| Vizio is Suing LeEco for $100 Million After Failed Acquisition How To Install... | |
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 | xda-developers
Jul 12, 2017 9:35 PM • by Doug Lynch | Vizio is Suing LeEco for $100 Million After Failed Acquisition LeEco's storied financial issues are pretty well known these days. The company has been one of the few Chinese smartphone OEMs to expand into the United States market, and boy did they have some ambitious plans. They opened up a new HQ in California, purchased some land from a dying Yahoo, and were able to launch a couple of smartphones. They even went as far as to start the process of acquiring Vizio for a cool $2 billion before things started to fall apart. LeEco announced they were having financial issues and ended up having to lay off most of its staff from the new headquarters in the US. The founder ended up stepping down as the CEO of Leshi Holding and had to back out of their acquisition of Vizio. Instead, the two agreed to a collaborative partnership which would allow LeEco to leverage Vizio's smart TVs so they could get more video publishers for its subscription services. This would also allow LeEco to help Vizio its in expansion in the Chinese electronics market. While that agreement will benefit both companies, the deal to acquire Vizio had a clause that included a $100 million buyer-termination fee. With the financial issues that LeEco is having right now, the company hasn't been able to pay that fee as originally agreed to. In an attempt to settle things out of court, LeEco offered to pay Vizio $40 million up front, then another $10 million after a new deal closed. The remaining $50 million would then be turned into a capital contribution for the joint venture. Vizio feels that LeEco never intended to pay the entire $100 million and is attempting to get out of it with this new offer. Vizio has filed a lawsuit against LeEco in a California court so they can attempt to collect their original $100 million fee. To make things worse, all of this has happened after Shanghai court froze $180 million in assets which belonged to the LeEco founder and former CEO, his wife and three LeEco affiliates. LeEco has also announced they will be unable to pay their employees in China until August 1oth.
Source: TechCrunch  | | Android Advices
Jul 12, 2017 7:03 PM • by Karthik Iyer | How To Install Android 7.1.1 Nougat based MoKee ROM on Redmi 4 Prime Smartphone Xiaomi Redmi 4 Prime is one of the most successful smartphones that Xiaomi has ever launched. It offers some really good internals for the price at which it is being offered at. However, if you own this smartphone then you already know that the software i.e. the MIUI does not give an ideal user experience. However, there is not a lot that you can do about it, other than simply installing a third party custom ROM. Well, if you are wondering how to do it, then you are in the right place. Today we will be showing how to do the same. Today we will show you how to install Android 7.0 Nougat based MoKee ROM on Redmi 4 Prime Smartphone. But before that, let's take a look at some of the new features that it will bring to the table. About the ROM Below are some of the working features of the smartphone on this ROM – - Camera rear/front (Photographs)
- Camera rear/front (Video – Use Camu from Play Store)
- Auto brightness.
- Fingerprint.
- Bluetooth, Mic, Wi-Fi, GPS, IR
- Hotspot
- RIL
Now that it is out of the way let's check out some of the requirements that are necessary for the installation. Below are some of the pre-requisite for the same – Pre-requisite - The first thing which you need to make sure is that you are creating a complete backup of your files. Since we will be completely wiping the internal memory of the phone, you will end up loosing all your files.
- You also need to make sure that you are installing a custom recovery software. You can install any of your choices; however, we suggest you go for TWRP for this installation.
- You also need to make sure that the battery in the tablet has about 60-percent charge before you begin the installation. If your smartphone's battery dies during the installation, then you may end up with a completely bricked smartphone.
- And lastly it is also necessary to make sure that you have downloaded the firmware file which is necessary for the installation. Without this file, you won't be able to proceed with the installation, and hence we suggest you download the same from the link given below.
Download MoKee Nougat ROM For Redmi 4 Prime Installation - Assuming that you have downloaded the files given in the link above, it is now time to begin the installation process.
- The first thing which you need to make sure is that you copy the downloaded file to the smartphone.
- Once done, simply turn off your phone and enter into the recovery mode. You can do this by pressing Volume Down + Power Key at the same time.
- After this, once you are in the recovery menu, look for wipe and format option ⇒ wipe data, system, cache and Dalvik cache and initiate it.
- Once done, now return to the recovery menu and tap on Install.
- Now it will ask you to browse for the firmware file which you had copied earlier. Simply navigate to the same and select it.
- After that simply swipe to begin the installation.
- Do make a note that the installation will take some time, and hence we suggest you be patient with the same.
- After it is done, before rebooting you can also choose to install the GApps.
- Once this is done, your device will automatically reboot into the new ROM.
Do make a note that the first reboot may take a long time, and hence we suggest you stay patient with the same. Having said, if you have any queries regarding the setup, then be sure to let us know by commenting down below and also stay tuned to Android Advices for more tutorials like this.  | | |
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