ByteDance Unveils Seedance 2.5: 30-Second One-Tap AI Video Generation That Cuts the “Overprocessed” Visual Glitch

July 31, 2026 – ByteDance has officially rolled out its next-generation AI video creation model, Seedance 2.5, with gradual deployments underway across its in-house platforms including Dreamina AI and Doubao Pro, while its public API service is scheduled to go live on Volcano Ark in the near future. Breaking the previous 15-second native generation limit…

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Memory Crunch Bites Global Smartphone Market: Q2 2026 Shipments Dip 6% as Samsung, Apple and Xiaomi Top the Rankings

July 31, 2026 –Global smartphone shipments in Q2 2026 hit 272 million units, marking a 6% year-over-year dip as the broader market faces persistent headwinds, per fresh figures from market research firm Omdia. Sky-high memory prices have thrown the entire industry’s supply chain out of balance, with surging component costs forcing nearly every major smartphone…

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BYD’s Electric K-Car Racco Surpasses 5,000 Pre-Orders in First Week, Signaling Strong Japan Market Demand

July 31, 2026 – BYD’s Electric K-Car “Racco” Secures Over 5,000 Orders in First Week After Pre-Sale Launch BYD’s first Japan-focused electric K-Car, the Seagull-inspired “Racco,” has gained strong early momentum, collecting more than 5,000 locked-in deposits within its first week of opening for pre-orders. The compact EV had already attracted significant attention before its…

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Xiaomi Delivers Over 700,000 SU7 and YU7 Vehicles, Unveils Kunlun Technology Architecture After 3.5 Years of Development

July 31, 2026 – Xiaomi Unveils New Pengcheng Technology Platform, Lei Jun Highlights Next Phase of Smart EV Development Xiaomi has officially hosted its Pengcheng Technology Conference, where CEO Lei Jun opened the event by revisiting the company’s first automotive technology presentation and outlining the journey of Xiaomi’s electric vehicle ambitions. At Xiaomi’s inaugural EV…

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Tim Cook Reveals Apple Has Surpassed 1.5 Billion Paid Subscriptions, Adding 500 Million in Three Years

July 31, 2026 – Apple has surpassed a major milestone in its rapidly expanding services business, revealing that the number of paid subscriptions across its ecosystem has climbed beyond 1.5 billion worldwide during the company’s third quarter of fiscal 2026. The figure was disclosed by Apple CEO Tim Cook during the company’s earnings conference call…

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Xiaomi CEO Lei Jun Highlights Supplier Quality Behind New Kunlun Vehicle Architecture

July 31, 2026 – Xiaomi has officially expanded its automotive ambitions with the unveiling of two new extended-range SUVs at its Pengcheng Technology Launch Event on July 30. During the presentation, CEO Lei Jun introduced the company’s newly developed Kunlun Technology Architecture, a vehicle platform engineered over the past three years to support Xiaomi’s next…

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Apple’s Quarterly R&D Spending Hits Record $11.73 Billion, Up 32% YoY

July 31, 2026 – Apple has posted another record-breaking quarter for research and development spending, underscoring the company’s accelerating investment in future technologies, particularly artificial intelligence. During the third quarter of its fiscal 2026, which covered the period from March 28 to June 27, 2026, Apple allocated $11.73 billion to R&D. The figure represents a…

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