Tesla Beats Deadline for Building World’s Biggest Battery

Entrepreneur Elon Musk has won a $50 million (roughly Rs. 324 crores) bet by beating a 100-day deadline for building a giant battery to help South Australia avoid energy blackouts, officials said. State Premier Jay Weatherill said testing of the massive lithium ion battery would begin within days, ahead of the December 1 deadline Musk set for himself when he signed off on the project earlier this year. Musk had pledged to build the battery in the South Australian outback for free if it was not completed within the 100 days. He…

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Apple Blames Third-Party Batteries for Case of Exploding Beats Headphones

In a new development, Apple has reportedly refused to grant any compensation to a women whose Beats headphones were said to have exploded mid-flight. Apple claims that the explosion was due to a defect in third-party AAA batteries, and not the headphones. In February, a woman who wishes to remain anonymous, faced burns on face and hair when her headphones caught fire during a flight from Beijing to Melbourne. The headphones in question were Apple’s Beats headphones running on AAA batteries. When the explosion happened, the woman was asleep, and…

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Alibaba Scores Record Growth And Beats Estimates As Mobile Revenue Soars, Topping Desktop For The First Time

Alibaba recently unveiled its Q2 2016 results, with the marketplace showing tremendous growth as revenue from its mobile users surpassed that of desktop users. The e-commerce vendor’s revenue rose to RMB 32.2 billion ($4.8 billion), placing it 59 percent higher than last year. The growth itself is formidable, being the highest since Alibaba initiated the largest U.S. IPO in history when it started public trading in September 2014. The blooming business model is even more commendable as China’s economy contracted during the last year. Alibaba’s marketplaces in China managed to…

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