Business

Redmi sells 5.5 million phones in ... Redmi sells 5.5 million phones in six months — and the cheap model is doing all the heavy lifting The Redmi K90 and Turbo 5 lines have shifted 5.5 million units since launch, with the base K90 outselling its premium siblings six to one. July 7, 2026, 3:56 p.m.
Alibaba wins court reprieve from Pentagon ... Alibaba wins court reprieve from Pentagon lobbying ban — but has 60 days to prove its case A federal judge temporarily blocked the DoD from enforcing a rule that cost Alibaba every one of its registered lobbyists in Washington. July 7, 2026, 3:35 a.m.
Samsung's Mobile Division Posts Its First-Ever ... Samsung's Mobile Division Posts Its First-Ever Loss — and Its Own Chip Unit Is Part of the Problem Samsung's semiconductor division is making record profits selling memory to AI companies, while the phone unit that makes Galaxy devices is bleeding cash for the first time in its history. July 6, 2026, 7:40 p.m.
Midjourney wants Hollywood studios to open ... Midjourney wants Hollywood studios to open up about their own AI use The AI image company is fighting a court ruling that limits what Disney, Universal, and Warner Bros. have to disclose in their copyright lawsuit. July 6, 2026, 3:41 a.m.
Samsung is raising memory prices again ... Samsung is raising memory prices again — and your next phone or laptop will feel it A planned 20% DRAM and LPDDR price hike in Q3 2026 marks three straight quarters of increases, and analysts don't expect relief before 2027 at the earliest. July 5, 2026, 12:27 p.m.
EU's top court finalizes €4.1bn Android ... EU's top court finalizes €4.1bn Android fine against Google — and the legal fallout is just beginning The European Court of Justice has dismissed Alphabet's last appeal, making the €4.125bn penalty permanent and opening the door to unlimited follow-on damages claims across 13 nations. July 3, 2026, 7:29 p.m.
Anthropic Is in Talks with Samsung ... Anthropic Is in Talks with Samsung to Build Its Own AI Chips The Claude maker wants custom silicon on Samsung's 2nm process — joining OpenAI, Google, and Meta in a push to reduce dependence on NVIDIA. July 3, 2026, 1:09 p.m.
Sony's disc factory is already retooling ... Sony's disc factory is already retooling — physical PlayStation games aren't coming back The Austrian plant that prints 600,000 discs a day has begun converting to optical microlenses, backed by a €30M investment. January 2028 is now a hard deadline. July 3, 2026, 12:24 p.m.
Meta wants to sell its AI ... Meta wants to sell its AI computing power to the world — and take on AWS doing it The company behind Facebook and Instagram is building a cloud business to monetize its massive AI infrastructure, putting it in direct competition with Amazon, Google, and Microsoft. July 2, 2026, 3:32 a.m.
Amazon pays record $2.25M fine for ... Amazon pays record $2.25M fine for blocking identity theft victims The FTC found Amazon had no written policy for handling identity theft requests until early 2025 — and routinely denied victims the records they were legally owed. July 1, 2026, 4:14 a.m.
Swatch Is Chasing $170 Million From ... Swatch Is Chasing $170 Million From Samsung Over Watch Faces That Earned $300 A London court is deciding how much Samsung owes Swatch for third-party apps that copied luxury watch faces — and the answer could shape IP law across the US and all 27 EU states. June 27, 2026, 5:08 p.m.
CATL opens a direct sales store ... CATL opens a direct sales store for battery cells — no distributor required The world's largest battery maker now sells LFP cells straight to small installers, cutting out the middlemen who have long inflated costs for smaller energy storage projects. June 27, 2026, 1:18 p.m.
RAM and storage prices are set ... RAM and storage prices are set to surge — and there's no relief until 2028 Jefferies forecasts memory prices rising up to 50% quarter-on-quarter in late 2026, driven by AI chip demand — and your next phone or laptop will cost more because of it. June 23, 2026, 6:10 p.m.
Hong Kong just switched off its ... Hong Kong just switched off its last 2G network China Mobile Hong Kong shut down 2G on June 23, 2026, making the city the latest Asian tech hub to complete the full handover from GSM to 4G/5G. June 23, 2026, 1:34 p.m.
CATL's sodium-ion battery pack promises 30-year ... CATL's sodium-ion battery pack promises 30-year lifespan for grid storage The Tener system offers 15,000 charge cycles and works in freezing temperatures — and it's heading to global markets in 2027. June 23, 2026, 12:18 p.m.
AI servers are driving a 15% ... AI servers are driving a 15% price hike on a component inside almost everything Nichicon, the world's second-largest aluminum capacitor maker, is raising prices across its full product line. Taiwan competitors are expected to follow within weeks. June 19, 2026, 4:45 p.m.
Apple Watch grows 21% as Samsung ... Apple Watch grows 21% as Samsung slumps — what the smartwatch market looks like now Apple took 23% of global smartwatch shipments in Q1 2026, while Samsung shed nearly a third of its volume. Prices are climbing too. June 19, 2026, 3:14 p.m.
China Now Controls 56% of the ... China Now Controls 56% of the World's Offshore Wind Power Beijing has led annual offshore wind installations for eight straight years — and the gap with the West is widening, not closing. June 18, 2026, 4:18 p.m.
Samsung may hand budget appliances to ... Samsung may hand budget appliances to Chinese makers as competition bites Samsung's DX division is weighing outsourcing low-end appliances and TVs to external manufacturers while doubling down on its premium Bespoke lineup. June 18, 2026, 2:09 p.m.
VW's own board calls the company ... VW's own board calls the company existentially threatened An anonymous survey of Volkswagen board members found six of nine used the word "fatal" to describe the company's situation — and none said things were fine. June 17, 2026, 2:41 p.m.
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