China's Xiaomi cuts valuation to US$55 billion-US$70 billion: sources
Chinese smartphone maker Xiaomi has lowered its likely valuation to between US$55 billion and US$70 billion following its decision to delay its mainland share offering until after its Hong Kong IPO, three sources with direct knowledge of the matter said.
KUALA LUMPUR (Sept 26): Rosmah Mansor, the wife of former Malaysian prime minister Najib Razak, arrived on Wednesday at the country's anti-graft agency for a second round of questioning over a corruption probe at state fund 1MDB.
Her questioning comes amid indications that more charges could be filed in the investigation into how billions of dollars went missing from 1Malaysia Development Berhad (1MDB).
Delta Air Lines has resolved a tech issue that stopped its planes from taking off from U.S. airports on Tuesday. But it's advising Delta customers flying on Wednesday to check the status of their flight before leaving home.
The post Delta tech issue grounds planes, tells travelers to check Wednesday flights appeared first on Digital Trends.
Also, Singapore introduces QR-code system for bike-sharing and ButlerInSuits wins pitching competition Instagram Co-founders Kevin Systrom and Mike Krieger leave company — [New York Times] The duo that started Instagram, Kevin Systrom and Mike Krieger, have resigned from the company and will no longer be involved after a few weeks, according to the New York […]
The post Today’s top tech news, September 25: Instagram Founders resign, OYO raises a billion appeared first on e27.