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Xiaomi, China’s Fast-Growing Android Phone Maker, Posts 271% Sales Bump In The First Half

The fast-growing Chinese Android devices startup Xiaomi has put out a new set of sales figures for the first half of the year, revealing exactly how fast it’s now selling phones. Xiaomi shifted 26.11 million handsets in 1H14, an increase of 271% from a year earlier — and more than its total phone …

China’s best-paid banking boss only made $185,000 last year

Jiang Jianqing is China’s most highly-paid banking boss, and the chairman of China’s most profitable bank: Industrial and Commercial Bank of China raked in a handsome $38.5 billion in profits last year. As such he is in the crossfire for critics who say the executives at state-owned Chinese firms …

The New Digital Age by Eric Schmidt and Jared Cohen – review

When, in early 2011, Eric Schmidt stepped aside from his position as Google's CEO to become the company's executive chairman, some of us were …

Mobile and Global: 10 Minutes With eBay CEO John Donahoe

Photo Credit: eBay<p>As e-commerce has grown more competitive with the rise of startups like Square, micro-payments companies like Stripe and …

Mobile

Until the 1990s, companies didn’t have “business models”

Before the late 1990s, no one was using the phrase “business model.” Or at least, it hardly appeared in written form. The phrase has since morphed, subtly but quickly, from an abstract theoretical term to one with animate, even living connotations. This linguistic shape-shifter has the capacity to …

Linguistics

What 8 Tech Billionaires Were Doing In Their 20s

Probably attending a college or university, enjoying your youth, and having new experiences away from home.<p>Many of technology's most notable billionaires were doing no such thing.<p>Michael Dell for instance was already investing in stocks and precious metals before he graduated high school.<p>During …

Silicon Valley

Eric Schmidt calls for drone regulation to keep neighbors from spying on you

Google may be one of the world's largest collectors of information, but Eric Schmidt thinks people would be uncomfortable with drone surveillance by their neighbors — and that this discomfort will spur tighter regulation. In an interview with <i>The Guardian</i> (available for subscribers only), Schmidt …

China, U.S. to form working group on cyberspying issue

The U.S. and China have agreed to form a working group on cybersecurity, after a recent volley of cyberspying accusations from both sides.<p>U.S. Secretary of State John Kerry announced from Beijing that the two countries will ramp up action on cybersecurity, Reuters reported.<p>Cybersecurity "affects …

How Mozilla's Firefox OS Will Open Up The Smartphone Market

The first phones with Firefox OS are due to launch soon and though initially they were rumored for Latin America, the chances are they will launch in Europe at the same time.<p>How disruptive can they be? There are good reasons for saying: Very.<p>We are about to witness the smartphone market morph once …

Huge attack on WordPress sites could spawn never-before-seen super botnet

Ongoing attack from >90,000 computers is creating a strain on Web hosts, too.<p>Security analysts have detected an ongoing attack that uses a huge …

Billionaire CEOs With The Biggest Paychecks

[gallery2012]<p>The highest-earning billionaire CEO in the Unites States received a salary of just $1 in 2012.<p>In fact, that’s what Richard Kinder has …

According to Starbucks, Chief Justice John Roberts Is a Victim of Credit Card Fraud

This article is from the archive of our partner .<p>This week was a big week for Chief Justice John Roberts. The two days of oral arguments tied to …

Curse of the Chinese billionaire: An eye-popping scandal shows how vulnerable tycoons really are

Hanlong Group<p>The saga of Liu Han—a Sichuan mining billionaire who has gone missing, leaving a trail of uncompleted global financing deals in his wake—illustrates the extreme risks of doing business with Chinese tycoons who may suddenly find themselves out of favor with Beijing.<p>International …

China