News of Note—Xiaomi, LG and Google

Other stories we are following today include:

> Xiaomi is seeking a valuation of at least $50 billion as it considers an IPO next year. Bloomberg report

> The number of users worldwide who use NFC-based mobile ticketing will triple over the next five years, according to Juniper Research. Cellular News story

> LG’s front-office shuffle suggests the company is eyeing the IoT market. ZDNet article

> The public face of Google’s wearables business has stepped down. The Register report