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Lei Jun: IPO of Chinese mobile-phone maker won’t be soon

Bloomberg Xiaomi Corp. Chief Executive Officer Lei Jun has reportedly said that Chinese handset maker, valued at US$45 billion by a 2014 funding round, wasn’t planning a public listing “at the moment.” Lei, speaking to reporters at the opening of the National People’s Congress in Beijing, said he wants Xiaomi’s initial public offering to be a natural process and noted ...

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Consumers still prefer credit cards to paying with a smartphone

Relaxnews As Google gears up to launch its digital wallet service, Android Pay in the UK, many experts are still less than convinced that the idea of replacing a credit card with a smartphone is really going to gain mainstream consumer appeal. According to Juniper Research, by the end of 2016, 148 million people around the world will be reaching ...

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Men, know how to wear green!

Bloomberg Every March 17 brings thousands of small, missed fashion opportunities. Yes, a shamrock shirt is fun—as is everyone in the office dressing in the same colour for a holiday. But in America, St. Patrick’s Day is too frequently the only time each year that men dig their single green sweater (or tie) out of the closet and then, grudgingly, ...

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