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How Xiaomi succeeded where Apple failed – East Bay Times

(Bloomberg) — Lei Jun, founder and chairman of Xiaomi Corp., the only tech company to have successfully diversified into carmaking, couldn’t resist. Speaking at a triumphant launch event in Beijing late last month for Xiaomi’s second electric vehicle, a long-anticipated SUV, Lei pointedly mentioned Apple Inc., which spent a decade and $10 billion trying to […]

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(Bloomberg) — Lei Jun, founder and chairman of Xiaomi Corp., the only tech company to have successfully diversified into carmaking, couldn’t resist.

Speaking at a triumphant launch event in Beijing late last month for Xiaomi’s second electric vehicle, a long-anticipated SUV, Lei pointedly mentioned Apple Inc., which spent a decade and $10 billion trying to make a car before giving up last year.

“Since Apple stopped developing its car, we’ve given special care to Apple users,” he said, noting that owners of the American giant’s iPhones would be able to seamlessly sync their devices to Xiaomi’s vehicles.

The not-so-subtle dig was followed by a flex: Xiaomi then said it had received more than 289,000 orders for its new sport utility vehicle within an hour of its announcement, more than its first EV, a sedan launched in March 2024.

Xiaomi succeeding where Apple failed has burnished Lei’s reputation, made his company one of the most valuable in China and shaken up both the tech and automobile industries.



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Maxim Group Downgrades Intchains Group to $7.5 PT, Keeps Buy Rating

Maxim Group analyst Matthew Galinko has lowered the price target on Intchains Group Limited (NASDAQ:ICG) from $8 to $7.5, while maintaining a Buy rating. The analyst noted that the company’s growth potential remains strong despite near-term challenges, driven by robust sales of its new Aleo mining machines. Galinko also highlighted the company’s strategic moves, including […]

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Maxim Group analyst Matthew Galinko has lowered the price target on Intchains Group Limited (NASDAQ:ICG) from $8 to $7.5, while maintaining a Buy rating. The analyst noted that the company’s growth potential remains strong despite near-term challenges, driven by robust sales of its new Aleo mining machines. Galinko also highlighted the company’s strategic moves, including the launch of the Goldshell Byte mining machine, positioning it to capitalize on emerging opportunities in digital asset mining.

Ethereum (ETH) has seen a significant increase in its treasuries held by public companies, with notable strategic moves and expansions in holdings. According to CryptoSlate [1], the number of entities holding Ethereum jumped from 40 in June to 58 as of July 22, with 10 public-listed companies holding approximately $3.2 billion worth of ETH, equivalent to 865,265 ETH.

GameSquare Holdings purchased 8,351.89 ETH in July 2021, investing $30 million and increasing its holdings to 10,170.74 ETH [1]. Similarly, BTCS announced it holds 55,788 ETH, acquired at an average price of $2,846, with its treasury sitting above $206 million [1]. SharpLink, with Ethereum co-founder Joseph Lubin on its executive board, purchased 79,949 ETH, increasing its holdings to 360,807 ETH, valued at approximately $1.3 billion [1]. These companies are part of a growing trend where public companies are treating Ethereum as a strategic asset.

Coinbase Global, a cryptocurrency exchange and institutional custodian, holds 137,300 ETH, with its ETH usage deeply operational [2]. Bit Digital, which swapped its entire 280 Bitcoin treasury for Ethereum earlier this month, expanded its holdings to 120,306 ETH [2]. BitMine Immersion, a former Bitcoin miner, now leads with the largest declared ETH treasury of 566,776 ETH, aiming to become a dominant validator node operator [2].

The strategic moves by these companies reflect growing confidence in Ethereum’s proof-of-stake system (PoS), its role in decentralized finance (DeFi), and its smart contract infrastructure. This trend is not limited to crypto-native firms but spans industries, including sports tech, gaming, and infrastructure providers [2].

References:
[1] https://cryptoslate.com/public-companies-now-hold-3-2b-worth-of-ethereum-swelling-past-865000-eth/
[2] https://www.ccn.com/education/crypto/ethereum-public-companies-treasury/

Maxim Group Downgrades Intchains Group to $7.5 PT, Keeps Buy Rating



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The mole clinic enhances provision with new mole mapping technology

The MOLE Clinic, the UK’s only private clinic group dedicated to skin cancer screening, has introduced pioneering new mole mapping technology across its specialist clinics in collaboration with FotoFinder, the worldwide brand for medical skin imaging systems. Supporting early skin cancer detection, reducing the need for unnecessary biopsies and providing peace of mind through proactive […]

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The MOLE Clinic, the UK’s only private clinic group dedicated to skin cancer screening, has introduced pioneering new mole mapping technology across its specialist clinics in collaboration with FotoFinder, the worldwide brand for medical skin imaging systems.

Supporting early skin cancer detection, reducing the need for unnecessary biopsies and providing peace of mind through proactive monitoring, The MOLE Clinic has strengthened its services with the integration of the latest AI-powered technology. The investment in the cutting-edge ATBM Master 4th Generation, enhances the group’s ability to detect new or changing moles over time, capturing and monitoring the exact size, shape and colour of every mole on each patient’s body.

The new, state-of-the-art technology combines high-resolution, polarised and RAW-processed photos with advanced image processing to enable skin lesions to be seen in impeccable detail in the clinical image. The Body Scan Master filters moles from all total body images and organises them intelligently on one screen, sorted by localisation or category – new, changed and unchanged. With a mosaic view, any atypical lesions can be easily and efficiently identified.

Leveraging an advanced MoleGallery, The MOLE Clinic’s specialist screening nurses can see at a glance the patient’s complete mole history, providing a faster evaluation of lesion evolution and allowing the detection of skin changes in the earliest possible way.

Victoria Jupp, Chief Operating Officer at The MOLE Clinic explains;

As we champion the importance of early skin cancer detection, we are delighted to introduce FotoFinder’s pioneering mole mapping technology across our nationwide group of clinics. Investing in high-quality, innovative screening services and embracing this new technology will significantly support us in our mission to help lower the skin cancer mortality rate in the UK by detecting skin cancers early.”

Andreas Mayer, CEO, FotoFinder added:

“As a growing corporate group with over 30 years of experience, we are shaping the future of digital skin diagnostics around the world – especially in the early detection of skin cancer using AI. Our collaboration with The MOLE Clinic is a perfect example of how we bring state-of-the-art mole mapping and AI-supported screening to more patients, supporting early detection and peace of mind.

“Our systems support doctors in more than 100 countries with cutting-edge imaging technology for skin, hair and aesthetics. We make the invisible visible – to sharpen diagnoses, support therapies, and strengthen trust.”

For 21 years, The MOLE Clinic has been supporting its patients with early detection of skin cancer and mole removal, with over 35,000 people every year visiting its clinics in London 4 locations: Harley Street, Oxford Circus (2 clinics) and Moorgate), Manchester, Bristol, Edinburgh and Glasgow.

The brand’s mission is to help lower the UK skin cancer mortality rate by detecting skin cancer early. This is achieved by developing innovative, highest quality screening services and making those services widely available and easily accessible to the UK public and NHS GPs.

The MOLE Clinic is Bupa and AXA PPP recognised, approved by Alliance Surgical & VitalityHealth, approved NHS Suppliers, and Care Quality Commission Regulated.

More information on The MOLE Clinic can be found at https://www.themoleclinic.co.uk/



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AP Technology SummaryBrief at 8:08 a.m. EDT | National News

Creating realistic deepfakes is getting easier than ever. Fighting back may take even more AI WASHINGTON (AP) — The use of deepfakes to impersonate high-level officials in the U.S. presents a growing security challenge. Deepfakes also disrupt corporate boardrooms and family living rooms. Advances in artificial intelligence mean it’s easier and cheaper than ever before […]

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Creating realistic deepfakes is getting easier than ever. Fighting back may take even more AI

WASHINGTON (AP) — The use of deepfakes to impersonate high-level officials in the U.S. presents a growing security challenge. Deepfakes also disrupt corporate boardrooms and family living rooms. Advances in artificial intelligence mean it’s easier and cheaper than ever before to create lifelike audio and video. These deepfakes can be used for gaining access to sensitive systems, for committing corporate espionage and for stealing national security secrets. But the size and scope of the problem are also prompting research into the best ways to counter it. Tech companies say new programs will help governments, businesses and everyday people detect deepfakes and ensure the people they see on the screen are who they say they are.

Temu accused by EU regulators of failing to prevent sale of illegal products

LONDON (AP) — Chinese online retailer is being accused by European Union regulators of breaching the bloc’s digital rules by failing to stop the sale of illegal products. The preliminary findings released Monday follow an investigation under the bloc’s Digital Services Act, which requires online platforms to keep users safe. The European Commission said a “mystery shopping exercise” found non-compliant products on Temu, including baby toys and small electronics. Temu stated it will cooperate with the Commission. The company has the chance to respond before a final decision. Violations could lead to fines up to 6% of a company’s annual global revenue.

Allianz Life confirms data breach affecting majority of 1.4M US customers

MINNEAPOLIS (AP) — Hackers have accessed the personal data of most of the 1.4 million customers of Allianz Life Insurance Company of North America. The company confirmed the breach on Saturday. Allianz Life, based in Minneapolis, said the breach occurred on July 16. It says a “malicious threat actor” accessed a third-party, cloud-based system, but not its own systems. The company has notified the FBI and is reaching out to affected individuals. Allianz Life is a subsidiary of the Munich, Germany-based global financial services group Allianz SE. It says the incident involves only Allianz Life in the U.S., not other Allianz corporate entities.

The Tea app was intended to help women date safely. Then it got hacked

A provocative dating app designed to let women anonymously ask or warn each other about men they’d encountered rocketed to the top spot on the U.S. Apple App Store last week. Then, on Friday, the company that runs Tea confirmed it had been hacked: Thousands of images from the app, including selfies, were leaked online.  San Francisco-based Tea Dating Advice Inc. said in a statement that the breach only affected users who signed up before February 2024. The app and the hack highlight the fraught nature of seeking romance in the age of social media. Some men have alleged defamation and invasion of privacy after their names were posted on date-vetting sites.

Intel cuts back spending, workforce as struggling chip maker mounts comeback

Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the struggling chipmaker’s fortunes. In a memo to employees, CEO Lip-Bu Tan said Intel plans to end the year with 75,000 “core” workers. That’s down from 99,500 employees at the end of last year, through layoffs and attrition. The company previously announced a 15% workforce reduction. Intel helped launch Silicon Valley but has fallen behind rivals like Nvidia Corp.

Russian parliament approves a bill punishing online searches for information deemed ‘extremist’

MOSCOW (AP) — The Russian parliament’s upper house has quickly approved a bill that punishes online searches for information officially deemed “extremist.” It’s the latest in a series of moves by authorities to tighten control of the internet. The legislation makes what it describes as “deliberately searching for and accessing extremist materials” online punishable by a fine of up to the equivalent of $64. The bill was endorsed by the lower house earlier this week. It is now set to be signed into law by President Vladimir Putin. The official definition of extremist activity is extremely broad and includes opposition groups and the “international LGBT movement.”

Tea, an app for women to safely talk about men they date, has been breached, user IDs exposed

Tea, an app designed to let women safely discuss men they date has been breached, with thousands of selfies and photo IDs of users exposed, the company confirmed on Friday. Tea said that about 72,000 images were leaked online, including 13,000 images of selfies or selfies featuring a photo identification that users submitted during account verification. Another 59,000 images publicly viewable in the app from posts, comments and direct messages were also accessed without authorization, according to a Tea spokesperson.

Trump’s AI plan calls for massive data centers. Here’s how it may affect energy in the US

President Donald Trump’s plan to boost artificial intelligence and build data centers across the U.S. could speed up a building boom that was already expected to strain the nation’s ability to power it. The White House released the “AI Action Plan” Wednesday supporting AI and vowing to expedite construction of energy-intensive data centers. It’s looking to make the country a leader in a business that tech companies and others are pouring billions of dollars into. This could ultimately impact energy bills.

Meta will cease political ads in European Union by fall, blaming bloc’s new rules

LONDON (AP) — Meta has announced it will stop all political advertising in the European Union by October. The decision comes in response to new EU rules aimed at increasing transparency in election campaigns. Meta says the regulations create significant operational challenges and legal uncertainties. Starting in early October, Meta will no longer allow ads for political, electoral, and social issues on its platforms, including Facebook, Instagram, and Threads. Google made a similar move last year. The EU rules, effective Oct. 10, require platforms to label political ads and disclose their funding sources. Violations could result in hefty fines.

Trump’s order to block ‘woke’ AI in government encourages tech giants to censor their chatbots

Tech companies selling AI to the federal government now face a new challenge: proving their chatbots aren’t “woke.” President Donald Trump’s plan to counter China’s AI dominance includes an executive order to prevent “woke AI” in the federal government. Major AI providers like Google and Microsoft have not commented on the directive. Critics argue the order forces tech companies into a culture war. The order’s impact on AI development and compliance remains uncertain, with some seeing it as a soft but coercive measure.

Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.



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Fitbit Charge 6 gets new watch faces, offers more data at a glance

Kaitlyn Cimino / Android Authority TL;DR An update brings new clock faces to the Fitbit Charge 6 These clock faces are called Axira, Geometric, and Momentum. The update also expands compatibility between the Charge 6 and exercise machines. If you own a Fitbit Charge 6, get ready for a little surprise today. The fitness tracker […]

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A Fitbit Charge 6 displays its watch face.

Kaitlyn Cimino / Android Authority

TL;DR

  • An update brings new clock faces to the Fitbit Charge 6
  • These clock faces are called Axira, Geometric, and Momentum.
  • The update also expands compatibility between the Charge 6 and exercise machines.

If you own a Fitbit Charge 6, get ready for a little surprise today. The fitness tracker is getting an update that will introduce new watch faces and expand compatibility. An update is also coming for the Inspire 3, Sense 2, and Versa 4.

On its community blog, the Fitbit team announced that the Fitbit Charge 6 is getting three new watch faces. The first of the three is called Axira, which is an analog clock that also shows the date at the top and your heart rate at the bottom. Geometric is a two-line clock with your heart rate at the top and your number of steps at the bottom. Finally, Momentum shows a variety of stats at a glance, including your steps, distance, heart rate, more.

New Fitbit clock faces

According to Fitbit, these watch faces were designed to provide quick access to key health and fitness metrics. In addition to new watch faces, this update will also expand compatibility between the Charge 6 and exercise machines. As the company states, this expanded compatibility will allow “you to connect to a wider variety of equipment and see your real-time heart rate on display during your home or gym workouts.”

In Google’s support document, it lists the following equipment and apps as compatible with the Charge 6:

  • Peloton Bikes, Treads, and Rows
  • iFit (NordicTrack)
  • Concept 2
  • Tonal
  • Hydrow and Hydrow Wave
  • Spinning bikes and mobile app
  • Echelon
  • Strava

Google notes that other machines and apps that aren’t listed may work, “but not all Bluetooth-compatible devices and apps will connect or behave similarly.” It also mentions that Garmin, Life Fitness, and TechnoGym are known to not be compatible.

For Inspire 3, Sense 2, and Versa 4 owners, an update is coming for these devices as well. However, the update will only include general bug fixes and improvements.

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PureWager Group, LLC and SCCG Management Form Strategic Partnership to Launch Vertically Integrated Gaming Platform

LAS VEGAS, July 28, 2025 (GLOBE NEWSWIRE) — PureWager Group, LLC, an emerging leader in next-generation sports betting technology, has entered into a strategic partnership with SCCG Management, a premier global advisory firm in the gaming industry. Backed by 22 X Ventures, this collaboration forms a vertically integrated gaming collective from day one—merging PureWager’s innovative […]

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LAS VEGAS, July 28, 2025 (GLOBE NEWSWIRE) — PureWager Group, LLC, an emerging leader in next-generation sports betting technology, has entered into a strategic partnership with SCCG Management, a premier global advisory firm in the gaming industry. Backed by 22 X Ventures, this collaboration forms a vertically integrated gaming collective from day one—merging PureWager’s innovative platform with SCCG’s global footprint, regulatory insights, and commercialization expertise.

Founded by gaming veterans Wayne Stevenson and Elliott Banks, PureWager is building a state-of-the-art platform that incorporates real-time fan engagement, AI-driven personalization, and advanced gamification. With the support of 22 X Ventures and this newly formed alliance with SCCG, PureWager is well-positioned to redefine the U.S. online sports betting landscape.

Stephen A. Crystal, Founder and CEO of SCCG Management, brings more than 30 years of experience in gaming, leading over $3 billion in capital projects, M&A, and tech innovation. He has been instrumental in shaping the tribal gaming ecosystem, pioneering iGaming strategies, and scaling sports betting infrastructure worldwide.

“Partnering with PureWager aligns perfectly with our mission to accelerate gaming innovation,” said Stephen A. Crystal, CEO of SCCG Management. “Their approach to engagement, combined with our global operational capabilities, creates an immediate force multiplier as we bring this platform to market.”

22 X Ventures, a private equity firm investing in disruptive and mission-aligned companies, made a strategic investment in PureWager earlier this year. Their involvement has helped catalyze development milestones and secure strategic partnerships critical to PureWager’s national rollout.

“This partnership immediately establishes PureWager as a serious contender,” said Minh Le, Managing Partner at 22 X Ventures. “With SCCG’s advisory leadership and PureWager’s bold product vision, we’re creating something the industry hasn’t seen before—a vertically integrated solution built for scale and community impact.”

This three-way collaboration between PureWager, SCCG, and 22 X Ventures enables a full-stack go-to-market launch strategy with operational readiness, regulatory support, and commercial distribution channels across regulated and sovereign jurisdictions in the United States.

About 22 X Ventures

22 X Ventures is a private equity firm investing in transformative companies that align with its mission to create sustainable value across industries and communities. The firm focuses on growth-stage companies with high disruption potential and clear market advantages. Learn more www.22xventures.com.

About PureWager Group, LLC

PureWager Group, LLC is a gaming technology company reimagining the sports betting experience through real-time interaction, personalized engagement, and responsible innovation. Co-founded by Wayne Stevenson and Elliott Banks, the company is preparing for a national rollout of its proprietary platform in regulated and sovereign markets across the United States.

About SCCG Management

SCCG Management is a global leader in gaming advisory and business development with offices across six continents. The firm supports over 120 clients in gaming, sports betting, esports, and entertainment, specializing in tribal gaming, licensing strategy, strategic partnerships, and investment banking. Learn more https://sccgmanagement.com.

Media Contact:

Minh Le
Public Relations Manager
22 X Ventures & PureWager Group
Email: info@22capitalpartners.com
Phone: 703-629-1131




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Sports Market Report 2025 – Strategic Insights for Companies Seeking Expansion, Growth & Competitive Advantage – NORTHEAST

What Major Players Are Fueling This Growth?Key organizations operating within the sports market include Liberty Media Corporation, Life Time Group Hldgs, Futbol Club Barcelona, Dallas Cowboys, Manchester City F.C., and Real Madrid C.F., to name a few. These players, along with many others, contribute significantly to the market’s growth and evolution. Link 0

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What Major Players Are Fueling This Growth?
Key organizations operating within the sports market include Liberty Media Corporation, Life Time Group Hldgs, Futbol Club Barcelona, Dallas Cowboys, Manchester City F.C., and Real Madrid C.F., to name a few. These players, along with many others, contribute significantly to the market’s growth and evolution.



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