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Week In Review: Auto, Security, Pervasive Computing


Automotive Chinese smartphone maker Xiaomi registered its electric vehicle (EV) business (Xiaomi EV) with an initial investment of RMB $10 billion (USD$1.5B). Xiaomi plans to invest USD $10 billion in Xiaomi EV over 10 years, under the leadership of Lei Jun, the founder of Xiaomi.  Currently, Xiaomi EV has approximately 300 employees. Xiaomi also acquired autonomous driving technology company... » read more