Xiaomi turns Redmi into a sub-brand

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Xiaomi’s Redmi brand is taking on a life of its own. 

The company is spinning off Redmi, which was previously a product line for the company’s mid-range phones, into a sub-brand, Android Authority reported Thursday.

Xiaomi also posted a teaser image on its website featuring the number 4,800, which indicates that the first Redmi phone will have a 48-megapixel camera — or a 4,800mAh battery. 

Xiaomi has been teasing a phone with a 48-megapixel camera for some time, so it’s quite likely that this upcoming Redmi device will have one. It’s rumored that the device will have Qualcomm’s new Snapdragon 675 chip, which fits into the Redmi profile. Redmi phones are typically mid-range devices which offer a ton of bang for the buck.  Read more…

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India’s Livspace raises $70M for its one-stop-shop for interior design

Livspace, an India-based startup that helps consumers manage home renovations and interior design, has pulled in a $70 million Series C deal that’s led by Goldman Sachs and TPG Growth. Existing investors Jungle Ventures, Bessemer Venture Partners, and Helion Ventures also took part in the round, which takes Livspace total funding to date to over $100 million. […]

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To win back consumers, big brands should invest in R&D and innovation

Ryan Caldbeck Contributor Ryan Caldbeck is the founder and chief executive of the consumer and retail investment marketplace CircleUp. More posts by this contributor What Silicon Valley tech VCs get wrong about consumer investing We are on the verge of a consumer M&A avalanche The world of consumer goods is changing. Consumer tastes are becoming […]

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Woman refuses to snitch on her new buddy: Marvin the 7-Eleven lizard

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As a tried and true Floridian, I can tell you that spotting lizards in areas where most people would not expect is typical of the great state.

Kristen Arnett can attest to this.

The Florida-based woman, spotted a lizard at a local 7-Eleven Monday and was informed by the cashier not to worry about him. And that his name is Marvin. The woman and the lizard became instant friends.

this morning at 7-eleven i saw a lizard next to the coffee maker and the cashier said “no worries that’s just marvin, he likes the smell”

— Kristen Arnett (@Kristen_Arnett) April 2, 2018 Read more…

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