Xiaomi reported a second-quarter net income of $1.28 billion on revenue of $13.56 billion following the Chinese technology giant’s strong surge in smartphone market share globally. During the quarter that ended in June, Xiaomi said it saw a 64% year-on-year growth in revenue, and its net income surged over 80% from the same time a… Continue reading Xiaomi reports record 64% revenue growth, acquires Deepmotion for $77.3 million
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Lucid says its first electric car drove 445 miles from Los Angeles to San Francisco without charging, easily besting Tesla’s range (LCID, TSLA)
In a range test with Motortrend, the Lucid Air drove 445 miles on a charge with energy to spare. Tesla has led the range game for years with the Model S, which has an EPA range of 405 miles. Lucid claims its $169,000 Air Dream can travel up to 517 miles on a full battery. … Continue reading Lucid says its first electric car drove 445 miles from Los Angeles to San Francisco without charging, easily besting Tesla’s range (LCID, TSLA)
Crypto’s explosive growth means investors must ‘get on board, or be left behind,’ says the ETF product manager at $71.2 billion VanEck — and these 5 stocks are ways to play the trend without owning volatile tokens directly
Digital assets and cryptos are taking off, and it’s either “get on board, or be left behind.” That’s according to JP Lee, the ETF product manager at VanEck, who sees big potential for the space. Here are five stocks to watch as the digital asset revolution continues. See more stories on Insider’s business page. Cryptocurrencies… Continue reading Crypto’s explosive growth means investors must ‘get on board, or be left behind,’ says the ETF product manager at $71.2 billion VanEck — and these 5 stocks are ways to play the trend without owning volatile tokens directly
Elon Musk’s former battery guru details his plan to make his startup the Tesla of an emerging billion-dollar industry
Anil Paryani spent five years at Tesla working on the Model S and Roadster. He’s now CEO of Auto Motive Power, a California EV energy management startup. Here’s how Paryani said he hopes AMP becomes the Tesla of its industry. Anil Paryani doesn’t just pull inspiration from his time at Tesla as he runs his… Continue reading Elon Musk’s former battery guru details his plan to make his startup the Tesla of an emerging billion-dollar industry
Ark Invest’s Cathie Wood has high hopes for Chinese stocks in the long run — and says her fund’s analysts were blown away by Tesla’s AI day
Ark Invest; Insider Cathie Wood is positive about China stocks in the long term, and revealed in a recent interview that Ark Invest’s analysts were blown away by Tesla’s AI Day. “I’m not pessimistic about China longer run because I think they’re a very entrepreneurial society,” she said on Bloomberg Radio in a Tuesday interview.… Continue reading Ark Invest’s Cathie Wood has high hopes for Chinese stocks in the long run — and says her fund’s analysts were blown away by Tesla’s AI day
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More and more, video is becoming central to both our private lives and how we engage with others for business. Yet producing, shooting, and editing video is a time-consuming and expensive process that many of us don’t have time for. FlexClip Lifetime for Business streamlines the production process so you can create great videos from… Continue reading Create Compelling Video In Minutes With 91% Off FlexClip
Cribl Raises $200M in Series C Funding
Cribl, a San Francisco, CA-based Observability Pipeline company, raised $200m in Series C funding. The round, which brought total funding to $254m, was led by Greylock and Redpoint Ventures, with participation from new investor IVP, existing investors Sequoia and CRV, and strategic backers Citi Ventures and CrowdStrike. The company intends to use the funds to expand operations and… Continue reading Cribl Raises $200M in Series C Funding
Tesla starts hiring roboticists for its ‘Tesla Bot’ humanoid robot project
Tesla has started to hire roboticists to build its recently announced “Tesla Bot,” a humanoid robot to become a new vehicle for its AI technology. When Elon Musk explained the rationale behind Tesla Bot, he argued that Tesla was already making most of the components needed to create a humanoid robot equipped with artificial intelligence.… Continue reading Tesla starts hiring roboticists for its ‘Tesla Bot’ humanoid robot project
Nirvana baby sues band alleging child pornography
The iconic nude baby photographed for the cover of Nirvana’s Nevermind album is all grown up and suing the band, alleging the image violates child pornography laws. Spencer Elden, now 30, is seeking $150,000 from each of 17 named defendants, including record executives, Nirvana band members, and Courtney Love, the former wife and executor of… Continue reading Nirvana baby sues band alleging child pornography
China Digest: Oushu nets $30m; Qiming leads $15m funding for Zuoshouyisheng …
Big Data company Oushu has pocketed 200 million yuan ($30 million) in a Series B+ round of financing, while Qiming Venture Partners has led a 100 million yuan ($15 million) Series B round for digital healthcare services specialist Zuoshouyisheng. Sequoia-backed Oushu nets $30m Big Data firm Oushu Inc. on Wednesday announced the completion of a… Continue reading China Digest: Oushu nets $30m; Qiming leads $15m funding for Zuoshouyisheng …