
Stock Jumps After Xiaomi Announced Plans for $1.5 Billion Buyback
Chinese smartphone maker Xiaomi Corp said it will buy back up to HK$12 billion worth of its shares. The decision comes after the company scrapped share offering in mainland China.
Chinese smartphone maker Xiaomi Corp said it will buy back up to HK$12 billion worth of its shares. The decision comes after the company scrapped share offering in mainland China.
As iPhone unit sales have slowed, Apple was partially relying on higher prices to make up the difference. Consumers are now less tolerant of the premium prices phone makers want for their newest devices.
Recently, Huawei announced that their new flagship phone line – Mate 30, will be launched on September 19, in Munich, Germany. The tagline for this launch event is “Rethink Possibilities”.
China Telecoms pushes the Chinese to finally catch up in the blockchain space with a new blockchain that works off the 5G mobile spectrum. This may be the gamechanger they have hoped for.
In September Nike will release a new line of its Huarache shoes but this time, they will be equipped with FitAdapt technology, allowing users to control the lacing via a mobile app or through Siri. Nike has not yet set a price.
Samsung’s Blockchain Keystore which is available on the company’s range of Galaxy S10 phones as well as Note 10, has included support for Bitcoin as well as more than 30 other cryptos. The app also supports more than a few DApps as well.
Apple has sent out media invites to an event on September 10 in California. The big four tech company is expected to unveil a few new products including the new iPhone as well as a new Apple watch.
In recent news, Microsoft announced that the much-anticipated HoloLens 2 will go live on sale in September, Harry Shum revealed at the World Artificial Intelligence Conference in Shanghay on Thursday.
As Apple Card is now available for all consumers within the United States, Apple promises to keep user data private and not compromise on security. Here’s the basics you should know.
Nutanix, which is a leading enterprise cloud computing company, announced their new Q4 and fiscal 2019 financial results. Soon after the company’s stock price shot up to even 15%.
Fitbit, a smartphone wearables company, released its new Smartwatch Versa 2 upgrade. It comes with a few next-generation upgrades along with the Amazon’s Alexa addition. Also, the company announced the launch of its subscription service.
Tesla has finally launched its own insurance package for owners of its products. Tesla Insurance promises to be between 20-30 percent cheaper than other third-party policies.
The World Artificial Intelligence Conference kicked off in Shanghai Thursday with a much-anticipated keynote summit between Alibaba founder Jack Ma, and Tesla CEO Elon Musk debating the future of AI.
Huawei will launch its new flagship phone, the 5G-capable Mate 30 Pro, next month despite it won’t be using Android and Google apps. The temporary reprieve on Huawei’s US ban doesn’t apply to new Huawei products.
Gartner released their quarterly report on global smartphones which says that among the top five phone vendors, Huawei sales increased by 16.5% while Samsung added 3.8%, winning an overall 20,4% of market share.