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Xiaomi’s weak debut portends trouble for imminent Hong Kong tech listings
Xiaomi Corp’s shares fell as much as 6 percent in their Hong Kong debut on concerns over the Chinese smartphone maker’s valuation, in an ominous sign for its technology sector peers who have lined up listings in the city. The share performance of Xiaomi is a key test of investor sentiment for what is expected to be a packed initial public offering (IPO) calendar in the coming months. These include a $4 billion deal from online food delivery-to-ticketing services platform Meituan Dianping and an up to $10 billion IPO from China Tower, the world’s largest mobile tower operator. (Fonte: Reuters)
Paypal to spend $3 billion a year on M&A: CEO to German paper
PayPal Holdings Inc is on the lookout for further acquisitions following its recent takeover of iZettle, the Swedish fintech startup, for $2.2 billion, in the U.S. payments company’s biggest ever deal. “We have a healthy balance sheet and we are ready to put it to work to buy more companies,” President and CEO Dan Schulman told Germany’s Handelsblatt business daily in an interview .” Paypal is ready to invest up to $3 billion a year on acquisitions that enable it to acquire specific capabilities, Schulman added. (Fonte: Reuters)
Lo smartphone con l’air bag? Lo ha inventato uno studente tedesco
Chiamiamolo pure il telefonino con l’airbag mobile. Cade e lui si apre per proteggere, evitando angoli scheggiati, vetri rotti e zone del dispaly che smettono di colpo di funzionare. L’ideona l’ha avuta uno studente di ingegneria tedesco, Philip Frenzel, ha realizzato un prototipo. Sostanzialmente ha la forma di una custodia protettiva sottile. I sensori comandano quattro molle metalliche che si aprono quando il telefono diventa vittima della forza di gravità. Una volta aperte le molle si possono fare rientrare. Il progetto ha vinto il primo premio al concorso della Mechatronics Association Germany. (Fonte: Il Sole 24 Ore)
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