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Xiaomi to Open Mi Home in Delhi-NCR ‘Very Soon’, Says India Head

HIGHLIGHTS Xiaomi opened two Mi Homes in Bengaluru earlier this year Jain says Delhi will get its Mi Home soon Xiaomi on Friday celebrated record sales of its Redmi Note 4 device Aiming to ramp up its offline presence in the country, Chinese smartphone maker Xiaomi is all set to open its ‘Mi Home’ signature retail store in the Delhi-NCR region, a top company ... Read More »

Uneasy lies London’s finance crown, says EY

London is still the top European destination for international finance firms, but Paris and Frankfurt are closing the gap thanks to Brexit, according to a survey of business sentiment by the audit firm EY. “The attractiveness of the UK financial services sector has not yet fallen,” said Omar Ali, UK financial services leader at EY. “We have to be realistic though, ... Read More »

Nokia 3310 Back in Stock in India, Says HMD Global

HIGHLIGHTS The Nokia 3310 was first launched at MWC 2017 It is a reboot of last decade’s iconic feature phone It went on sale in India last month The Nokia 3310 was launched in the middle of May, and has been in much demand since it went on sale a couple of days later. Sold via offline retailers in the ... Read More »

Asus ZenFone AR Will Go on Sale in Mid-June, Says CEO Jerry Shen

HIGHLIGHTS The smartphone offers both augmented and virtual reality features It was first launched at CES 2017, with a Q2 2017 release date Asus CEO Jerry Shen revealed availability at the sidelines of Computex The Asus ZenFone AR finally has a release date. First unveiled at CES 2017 with a Q2 2017 launch date, the smartphone was then revealed by ... Read More »

China’s Xi Says Silk Road Plan Boosts Finance, Security Ties

Russian President Vladimir Putin, right, and Chinese President Xi Jinping, left, walk prior to the opening ceremony of the Belt and Road Forum in Beijing, Sunday, May 14, 2017. (Alexei Nikolsky, Sputnik, Kremlin Pool Photo via AP) (Alexei Nikolsky, Sputnik, Kremlin Pool Photo via AP) BEIJING (AP) — Pledging more than $100 billion in financing, Chinese President Xi Jinping called ... Read More »

‘Unlock iPhone’, says judge in US sextortion case

A Florida judge has ruled that two defendants in a sextortion case must hand over the passwords to their mobile phones so officials can search them. Reality TV star Hencha Voigt and former boyfriend, Wesley Victor, are accused of threatening to release explicit images of social media star Julieanna Goddard unless she paid a ransom. The defendants said the ruling ... Read More »

Juicero CEO Says Luxury Juicer Is Much More Than Juice Internet Is Unimpressed

Sometimes, it’s the Internet of stings. Juicero, a startup that sells a pricey juice press, found that out firsthand. The company’s Wi-Fi-enabled machine produces cold-pressed juice out of packets sold exclusively to owners via subscription. Received as both Silicon Valley cautionary tale and commentary on conspicuous consumption, Juicero’s story was chronicled this week in a Bloomberg News piece. The article ... Read More »

Trump’s spending agenda could be a ‘recipe for disaster’, says NYU finance professor

The problem for President Trump is implementing his agenda: Expert  12 Hours Ago | 02:51 President Donald Trump’s spending reform agenda could turn out to be a “recipe for disaster” and a significant risk to the U.S. economy if more attention is not paid to the implementation process, NYU finance professor Edward Altman has warned. Describing the policies as “risky,” Altman ... Read More »

Real estate mogul says this purchasing secret helps him find perfect buys

Sidney Torres has made millions developing real estate. The secret, he says, is in the buy, not the sell. In other words, renovations are not where the money’s at. “A lot of people think, ‘Oh I’m going to go in there and I’m going to renovate [the property] for a lot less and that’s where I’m going to make my ... Read More »

Is the Mobile App Already Dead? comScore Says We’re Nearing “Peak App” (INFOGRAPHIC)

Barring Facebook, Messenger, Instagram and other hugely successful names, many apps are actually rarely used or even downloaded by mobile device owners. Yet many businesses spend considerable time and resources creating apps to engage customers. A new study from comScore now says we’re nearing the “Peak App” moment, which suggests businesses should revisit their mobile app strategy. Highlights of the comScore ... Read More »