Xiaomi picks up $1B for global push

first_img Tags AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 28 JUL 2017 Xiaomi off the hook in the US Previous ArticleEtisalat CEO praises flexibility in face of market challengesNext ArticleApple to cut VPN services from App Store in China Kavit joined Mobile World Live in May 2015 as Content Editor. He started his journalism career at the Press Association before joining Euromoney’s graduate scheme in April 2010. Read More >> Read more Chinese smartphone maker Xiaomi secured a $1 billion loan, as it looks to accelerate global expansion and explore new retail opportunities.The company struck a three year syndicated loan agreement with a group of 18 banks across Europe, the Middle East, India, China, Hong and Taiwan, and follows a similar loan secured in 2014.Donovan Sung, Xiaomi’s global spokesperson, said on Twitter the loan “was a strong endorsement of Xiaomi by the international capital markets”.Sung added the loan will be used to address CEO Lei Jun’s (pictured) strategic development aims, outlined earlier this year, including globalisation and identifying new retail opportunities.The company did not specify which new international markets it is targeting.Earlier this month, Xiaomi talked up a “return to fast track growth”, following a period of declining sales, as intensifying competition took its toll.During Q2, the company shifted a record 23.16 million devices. CEO Jun said in a letter that the company was targeting a goal of 100 million shipments in 2018.In regards to its retail ambitions, the company has opened 149 stores in China, and it has also established its first in India, with the hope of opening 100 over the next two years. Kavit Majithia US backs down on Xiaomi rowcenter_img Related Devices Home Xiaomi picks up $1B for global push Author Xiaomi smartphone surge bears fruits Xiaomilast_img read more

Notebook: Stoops explains coaching calls

first_imgCOLUMBIA, Mo. – There were a few coaching decisions in Saturday night’s 20-10 loss at Missouri that had University of Kentucky football fans scratching their heads, starting with quarterback Patrick Towles’ six first-half passing attempts a week after he threw for 390 yards against No. 1 Mississippi State.When he did throw early, most of Towles’ passes were off-target. He threw an interception before the break that ended a streak of 159 consecutive attempts without a pick – the second-longest such streak in school history. So was the Wildcats’ QB physically OK?“We discussed it on the sidelines,” coach Mark Stoops said, “and made sure he was all right. We asked him and checked him and he seemed to be fine.”Limiting pass attempts early was apparently part of the game plan going in. Offensive coordinator Neal Brown felt it important to establish a rushing attack to combat the Tigers’ pass rush that ranks top-10 nationally in sacks. But there were some interesting individual decisions, too.Down 10 with about a minute and a half to go, facing fourth-and-1 from the Missouri 21-yard line, UK went for it and was stuffed.“In hindsight, I probably should have kicked the field goal,” Stoops said. “I thought we could get it.”He did not regret two third-quarter decisions to go for it on fourth down, first from the Tigers’ 37 and later from their 32 – both of which failed.“They were extremely long field goals” for freshman kicker Austin MacGinnis, Stoops said. “You just felt like it was too much for him, his leg. Even his kickoffs, wasn’t as much pop there. (And) we felt like we needed to do something. We needed as many opportunities as we could to make something happen offensively.”But what about running a draw play on third-and-10 from deep in Missouri’s end of the field?“We had two downs, so I was trying to get it back – half – so they couldn’t pin their ears back,” Brown said.Freshman running back Mikel Horton, who led the Cats with a career-high 62 yards on 10 carries, had an interesting response when a reporter told him both Stoops and Brown questioned the team’s toughness in the loss.“Everybody has their flaws, including the coaches,” he said. “Some bad play calls or even some bad runs or catches by receivers and running backs. It was all a team effort and the blame is on the team, not a specific group.”Injury update Starting nickel Blake McClain and starting cornerback Fred Tiller both left the game with injuries and did not return Saturday night. McClain exited with a left shoulder injury after making a diving pass breakup in the end zone in the first half. Tiller left later in the half with an unspecified injury.“Fred’s, I believe that the x-rays were negative for what they were checking with,” Stoops said. “But obviously if they can’t get full strength, they can’t come back into the game.”Quick kicks … • Missouri defensive end Shane Ray, already the SEC’s leader in sacks and tackles for loss coming in, had two more sacks against Kentucky and set a single-season school record (12) on a game-clinching fourth-down play.• Wildcats linebacker Josh Forrest recovered from a rough first half and helped the defense pretty well stuff Missouri in the final two quarters. He finished with a team-high 10 tackles, two for loss, and forced a fumble as UK allowed just 102 total yards after the break.• Starting right tackle Jordan Swindle committed his eighth false-start penalty of the season Saturday. It is a recurring problem for one of the team’s offensive leaders. The Cats had nine penalties for 65 yards Saturday, many of them drive-stalling flags on the offense.“I think it all comes back to that (mentality),” Brown said. “That’s a situation we practice over and over again. (The Tigers) do a good job. They line up in one front and they yell ‘Shift!’ and shift down, and we showed it (on film). That’s not something that we weren’t prepared for. Again, in those situations we weren’t mentally tough enough to get it done.”– Kyle Tuckerlast_img read more

Wolves Face Rubio, Jazz In Home Opener

first_img About Connatix V56892 The wolves looked shaky in their 107-99 season opener loss in San Antonio and need to come out with some attitude to get the win in front of their home fans.The Jazz opened their season with a 106-96 win over the Nuggets at home.Tip-off between the Jazz and the Wolves is scheduled for 7:00 p.m. You can catch the game on AM 1240 WJON with the pregame show starting at 6:30 p.m.Projected StartersJazz: PG – Rubio, SG – Mitchell, SF – Ingles, PF – Favors, C – GobertTimberwolves: PG – Teague, SG – Wiggins, SF – Butler, PF – Gibson, C – Towns 720p HD About Connatix V56892 1/1 Auto (360p)center_img MINNEAPOLIS — After a disappointing start to the season the wolves are looking to turn things around Friday night at Target Center.The wolves home opener will not only see some new details to the court, seats, and locker rooms but also a familiar face in Ricky Rubio’s return.Rubio was traded to the Jazz this summer for a 1st round pick. Rubio spent his first six seasons with the wolves. Visit Advertiser website GO TO PAGE Skip 1080p HD 360plast_img read more

MEDIC Regional Blood Center has critical need for several blood types

first_imgKNOXVILLE, TN (WLAF) – MEDIC Regional Blood Center is now at the critical level for O Positive, O Negative and A  Positive blood types.WHO:             MEDIC Regional Blood CenterWHAT:            MEDIC Regional Blood Center is now at the critical level for O Positive, O Negative and A Positive blood types.WHEN:           Immediate NeedWHERE:         MEDIC Regional Blood Center Donor Centers (Downtown Knoxville, Farragut, Athens and Crossville)                   Location Hours and Directions and Mobile Blood Drive List:  www.medicblood.org                        Note: MEDIC is requiring donors at community drives (mobile buses, churches, businesses or other community organizations) to wear a mask or face covering. If a donor does not have a mask or face covering, MEDIC will provide one. MEDIC is strongly encouraging donors who give at donor centers to wear a mask or face covering.                        Appointments can be made online at www.medicblood.org using the donate link. Appointments can also be made by calling 865-524-3074.MEDIC is allowing walk-in donors as well. WHY:              MEDIC Regional Blood Center has seen an increase in demand for blood products and is currently experiencing a critical need.                    MEDIC continues to follow social distancing guidelines and will continue wellness checks upon entry at all locations and drives.Donors are strongly encouraged to make appointments to donate. Additionally, they are encouraged to wear their own mask when onsite.As a reminder, the blood on the shelves now is what would be used in a trauma event and it takes three days for donated blood to be processed and ready for distribution.          OTHER:        Through June, all donors are entered to win one of the following:$500 E-Gift CardFree Month of Mosquito Protection from Preferred PestFood City Gift CardHard Knox Pizza Gift CardWEBSITE:       www.medicblood.orgSOCIALMEDIA:          Facebook: @medicbloodTwitter: @medicbloodInstagram: @medicbloodcenter(WLAF NEWS PUBLISHED – 06/04/2020-6AM)Share this:FacebookTwitterlast_img read more