Xiaomi moves forward with IPO plan

first_img Related Previous ArticleUnited Capital to appeal 9mobile board annulmentNext ArticleTag Heuer unveils latest smartwatch AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 15 JAN 2018 Steve Costello Devices HomeDevicesNews Xiaomi moves forward with IPO plan Xiaomi is reported to have signed bankers to support an anticipated initial public offering (IPO) which could value the company at $100 billion.Bloomberg reported Xiaomi selected Morgan Stanley and Goldman Sachs, with Credit Suisse and Deutsche Bank also in the frame to play a role. The smartphone maker is also considering a China-based underwriter and is yet to decide on timings or locations of a listing.There is significant interest in a Xiaomi IPO after the company shrugged off a turgid 2016 to return to growth in 2017 – something it is understandably keen to highlight. Reports indicated the company is set to smash its annual target, with strong profitability.While a valuation of $100 billion was mooted, earlier reports put the figure at $50 billion.Despite its strong performance in 2017, the company does have a number of challenges to face, not least of which is that to grow its smartphone market share it will need to enter additional markets, which are already home to tough competition.While Xiaomi has done well to establish itself in markets including India, this was a long and complicated process and further international expansion will not come easy.The company also built up a strong hardware ecosystem by working with partners, which resulted in its Mi brand gaining ground in the consumer space. Bloomberg also cited Xiaomi’s strength in software as something which sets it apart from other Chinese vendors. Authorcenter_img Steve works across all of Mobile World Live’s channels and played a lead role in the launch and ongoing success of our apps and devices services. He has been a journalist…More Read more US backs down on Xiaomi row Xiaomi off the hook in the US Xiaomi smartphone surge bears fruits Tags Xiaomilast_img read more

NEWSical, Fifth-Longest-Running Musical in Off-Broadway History, Sets Closing Date

first_img Newsical The Musical NEWSical The Musical, the fifth-longest-running musical in off-Broadway history and 2011 winner of the Off-Broadway Alliance Award for Best Musical, will conclude its historic run at the Kirk Theatre at Theatre Row on June 17. The ever-evolving musical mockery of current events began previews on November 23, 2009 and officially opened on December 9 at the 47th Street Theatre.Written and created by Rick Crom, directed by Mark Waldrop and music-directed by Ed Goldschneider, NEWSical The Musical mocks major news stories ranging from the lowest depths of reality television to the highest office in the land.Throughout its run, NEWSical The Musical’s core cast has featured Rory O’Malley, Leslie Kritzer, Christina Bianco, Tommy Walker, Kristen Mengelkoch, Carly Sakolove, Scott Richard Foster, Amy Griffin, Perez Hilton, John Walton West, Emily McNamara, Ryan Knowles, David Foley, Wade Dooley, Dylan Hartwell, Sally Schwab, Meg Lanzarone, Erin Maguire, Sheri Sanders and Amy Hillner Larsen.The closing night cast will include original stars Christine Pedi and Michael West as well as longtime cast members Susan Mosher and Taylor Crousore. View Comments Show Closed This production ended its run on June 17, 2019center_img Related Shows Tommy Walker, Christine Pedi, Leslie Kritzer, Perez Hilton & Michael West in “NEWSical The Musical”(Photo: Michael D’Angora)last_img read more

Angones implores all lawyers to support the rule of law in Pakistan

first_img December 1, 2007 Regular News Angones implores all lawyers to support the rule of law in Pakistan Angones implores all lawyers to support the rule of law in Pakistan Florida Bar President Frank Angones is calling on Bar members to speak out and support Pakistan’s lawyers, judges, and legal system which has been under attack since President Pervez Musharraf declared a state of emergency November 4.“Recent events in Pakistan should deeply disturb every member of the legal profession, and indeed anyone who cares about the rule of law in our world,” said Angones, who emphasized he is speaking for himself and not the Bar. “I condemn the removal of the chief justice of the Supreme Court of Pakistan, the arrest of many local bar leaders, and attacks on the Pakistani legal community at large. An independent bar and judiciary are absolutely vital to all lawful societies. I encourage my colleagues in The Florida Bar to join me and urge others to speak out for the immediate restoration of the rule of law in Pakistan.”The Pakistani Supreme Court had been considering whether Musharraf, who is also head of Pakistan’s armed forces, had legitimately been re-elected president in a recent election.The declaration of the state of emergency swept aside the Supreme Court and suspended the civil legal system. Some judges were arrested and others were forced to swear allegiance to Musharraf instead of the Pakistani constitution. When thousands of lawyers took to the streets to protest, they were violently suppressed by police and the military.Angones contrasted what happened in Pakistan with the U.S. contested presidential election in 2000.“In our state court and in our Supreme Court, lawyers respectfully argued over the ballot count. A ruling from the U.S. Supreme Court settled the matter,” he said. “The rule of law prevailed, and the reins of power passed peacefully from one president to the next. No troops were called out. There was no violence and no mass arrests of protesters who quarreled with the troubled election or the high court’s ruling on it. Judges remained accountable to our laws and Constitution. Courthouse doors stayed open, and justice continued to be served.”That model has worked for over 200 years in this country, Angones said, and is the model for emerging democracies around the world.“Pakistan today serves as an example that without the legitimate rule of law, an errant national leader can survive only by crushing the voice of the people,” he said. “Without the rule of law, courts are prevented from serving as a check and balance on the executive and legislative branches — and democracy is in peril.. . . In ongoing rallies thousands of attorneys continue to be arrested as they protest the clampdown on judicial independence.It’s not a new problem, the Bar president said, as demonstrated by Shakespeare’s famous line in Henry VI, “The first thing we do, let’s kill all the lawyers.’’ Shakespeare’s characters were planning a coup and knew to be successful they had to repress the lawyers.“In Shakespeare’s England, as in today’s Pakistan, lawyers and the courts play an integral role in protecting liberty. When a democracy is struggling, a fair and impartial judiciary is the foundation for peaceful and positive change. Being able to lawfully resolve disputes is vital; access to the courts is essential,” Angones said.“Today in Pakistan, judges and attorneys are in jail and under arrest for speaking up for the rule of law. We must stand with them, and we must be ever vigilant about maintaining our fair and impartial judiciary.”Angones’ statements are echoed by the ABA, which sponsored a protest march by American lawyers at the U.S. Supreme Court protesting Pakistan’s martial law and the arrest and suppression of lawyers and judges.“We have witnessed a brutal attack on the rule of law,” ABA President William H. Neukom said. “We are here because we cannot forget the images of hundreds of our brave colleagues assaulted in the streets, carried off in police trucks, and fenced in by barbed wire and concrete barricades.“In Pakistan and elsewhere, lawyers are the keepers of democracy. In our own nation, lawyers built our democratic society, founded on the rule of law, and continue to play a vital role. As lawyers, our goal is not just to support the rule of law, it is to stand up for our beliefs in basic human rights — the right to feel secure in our own homes, the right to work in safety, and the right to freely voice our views.”last_img read more

München maglev funded

first_imgON SEPTEMBER 25 the regional government of Bayern reached an agreement to fund a €1·85bn maglev to link Franz Josef Strauss Airport with München Hauptbahnhof. President of Bayern Edmund Stoiber announced the agreement in a national television address. The funding gap between the state and DB has been bridged by contributions from a number of sources, including the federal government and the EU. The line is to be built as a joint-venture between DB and the GSV consortium, which includes Siemens, ThyssenKrupp, Hochtief, Max Bögl and Bilfinger Berger.Of the projected €1·85bn total construction cost, the German federal government is to provide €925m and the Land of Bayern will contribute an initial €490m. DB’s total contribution is likely to reach €235m, while the airport authority has pledged €100m, much of which will come from the public sector since its two largest shareholders are the federal and Land governments. A further €50m will be forthcoming from the EU, which has already provided funding for the initial planning stages.Stoiber joined his transport minister Erwin Huber in declaring the project a ‘shining beacon’ for German technology. Construction work on the 37 km line, which will partly follow the route of S-Bahn Line S1, is due to commence in summer 2008, with the first services projected to run in 2014. The Transrapid is expected to complete the journey from the airport to the city centre from 40 min at present to around 10 min.last_img read more

Berea-Midpark High School Girls Varsity Golf falls to Olmsted Falls High School 204-255

first_imgOlmsted Falls High School Related Topics Vince McKee Berea-Midpark High School                                                                                                     Berea-Midpark fell to SWC rival Olmsted Falls at Emerald Woods 204-255. Leading scorers for the Titans were Madysen Lecomte and Lisa Martin who both shot a 62 on the afternoon.UP NEXTThe Titans will return home to Seneca Golf Course to host Avon Lake on Wednesday September 13th. Tee Time is set for 3:30 p.m.Titans Scorers – 2551. Lecomte – 622. Martin – 623. Parker – 664. Haneberg – 675. Hiros – 676. Siggers – 65 AWAYHOME 255204last_img read more

Klimpke Christmas Lights Display Will Not Take Place This Year

first_imgBrenda: “Our decision not to have the light display was a hard one to make, We hope that by taking a year off, John will get stronger and we will be able to resume it next year. We hope all of our family, friends and community have a very Blessed Thanksgiving and a Merry Christmas.” According to a social media post from Brenda Klimpke: “The Klimpke Christmas Light Display will not be taking place this year due to a family medical situation that has continued throughout the year.” FacebookTwitterEmailPrintFriendly分享The Klimpke Family will not be flipping the switch on their annual Christmas Lights Display in Nikiski for the 2019 holiday season. John and Brenda Klimpke started the lights display in Nikiski off of Blueberry Avenue 19 years ago.  John: “It started off with just one little snowman, and it seemed like every year it just grew and grew. Every year it just keeps getting bigger, bigger and better.”  Visitors from all over the Kenai Peninsula, and even some from Anchorage have flocked to see Klimpke’s lights over the years. Christmas decorations fill their yard and according to John he uses miles and miles of extension cords: “Miles and miles is right. We quit counting, but one year my daughter counted 23,000 lights, but we double that now.”last_img read more

Malcolm-Jamal Warner reveals he too tried to get ‘Cosby’ co-star Geoffrey Owens a gig after being job-shamed

first_imgABC/Heidi Gutman(NEW YORK) — Malcolm-Jamal Warner was told at a young age by his mother that just because he was on a hit sitcom, didn’t mean he was set for life. In fact, Warner says during the early years of Cosby, his mother “impressed” upon him that the show was “not going to be around forever.“So when his former Cosby co-star Geoffrey Owens was recently job-shamed for working at a Trader Joe’s, Warner tells ABC Radio the incident struck a nerve with him because he knows Owens is “a wonderful human being.““And, I just thought it was very courageous of him to– in the face of people trying to job shame him,” he says. “There was nothing in his being, saying… ‘I’m too proud to be at Trader Joe’s.’ And that just speaks to the testament of who Geoffrey is.”Warner also reveals that he tried to get his former co-star a job after he defended Owens on Instagram.“At the same time putting that post out, I also reached out to producers on The Resident to [see if there is] something we can do with him,” he says. “And..there was a role that was supposed to be a one and done. But Amy, our showrunner, she said, ‘Oh, for him we’ll make that a recurring.’”Unfortunately, the opportunity didn’t work due to “scheduling” and multiple job offers for Owens, including one from filmmaker Tyler Perry, who cast him in his hit series The Haves and the Have Nots.According to Warner, Owen’s tough situation turned into a major blessing. “So the people who tried to turn this into a negative really did something very positive for Geoffrey. It was like I said, ‘It was the kick that his career needed,’” he smiles.Copyright © 2018, ABC Radio. All rights reserved.last_img read more

Nationals score big over White Sox 6-4: Recap 6/5/19

first_imgAnibal Sanchez pitched a very strong five innings for Washington. Sanchez allowed four hits and seven strikeouts while pitching. Tanner Rainey allowed one hit and strikeout in relief for Washington. The Washington Nationals beat the Chicago White Sox on Wednesday afternoon at Nationals Park in regular season action. The Nats record currently stands at 27-33. The White Sox drop to 29-32. In addition, in the bottom of the fourth inning, Suzuki grounded into fielder’s choice to shortstop, Juan Soto scored, Adams out at second, Kendrick to third. At the bottom of the third inning, catcher Kurt Suzuki singled to right center, Matt Adams scored. Additionally, in the bottom of the sixth, center fielder Victor Robles hit sacrifice fly to right, Adams scored, Suzuki to third. On top of that, in the bottom of the sixth, Suzuki scored on an error by shortstop Anderson, Parra safe at first on error by shortstop Anderson.center_img Finally, Trea Turner homered to the left (399 feet), Dozier scored. With a win over the White Sox, the Nationals head to San Diego for a four game series with the Padres starting tomorrow night at 10:05pm at Petco Park. Pitching for the Nationals will be Patrick Corbin. Please follow and like us:last_img read more

Developing SA’s biotech industry

first_img10 March 2003South Africa’s bid to commercialise biotechnology is forging ahead with the setting up of three new regional innovation centres, the first of which was launched this month in Johannesburg.The Biotechnology Partnership for Africa’s Development (Biopad) was initiated earlier this year as a collective response, by a community of biotechnologists and other professionals, to the challenges posed by the varied needs of the region and the continent.According to the Biopad website, the aim of the initiative is to put South Africa among the world leaders in the application of biotechnology, in so doing “stimulating economic development, contributing to job creation, and building world-class skills and technology platforms to sustain and continue development”.Three regional Biopad biotechnology innovation centres are being set up under the auspices of the department of science and technology, in accordance with the department’s national biotechnology strategy.The department has allocated R400-million over the next three years towards the setting up of the three centres, in Gauteng, the Western Cape and KwaZulu-Natal.The centres will serve as nuclei for the development of biotechnology platforms, from which a range of businesses offering new products and services can be developed. The centres will promote research and development, entrepreneurial services, technology, intellectual property management and business incubation.Each centre will focus on specific areas of biotechnology that fit with the country’s development imperatives, use local expertise and have commercial potential.The biotechnology innovation centre in Gauteng, which aims to become self-funding after three years, has been given R135-million by the department, and will focus on animal health on the one hand, and industrial, mining and environmental biotechnology, on the other.Both these focus areas are strategically important for South Africa and the region. Animal production comprises around 35% of total agricultural turnover in the country. Projects focusing on this area will include developing vaccines for tick-borne heartwater disease and bovine pneumonia, and combating psittacine beak and feather disease.According to a Business Day report, a further 25 projects are being funded by the Gauteng centre, including initiatives to “produce fine chemicals from aloes, identify microbial enzymes to help extract the flavour and medicinal compounds of Rooibos tea, and produce natural flavours and fragrances from micro-organisms”.The biotechnology innovation centre to be developed in KwaZulu-Natal will focus on human health, industrial bioprocessing and plant biotechnology, while the Western Cape centre will also focus on human health and industrial bioprocessing.Egoli BIO incubatorThe opening of the Gauteng Biopad centre was not the only boost biotechnology in the province has received this year. A separate initiative, the Egoli BIO life sciences incubator, was launched in February.Egoli BIO is a business incubator which aims to help grow small, medium and micro-sized biotechnology enterprises in the country. The company works closely with Biopad to nurture and prepare small, medium and micro enterprises (SMMEs) for commercialisation.According to the website, Egoli BIO seeks to act as a “development conduit for the commercialisation of life sciences research, products, services and technology platforms” in South Africa.“It seeks to attract and nurture the highest quality tenants in this niche area, providing business infrastructure, strategic guidance, financial and legal advice, and to create an environment of learning and sharing in which information, experience and ideas are freely exchanged.”Egoli BIO is a joint initiative between the Council for Scientific and Industrial Research, the Innovation Hub – one of the project’s of the Gauteng government’s Blue IQ initiative – and AfricaBio, South Africa’s biotechnology industry association.Funding for Egoli BIO is being provided through Godisa, a joint initiative between the department of trade and industry, the department of arts, culture, science and technology, and the European Union.SouthAfrica.info reporterlast_img read more

Social Networks gaining on Internet portals

first_imgUS Web stats company Compete has some interesting analysis on how Social Networking sites compare to portals. From asample size of around 2 million US people, Compete concludes that social networkingsites are quickly approaching the traffic level of the big portals like Google and Yahoo.Their key findings:1. In June, 2 out of every 3 people online visited a social networking site2. Since January 2004, the number of people visiting or taking part in one of the toponline social networks has grown by over 109%3. Social networking sites are now close to eclipsing traffic to the giants – Googleand YahooThey liken the growth of SNS to email in the 90’s. A couple of charts fromCompete: Given my recent coverage of international markets, it’d be interesting to see how thelikes of Bebo fits into this picture – as Bebo recently overtook MySpace as the top SNS in the UK. Compete’s stats are US-only, but in any case it’s clear that all trendspoint to SNS sites overtaking the Internet portals – sooner rather thanlater. A Web Developer’s New Best Friend is the AI Wai… 8 Best WordPress Hosting Solutions on the Market richard macmanus Why Tech Companies Need Simpler Terms of Servic… Tags:#Statistics#web Top Reasons to Go With Managed WordPress Hosting Related Posts last_img read more