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Showing posts from March, 2024

Xiaomi SU7's >50,000 booking in under 30 minutes

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  The much awaited launch of Xiaomi SU7 announced last December 2023, is finally unveiled on 28 March 2024. More than 50,000 booking were done within 30 minutes of release. Prices are as follows:- SU7 : RMB215,900 SU7 Pro : RMB245,900 SU7 Max : RMB299,900 SU7 Fan Edition : RMB339,000 With a starting price of 215,900 yuan (nearly $30,000), Xiaomi positions the SU7 as a strong competitor in the electric car market. In a keynote speech, Xiaomi CEO Lei Jun confidently claimed the base model of the SU7 outperforms Tesla's Model 3 in 90 percent of the performance parameters. Battery life and smart technology were central themes in Lei's presentation. He promised a minimum range of 700 kilometers for the SU7 and touted it as "the best driving experience under 500,000 yuan." All SU7 models, the Basic, Pro and Max, boast fast-charging capabilities, offering 138 km of range in just five minutes and 350 km in 15 minutes. The SU7 seamlessly integrates with Xiaomi's existing e

Dell: “Come back to the office – or else”

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The tech giant DELL makes a turnaround from its decade-old pro-hybrid working culture by telling employees to return to the office with a strict mandate, warning those who choose to remain fully remote that they will not be considered for promotion nor be able to change roles, including applying to new roles in the company. Those who take the hybrid option have to come in three days a week to an “approved” office. This has led to disgruntled staff who complained about the matter behind closed doors, with a common theme being that Dell’s stated reason for in-person connections will not work for most teams due to the geographical distances between team members.

Bitcoin’s Total Market Capitalization Surpasses $1.4 Trillion

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The price of the flagship cryptocurrency Bitcoin has recently moved to a new all-time high near $72,000 after surging more than 70% year-to-date, in a rise that helped its total market capitalization surpass that of silver. According to data from CompaniesMarketCap, first spotted by Casa CTO and co-founder Jameson Lopp, at the time Bitcoin surpass silver its total market capitalization was $.1389 trillion, surpassing silver’s $1.382 trillion. Bitcoin’s market capitalization has since grown to now stand at $1.413 trillion. At the time of writing, Bitcoin is around $250 billion away form surpassing the total market capitalization of tech giant Alphabet, the company behind the world’s largest search engine Google, as well as the world’s largest video-sharing platform YouTube. The cryptocurrency’s total market capitalization is still far behind that of the world’s largest company by the metric, Microsoft, which currently has a total market capitalization of $3.018 trillion, and far behind