Tue, 21-Oct-2025

Xiaomi to invest $7.18 billion in 5th generation technologies

Xiaomi

Chinese company Xiaomi Corp announces to invest more than 50 billion Yuan in fifth generation internet technologies for the next 5 years. Xiaomi announces this investment as competition in the sector grows. Xiaomi Chief Executive Lei Jun made the announcement in a letter posted on the company’s social media account. The specific investment details are … Read more

China disapproves tech giants for app privacy violations

app privacy violations

Chinese tech giants Tencent and Xiaomi have been reprimanded by Beijing for designing apps that infringe on users’ privacy. China has recently tightened its privacy of companies that gather data from consumers. China as well exercises close surveillance of online activity. Xiaomi Finance and Tencent’s instant messaging service QQ were among dozens of problematic apps … Read more