November 03, 2023
Updated on November 19, 2024
Oladepo Babatunde is a versatile writer and digital enthusiast with a knack for uncovering the latest trends shaping Nigeria and beyond. As the creative force behind 9jaboizgist.com.ng, Oladepo shares engaging content that spans technology, lifestyle, entertainment, and practical tips for navigating everyday life.With a deep understanding of Nigeria's vibrant culture and evolving digital landscape, Oladepo creates articles that resonate with readers from all walks of life. Whether exploring tech innovations, offering helpful guides, or spotlighting inspiring stories, his goal is to keep his audience informed and entertained.Outside writing, Oladepo is passionate about connecting with people, exploring new ideas, and staying updated on the latest global and local trends. Join him on this journey of discovery and conversation at 9jaboizgist.com.ng.
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As expected, the US has removed China’s Xiaomi from an official government blocklist prohibiting Americans from buying or holding its stock. The smartphone manufacturer quickly filed a legal complaint in January against its designation as a Chinese Communist Military Company (CCMC). Xiaomi said today that the US District Court for Columbia District has issued a final injunction to “remove” it from the list.
“The company confirms that it is an open, transparent, publicly-traded, independently owned and operated company,” said Lei Jun, Xiaomi Chairman, in a statement posted on the Hong Kong Stock Exchange.
Via YahooNews
Xiaomi’s removal from the list is a resounding victory for the Chinese technology company – the world’s third-largest smartphone maker according to IDC – which warned that the CCMC designation would cause “irreparable damage” to its company.
As one of the last major measures against Beijing in the Trump era, the blocklist prohibited Americans from investing in companies that the Pentagon suspected would aid the Chinese People’s Liberation Army. Xiaomi isn’t the only Chinese company celebrating today. Luokung Technology, a big data provider that had also taken legal action against the CCMC designation, was also removed from the list.
Oladepo Babatunde is a versatile writer and digital enthusiast with a knack for uncovering the latest trends shaping Nigeria and beyond. As the creative force behind 9jaboizgist.com.ng, Oladepo shares engaging content that spans technology, lifestyle, entertainment, and practical tips for navigating everyday life.With a deep understanding of Nigeria's vibrant culture and evolving digital landscape, Oladepo creates articles that resonate with readers from all walks of life. Whether exploring tech innovations, offering helpful guides, or spotlighting inspiring stories, his goal is to keep his audience informed and entertained.Outside writing, Oladepo is passionate about connecting with people, exploring new ideas, and staying updated on the latest global and local trends. Join him on this journey of discovery and conversation at 9jaboizgist.com.ng.
Expertises: content writer, Research writer, Developer, Programmer