Xiaomi’s internet business sees rapid growth in overseas markets with its growing suite of services

Xiaomi’s internet business sees rapid growth in overseas markets with its growing suite of services

As the number of internet users continues to grow, one smartphone manufacturer is hoping to optimise its core internet business to improve its suite of experiences for users. Globally, there are an estimated 5.3 billion internet users today – two-thirds of the world’s population. Across Europe and North America, online penetration rates exceed 90 per …

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Hong Kong internet censorship growing, says US diplomat

The top US diplomat in Hong Kong sounded the alarm over growing internet censorship in the city, underscoring fears China’s crackdown on freedoms is diminishing the hub’s appeal as a global finance hub. In his first interview since taking up the post in 2022, US Consul General Gregory May cautioned that connectivity issues and data …

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Xiaomi founder Lei Jun ‘shocked’ by Apple ending EV plans

Xiaomi founder Lei Jun ‘shocked’ by Apple ending EV plans

Xiaomi’s SU7 electric car on display at the Mobile World Congress in Barcelona. David Zorrakino—Europa Press/Getty Images Both Xiaomi and its founder, Lei Jun, are big fans of Apple. The Chinese smartphone maker embraces Apple-like designs in its products and advertising, leading some to dub the company “the Apple of China.” And Lei cites Steve …

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Hong Kong researchers seek key to advanced AI chip within original model – the human brain

Hong Kong researchers seek key to advanced AI chip within original model – the human brain

“Our brain can tolerate defects, meaning it could work despite the presence of dead cells. This is fundamentally different from computers that cannot work with a malfunctioning transistor,” Li said, referring to the primary building block of microchips, including the central processing unit (CPU). “We can learn from experience, unlike computers and powerful AI. [A …

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US wins protections for Pentagon radar spectrum at WRC-23

US wins protections for Pentagon radar spectrum at WRC-23

China, Global, Space The WRC-23 meeting in Dubai rejected proposals that would have raised the specter of interference with DoD radars, including that used by the Navy’s Aegis cruisers. (DVIDS) WASHINGTON — The International Telecommunication Union rule-making summit wrapped up today, with the US delegation scoring a victory by maintaining protections for Defense Department radars …

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India’s Paytm tumbles on plan to curtail low-value personal loans

India’s Paytm tumbles on plan to curtail low-value personal loans

Paytm app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights BENGALURU, Dec 7 (Reuters) – India’s Paytm (PAYT.NS) plunged as much as 20% on Thursday, its steepest decline since listing two years ago, as the digital payments firm plans to give out fewer low-value personal …

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