TechCrunch.comTechnology Jan 12, 2017

Xiaomi stops disclosing annual sales figures as CEO admits the company grew too fast

Xiaomi has forgone its tradition of revealing how many smartphones it sold the previous year. The strategy yielded many headlines for the highly-regarded Chinese outfit, but today its CEO admitted that Xiaomi has been in transition after growing R... Read full coverage

Tags: xiaomi, stops, disclosing, annual, sales, figures, as, ceo, admits, the, company, grew, too, fast

TechCrunch.comTechnology Jan 12, 2017

Unable to fund production of its camera drone, Lily will shut down and refund customers

Lily, the autonomous camera drone that sold a whopping $34 million in preorders, has announced they are shutting down. In an email sent to customers about an hour ago, the startup says that they were unable to raise an additional round of fundin... Read full coverage

Tags: unable, to, fund, production, of, its, camera, drone, lily, will, shut, down, and, refund, customers

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