Enterprise
Xiaomi’s 2019 revenue exceeds CNY 200 Billion
A good year for Xiaomi!
Xiaomi Corporation is an internet, smartphone, and smart hardware company. Their products are fundamentally connected by their Internet of Things(“IoT”) platform. And, they’ve just hit the jackpot with their audited consolidated results for the year 2019.
Their Founder, Chairman, and CEO, Mr. Lei Jun says: “Despite headwinds from the Sino-US trade war and global economic downturn, Xiaomi stood out in 2019 with a commendable set of results as our revenue exceeded RMB200 billion for the first time.”
2019 was a good year for Xiaomi. They’ve managed to achieve significant growth across all of their business segments. They’ve earned themselves a total revenue of over CNY 200 billion for the first time (reaching CNY 205.8 billion).
Xiaomi managed to celebrate several key milestones. From successfully launching their independently operated dual-brand, Xiaomi and Redmi, focusing on ‘5G+AIoT’ as a strategic roadmap, to their inaugural entries into the prestigious ranks of not just the Fortune Global 500 but also, BrandZ’s Top 100 Most Valuable Global Brands.
Mr. Lei Jun says, “while the entire world is still under the dark shadows of COVID-19, we have maintained our keen focus on efficiency to tide over this economic ‘black swan’ with everyone. At Xiaomi, we firmly believe that our long-term business success is underpinned by technological innovations… Overall, we remain committed to using technology to connect and improve lives everywhere in future.”
Enterprise
NVIDIA CEO admits to having an affair with alleged Chinese spy
The company is currently investigating the allegations.
In one of the craziest headlines this year, NVIDIA CEO Jensen Huang has admitted to having an affair with an alleged Chinese spy.
Over the weekend, a heavy allegation claimed that the NVIDIA CEO had a relationship with a person actively involved in Chinese intelligence. Since Huang is involved in business globally, the accusation isn’t a light one. In fact, it’s serious enough that Huang admitted to the affair late this past Sunday.
In an internal letter reported by Associated Press, the CEO acknowledged the existence of the affair with a business executive. Of note, Huang did not confirm the executive’s ties to Chinese intelligence. NVIDIA, however, will conduct its own investigations regarding the allegations. Despite the allegations, Huang will remain as the company’s CEO. The company is also confident that the alleged spy did not compromise NVIDIA’s secrets.
According to The New York Times, the executive, Alice Huang, was reportedly feeding information back to Beijing, despite being an executive of the Singapore-based Megaspeed, which is already a serious customer of NVIDIA.
Now, NVIDIA is currently in a prime position when it comes to the industry today. Formerly a huge proponent of gaming peripherals, the company is now one of the biggest names in AI hardware, allotting a lot of its products for data centers. Huang’s allegations come at an interesting time.
Apps
Salesforce introduces Slack Frontline for deskless workers
Simple, secure, mobile-first way for deskless teams across retail, healthcare, manufacturing, field service
Salesforce is bridging the massive divide between corporate headquarters and deskless workers with the launch of Slack Frontline.
This new solution is designed specifically for retail associates, healthcare providers, factory workers, and field crews.
The mobile-first workspace brings communication, data, role-specific tools, and AI together in a single clutter-free app.
While frontline employees make up about 80 percent of the global workforce, they have historically been left out of workplace transformation, often relying on paper checklists, group texts, and broken communication loops.
Slack Frontline addresses these challenges by giving mobile workers up to 10 role-relevant channels, instant Huddles with headquarters, on-demand AI agents, and automated workflows.
Backed by Salesforce data and enterprise-grade security, the platform lets IT teams govern the entire workforce under one secure layer with employee ID sign-ins, multifactor authentication, and compliance configurations like HIPAA.
This ensures that critical updates, training materials, and shift handoffs reach workers directly in their pockets without needing corporate email addresses or shared terminals.
Moreover, the platform is tailored to transform operations across multiple industries, including retail, home healthcare, manufacturing, hospitality, and field services.
For instance, retail teams can instantly sync promotions and monitor inventory, while healthcare professionals can securely review patient histories and coordinate care on the go.
Manufacturing and hospitality teams benefit from drastically reduced downtime and faster issue resolution, cutting response times significantly.
Slack Frontline is available now as an add-on for businesses on the Slack Enterprise+ plan.
Enterprise
Google illegally destroys 250,000 trees for a single AI data center
This is what we stand to lose with data centers.
In the Philippines, it’s illegal to cut down a single tree without a permit. It’s a constant reminder that the preservation of nature should be a civil, besides being a moral, obligation. And yet, corporations are seemingly immune from obligations and morals. Google, the company that used to stand for “Don’t be evil,” shows off its true colors by illegally cutting down 250,000 trees in Finland for a datacenter.
As first reported by The Guardian, Finland is now staring at 330 hectares of land suddenly denuded of around 250,000 valuable trees, all thanks to Google. A local ecologist has also said that the company killed a further 150,000 trees at a separate site.
The environmental desecration is part of Google’s multibillion-dollar push to build data centers all over the world for artificial intelligence. Google has since been ordered to stop the development in the country after Finland found that the company acted without securing the needed assessments and permits to clear the area.
Google brushed away the report by saying that they acted “on the best understanding we had of the legislation at the time.” The company also said that they are protecting the water quality at the affected sites and committed to replanting trees across 130 hectares, a pale comparison to the total area affected.
Other AI companies are also trying to weasel their way into other countries to build data centers. An example is the controversial Pax Silica in the Philippines. Finland now stands as a cautionary tale against the unimpeded and unsupervised growth of data centers for a service that no one asked for.
Don’t be evil, my ass.
-
Lifestyle1 week agoYour coffee nook is getting a makeover with Starbucks’ holiday collections
-
Lifestyle1 week agoSticker season is back, and so is the planner your ~friends~ might fill in for you
-
Gaming1 week agoWild Rift Patch 7.3, celebrates K/DA comeback
-
Gaming2 weeks agoROG G700 review: The best prebuilt PC you can get off the shelf
-
Gaming2 weeks agoPlayStation unveils Prism Collection
-
News3 days agoSony revives classic Walkman headphones with USB-C MDR-3R
-
News2 weeks agoApple unveils its biggest iPad mini update yet
-
Laptops2 weeks agoApple unveils MacBook Pro with PROLED XDR display and Touch
