China's Xiaomi To Boost AI, 5G With Five-Year $5B Infusion

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China's Xiaomi To Boost AI, 5G With Five-Year $5B Infusion

Chinese smartphone firm Xiaomi is planning to pump over Â¥50 billion ($7.18 billion) into artificial intelligence (AI) and 5G technologies over the next five years, Reuters reported on Thursday (Jan. 2). The announcement was made by Xiaomi Chief Executive …
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'Best of Bloomberg Daybreak: Middle East' Full Show (1/20/2020)

Highlights the week's most important business and financial issues shaping global markets, with a focus on the Middle East. It's the best of
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KPMG, PwC, EY To Put $9B Toward AI, Data Tech

The largest accounting firms – EY, Deloitte, KPMG and PwC – are investing billions of dollars in artificial intelligence (AI) and data technology products
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Credit growth slows to 6.7% in 2019 on consumption slowdown

Mumbai: At 6.7 per cent, Indian banks last year expanded their loan books at the second slowest pace in the previous decade as several pockets of the consumption economy endured a marked slowdown for the great part of the past 12 months. Furthermore …
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California Rolls Out Strongest Data Privacy Law in US

On January 1st, California rolled out the strongest data privacy law in the United States: the California Consumer Privacy Act (CCPA). Never heard of it? You’re in good company. An NBC 7 news crew approached 15 shoppers at random outside a Walmart in …
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