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Xiaomi is looking to raise up to $6.1 billion in Hong Kong IPO

After postponing Shanghai IPO, Xiaomi today confirmed that it will list in Hong Kong first offering a total of 2,179,585,000 Shares (subject to the Over-allotment Option), comprising initially 108,980,000 Hong Kong Offer Shares (subject to adjustment) and 2,070,605,000 International Offer Shares (subject to adjustment and the Over-allotment Option). The offer price range is from HK$17 to HK$22 per share, so the company could raise anywhere between US$ 4.72 billion and US$ 6.1 billion. Even...
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TSMC said to make 7nm Qualcomm Snapdragon 855 SoC starting from 2018-end

Snapdragon 845 10nm SoC manufactured on second generation 10LPP process from Samsung was introduced back in December last year. Earlier reports said that TSMC will be making the 7nm (FinFET) chips for the Snapdragon 855 SoC, now new report corroborates this, and also says that the production will start by the end of 2018 or early 2019. MediaTek's latest Helio M70 5G Modem is also based on TSMC's 7nm FinFET tech.  Earlier this year Qualcomm introduced Snapdragon X24 as the world’s first 7nm...
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Facebook Messenger will now automatically translate Spanish messages to English

Facebook Messenger can now translate Spanish messages to English (and vice versa). Facebook debuted the feature called M's translation suggestions at F8 in May, but that was Facebook's new tools for businesses and used to only work for chats between buyers and sellers in Marketplace. Starting today, you will see "Translate to English/Spanish" module pop up when someone messages you in either language.  The first time you tap on the module, M will ask if you'd like to auto-translate all the...
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BlackBerry partners with Bullitt Group to protect Cat and Land Rover rugged smartphones with BlackBerry Secure

BlackBerry today announced it has entered into a partnership with Bullitt Group, a British smartphone and consumer electronics maker, to develop new highly-secure connected devices that are certified as “BlackBerry Secure.” Bullitt will use BlackBerry cybersecurity technology in its rugged Cat (Caterpillar Inc.) and Land Rover branded products offering better security for the enterprise customers buying the rugged phones. These devices are used by customers in over 100 countries, with a strong...
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Google Photos v3.23 hints at adjustable bokeh effect, lower saved photo quality, and more

Google is rolling out a new update to the Photos app which brings the version to V3.23 and there are no immediate changes right off the bat, but there are many features lying behind the screen one among which is the ability to apply smooth bokeh effects of portrait mode, and we can even control the intensity of the blur. It also includes a new option to downgrade your already backed-up photos to high quality so you can get back some of that cloud storage. The custom adjustments for portrait...
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