Amid slowing growth in China’s smartphone market, global powerhouse wannabe Xiaomi has launched an online store selling wireless accessories in the U.S., U.K., France and Germany. Apple (AAPL) in Q1 overtook Xiaomi on its home turf. The new Xiaomi website does not yet sell mobile phones to U.S. customers. Initial offerings include headphones, a fitness tracker and power supplies, including iPhone compatible products. Xiaomi slipped to No. 2 in
Buyout talks between Intel (INTC) and Altera (ALTR) were reportedly renewed after a deal couldn’t be reached in April. Intel could pay $13 billion for Altera as it looks to diversify its chip operations amid waning consumer demand for personal computers, according to the New York Post. Intel makes chips for PCs while Altera makes programmable chips for consumer electronics, cars and other devices. Intel shares were nearly flat in premarket trading
With 33,000 attendees, 700 speakers and nearly 500 sessions, the RSA Conference on cybersecurity brought together a “who’s who” of industry experts discussing vulnerabilities and defenses. It’s nearly a month since the April 20-24 gathering in San Francisco, which is organized by EMC’s (EMC) security business RSA. RSA President Amit Yoran, in his keynote, challenged an industry “living in the Dark Ages” and clinging to outmoded world views, tools