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LG eyes to take smartphone cam to new heights in V30

Dubai / Emirates Business LG Electronics (LG) will incorporate an F1.6 aperture camera and glass lens in the dual camera of its upcoming V30 flag-ship smartphone, introducing industry-leading innovations that bring a new level of photographic innovation to the mobile industry. Excellence in smartphone cameras has long been a core competency of LG’s mobile devices and the dual camera module ...

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Money pours in as China eyes world domination in AI sector

Bloomberg Xu Li’s software scans more faces than maybe any on earth. He has the Chinese police to thank. Xu runs SenseTime Group Ltd., which makes artificial intelligence (AI) software that recognizes objects and faces, and counts China’s biggest smartphone brands as customers. In July, SenseTime raised $410 million, a sum it said was the largest single round for an ...

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Goldman boosts funding to credit-card startup Nubank

Bloomberg Goldman Sachs Group Inc. increased its credit line to Brazil’s Nubank, a four-year-old credit-card company that charges no fees and is growing as much as 10 percent a month. Nubank can now borrow as much as $144 million for about two years to finance its revolving credit portfolio, up from 375 million reais, David Velez, the Sao Paulo-based company’s ...

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