What a hectic week it has been for me as well as on the tech scene. I'm gonna keep it short and simple on this one.
Yep! you read the heading right, Xiaomi sold just over two million smartphones in one single day! that's crazy, right? Well, apparently, Xiaomi often called the apple of China, made $335 million (don't scream, pls) during its annual "Mi Fan Fest" selling a range of devices. The company is already one of the top electronics manufacturers in the world making smart watches, phones, TVs etc. Of course, its Chinese, what else did you expect?
Apple also debuted its much anticipated Apple smartwatch and MacBook this week. The smartwatch was available for trial in select stores around the world, and trust Apples fans there's already a backlog of orders. But, hey a range of other companies also have smartwatches in the market already, including Samsung. Well, I haven't tried an Apple smart-watch yet, so I'm just gonna chill for the reviews to come in.
Well, Tianhe-2 located in China, has been the most powerful computer for a while now and China wanted to upgrade it. However, the upgrade was to use chips from Intel, a US manufacturer. Apparently, US has sighted fears over nuclear research to stop Intel from supplying China with the chips. Read story here. But trust China, they have decided to accelerate development of homegrown chipmakers to supply the needed chips. I think what this story speaks to is that regulatory risks are real! Do not neglect them.
Lastly, do you remember what happened with Jay-Z, Tidal and Spotify? Well, here's the story. Jay-Z and some other musicians including Madonna, Kanye West, Beyonce, Daft Punk, Nicki Minaj, Rihanna, Alicia Keys and Calvin Harris, floated their own music streaming service, Tidal. Well, apparently in order to boost sales, Jay-Z pulled his album, Reasonable Doubt, from Spotify, a dominant music streaming service, and put it exclusively on Tidal (talk about business guts!). Well, I think that might have just sparked a race for exclusive content. In recent news, Apple has joined the race, read here.
Muchas gracias!
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