Showing posts with the label Home

Apple's problems in China fuel a $20 billion Xiaomi rally

Xiaomi Corp. (1810.HK) has gained about $20 billion in market value from a June low, thanks to enthusiasm for its newest handset as well as pushes into electric vehicles and other sectors. In that time, the Hong Kong-listed stock surged more than 60%, making it the greatest performer on the Hang Seng Tech Index. Chinese Android companies are profiting while Apple's sales in the nation falls, despite evidence that Asia's largest smartphone market is beginning to recover after years of decline. Since its late-October introduction, Xiaomi's 14 series has received over one million orders. Following Huawei Technologies Co.'s triumph with the Mate 60 Pro, this is the second smash launch for a Chinese smartphone in as many months. Although Huawei is not publicly traded, investors have been buying up shares in its suppliers. While Xiaomi's stock has risen in response to the stellar 14 series orders, some experts believe it is ready to rise even more. EVs and "artificia

Elon Musk's plan to provide Starlink internet to "internationally recognized aid organizations" in Gaza is something that Israel claims it would oppose.

After connections were shut off late Friday, Elon Musk announced that relief organizations in Gaza will have access to Starlink satellite internet. Following Israel's bombardment of the Gaza Strip, cellular and internet communications were lost. It subsequently started its initial ground attacks into Gaza. There was a problem with the emergency 101 phone number; ambulances could not be summoned. According to reports from sites like The Guardian, many journalists and charity workers in the Gaza Strip were also without communication. Later, in response to Musk's post on X, Israel's minister of communications, Shlomo Karhi, declared that Israel will oppose the SpaceX CEO's attempt to provide Starlink to Gaza. In the article, Karhi declared, "Israel will fight this with every tool at its disposal." Israel will combat this with every tool at its disposal. It will be used by HAMAS for terrorist operations. We know it, musk knows it, and there is no question about it

Trump asks Judge Tanya Chutkan to recuse herself from federal 2020 election subversion case

 In his case involving alleged tampering with the 2020 election, former President Donald Trump's attorneys want a new judge. They said in a brief on Monday that Judge Tanya Chutkan should withdraw from the case because of prior comments they claim appear biased. Although they did not directly accuse Chutkan of being prejudiced against Trump, they did draw attention to several of his utterances that they felt "create a perception of prejudgment incompatible with our justice system." "Judge Chutkan has advocated for President Trump's criminal prosecution and imprisonment in connection with other instances. Such statements, made before to the commencement of this litigation and without due process, are inherently disqualified, according to the brief by Trump's lawyers. Trump has pleaded not guilty in the case brought by special counsel Jack Smith, in which he is accused of committing four felonies in connection with a plot to obstruct the peaceful transfer of po