BYD annual sales top $100 billion, 23andMe files for bankruptcy protection

BYD’s annual sales have topped $100bn for the first time, as China’s electric vehicle champion dominates its domestic market and presses ahead with an overseas expansion. Shenzhen-based BYD said revenue rose 29 per cent to Rmb777bn ($107bn) last year, surpassing the Rmb766bn forecast by analysts, on the back of strong demand for plug-in hybrids. The…

SanDisk unveils storage drive for iPhone, Politics to be pushed on Instagram and Threads

The best iPhones are capable of recording incredibly high-quality ProRes video footage, but that means you can often find your device rapidly running out of storage. Thankfully, SanDisk has just launched a tiny SSD (solid-state drive) that attaches to the back of your iPhone using MagSafe. Dubbed the Creator Phone SSD, SanDisk’s storage drive magnetically snaps onto your…

Record EV growth as private demand slumps, Wind power overtakes gas in the UK

The UK’s new car market recorded its second successive year of growth with 1,952,778 new cars reaching the road in 2024 – a rise of 2.6% on the previous year, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). The first year of mandated targets for new zero-emission vehicles finished with another…

BYD revenues overtake Tesla’s, Reddit makes profit for first time

The Chinese electric vehicle giant BYD has seen its quarterly revenues soar, beating Tesla's for the first time. It posted more than 200bn yuan ($28.2bn, £21.8bn) in revenues between July and September. This is a 24% jump from the same period last year, and more than Elon Musk's company whose quarterly revenue was $25.2bn. However,…

Fox Corporation launches Netflix rival, Scientists attach ‘living skin’ to robots

Rupert Murdoch's Fox Corporation is entering the UK's highly competitive free, ad-supported video streaming market. Tubi will compete with the likes of Netflix, Disney+, ITVX and Channel 4's streaming platform as well as the BBC iPlayer. The platform has been quickly gaining market share in the US where, according to Fox, it has almost 80…