Following the PS4 System Software / Firmware 10.71 OFW Update, today Sony released PS4 System Software / Firmware 10.71 OFW with the PS4UPDATE.PUP updates and complete changelog available below. 
As always, DON'T UPDATE if you wish to use PS4 Fake PKG Games via PS4 Torrents and Homebrew Apps whenever a new PS4 Jailbreak Exploit arrives in the PlayStation 4 Scene.
Download: PS4 Firmware 11.00 Update (US) / PS4 Firmware 11.00 Update (EU) / PS4 Firmware 11.00 Update (UK) / PS4 Firmware 11.00 Update (AU/NZ) / PS4 Firmware 11.00 Update (JP)
Here's the official v11.00 PS4 Firmware Changelog from Sony's page: PlayStation 4 system software update - PS4 11.00 system software features
Version 11.00
Main features in the system software update

Download: PS4 Firmware 11.00 Update (US) / PS4 Firmware 11.00 Update (EU) / PS4 Firmware 11.00 Update (UK) / PS4 Firmware 11.00 Update (AU/NZ) / PS4 Firmware 11.00 Update (JP)
Here's the official v11.00 PS4 Firmware Changelog from Sony's page: PlayStation 4 system software update - PS4 11.00 system software features
Version 11.00
Main features in the system software update
- You can now sign in to your PS4 without a password with PS App. On your mobile device, scan the QR code to sign in, just like for PS5. Some authentication actions can also use push notifications on PS App.
- You can now see emoji reactions to messages.
- We've improved the messages and usability on some screens.