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Xiaomi on Friday, November 5 announced a new technology called the Loop LiquidCool that is says will ensure efficient cooling of smartphone processors. The heat dissipation method introduced by the Chinese smartphone giant is claimed to separate hot air and cooling liquid circulations that lower heat convention issues on mobile phones. Inspired by cooling systems
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Rivian Automotive Inc., the electric truck maker backed by Amazon.com Inc., plans to raise as much as $8.4 billion in an initial public offering that could give it a value of as much as $53 billion. Ed Ludlow reports on “Bloomberg The Open.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg Watch the latest
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Sam Altman, co-founder and chief executive officer of OpenAI Inc., speaks during TechCrunch Disrupt 2019 in San Francisco, California, on Thursday, Oct. 3, 2019. David Paul Morris | Bloomberg | Getty Images Nuclear fusion is the ephemeral holy grail of climate technology. It would provide nearly limitless amounts of clean energy without the byproduct of
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SolarWinds investors have sued the software company’s directors, alleging they knew about and failed to monitor cybersecurity risks to the company ahead of a breach that created a vulnerability in thousands of its customers’ systems. The lawsuit filed in Delaware on Thursday appears to be the first based on records shareholders demanded from the company
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According to a new report by Cyara, despite the disparity in perceived digital transformation success, 94% of respondents overall believe digital transformation will have a positive impact on customer experience, yet only 7% of respondents say they have sufficient resources and budgets to meet implementation deadlines. Furthermore, IT decision-makers believe they are 4.71 months behind
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US knowledge-sharing website Quora has kicked off preparations for an initial public offering (IPO) in early 2022, according to people familiar with the matter. Quora has in recent days held talks to hire investment bankers and lawyers for a stock market debut in New York, the sources said. The Mountain View, California-based company was valued
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According to a survey commissioned by Cyber Security Cloud Inc., 94% of respondents whose company experienced a cyberattack said it was preventable, almost 40% reported that the attack cost their company hundreds of thousands to tens of millions of dollars, and over half reported preventative cybersecurity spending to be from $100,000 to over $10 million.
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Airbnb Inc. Chief Executive Officer Brian Chesky discusses the company’s outlook and strategy. The vacation-rental giant reported record sales and earnings that beat analysts’ estimates, proving its resilience even as the delta variant of Covid-19 prompted new travel concerns and restrictions. Chesky speaks with Emily Chang on “Bloomberg Daybreak: Asia.” ——– Like this video? Subscribe to Bloomberg
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As travel industry executives tout the rapid resurgence of tourism and entertainment, the pandemic stock portfolio is getting turned upside down. Airlines stocks are rallying alongside online booking sites, ride-hailing companies and Airbnb, after earnings reports showed clear signs of a recovery in travel. At the same time, stay-at-home stocks are sagging as borders reopen
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