#<p><a href="http://www.techeye.net/wp-content/uploads/2015/04/cover_derby.jpg"><img class=" wp-image-157880 alignleft" src="http://www.techeye.net/wp-content/uploads/2015/04/cover_derby-300x220.jpg" alt="cover_derby" width="322" height="236" /></a><strong>Geek icon Segway</strong> has been bought out by a Chinese backed start-up called Ninebot.</p>
<p>Ninebot is backed by the mobile outfit Xiaomi and makes electric-powered personal transportation products.</p>
<p>Segway made a two-wheeler upright scooter which looked so daft that it became a bit of a running joke – especially when they became popular amongst security staff in malls who could not be bothered walking anywhere.… <a href="http://www.techeye.net/business/chinese-seize-control-of-geek-icon" class="read_more">Read the rest</a></p>