Tech News
Toyota Kills Next-Gen Electric Sedan, Shifts Focus to SUVs Amid Cooling Luxury EV Demand
May 30, 2026 – Toyota has reportedly scrapped plans for its next-generation all-electric sedan, a move that signals the automaker is pivoting away from the luxury EV segment in favor of more market-friendly body styles like SUVs. The axed project was the production version of the Lexus LF-ZC, a sleek, low-slung coupe-style sedan that had…
Lisa Su Climbs to No. 3 on Fortune’s 2026 Most Powerful Women List, Extends Seven-Year Streak
May 30, 2026 – AMD CEO Lisa Su has climbed one spot to third place on Fortune’s 2026 Most Powerful Women in Business list, marking her seventh consecutive year on the ranking and solidifying her position as the highest-ranked woman in the semiconductor industry. The top five this year are led by Citigroup CEO Jane…
AliExpress’s Brand+ Program Sprouts Another IPO: Creality 3D, Global Consumer 3D Printing Leader, Debuts in Hong Kong
May 30, 2026 – Creality 3D, the world’s leading consumer 3D printing brand, made a strong debut on the Hong Kong Stock Exchange today, pricing its IPO at HK$18.80 per share and earning the title of “Consumer 3D Printing Stock No. 1” in Hong Kong. Shares surged as much as 80.85% on the first day…
They Lied to Me”: Lei Jun Says Li Bin and He Xiaopeng Tricked Him Into Building Cars — He Xiaopeng Fires Back With One Line
May 30, 2026 – Xiaomi officially handed over the keys to the first batch of YU7 GT owners today at its factory delivery center, with company CEO Lei Jun and brand ambassador Shu Qi jointly presenting the vehicles to the new owners. During the livestream, Lei turned the spotlight on two old friends — NIO’s…
BMW’s New Factory Workers Roll on Wheels and Can Pull 8-Hour Shifts Without a Break
May 30, 2026 – BMW Group is set to deploy humanoid robots at its Leipzig plant in eastern Germany this summer, marking a major step toward integrating advanced robotics into automotive manufacturing. The move, part of a broader strategy to redefine production processes, will see the machines take on tasks like high-voltage battery assembly and…
AMD’s Lisa Su Delivers Blunt Verdict: AI Training Makes Zero Profit — Inference Is the Only Moneymaker
May 22, 2026 – AMD CEO Lisa Su delivered a blunt assessment of the artificial intelligence industry during a forum in Taipei on Thursday, arguing that despite billions of dollars poured into large-scale model training over the past few years, no company has managed to turn a profit from it. Speaking candidly to the audience,…
Skyrocketing Memory Prices Push Samsung to Switch Galaxy S27 to BOE OLED Panels
May 22, 2026 – Amid a sharp global surge in memory chip pricing, Samsung is seriously weighing a move to source OLED panels for its upcoming Galaxy S27 flagship lineup from Chinese display giant BOE, rather than relying on its own in-house panel production, according to industry sources. The shift, if finalized, would mark a…
Nikon Slashes Executive Pay by Up to 10% After Posting ¥112.4 Billion Operating Loss
May 20, 2026 – Nikon is slashing executive pay by up to 10% as the Japanese imaging giant grapples with mounting financial headwinds, marking one of the most aggressive cost-cutting moves in the company’s recent history. The camera and precision equipment maker revealed on Tuesday that fixed salaries for its board members and executive directors…
Samsung’s Mega-Strike Hit by Court Injunction as Wage Talks Collapse in South Korea
May 18, 2026 – Samsung Electronics’ historic labor showdown has hit a major roadblock after a South Korean court sided with the tech giant, effectively putting the brakes on what was poised to become the company’s largest-ever walkout. The Suwon District Court recently granted a partial injunction filed by Samsung, ordering the union to guarantee…
Can’t Afford Gas? Europe Is Going Electric — And Yadea Is Selling 70% More Scooters Abroad
May 18, 2026 – Surging fuel prices worldwide are acting as a powerful tailwind for Chinese electric scooter makers looking to conquer foreign markets, with industry titan Yadea leading the charge. The world’s largest manufacturer of electric two-wheelers and mopeds is on track to ship roughly 70% more units abroad this year compared to 2025,…