Xiaomi hard at work creating own bendable smartphone

It’s been out for a while that phone manufacturers Lenovo, LG and Samsung are working on creating bendable mobile phones. It seems that Xiaomi is not one to be left behind as reports emerge that the company is hard at work on its own version of a bendable smartphone.

A few prototypes from the other manufacturers have already made their rounds at floor shows. Xiaomi’s device made its public debut over the internet through a 30-second video posted last week, reports The Verge.

The video, courtesy of Gizmodo China, did not show the phone being bent but rather a bent screen that’s very responsive to touch. The person doing the brief presentation navigated what appears to be an Android interface, showing that a bendable phone would not feel any different from a standard smartphone with a solid touchscreen.

No word has been released yet with regards to the phone’s specifications or release date, but it would seem that the next battlefield for smartphones has been decided.  Alfred Bayle

source: technology.inquirer.net

Verizon to acquire Yahoo core assets for $4.8 billion

Verizon will soon be announcing its acquisition of Yahoo’s core assets for a mere $4.8 billion, a sad amount that the iconic company, once valued at $125 billion, is happy to settle for.

The sale only covers Yahoo’s core assets, which means the company will retain its stake in Alibaba and Yahoo Japan Corp., which is still estimated by Bloomberg to be worth $40 billion, reports Gizmodo.

Yahoo has a had a long history of missed opportunities that may have contributed to its current predicament. Back in 1997, it turned down the chance to buy Google, now valued at $530 billion, for a mere $1 billion and again in 2002.

It also passed up on buying Facebook for yet another $1 billion back in 2006. Facebook is now valued at $350 billion.

Current CEO Marissa Mayer, who took seat in 2012, was also unable to stop the corrosion that had eaten away at the company. During her time, Yahoo acquired 53 different companies of which 41 were eventually shut down.

Mayer is now expected to resign but is said to be taking home a very hefty severance pay of $57 million.  Alfred Bayle

source: technology.inquirer.net