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All Premium Xiaomi Smartphones in 2020 Will Feature 5G Support: CEO Lei Jun

“As per Jun (reported first by CNMO China), all Xiaomi smartphones to be launched next year, which cost CNY 2,000 (approximately INR 20,000) or above will feature 5G connectivity” writes Shomik Sen Bhattacharjee for mashable.com. SEE ALSO: Xiaomi Will Launch More Than 10 5G Smartphones Next Year: CEO Lei Jun The Xiaomi CEO’s latest announcement comes a month after he originally revealed Xiaomi’s plans to launch at least 10 5G smartphones next year, including the Redmi K30, an iterative update over this year’s Redmi K20.India may not be ready yet…

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T-Mobile names Mike Sievert as CEO effective May 1, 2020, replacing John Legere

“TMUS, +1.60% said Monday it has named Mike Sievert, its current chief operating officer, as chief executive effective May 1, 2020” writes Ciara Linnane for marketwatch.com. The Wall Street Journal said last week that the executive was in talks to become the CEO of troubled office-sharing company WeWork, citing people familiar with the discussions. Source: marketwatch.com

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ByteDance CEO urges TikTok diversification as U.S. pressure mounts: internal note

“In his brief note, Zhang also made mention of the company’s other apps, such as the Chinese version of TikTok, Douyin, and Chinese news aggregator Jinri Toutiao” writes Midwest Communications Inc for 95kqds.com. BEIJING (Reuters) – The founder and CEO of TikTok owner ByteDance will focus on adding users of the popular video app in countries outside of its strongest markets, according to an internal staff note seen by Reuters, as it faces political pressure in the United States. Source: 95kqds.com

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Salesforce’s CMO explains why companies need to be ‘values-driven’ in order to keep their customers

“And the reality is…people are saying, look at, we will switch brands if we don’t believe in the core values of the company,” Buscemi said” writes Paayal Zaveri for businessinsider.com. That outspokenness has translated into a business strategy for Salesforce, which has grown into a $143 billion cloud software company. Source: businessinsider.com

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Inside the chaotic aftermath of the McDonald’s CEO’s shocking termination and his replacement’s quest to win over workers

“According to another McDonald’s employee, Kempczinski emphasized that he had respect for everyone on his team” writes Kate Taylor for businessinsider.com. In conversations with ten current and former McDonald’s corporate employees and franchisees, insiders repeatedly emphasized shock over Easterbrook’s termination.Less than 24 hours later, McDonald’s employees were hit with news of another sudden departure.Current and former McDonald’s corporate staffers said that the identity of the woman with whom Easterbrook was involved remains unknown internally. Source: businessinsider.com

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NRA tax filing: Embattled CEO earned about $2 mil last year

“The tax filings come as the NRA faces investigations in New York and Washington, D.C., that threaten its nonprofit status” writes The Associated Press for seattletimes.com. The tax filings were not yet publicly available, but news reports in The Wall Street Journal and The Washington Post cited the documents.According to the filings, known as 990s, longtime NRA CEO Wayne LaPierre’s total compensation rose to more than $2 million.The latest tax filing shows that the NRA ended 2018 with a $2.7 million shortfall.The National Rifle Association’s embattled top executive earned about…

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T-Mobile CEO John Legere reportedly has no plans to leave the company and take over WeWork after all

“T-Mobile CEO John Legere will not be leading the troubled office space company WeWork after all, a new report says” writes Bani Sapra for businessinsider.com. Earlier this week, the Wall Street Journal reported that parent firm The We Company, which has been beset with a series of problems since its aborted IPO, was in talks with the famously eccentric T-Mobile CEO to fill the role of CEO. But there are several candidates in the mix, and Legere — who is leading T-Mobile’s proposed takeover of Sprint — has no plans…

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Dispensed: Breaking down the Google-Ascension drama, the challenges a public Walgreens faces, and insiders’ concerns about a SoftBank-backed farming company

“It’s more that tech companies are increasingly going to have a hand in what’s going on with our health data” writes Lydia Ramsey for businessinsider.com. On Monday afternoon, The Wall Street Journal broke the news that Ascension, the second-largest health system in the US is working with Google. Source: businessinsider.com

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Google is scaling back its weekly all-hands meetings after leaks, Sundar Pichai tells staff

“Of course, we still need some company-wide moments to share product and business strategy, celebrate great work, learn from our failures, and ask tough questions” writes Colin Lecher for theverge.com. But faced with an ongoing parade of leaks, Google is cutting the meetings back to once a month and shifting the focus away from employees’ political concerns.In the past, TGIF has been a place for employees to bring concerns to management and to discuss broader issues.Google’s weekly town halls, internally known as “TGIF” meetings, have been emblematic of the company’s…

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