TECH NEWS

In a historic verdict, a Miami jury held that Tesla should pay part of $329 million in damages after one of its Autopilot systems caused a fatal crash in 2019. The court held the electric vehicle manufacturer 33% liable for the accident, ordering $129 million in compensatory damages and $200

Amazon Web Services (AWS), the cloud computing division of Amazon, reported a solid 18% year-over-year revenue growth in the second quarter of 2025, reaching $30.87 billion. This performance slightly surpassed analysts' expectations of $30.8 billion and underscores the growing reliance on cloud infrastructure in the era of

Samsung Electronics recorded a dramatic drop in its second-quarter operating profit, with numbers falling over 50% from the same period last year. The South Korean electronics giant reported a Q2 operating profit of 4.7 trillion Korean won ($3.38 billion), falling short of analyst forecasts and indicating the severe

South Korean battery maker LG Energy Solution signed a significant $4.3 billion battery supply deal, as revealed by a regulatory filing released on Wednesday. The agreement, to be held through July 2030, is notable not merely by its magnitude but due to the mystery over its buyer—the counterparty

Chinese e-commerce and tech giant Alibaba announced its bold foray into the smart glasses space with the imminent launch of its AI-driven Quark AI Glasses. The new product is Alibaba's inaugural venture into wearable smart technology and is set to compete with Meta's smart glasses, which

Elon Musk's Starlink satellite internet service suffered a mass outage Thursday, one day after the rollout of T-Mobile's new satellite-based service, T-Satellite, which relies on Starlink's technology. The outage, which hit tens of thousands of customers worldwide, drew raised eyebrows as the appetite for