Blackberry’s first-quarter loss of $42 million smaller than expected as road to profitability gradually showing signs of light

Blackberry has released its latest financial quarter report on Wednesday but the loss was smaller than expected and the company is working hard to restore adjusted profitability. The company, which currently focuses on the Internet of Things and network security, reported a net loss of $42 million in the first quarter, or 7 cents per…

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Tesla abandons its own 4680 battery due to energy density as charging performance not meeting expectations

Due to cost-effectiveness issues, Tesla will abandon its own 4680 batteries and rely on third-party suppliers. South Korean media also reported that South Korean battery manufacturers are currently “gearing up and actively preparing for battle”, and from all indications, they are planning to mass-produce cylindrical batteries with a diameter of 46 mm. Tesla’s 4680 battery…

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