Smartphone Maker Xiaomi Tech Hints That Its Next Stop Is Hong Kong As It Seeks To Become “China’s Apple”

Chinese smartphone maker Xiaomi, which has been referred to as “the Apple of China,” strongly hinted at an expansion into Hong Kong on its official Twitter account. Though the tweet is cryptically worded, a graphic is attached to it that features the company’s latest model, the Xiaomi Mi2, with specs listed in traditional Chinese characters (which is used in Hong Kong, but not mainland China), the Hong Kong floral emblem — the Bauhinia flower — and a silhouette of ...

Read the source article

AP Takes A Stake In Bambuser, The Real-Time Mobile Video Service That Helps Eyewitnesses Tell Their StoriesComments Off

Bambuser, the upstart mobile video service that has carved out a name for itself as a crucial tool for eyewitnesses to record and transmit footage of major events — be they political uprisings, bombings or a star sighting — is today announcing another step along the route to becoming a part and parcel of the traditional media world. It’s taking an investment from the Associated Press, the storied news organization that works with dozens of newspapers, websites and broadcasters to source and report on the news of the world.

Zuckerberg Replies To His Facebook Commenters’ Questions On ImmigrationComments Off

Jeff Chiu / AP “If it’s just about tech wanting to hire more people, not as impressive” commented one of Mark Zuckerberg’s 18 million Facebook followers. “It’s definitely not just about tech immigration” Zuckerberg shot back in the comments for a video he’d posted from his political advocacy group FWD.us. Replying to average joes and reporters alike, Zuckerberg tried to clear up confusion about his lobbying.

Live From Facebook’s ‘New Product’ Mystery AnnouncementComments Off

Just last week, a small chunk of the tech press was surprised to find invitations for a Facebook announcement waiting in their mailbox.

“A small team has been working on a big idea,” it read.

The only other thing Facebook would say is that they’d be showing “a new product”. No comment on what it might be, or which team it would come from. We’re live at Facebook HQ to find out what it is.

Rad, A Parisian Hipster Fashion Portal, Gets $3.3M Led By Index To Go InternationalComments Off

Rad Because fashion never goes out of style, fashion portals continue to bring in the money not just from consumers looking for the next big thing — be it style or bargain, and ideally both — but also investors keen to ride the wave. The latest example is Rad, a Paris-based startup that focuses on hipster clothes and accessories and likens itself to the online equivalent of Urban Outfitters. Today, Rad is announcing €2.5 million ($3.3 million) in funding. Rad is just under one year old, but on its own steam and through viral marketing it’s already picked up 1 million users. This round of money, led by Index Ventures, is the first it has raised and Rad will use it to expand its business internationally. That will be first to the UK and Germany, and co-founder and CMO David Smadja tells us that the aim is to hit the U.S. in two years.

LinkedIn Outage Due To Possible DNS Hijacking [Update: Fidelity.com Also Affected]Comments Off

LinkedIn confirmed via Twitter that its site suffered an outage due to “a DNS issue.”