutions for the Internet of Vehicles. Together we aim to ensure the safety of both passengers and drivers with the creation and launch of the first system of "snatching orders just by waving your hands" function in the industry, by developing the functions of facial masks intelligent identification, and so on.

The public transport industry will progress toward a more intelligent orientation, with technology serving as the primary driving force. Over the past few years, Shouqi Limousine & Chauffeur has become a pioneering company in testing and applying new technologies, and its intelligent ecosystem has also benefited from its innovative and inclusive mindset. In terms of transportation, 5G technology and edge computing will promote an intelligent collaboration among more traffic participants. In cooperation with such companies such as Alibaba Cloud, Baidu and Carnet Cloud, Shouqi Limousine & Chauffeur has been enhancing its technical leadership and innovation capacity, and adopting pioneering technologies to make future travel securer, more efficient and smarter. Shouqi Limousine & Chauffeur aims to promote the development and transformation of the entire industrial ecology, and lead the development of intelligent transportation.

Prudential launches digital health app, Pulse by Prudential, to make healthcare more accessible and affordable to everyone amid COVID-19 spread

All registered Pulse by Prudential users can enjoy the following benefits:

  • 24/7 Video consultation with a doctor at a flat fee of S$15
  • S$100/S$200 daily allowance if hospitalised for COVID-19 (under Prudential’s S$1.5 million PRUcare package)

SINGAPORE, April 28, 2020 /PRNewswire/ — Prudential Singapore (“Prudential”) has launched an artificial intelligence (AI)-powered mobile app, Pulse by Prudential (“Pulse”), to provide all Singapore residents with round-the-clock access to healthcare services and real-time health information. With Pulse, users can check their symptoms; conduct a digital health assessment to better understand future disease risks; and seek timely health advice, at any time and from anywhere.

With Pulse by Prudential, users can check their symptoms; conduct a digital health assessment to better understand future disease risks; and seek timely health advice, at any time and from anywhere.
With Pulse by Prudential, users can check their symptoms; conduct a digital health assessment to better understand future disease risks; and seek timely health advice, at any time and from anywhere.

Prudential Singapore’s CEO Dennis Tan said the spread of COVID-19 has created a greater sense of awareness and urgency to check symptoms experienced when we are unwell, and to take better care of our health and well-being.

“We have been working closely with HealthTechs and local doctors to develop Pulse. The launch of the app in Singapore is timely in light of the COVID-19 spread and the nation’s circuit breaker measures. With Pulse, one can have real-time health information at their fingertips and ready access to a doctor without having to leave their homes.

“To provide further peace of mind, we are providing a daily allowance to Pulse users in the event that they are hospitalised for COVID-19. We hope this support measure will provide some relief and comfort to Singapore residents during this challenging period,” said Mr Tan.

Launched on 23 April 2020, Pulse is available to everyone in Singapore. Singapore residents aged 18 and above can enjoy the following benefits without having to pay any subscription fee when they download Pulse and register their profiles:

1. 24/7 Video Consultation with a Doctor at S$15[1]

Pulse users pay a flat fee of S$15 when they consult a doctor. The fee does not include cost of medication and delivery. The panel of Singapore-licensed general practitioners (GPs) are registered with the Singapore Medical Council. They have also been trained to assess if an individual is suspected to have COVID-19.

2. S$100/S$200 daily hospitalisation allowance under the S$1.5 million PRUcare package[2]

Prudential is offering the following hospitalisation benefit under its PRUcare package to all registered Pulse users[3] who are hospitalised[4] for COVID-19:

  • S$100 daily allowance (for up to 3 months of hospitalisation) for non-Prudential customers[5] hospitalised between date of app (Pulse) registration and 31 May 2020.
  • One-month extension of S$200 daily allowance (for up to 3 months of hospitalisation) from 1 July to 31 July 2020 for Prudential customers[6]. This includes employees of its corporate and SME customers who are covered by its Group Insurance.

Since the launch of the PRUcare package on 19 February 2020, Prudential has paid out more than S$800,000 in cash benefits to those impacted by COVID-19.

Empowering people to take charge of their health and well-being with HealthTechs Pulse is part of Prudential’s region-wide strategy to make healthcare affordable and accessible to all individuals and families.

The digital health app, designed to empower people to take charge of their health and well-being, will continue to evolve with more value-added services slated for launch in the second half of the year.

The following in-app health and wellness features, backed by UK-based Babylon and Singapore-based MyDoc, are available to all users in the first phase of the app’s launch in Singapore. The Symptom Checker and Healthcheck are not intended for detection or diagnosis of diseases.

  • AI-powered Symptom Checker* – The AI-powered chatbot provides users with insights into possible health conditions based on the symptoms experienced. At the end of the chatbot conversation, users are guided to an appropriate triage outcome (e.g. Self Care’, ‘Pharmacy’, ‘GP’, ‘GP urgent’, ‘Hospital or ‘Hospital urgent’) and provided further information about possible causes where available. This tool has been recently updated to provide alerts on specific symptoms and conditions that could be related to COVID-19. Users are also advised to follow the recommendations provided by local health authorities as the COVID-19 situation can evolve rapidly.
  • AI-driven Healthcheck* – This is a lifestyle assessment and disease risk prediction tool. By doing a 15-minute digital questionnaire, users can get a report in real-time on their overall health status and long-term disease risks based on their lifestyle habits, medical history, family’s medical history, diet and mental health. The report is presented through a “Digital Twin” and includes health advice to help one reduce disease risks and improve overall well-being.
  • Video Consultation with a Doctor – Users can schedule a video consultation with a GP at any time of the day. The GPs are available 24/7 and will diagnose and advise on the appropriate treatment(s), whenever applicable. Users can opt for delivery of their prescribed medicine or collect it at a local Guardian pharmacy.

“Prudential has always believed in encouraging people to live well for longer. By leveraging health technology, we want to partner everyone in their health journey to prevent, postpone and protect against the onset of diseases which are often linked to lifestyle choices,” added Mr Tan.

Today, about two in five Singaporeans aged 60 and above have been diagnosed with three or more chronic diseases[7]. The adoption of preventative healthcare from young is key in ageing well, according to healthcare practitioners surveyed for Prudential’s 2019 Healthy for 100 research[8].

“While we all know the importance of eating well and exercising right, many of us tend not to take care of our diet and fitness until it is too late. We hope the Healthcheck function on Pulse can nudge people into being more proactive about preventative healthcare by making them aware of their potential disease risks and lifestyle gaps,” said Mr Tan.

Pulse will be rolled out to 11 markets under Prudential’s network across Asia, including Singapore.

Note:

Symptom Checker and Healthcheck are not intended for detection or diagnosis of diseases. In addition, both Symptom Checker and Healthcheck are not suitable for pregnant women, children under the age of 18 years, and users with long-term medical conditions or disabilities who may have different needs and risks. Symptom Checker should never be used in a medical emergency, and users should contact their local emergency services instead.

Notes to the editor:

1. For more information on Pulse by Prudential, please click here

2. Pulse by Prudential can be downloaded from the App Store (iOS users) and Play Store (Android users).

3. Eligibility for Video Consultation with a Doctor at $15:

  • Singapore residents with a valid NRIC / FIN;
  • 18 years old and above; and
  • Have a medical condition which the doctors are allowed to provide video consultation services for.

4. Prudential’s PRUcare package – for more information, please click here.

[1]  The rate may change from time to time

[2] Prudential commits $1.5 million to help SMEs and individuals affected by COVID-19 (19 February 2020) – click here

[3] Please refer to the terms and conditions (T&Cs) – click here

[4] Admission to hospitals in Singapore

[5]  Non-Prudential customers who are Singapore citizens and permanent residents

[6]  Prudential customers who are Singapore residents with a valid NRIC/FIN

[7] Transitions in Health, Employment, Social Engagement and Inter-generational Transfers in Singapore Study (THE SIGNS Study) – I – click here

[8] Prudential’s Healthy for 100 Research media release – click here

 

About Prudential Assurance Company Singapore (Pte) Ltd (Prudential Singapore) Prudential Assurance Company Singapore (Pte) Ltd is one of the top life insurance companies in Singapore, serving the financial and protection needs of the country’s citizens for 89 years. The company has an AA- Financial Strength Rating from leading credit rating agency Standard & Poor’s, with S$42.02 billion funds under management as at 31 December 2019. It delivers a suite of well-rounded product offerings in Protection, Savings and Investment through multiple distribution channels including a network of more than 5,000 financial consultants.

Photo – https://photos.prnasia.com/prnh/20200428/2788384-1?lang=0

China Finance Online Announces Extension for Reporting Fourth Quarter and Full Year 2019 Financial Results

BEIJING, April 28, 2020 /PRNewswire/ — China Finance Online Co. Limited ( the “China Finance Online”, or the “Company”, “we”, “us” or “our”) (NASDAQ GS: JRJC), a leading web-based financial services company that provides Chinese retail investors with fintech-powered online access to securities trading services, wealth management products, securities investment advisory services, as well as financial database and analytics services to institutional customers, announced today that it will report its unaudited financial results for the fourth quarter and full year ended December 31, 2019 no later than May 29, 2020.

Due to social distancing, travel bans and quarantines in China implemented in response to the coronavirus disease 2019 (“Covid-19”) pandemic, access to JRJC office has been limited. These actions have substantially impeded the Company’s professional staffs and advisors from completing the preparation of the Company’s consolidated financial statements and to provide investors with timely information as well as to comply with filing obligations with the Securities and Exchange Commission.

The Company also announces that it will be relying on the order issued by the Securities and Exchange Commission (Release No. 34-88465) to delay the filing of its Annual Report on Form 20-F for the year ended December 31, 2019 (the “Annual Report”) due to circumstances related to COVID-19. The explanation for the delay in filing the Annual Report is outlined in a Report on Form 6-K furnished today by the Company. The Company expects to file the Annual Report no later than May 29, 2020.

About China Finance Online

China Finance Online Co. Limited is a leading web-based financial services company that provides Chinese retail investors with fintech-powered online access to securities trading services, wealth management products, securities investment advisory services, as well as financial database and analytics services to institutional customers. The Company’s prominent flagship portal site, www.jrj.com, is ranked among the top financial websites in China. In addition to the web-based securities trading platform, the Company offers basic financial software, information services and securities investment advisory services to retail investors in China. Through its subsidiary, Shenzhen Genius Information Technology Co. Ltd., the Company provides financial database and analytics to institutional customers including domestic financial, research, academic and regulatory institutions. China Finance Online also provides brokerage services in Hong Kong.

Safe Harbor Statement

This press release contains forward-looking statements which constitute “forward-looking” statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. The statements contained herein reflect management’s current views with respect to future events and financial performance. These forward-looking statements are subject to certain risks and uncertainties that could cause the actual results to differ materially from those in the forward-looking statements, all of which are difficult to predict and many of which are beyond the control of the Company. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, this release contains the following forward-looking statements regarding:

  • our prospect and our ability to attract new users;
  • our prospect on building a comprehensive wealth management ecosystem through providing a fully-integrated online communication and securities-trading platform;
  • our prospect on stabilization in cash attrition and improvement of our financial position;
  • our initiatives to address customers’ demand for intuitive online investment platforms and alternative investment opportunities; and
  • the market prospect of the business of securities-trading, securities investment advisory and wealth management.

Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, which risk factors and uncertainties include, amongst others, the outbreak of COVID-19 or other health epidemics in China or globally, changing customer needs, regulatory environment and market conditions; the uncertain condition of the world and Chinese economies that could lead to volatility in the equity markets and affect our operating results in the coming quarters; the impact of the changing conditions of the mainland Chinese stock market, Hong Kong stock market and global financial markets on our future performance; the unpredictability of our strategic transformation and growth of new businesses; the prospect of our margin-related business and the degree to which our implementation of margin account screening and ongoing monitoring will yield successful outcomes; the degree to which our strategic collaborations with partners will yield successful outcomes; the prospects for China’s high-net-worth and middle-class households; the prospects of equipping our customer specialists with new technology, tools and financial knowledge; wavering investor confidence that could impact our business; and possible non-cash goodwill, intangible assets and investment impairments may adversely affect our net income. Further information regarding these and other risks is included in the Company’s filings with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.

For more information, please contact:

China Finance Online
+86-10-8336-3100
ir@jrj.com

Kevin Theiss
Awaken Advisors
(212) 521-4050
kevin@awakenlab.com

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Source: China Finance Online Co., Ltd.

FORTINET: Protecting Remote Workforce and Distributed Network

SINGAPORE, April 28, 2020 /PRNewswire/ — Organizations around the world are engaged in one of the most rapid network transformation exercises in history. In Singapore and across the region, thousands of workers are now working from home, small branch offices, or in modified shifts to ensure their health and safety while ensuring business continuity.

Fortinet’s Mr Peerapong Jongvibool, Regional Senior Director of South East Asia and Hong Kong
Fortinet’s Mr Peerapong Jongvibool, Regional Senior Director of South East Asia and Hong Kong

A teleworker program requires careful handling to safeguard  infrastructure and accommodate new network demands, whilst coping with the sudden surge of endpoints across multiple environments. Once an organization’s basic teleworker solution is in place, consider enhancing it with additional tools to provide extra security and simplification.

Security is critical now more than ever because cybercriminals are likely to target organizations that have made a sudden transition to a mobile worker framework. Fortinet’s threat intelligence unit has tracked an increase in malicious activity related to the novel coronavirus. Unfortunately, FortiGuard Labs researchers found that cybercriminals are using the COVID-19 pandemic as an opportunity to try and steal money and personal information by generating social engineering scams via email, text, and phone calls. 

Over the past few weeks, there has been an increase in attempts to lure unsuspecting victims into going to malicious sites, clicking on malicious links, or providing personal information over the phone under the auspices of COVID-19. Many of these scams attempt to impersonate legitimate organizations, such as the Ministry of Health (MOH) or the World Health Organization, by offering fake information updates and even promises of access to vaccines – all for a price, of course.

One way to strengthen security is educate employees to heighten security awareness as the workforce moves to a more autonomous and exposed remote environment. While businesses can compensate for many of the new risks that new technologies pose to the organization (such as updating or upgrading secure email gateway and web filtering solutions), it is also essential that leaders understand that these workers have become, in many ways, both the most vulnerable targets as well as the front line for defending the network.

Fortinet’s threat intelligence shows that anyone can be a target to obtain access to business networks and sensitive information. For employees now connecting to the office through home networks, even children are potential targets. Beware. Cybercriminals are experts in the art of masquerading, manipulating, influencing, and devising lures to trick targets into divulging sensitive data, and/or giving them access to home and business networks and/or facilities.

There is already a global shortage of 4 million cybersecurity professionals according to a study conducted by (ISC2). This problem is exacerbated with the recent mass migration to ‘work-from-home’ environments that put even more pressure on infrastructure teams to balance performance and security. Another way to strengthen security is to use artificial intelligence (AI) and automation as part of the threat protection strategy.

Over 440,000 organizations that deploy Fortinet solutions already enjoy advanced threat protection using AI. Fortinet devices are linked by the Fortinet Security Fabric platform that takes advantage of a common Fortinet operating system and an open application programming interface (API) environment to create a broad, integrated, and automated security architecture.

When managing a remote and distributed workforce, centralized security visibility and management are essential. It is important that support for telecommuting does not jeopardize an organization’s cybersecurity. This is where automated security comes in to alleviate the manpower crunch. With the Fortinet Security Fabric, all of an organization’s devices, including those deployed remotely to support telework, can be monitored and managed from a single pane of glass.

Fortinet solutions offer an integrated solution to support telework. For organizations using Fortinet, their existing technology deployment already contains this functionality. FortiGate next-generation firewalls (NGFWs) have integrated support for IPsec VPNs, enabling remote workers to connect securely to the company network.

Additional measures that companies should take as more work is done remotely:

  • Confirm the VPN capabilities/utilization and determine if they are adequate
  • Require the use of multi-factor authentication
  • Log and monitor everything and pay attention to anomalous behaviour
  • Monitor the final disposition of data accessed by privileged access users
  • Monitor the key applications and dependencies for anomalous behavior

Deploying large-scale VPN solutions for remote users is a thoughtful process. Beyond enabling simple access, things such as segmenting users based on role, security profile, and the content and resources they require are first-order tasks. Teams also need to identify users that require special access to resources.

Risk management and resiliency require careful planning, combined with an experienced team trained to deal with critical situations in flux. It is essential that teams keep their heads, understand their objectives, and execute strategies with a common goal in mind – maintaining operational consistency, including ensuring that the organization does not compromise on security for the sake of expediency.

People have all been practicing social distancing over the last few weeks to protect against viruses and illness. Likewise, companies should consider cyber distancing from the attackers. Maintain cyber distance by staying wary of suspicious requests, unknown attempts at contact, and unsolicited information and be the protector of information, networks, and health.

About Fortinet

Fortinet (NASDAQ: FTNT) secures the largest enterprise, service provider, and government organizations around the world. Fortinet empowers our customers with complete visibility and control across the expanding attack surface and the power to take on ever-increasing performance requirements today and into the future. Only the Fortinet Security Fabric platform can address the most critical security challenges and protect data across the entire digital infrastructure, whether in networked, application, multi-cloud or edge environments. Fortinet ranks in the most security appliances shipped worldwide and more than 440,000 customers trust Fortinet to protect their businesses. Both a technology company and a learning company, the Fortinet Network Security Expert (NSE) Institute has one of the largest and broadest cybersecurity training programs in the industry. Learn more at http://www.fortinet.com, the Fortinet Blog, or FortiGuard Labs.    

FTNT-O

Copyright © 2020 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and common law trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet’s trademarks include, but are not limited to, the following: Fortinet, FortiGate, FortiGuard, FortiCare, FortiManager, FortiAnalyzer, FortiOS, FortiADC, FortiAP, FortiAppMonitor, FortiASIC, FortiAuthenticator, FortiBridge, FortiCache, FortiCamera, FortiCASB, FortiClient, FortiCloud, FortiConnect, FortiController, FortiConverter, FortiDB, FortiDDoS, FortiExplorer, FortiExtender, FortiFone, FortiCarrier, FortiHypervisor, FortiInsight, FortiIsolator, FortiMail, FortiMonitor, FortiNAC, FortiPlanner, FortiPortal, FortiPresence , FortiProxy, FortiRecorder, FortiSandbox, FortiSIEM, FortiSwitch, FortiTester, FortiToken, FortiVoice, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLCOS and FortiWLM.

Other trademarks belong to their respective owners. Fortinet has not independently verified statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, contract, binding specification or other binding commitment by Fortinet or any indication of intent related to a binding commitment, and performance and other specification information herein may be unique to certain environments. This news release may contain forward-looking statements that involve uncertainties and assumptions, such as statements regarding technology releases among others. Changes of circumstances, product release delays, or other risks as stated in our filings with the Securities and Exchange Commission, located at www.sec.gov, may cause results to differ materially from those expressed or implied in this press release. If the uncertainties materialize or the assumptions prove incorrect, results may differ materially from those expressed or implied by such.

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CouponBirds Seedling Project Made Great Progress

BEIJING, April 28, 2020 /PRNewswire/ — CouponBirds Seedling Project achieved impressive progress in April, 2020. Over twenty non-profit organizations joined the platform and raised more than $1,000 funds. During this time of uncertainty, The Seedling Project made the fundraising work more manageable for non-profit organizations.

CouponBirds Seedling Project

The mission of CouponBirds Seedling Project is to build a peer-to-peer fundraising platform, encouraging online shoppers to earn cash, donate to nonprofit organizations and support charity work in this difficult time. There are over 3 million shoppers visiting and using CouponBirds to shop and save every month and almost all the brands that shoppers are looking for could be found on CouponBirds. Shoppers earn cash by making purchases and donate part of their earnings to charity organizations.

CouponBirds provided scholarships to fund college students every year in the past. Growing to be a leading savings platform, CouponBirds always does the best to take social responsibilities. The Seedling Project initiation is an effective way to aggregate and amplify the power of a million-user community and give back the best.

How’s The Project Going

The team outreached hundreds of non-profit organizations in the first month, notified them of the event and guided those who were interested to get verified and join in the platform. The team set up the whole application, verification and management process online. Non-profit partners could use CouponBirds charity portal to finish all the preparations and watch the donations they receive from CouponBirds shoppers.

Although the whole economy is slowing down and most charities are working from time to time due to the spread of COVID-19 pandemic, The Seedling Project has welcomed more than twenty certified non-profit organizations joining in and started to raise funds from the platform. Organizations like Arise Children’s Fund, Louisiana Alliance of Children’s Advocacy Centers and Kids Saving the Rainforest have received more than $100 donations in this month.

The Prospects

CouponBirds supports a limited number of non-profit organizations, creating and leading active community engagements for the charity cause. With a small amount of funds raised every month for every non-profit organization, It hopes that every CouponBirds shopper could realize that each of them could do something, even give $1 to the vulnerable and disadvantaged groups and that $1 means much to them, that CouponBirds is doing what they can to help more people and give back to the society.

The project is still open to apply, qualified charity organisations can apply and join to raise funds from CouponBirds Seedling Project.

About CouponBirds

CouponBirds is a leading coupon and deals platform for millions of online shoppers. Customers can easily find their favorite brands such as Amazon, eBay, Best Buy on CouponBirds. To learn more, visit https://www.couponbirds.com/us/about-us or follow @couponbirdscom on social media.

https://www.couponbirds.com/

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Tencent’s VooV Meeting now available in Malaysia, offering HD cloud conferencing services for enterprises

  • Asiasoft Malaysia, China Construction Bank Malaysia and Green Packet Berhad are among the first in Malaysia to integrate VooV Meeting into their business routine to maintain seamless communications and collaboration with partners during the coronavirus pandemic
  • VooV Meeting provides extensive network across the globe with exceptional system stability especially in China like nobody else does
  • Integrated with WeChat’s ecosystem, VooV Meeting allows users to join meetings through WeChat’s mini program or direct dialing without the need to install the app

KUALA LUMPUR, Malaysia, April 27, 2020 /PRNewswire/ — To meet the growing demand for remote office and multi-country conferencing, Tencent Cloud, the cloud computing arm of Tencent, today introduces its cloud conferencing tool, VooV Meeting, in Malaysia, offering a high-definition, ultra-smooth and secure multi-person cloud conferencing solution. Enterprises can now seamlessly connect with their colleagues and business partners all over the world with VooV Meeting’s extensive network and stability. Furthermore, during the novel coronavirus outbreak, Tencent Cloud will provide global users with special complimentary access to VooV Meeting’s feature that connects up to 300 participants simultaneously.

Asiasoft Malaysia, China Construction Bank Malaysia (CCB Malaysia), and Green Packet Berhad (Green Packet), were among the first in the country to experience the use of VooV Meeting in order to maintain seamless communications and collaboration within their businesses as well as with external partners amid the recent coronavirus pandemic. Tencent also recently partnered with the United Nations for its 75th anniversary campaign, where VooV Meeting will be used in facilitating the largest global dialogue to date.

All these demonstrate the tool’s capability to offer smooth, stable and reliable cloud-based HD conferencing services for different business occasions.

“We are glad to gain the trust of these Malaysia partners in using our services for their business communications. Built on Tencent Cloud’s cutting-edge technology and Tencent’s experience in the internet, audio and video communications fields in the past 21 years, VooV Meeting can provide exceptional stable coverage globally, outperforming other industry players.” said Poshu Yeung, Vice President of Tencent International Business Group. “Meanwhile, ‘Value for Users, Tech for Good’ is Tencent’s guiding principle, and we strive to incorporate social responsibility into our products and services. By providing complimentary access to VooV Meeting and donating medical resources including masks to Malaysia, we hope to maximize our support to Malaysian enterprises and citizens amid the country’s movement control order.”

VooV Meeting is equipped with a number of practical and convenient features to help users improve efficiency for online conferences, including the integration with WeChat’s ecosystem which allows users to share meeting links through WeChat and to join meetings via WeChat’s mini program without the need to download any applications. It also has facial beautification and blurred background functions, screen-sharing with automated watermark and the use of HD image and high-fidelity processing algorithms to enhance video quality and minimize ambient noise and keyboard sounds, among other features.

Mr. Felix Feng, CEO of CCB Malaysia said, “We proposed the use of VooV meeting in CCB Malaysia as soon as the outbreak of COVID-19 began, as it underpins the good connection among cross-functionality teams, ensuring a smooth and collaborative work. More importantly, CCB Malaysia leverages VooV Meeting as a powerful tool to coordinate large sums of charity efforts, bringing up medical supplies and other trade in need to Malaysia over this challenging period.”

Mr. Joel Wong, VP of Customer Experience and Enterprise Agility from Green Packet commented “Since our government has issued the Movement Control Order as a COVID-19 pandemic countermeasure, the entire company has begun to work from home. To maintain business continuity and productivity, we have selected Tencent’s VooV Meeting app as our primary communications platform that enables us to maintain close communications and collaboration across our global offices and business partners. We find Tencent’s VooV Meeting app to be an extremely effective platform for communications and collaboration because of its ease of use, its extraordinary audio and video performance, and most importantly, its fundamental platform stability and security.”

Mr. Wong Jiann Hui,  technical director of Asiasoft Malaysia, said, “We adopt VooV meeting as our main tele-conferencing tool amid the pandemic as it could maintain quite a good connection even with a bad network. On top of that, features such as background blurring and AI makeup, among others, really fit well in a work-from-home setting, emphasizing a strong internet mindset in its product design.”

The underlying technology architecture of VooV Meeting is backed by the secure and reliable Tencent Cloud, which has multiple layers of protection in terms of business data, management protocols, network equipment and access policy. Tencent Cloud also recently acquired the Multi-Tier Cloud Security Standard (MTCS SS), proving its capability to provide the highest level of security to enterprise cloud users in Malaysia, Asia and around the world.  

Learn more about the features of VooV Meeting and download the desktop version at https://voovmeeting.com/.

Download the iOS or Android versions of VooV Meeting here
Download the iOS or Android versions of VooV Meeting here

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