Tech advancement can transform industries, foster new sectors, Xiaomi's Lei Jun says

Tech advancement can transform industries, foster new sectors, Xiaomi’s Lei Jun says

Technological advancement plays a critical role in transforming traditional industries and fostering emerging sectors, and Xiaomi Corp will continue to innovate so as to contribute to China”s path to modernization, said Lei Jun, deputy to the 14th National People’s Congress, China’s top legislature. Lei, CEO and chairman of Xiaomi Corp, said at the sidelines of…

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Messaging App Telegram Is Profitable, Says Founder Durov

Messaging App Telegram Is Profitable, Says Founder Durov

Telegram is profitable after 11 years, thanks to ads and premium subscriptions, its CEO said. The platform’s revenue exceeded $1 billion, with $500 million in cash reserves. Telegram faces global scrutiny over misinformation and its lack of content moderation. Encrypted messaging service Telegram is finally profitable about 11 years after it was founded, CEO Pavel…

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follding floating wind platform

Startup Supported by Bill Gates Demonstrates Folding Floating Wind Platfom

Startup floating wind technology company Aikido Technologies is ready to launch the first demonstration of its unique folding floating wind platform. The company promotes its technology as providing a faster and more cost-effective solution to the deployment of floating offshore wind turbines. Aikido Technologies was founded in 2022 with the support of Breakthrough Energy…

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