China’s Xiaomi Triples Phone Sales, Lifts Revenue to $12 Billion

Xiaomi Corp., whose investors include billionaire Yuri Milner, more than doubled its revenue in 2014, according to a blog posting by Chief Executive Officer Lei Jun, Bloomberg said. The Beijing-based More...

Billionaire Yuri Milner Estimates $100 Billion Valuation for Smartphone Vendor Xiaomi

– Xiaomi Corp.’s valuation could more than double to $100 billion, spurred by its latest financing round, according to investor Yuri Milner, Bloomberg said. China’s largest smartphone vendor More...

Aron Ain’s Kronos Corp Sells $750 Million In Stock To Blackstone Group and Singapore’s Government Investment Corp

–  (L-R) Mark and Aron Ain / Kronos – Last week human resources software and services company Kronos Incorporated announced a recapitalization under which private equity companies have agreed to More...