News Updates

GoPro fails to meet market expectations; to cut 7 percent of workforce

GoPro Inc estimated fourth-quarter revenue below market expectations due to disappointing sales of its action cameras, and said it would cut 7 percent of its workforce, sending its shares into freefall. GoPro shares plunged 28 percent to $10.50 in extended trading, or less than half its 2014 IPO price of $24. Traders told Reuters that […]

Mobile Updates

Xiaomi Mi 5 leaked: launching Feb 20, employees working overtime to meet demand

A third-party retailer in China has leaked the Xiaomi Mi 5 and its supposed launch date on February 20. According to the product page on Gear Best, the Xiaomi Mi 5 release date will be the day after launch: February 21. Anticipation for the device is huge and the Foxconn factory producing it even has […]

Mobile Updates

Xiaomi announces Snapdragon 650 powered Redmi Note 3 variant

Xiaomi’s ever expanding Redmi range is starting to become a little hard to keep track of and the Chinese manufacturer has just thrown another handset into the mix – a new variant of the Redmi Note 3. The smartphone features a number of improvements over the Redmi Note 3 which launched last November and is a higher […]

Mobile Updates

Xiaomi Mi 5 Tipped to Launch in 2 Variants

A new report out of China has emerged claiming that Xiaomi’s Mi 5 flagship smartphone will be launching in two variants. According to the latest details, one of the Mi 5 variants will come with 2.5D curved glass on both the sides (front and rear) while will also sporting a metal frame. The report adds […]

Mobile Updates

Xiaomi $46 Billion Valuation Questioned After Missing 2015 Sales Target

China’s Xiaomi raised whopping amount of over $1 billion (roughly Rs. 6,321 crores) in a round of funding back in 2014. The funding also helped the company to raise its valuation to around $46 billion(roughly Rs. 2,84,454 crores). A latest report however claims that Xiaomi is now under pressure as it missed its sales target […]