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 …

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 …

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 …