What is going on at Xiaomi? The Chinese mobile giant made the headlines this week in the tech world went it was made known that its top executive Hugo Barra is leaving the company “for personal reasons,” but will take the vice president for virtual reality position at Facebook.
Trusted Reviews said Barra, who is a former Google executive, was Xiaomi’s Vice President of International for the last three-and-a-half years, and had been instrumental in the Beijing company’s efforts to become a leader in the global mobile market. In his statement, Barra said he’ll be moving to Silicon Valley, and pointing to homesickness (and probably the capital’s worsening air pollution) as reasons for his decision to leave Xiaomi.
No one would have anticipated that he’ll be moving to Facebook following his resignation, (even after the fact that he published his statement on a Facebook post), but it was a shocker in the tech industry to know that Facebook CEO Mark Zuckerberg hired Barra to lead his company’s virtual reality efforts.
Recently, a spokesperson confirmed to TechCrunch that Xiaomi will be skipping the 2017 Mobile World Congress, which has been a favorite venue to launch new products. The tech site said the event was used to launch Mi5 through a press event that was live-streamed last year. In 2015, Barra took part in an on-stage interview and shared about his former company’s plans.
Moreover, Barra’s departure might probably be a signal that the company is purportedly struggling with its overgrowth, according to Xiaomi CEO Lei Jun. TechCrunch also noted that despite stellar sales figures in India, the company, for the first time, has yet to reveal their worldwide sales figures.


YouTube Agrees to Follow Australia’s New Under-16 Social Media Ban
Amazon and Google Launch New Multicloud Networking Service to Boost High-Speed Cloud Connectivity
Morgan Stanley Boosts Nvidia and Broadcom Targets as AI Demand Surges
EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp
Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature
Banks Consider $38 Billion Funding Boost for Oracle, Vantage, and OpenAI Expansion
Samsung Launches Galaxy Z TriFold to Elevate Its Position in the Foldable Smartphone Market
Coupang Apologizes After Massive Data Breach Affecting 33.7 Million Users
Intel Boosts Malaysia Operations with Additional RM860 Million Investment
Baidu Cuts Jobs as AI Competition and Ad Revenue Slump Intensify
Trump Administration to Secure Equity Stake in Pat Gelsinger’s XLight Startup
Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman
Apple Alerts EU Regulators That Apple Ads and Maps Meet DMA Gatekeeper Thresholds
Australia Releases New National AI Plan, Opts for Existing Laws to Manage Risks
ByteDance Unveils New AI Voice Assistant for ZTE Smartphones
Apple Appoints Amar Subramanya as New Vice President of AI Amid Push to Accelerate Innovation
OpenAI Moves to Acquire Neptune as It Expands AI Training Capabilities 



