Tag Archives: xiaomi

Xiaomi, suddenly the world’s most valuable startup, raises $1.1B

Redmi 1S Xiaomi There’s apparently no stopping Xiaomi’s ascent. The Chinese smartphone maker, which has been on a tear over the last four years, has raised $1.1 billion in venture capital funding, giving it a valuation of $45 billion. Bin Lin, Xiaomi co-founder and president, posted the news Monday on Facebook. The valuation makes Xiaomi …

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Xiaomi makes cloud messaging ‘opt

The Xiaomi Mi 4 Aloysius Low/CNET Xiaomi, a popular Chinese smartphone maker, apologized to customers and made key changes to its cloud-based messaging service, the company’s vice president announced Sunday. In a lengthy post to Google+, Xiaomi Vice President Hugo Barra responded to a report published last week from security firm F-Secure that claimed Xiaomi’s Cloud Messaging platform was collecting …

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