News of Note—Apple, Xiaomi, Huawei and more

news of note

Here are some of the other stories we're following today:

> Huawei said it will work with Baidu to develop an open ecosystem for mobile artificial intelligence. ZDNet report

> Xiaomi has reportedly told bankers its 2017 profit could surpass its target by as much as 18%. Reuters article

> Eric Schmidt will step down as executive chairman of Google's parent Alphabet. Wall Street Journal article

> Two class action lawsuits were filed after Apple copped to slowing speeds of older iPhones. BBC article