The reason two tech whizzes rejoined Reddit after selling it at age 23

Alexis Ohanian and Steve Huffman sold Reddit to Condé Nast when they were 23. Then both — in stages — came back to the company. Why? According to Ohanian, because of a single and rare thing that was happening at Reddit and almost never happens in the technology industry.

“In spite of us being gone for half a decade, the company had not really changed,” Ohanian told CNBC from the Net/Net event on Tuesday. “It kept growing. That’s rare. In any industry, lack of innovation will hurt you. In tech it almost guarantees it will kill you,” he said. “We saw something in Reddit in the half decade we were gone. … The site was not changing, but it kept growing. Growing despite not changing,” Ohanian said.

(Ohanian came back as executive chairman of Reddit in 2014, and Huffman returned as CEO in July 2015.)

There was something else, too. The Reddit co-founders were young. Even if they did enough right to put the site in a position to grow without constant change, they were wrong to sell in the first place, Ohanian conceded. “We had the chance of a lifetime to come back to a company we sold too early, frankly. We were 23 — we didn’t know any better,” he said.

The two Reddit co-founders originally met each other on move-in day at the University of Virginia. Reddit now has 250 million active users, or a population of commentators that is larger than the population of Brazil.

Alexis Ohanian

Michael Nagle | Bloomberg | Getty Images
Alexis Ohanian

“We saw something in Reddit in the half decade we were gone. … The site was not changing, but it kept growing. Growing despite not changing.”-Alexis Ohanian, executive chairman of Reddit

Ohanian shared with CNBC some additional thoughts on managing Reddit’s growth and its goal of getting to Facebook’s 1 billion monthly active-user mark.

1. Any web business that has success must prepare to defend itself from hacks — while doing everything else to roll out product improvements and new platforms.

Reddit was among the U.S. websites hit by the distributed denial-of-service (DDoS) hack last week. For 30 minutes Reddit users had trouble accessing the service or couldn’t access it at the speed they expected. Ohanian said cybersecurity is a cost that any successful website needs to address. “When you’re the eighth in the United States in web traffic, you’re going to be a target,” Ohanian said.

A “meaningful portion” of investment being made by Reddit is in security, but Ohanian said that there are “no shortage of things to be working on.”

Nevertheless, speaking to CNBC from the Net/Net conference later on Tuesday, Adam Segal, director of the digital and cyberspace policy program at the Council on Foreign Relations, said there is not enough investment in security from the companies creating technology products. “We knew this kind of attack would come. If you link something to the Internet it is vulnerable … all these DVRs and cameras linked to the Internet. … and on the defensive side, companies are not spending enough,” Segal said. He added that there is also a “massive vulnerability” created by centralizing control of the Internet through companies like Dyn, which suffered the DDoS attack last week. Companies have been focused on “keeping people out, not on resilience,” he said.

“What happens if the system goes down,” Segal asked. “How much business continuity do you have in place?”

In terms of core services, Reddit has been focused on mobile desktop, mobile web and new apps for iOS and Android. Ohanian said those apps “took us a while.”

“Security is part of it. It has to be factored in,” Ohanian said. “There is a broad spectrum of things any modern tech company needs to work. It’s an important part especially for us, given Reddit’s influence in public opinion and getting people informed.”

Ohanian said Reddit has shipped more code and product improvements in the past year than in the past half decade.

2. Reddit is not as conspiratorial or controversial as you’ve been led to believe.

Ohanian said that with a content platform that has a quarter-billion monthly active users, there are lots of discussions happening on Reddit he may not personally agree with. Reddit has established a content policy in the past year laying out “the rules of the road.” It has also added a safety and trust team to flag users violating the new guidelines and “put them in time out” or ban them, he said.

But Ohanian said all the talk about conspiratorial and controversial content on Reddit isn’t supported by the data. Only 0.02 percent of the content produced by its 250 million users gets reported by users as being problematic.


Here’s what consumers might get out of a combined AT&T-Time Warner

AT&T President and CEO Randall Stephenson.

AT&T President and CEO Randall Stephenson.

Getty Images
AT&T President and CEO Randall Stephenson.

AT&T’s massive $85 billion deal to acquire Time Warner has generated plenty of attention in the press, and it will have to weather a lot of scrutiny from federal regulators before it becomes official. Many have compared the deal to Comcast’s acquisition of NBCUniversal, a deal which seems to have been good for the financial health of both companies, but has produced little of note for consumers. That’s led to speculation that this deal is a vanity project for telecom executives, a way to diversify the business that doesn’t actually have any meaningful synergies to exploit.

More from The Verge:
Black Mirror’s third season opens with a vicious take on social media
Microsoft’s Surface PC event: what to expect
Look at this goddamn chart

But there is one very clear opportunity for these two companies to work together: building a streaming video service that offers an alternative to traditional cable packages. In an interview Sunday AT&T CEO Randall Stephenson highlighted Time Warner, with it’s rich collection of film and television, as the perfect partner for a streaming effort. “If you were ever going to do something like this, this is the content you’d like to use as an anchor tenant.”

“Bye bye cable cord”

AT&T has a presence in the market for traditional pay TV through its U-verse business and its recent acquisition of Direct TV. But it has a much bigger business selling mobile service, claiming in a press release about the deal that its mobile network “covers more than 315 million people in the United States.” It knows that consumers are increasingly cutting the cord and buying streaming services a la carte. So just as HBO went direct to consumer with HBO Now, AT&T is preparing a streaming package dubbed DirecTV Now, a slimmed-down version of the traditional bundle of channels you would find on cable, made accessible to any screen with an internet connection.

Potential pros for consumers

It’s easy to imagine a couple ways this offering could be made attractive to consumers. By buying Time Warner, AT&T might effectively subsidize the cost of a more robust streaming package. For consumers, that would mean that instead of paying $14.99 a month for HBO Now or about $16 a month for NBA League Pass, they might get HBO, basketball from TNT, news from CNN, and a library of films from Warner Bros. for a single monthly fee.

“Ad-supported HBO?”

AT&T could push things further by packaging this streaming bundle with its mobile service, offering its skinny bundle at a discount to anyone who uses AT&T as their mobile carrier. Finally, AT&T has also hinted it may find ways to use advertising to bring Time Warner’s content to people in new ways. “Owning content will help AT&T innovate on new advertising options, which, combined with subscriptions, will help pay for the cost of content creation. This two-sided business model — advertising and subscription-based — gives customers the largest amount of premium content at the best value,” the company wrote in its press release about the deal.

Whether any of the products AT&T produces will actually resonate with consumers remains to be seen. So far the company doesn’t have much of a track record creating consumer-facing apps and services, at least not polished experiences on par with a Netflix, Hulu, or HBO Now. But again, if consumers who previously couldn’t afford HBO can now access it on their mobile devices at reduced cost thanks to advertising, it’s easy to imagine a big group of users who would be interested, and hard to argue that offering them that choice is bad for the overall market.

“Forcing Comcast and Netflix to up their game”

That’s the glass-half-full version of how things could turn out for consumers. This new conglomerate of telecom and media finds a way to bring streaming video offerings to people who previously couldn’t afford them, and that forces competitors like Verizon, Comcast, andNetflix to offer more in turn. “Ultimately, we think we’ll be competing head to head with the cable companies with a wireless offer,” said Stephenson. “We can hit those kind of price points, combine it with this kind of content, we think this is exciting.”

Potential cons for consumers

The dark version of things is a world in which telecom companies continue buying up the major content creators and make it difficult to access that media on competitors’ networks. Regulators would no doubt take a hard look at this, but mobile carriers are already testing the waters. Verizon has paid to bring its subscribers the NFL for free, and even prevents users on AT&T’s network from accessing games they can authenticate with a cable subscription. We’re also seeing this world emerge in the market for streaming music, where major artists are increasingly signing deals that make their music exclusive to Apple or Tidal.


nilay patel


I can’t stream football on ESPN with my ATT phone because NFL is exclusive to VZW on mobile, even though I logged in with my FiOS creds.



Walled gardens of content tied to your mobile network is one nightmare scenario. The destruction of net neutrality in a world of mobile broadband is another. Right now T-Mobile uses the lure of free data, offering its subscribers the ability to listen to music without eating up any of their monthly data allowance. AT&T could do the same for people who want to stream HBO or CNN on their network.

It’s easy to argue that locking certain content to certain networks hurts consumers. If AT&T made HBO available only on its mobile network, as Verizon did with the NFL in the example above, consumers would be angry and the FCC would likely get involved. It’s more difficult to make the nuanced case that consumers are hurt by zero-rating gimmicks like T-Mobile’s Music unlimited, or a world where AT&T provides unlimited access to HBO and CNN with your monthly mobile subscription.

“Killing startups in the nest”

That tactic provides immediate value to consumers, but puts other media companies, especially small startups, at a big disadvantage. A world in which new, independent creators don’t reach a broad audience because they count against your data cap is ultimately far less interesting and diverse for consumers.

So far the FCC has not defined net neutrality on mobile to the degree it has on wired broadband. This merger, should it pass, will almost certainly force that agency to take a deeper look at how it wants to regulate the marriage of mobile network operators and media companies they manage. They will have some time to mull it over. While executives from both companies have already been selling Washington on the idea that the merger will bring greater innovation and speed to the world of mobile video, approval for the deal isn’t expected until some time in late 2017.


3 social media lessons from Donald Trump for CEOs who want to win

If Donald Trump goes down in flames on Election Day it won’t just be the GOP that has learned a valuable lesson as it searches for a winning public message to take with it into an uncertain future.

The New York Times cataloged on Tuesday the 282 times that the paper claims Trump has used Twitter as a launch pad for insult comedyand offensive behavior, but Fortune 500 companies should come away from this election year with a different take on Trump and tweeting.

So far, most corporations only have one thing in common with Trump on social: They’re smart enough to know to be on it. The vast majority of companies are on social, but “in terms of using it optimally, [it’s] probably a minority,” said Clara Shih, founder and CEO of Hearsay Social — which counsels corporations on their social media strategy. She was speaking to CNBC at the Net/Net event in New York City on Tuesday.

There are three valuable lessons from Trump on designing an effective corporate social media strategy. They relate — no surprise — to Trump’s predilection for speaking his mind. But two of the three lessons are more positive than many people give Trump credit for these days.

1. Don’t deny it: You’ve probably got some Trumps lurking — and tweeting — in office cubes.

Shih said that one lesson for the C-suite from the election is to remember that “you may have Donald Trumps among your employees.”

“What happens when they tweet and represent views that might not align with the company brand,” Shih said. It gets trickier: Those corporate concerns then need to be managed against an employee’s right to privacy.

2. Sounding real makes a real difference in messaging.

A second lesson is that even voters who disagree with Trump’s policy — even those who really don’t like him — note that he seems to speak authentically. In short: He sounds like a person. And that’s something many brands fail to pull off in social media messaging, Shih said. “We’ve found that authenticity has been the key to social media engagement.”

Hearsay Social founder and CEO Clara Shih

Peter Foley | Bloomberg | Getty Images
Hearsay Social founder and CEO Clara Shih

“We’ve found that authenticity has been the key to social media engagement.”

3. Social media strategy needs to be run by the CEO.

Many political pundits have remarked on the Trump campaign’s lack of advertising spend, but Trump has been running his campaign from Day One as a social media and free-media phenomenon. Any CEO who doesn’t think social media strategy should emanate from their desk is making a mistake, Shih said.

“The companies doing it well, the social strategy and broader digital strategy, are being owned and driven by the CEO and the management team. … It’s not some siloed, tactical project … it’s not the innovation team,” Shih said. “It’s everyone’s job, starting with the CEO.”

As an example of a company and CEO that has done it right, she pointed to New York Life and its CEO Ted Mathas.

“Mathas is an innovator. He owns a strategy and of course he works with a broader team to execute on it,” Shih said.


Apple’s cash hoard swells to $237.6 billion, a record

Apple’s enormous cash hoard grew to $237.6 billion in the fiscal fourth quarter, up $6.1 billion from the previous quarter.

If the company’s massive cash pile was its own company, it would be the seventh largest in the S&P 500 and the fourteenth largest public company in the world.

The tech giant reported earnings that beat Wall Street expectations on Tuesday, and sold more iPhones than expected. The stock briefly jumped after hours before settling down 2 percent.

inRead invented by Teads

The company’s cash reserves have long fueled speculation of acquisitions that Apple might make.

Last quarter, Apple’s enormous cash holdings shrunk for the first time in seven quarters. At the time, Howard Silverblatt, senior index analyst at S&P Dow Jones Indices estimated that if Apple’s cash hoard was its own company, it would be the 11th largest company in the S&P 500.


Petitioners file RTI against Baswan Committee

UPSC - Baswan Committee

The Union Public Service Commission (UPSC) constituted the Baswan Committee to review the modus operandi of the commission for conducting the Civil Service Examination (CSE) earlier this year in August.

It is speculated that the committee headed by retired IAS and former Human Resource Development Secretary, BS Baswan, has recommended a few changes in the CSE pattern. However, the Centre has so far refused to disclose the recommendation forwarded by the said committee.

In a response to the RTI filed by some petitioners, the Department of Personnel and Training (DoPT) said that the Baswan Committee has submitted its report to the government in August 11 this year and further reiterated that no further information specific to such query can be shared at this stage.


  • It is believed that the Baswan Committee has submitted its suggestion to the government urging the reduction of upper age limit for the Civil Service Examination (CSE)
  • According to reliable sources, the committee has critically analysed the model of examination, numbers of papers, test duration, weightage of marks, marking scheme and system of evaluation
  • The upper age limit is extendable for reserved category such as SC/ST, OBC and those who had ordinarily been domiciled in Jammu and Kashmir during the period from January 1, 1980 to December 31, 1989
  • According to reliable sources, the recommended upper age limit for CSE is 26 years for the general category
  • The upper age limit for the SCs/STs will remain as it is.

According to the existing norms, to take the coveted exam, aspirants must have attained the age of 21 years and should not have exceed the upper age limit of 32 years for the general category.


IIT-K to conduct interdisciplinary research on oral healthcare

Oral Health

IIT Kharagpur has signed a memorandum of understanding with Indian Institute of Engineering Science and Technology (IIEST) and Guru Nanak Institute of Dental Sciences and Research (GNIDSR) this morning to conduct interdisciplinary research in the field of oral healthcare.

“Millions of people, especially from the economically underprivileged sections of our society, today suffer from oral and dental diseases, particularly from oral pre-cancer and cancer,” said Sardar Taranjit Singh, Managing Director, JIS Group Educational Initiatives, which runs GNIDSR.

“But no breakthrough has yet been achieved towards treatment and management of these malignant diseases resulting in the loss of millions of lives,” added Singh.

Excerpts from the attendees at the MoU:

  • “GNIDSR has taken the initiative to conduct advanced multi-disciplinary research in the areas of oral cancer and pre-cancers, stem cells, tissue engineering, biomaterials, implants and sensors by entering into this MoU jointly with IIT-KGP and IIEST (Shibpur),” said Sardar Taranjit Singh
  • “it was necessary to take cancer gnomonic and image analysis to the next level and in the future we are planning to conduct advanced research in stem cells,” said S K Bhattacharya, Deputy Director IIT-KGP
  • Ajoy Roy, Director, IIEST Shibpur, said dental caries and periodontal diseases are the most common oral pathoses for tooth loss making an individual orally and facially crippled. Biomaterial, bio-sensors and tissue engineering research will be of immense help to manage dental caries and to fabricate cost effective artificial prosthesis and implants, added Ajoy Roy.
  • source”cnbc”

ARM builds up security in the tiniest Internet of Things chips

ransomware hardware security embedded circuit board integrated controller

IoT is making devices smaller, smarter, and – we hope – safer. It’s not easy to make all those things happen at once, but chips that can help are starting to emerge.

On Tuesday at ARM TechCon in Silicon Valley, ARM will introduce processors that are just a fraction of a millimeter across and incorporate the company’s TrustZone technology. TrustZone is hardware-based security built into SoC (system on chip) processors to establish a root of trust.

It’s designed to prevent devices from being hacked and taken over by intruders, a danger that’s been in the news since the discovery of the Mirai botnet, which recently took over thousands of IP cameras to mount denial-of-service attacks.

“What ARM is trying to do is plug the holes before they can get started,” said analyst Bob O’Donnell of Technalysis Research.

As the array of IoT products expands into things like connected toothbrushes, many are being made by companies that know little about security, he said. ARM recognizes this.

“They’ve taken on the difficult task of trying to embed as much security into the device as possible,” O’Donnell said. It’s a big stretch for ARM, but the company’s well positioned because it already supplies the architecture for most IoT chips, he said.

TrustZone has been around for a decade for Windows, Mac OS and Android products but never for chips this small or low-powered.

The new Cortex-M33 chip design is just one-tenth of a square millimeter, and the Cortex-M23 is 75 percent smaller than that. They’re the first chips based on the new ARMv8-M architecture and are designed to work with ARM’s mbed OS. Chip vendors including Analog Devices, NXP and STMicroelectronics have already licensed the design.

ARM expects chips based on them to be used in products like bandages that collect and send medical data, tracking tags for packages in transit, and portable blood-monitoring devices.

These things won’t be plugged in to an outlet and may not even have batteries: A pocket-sized blood-testing device for diabetics could harvest enough energy to do its job just from the motion of the user removing the cap, ARM says.

Until now, this class of chip has had proprietary security hardware and software in many cases, which caused some limitations, said Nandan Nayampally, vice president of marketing in ARM’s CPU group. Added hardware made them less efficient, and developing different software for every chip duplicated effort.

With TrustZone, the chips can be secured without increasing their footprint, and they can use standard TrustZone software with APIs (application programming interfaces) for adding custom features.

Also on Tuesday, ARM introduced a cloud-based platform for managing and updating IoT processors for as long as they’re deployed. The mbed Cloud software-as-a-service platform is designed to solve the problem of how to manage millions of chips in devices that may be deployed all over a city or a global enterprise.

The platform can get a device set up and connected and then handle firmware updates over time. It also has a role to play in keeping IoT chips secure.

When a device boots up for the first time in the field, mbed Cloud can provide a security key for the communications channel and specify who can get access to the data from the device, based on enterprise policies.

The service can also help to prevent IoT-based denial-of-service attacks by monitoring what’s going on in the network. If there are abnormally chatty devices, it can isolate them or shut them down.

The SaaS platform isn’t just for devices with ARM-based chips or the mbed OS. If customers have legacy devices with other chips running Linux or freeRTOS, for example, ARM has a software module for connecting them to the mbed Cloud.


Intel wants to make its Internet of Things chips see, think, and act

20160127 intel superbowl city

Rolling out the internet of things means using devices as our eyes and ears and even asking them to make decisions for us. The chips at the heart of those devices play critical roles, and on Tuesday some of them got better at their jobs.

While ARM introduced two minuscule processor architectures with security features borrowed from larger chips, Intel unveiled its Atom E3900 chips with improved computer vision and industrial-grade timing.

The E3900s are designed for a wide range of applications, including manufacturing and surveillance, and they’ll soon be joined by a version specifically for vehicles, called the A3900.

Intel is working to help machines evolve from accurately sensing what’s going on around them to acting on those senses. For example, if a device can see defective parts going through an assembly line, it can alert someone or even stop the line. Cameras in cars could see that the driver is drowsy and set off an alarm in the car, and ones pointed in front of the vehicle could tell a pedestrian from a shadow and stop the car – if its vision was accurate enough.

Rival Qualcomm also improved its chips for IoT vision recently.

The E3900s have more computing power than their predecessors (by 1.7 times), along with faster memory speeds and memory bandwidth. But they also have better graphics and vision: 3D graphics performance is 2.9 times higher than in the previous generation, and the new chips can render 4K Ultra HD video on as many as three independent displays, Intel says.

Those three screens could be the virtual dashboard of a car and two seat-back displays for passengers to watch videos. By controlling each separately, the chip could make sure the dash display isn’t affected by the rendering activity happening on the entertainment screens, said Ken Caviasca, vice president of Intel’s IoT group.

The new chips are also better at capturing and processing images. They have four vector image processing units to perform video noise reduction, improve low-light image quality, and preserve more color and detail.

In a networked video recorder, an E3900 could take 1080p video streams from 15 cameras and display their feeds simultaneously at 30 frames per second on a video wall, Caviasca said.

Visual processing needs to keep getting better as technology evolves from rendering images to decoding content and on to image processing. The last step is computer vision, where machines understand what they see well enough to make decisions.

“What people are wanting is a processor that can sense like we do in an environment,” Caviasca said. And rather than just report back to humans, it can take action.

For industrial uses, the E3900 series gets Intel’s TCC (Time Coordinated Computing) technology. This feature lets the chip tightly control the timing of a device’s actions.

Some industrial systems rely on precise timing to be productive. For example, a robotic arm that takes parts off a conveyor belt needs to act when each object comes along. The more tightly the arm is synchronized with the rest of the system, the faster the assembly line can run.

Adding TCC, which wasn’t in the e3800 series, cuts the maximum delay to about one-tenth what it would have been. There are also uses for this technology in the automotive world, Caviasca said.



The 32GB version of Google’s Pixel XL has an estimated Bill of Materials (BoM) of $285.75, including component costs and assembly costs. This is according to the BoM experts at IHS, who have released their report regarding Google’s smartphone today.

This, however, does not mean that the entire difference from $285.75 to the $769 selling price for this model is pure profit for Google – software, R&D and marketing costs are never included in BoM calculations.

For comparison, take into account the fact that Samsung’s Galaxy S7 costs $255 to make, while the iPhone 7’s BoM amounts to $224.80. Both of those devices are smaller than the Pixel XL, and thus have smaller (and cheaper) displays and batteries. Their enclosures could also be cheaper thanks to the reduced size compared to the Pixel XL.

The most expensive single component in Google’s flagship is the display assembly, with the Samsung-made AMOLED panel and Gorilla Glass 4 on top. This is priced at $58. On the other hand, the company getting the most cash from Google for Pixel XL components on the whole might be Qualcomm – $50 for the SoC, but also a big part of the $19.50 that the RF parts are estimated to cost, as well as $11 for power management components and a fraction of $15.50 for the audio codec.

Samsung isn’t just supplying the display for the phone, its UFS 2.0 NAND storage also comes from the Korean company. Unfortunately we don’t know exactly how much this costs since it’s lumped together with the SK Hynix-made RAM in the IHS report – the two memory components together are priced at $26.50. The handset’s 3,450 mAh battery is made by LG Chem and costs $4. The cameras together are priced at $17.50, while the Pixel XL’s enclosure is estimated to cost $35. Finally, the stuff that comes in the box alongside the phone (charger, cables, documentation) costs $10 in total.


Xiaomi Mi Note 2 is now official with a Snapdragon 821 and curved OLED panel

Xiaomi finally took the ribbon off the Mi Note 2 today. Right off the bat, we can’t fail to mention the phablet has taken more than a few pointers from the now late Samsung Galaxy Note7 and frankly, the timing couldn’t be better.

The Mi Note 2 comes with a stylish dual-curved design on both the front and the back. Furthering the similarities with the aforementioned Samsung device, the Mi Note 2 also has a 5.7-inch OLED, panel, curved on both sides. Since we are talking about a true flexible panel here, not just some optical trickery, we have to wonder if the panel itself isn’t actually sourced from Samsung. However the panel resolution is FullHD rather than QHD as the rumors suggested.

With a 77.2% screen to body ration, the Mi Note 2 appears quite impressive on renders and there is little to frown at in the rest of the specs too. The phone is powered by Qualcomm’s latest Snapdragon 821 SoC with a max clock speed of 2.35GHz. It is working in tandem with up to 6GB of LPDDR4 RAM and as much as 128GB of snappy UFS 2.0 storage. 4GB of RAM and 64GB of storage is the other available option.

As for the camera, the Chinese OEM has skipped on a trendy dual-camera setup. Instead, it has gone for a 22.56MP Sony IMX318 Exmor sensor with a f/2.0 lens. The main shooter also has EIS digital stabilization for video capture all the way up to 4K.

It works through a dedicated 3-axis gyroscope and promises excellent real-time jitter compensation. You also get the benefits of a hybrid PDAF and contrast autofocus system, dual-tone LED flash and Xiaomi’s proprietary low-light and long-exposure technologies.

On the front side of the Mi Note 2 there is an 8MP shooter with a Sony IMX268 sensor. Unlike most selfie cameras currently on the market, it is not a fixed focus module and comes with autofocus. It has an aperture of f/2.0 as well and a few additional Xiaomi optimizations, like improved group selfies and Beautify 3.0.

The Xiaomi Mi Note 2 is well equipped in the connectivity department as well. It offers global LTE support across 6 network types and a total of 37 bands. There is a high-precision GPS module inside and a fully functional NFC module. The latter enables P2P communication, but also reading, writing and card emulation, which will definitely be handy for many in a modern NFC access control work spaces and homes.

Other interesting features on the Mi Note 2 include a high-quality 24-bit / 192kHZ DAC. And last, but not least, the phablet is powered by a hefty 4070 mAh battery pack, equipped with Quick Charge 3.0.

As already mentioned, the Xiaomi Mi Note 2 will come in a couple of varieties. The top of the line model has 6GB of RAM and 128GB of storage. It will sell for CNY 3299 ($485) in its home market and CNY 3499 ($520) for the global version, complete with Google Play Services. And if you want to save a few bucks, in the low end there is a 4GB plus 64GB model for CNY 2799 ($415).