BUSINESS

Xiaomi just launched its first electric car, making a big entry into the car business

Chinese smartphone giant Xiaomi has unveiled its inaugural electric vehicle, the SU7 (Speed Ultra). The sedan, featuring a "super electric motor," boasts acceleration speeds rivaling Tesla and Porsche electric cars. Xiaomi's CEO, Lei Jun, expressed the ambitious goal of making Xiaomi one of the world's top five automakers within the next two decades.

Key Highlights:

• Xiaomi unveils its first electric vehicle, the SU7.

• CEO Lei Jun emphasizes the "super electric motor" technology for high-speed acceleration.

• The company aims to be among the top five global automakers in the next 15 to 20 years.

• Xiaomi aspires to create a luxury electric car comparable to Porsche and Tesla.

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TECH

TikTok is asking some iPhone users for their passcodes

If you've recently used TikTok, you may have encountered an unusual request to input your iPhone passcode for access. This demand, typically reserved for secure apps, has left users perplexed. The feature appeared in November and has increased in frequency in December, with TikTok yet to explain its purpose. Users have expressed confusion on social media.

Key Points:

Unusual Request: TikTok now prompts users to input their iPhone passcode, a feature uncommon for social media apps.

Timing: The feature surfaced in November, gaining prominence in December, but TikTok hasn't provided an explanation.

User Confusion: Many users are puzzled and have posted questions and videos seeking clarification.

Possible Reasons:

• Restricted Mode: Passcode demand may be linked to 'Restricted Mode.' To disable, navigate to TikTok's privacy settings and the 'content preferences section,' requiring passcode entry.

• Bug Issue: A bug might trigger the passcode demand; users can bypass it by hitting 'cancel' or by updating the app for the latest version.

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CRYPTO

4 Stocks to Watch as Bitcoin Looks Poised for a 2024 Rally

The cryptocurrency market has been on a rally this year, further accelerating over the past two months. Investors' sentiments are high on hopes that the Federal Reserve will soon end its monetary tightening campaign, which is expected to boost the cryptocurrency market further.

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