Tianhong increases the Money fund scale breakthrough 100 billion yuan, the account number more than 29 million households

According to the data disclosed by Tianhong Fund, yesterday afternoon, Hong Li Bao Money fund scale breakthrough 100 billion yuan, the number of open accounts more than 29 million households. From the establishment until November 13, the fund for investors to achieve 788 million yuan income.

If hundreds of billions of renminbi are converted to 16.3 billion dollars at 6.14, the size of the global Monetary Fund is ranked 51st in the October Morningstar Fund statistics, with 185 in all mutual funds.

Data from Taobao and fund companies show that a large number of investors are buying products such as funds on Internet platforms, most of whom have never previously been involved in financial management.

From a small fund to 100 billion. Tianhong created a legend. It is said that the management shareholding system that it is declaring has the opportunity to push the fund industry to change. And the biggest inspiration behind this is that, in the era of internet finance, the earlier and the Internet to cooperate with large companies the more opportunities, the thinking of traditional financial institutions must be converted as soon as possible.

2. Google won the book scan lawsuit, get free book scan right

Google and the United States writers delayed the eight-year-long book-scanning case finally came to a curtain. In the case, federal judge Danny Kim wrote that Google scanned the books to use them equally, and did not damage the market for the original works. It provides a major public interest and is "an indispensable research tool".

Google's "library program" dates back to 2004, when Google agreed with large libraries such as the New York Public Library, the Harvard University Library, the Stanford University Library and the Oxford University Library to digitally upload the collection of paper books to Google book , to build the largest and most complete library, so as to achieve the maximum utilization of public resources.

The move has sparked discontent among publishers and writers who argue that Google has violated copyright laws without permission from publishers and authors to copy the electronic version privately. The US writers sued Google in September 2005, and then the American Publishing Association (Association of Anglo Publishers) also pointed the finger at Google.

When Google was willing to pay 60 of dollars to scan the catalogue, both writers and publishers have jumped out against it, and now Google can legally, free scan. This is not just a book digitization so simple, when a paper book into the data, means that the discovery, reading, dissemination of the way will change in essence, to the end will even affect the creation of content. In short, a revolution in books and knowledge is being driven by the world's most influential internet company.

3. Youku Potatoes released 2013 years Q3 earnings: mobile end daily average of more than 300 million

Youku Potatoes released today 2013 years of Q3 earnings, according to the results, Youku Potatoes 2013 Q3 Total revenue of 857.7 million yuan (about 140.2 million U.S. dollars), a 14% increase in the previous quarter, of which advertising revenue of 745 million yuan (about 121.7 million U.S. dollars); net loss of net losses is RMB 218.6 million yuan (about 35.7 million dollars).

The biggest cost from the earnings of a cool potato is still copyright purchase and bandwidth. 2013 Q3 potato content cost of 496.5 million yuan (about 81.1 million U.S. dollars), bandwidth cost of 181.7 million yuan (about 29.7 million U.S. dollars). This is why the two days before the excellent cool potato and Sohu video and other sites together set up an "anti-Piracy alliance", called for the protection of Film and television copyright.

Although still not realized profit, but according to Koo, the current Youku potato mobile end of the daily average of more than 300 million, will further promote mobile monetization, open up local advertisers, strengthen content marketing programs and pay business, and even look forward to Q4 to achieve profitability. However, it does not disclose other operational data on the mobile side, such as length of playback, per capita usage, etc. From the "daily average of more than 300 million", the development of Youku potatoes on the mobile side is still very worthy of attention.

"Business value" @ Wang Wei business value reviews:

The layout of Youku potatoes at the mobile end is like investing in infrastructure, which is not easy to do in the short term but results in the long run. Although the main cost of spending is still in the copyright procurement, but Youku potatoes through the development of homemade content is to share the risk of excessive copyright purchase costs, "Xiao said" "Never thought of" the hit-home content has begun to pay off. Although not yet profitable, the gradual branding of the layout and homemade content around the mobile end will give Youku a long period of more steady growth.

4. Peer-to-peer Network loans companies to obtain soft silver tens of millions of dollars financing

Domestic Peer-to-peer network Loan company favorable net today with SoftBank China signed an injection agreement, won the first round of tens of millions of dollars level of financing. It is also the first investment in SoftBank, China's capital, in the area of internet finance.

The favorable net from February 25, 2013 on-line, the Positioning Peer-to-peer Network loan platform, the user may hand the surplus fund to lend the small micro-enterprise which guarantees by the microfinance financial institution, and obtains the interest return. Up to the present total turnover of more than 250 million yuan, the number of investors registered more than 70,000.

"Business Value" Sun Tong (@ Blue) Reviews:

Internet finance has many kinds of play, Peer-to-peer is a relatively innovative one. However, there is a lot of risk in terms of both regulation and mode, so that the industry that has just begun to grow up has been accompanied by death. The difference between the favorable network is that there are micro-loan companies to select the endorsement, from the model greatly reduce the uncertainty, follow-up worthy of sustained attention.

5. Ding Lei internal mail grade communication application: Micro-letter 5-letter 0 points to negative points

NetEase former staff @ Sterling Silver v today through its micro-blog exposure to a suspected NetEase CEO Lei Ding's internal mail. Ding lei in the mail to the new functional product architecture comments. His communication application rating for: micro-letter 5 points, the MO 4 points, easy to believe 0 points, and the negative points, and said the next letter to do things to at least 6 points.

In addition to evaluating opponents, Ding Lei also shared a social understanding in the emails, saying that socializing is more about being in the middle of a less familiar person, for interest or cooperation. On the contrary, most of the communication between acquaintances is something to say, nothing to do, this is at most a chat, from social very far. But it is everyone's social instinct to know strangers with common interests.

Ding Lei also said that NetEase and telecommunications cooperation let him feel pressure, telecom every day to ask him data, "you do not pressure, I am more pressure than you." ”

After Ishin just put the big recruit "three net free flow", Ding Lei's statement seems to suggest that by virtue of the relationship between telecommunications and the use of the free flow of the approach has not achieved the desired effect, so he began to look at the nature of the letter and micro-letter differences, this direction is feasible, but this logic can be established is open to question. As a successor of the easy letter, want to get a piece from the micro-mail, I am afraid to add a good freshman effort.