Chris Liu

Chris Liu

The Latest

  • Judge Rules Google Illegally Monopolized Digital Ad Market, Paving Way for Possible Breakup
    Google
    A federal judge has ruled that Google illegally maintained monopoly power over key segments of the digital advertising market, marking the second time in less than a year that courts have found the tech giant violated U.S. antitrust laws.
  • Temu Slashes U.S. Ads, Falls in App Rankings as Trump Tariffs Upend China Retail Strategy
    Temu Surpasses Shein in U.S. Market After Just One Year
    Temu, the Chinese e-commerce platform known for its deep discounts and aggressive U.S. marketing, has sharply scaled back its advertising campaign and fallen precipitously in app store rankings as new tariffs imposed by President Donald Trump threaten to upend its low-cost retail model.
  • Japan Competition Watchdog Accuses Google of Monopoly Violations, Issues Cease-and-Desist
    Google and Facebook allegedly unite
    Japan's antitrust authority issued a cease-and-desist order against Alphabet Inc.'s Google on Tuesday, accusing the tech giant of anticompetitive practices tied to its Android smartphone software. The Japan Fair Trade Commission (JFTC) directed Google to immediately halt agreements that mandate the pre-installation of its search app and Chrome browser on Android devices sold in Japan.
  • Intel to Sell 51% of Altera to Silver Lake in $8.75 Billion Deal to Refocus on Core Chips
    INTEL
    Intel said Monday it will sell a 51% stake in its programmable-chip unit Altera to private equity firm Silver Lake, marking a significant step in the chipmaker's broader effort to restructure its business and shed non-core assets. The deal values Altera at $8.75 billion-roughly half the $16.7 billion Intel paid to acquire the company in 2015-and is expected to close in the second half of 2025.
  • OpenAI Faces Backlash Over Shortened AI Safety Testing as Competition and Weaponization Fears Mount
    OpenAI Halts Misuse of AI Tools by Influence Networks in Russia and China
    OpenAI is facing renewed scrutiny after insiders and external researchers accused the company of drastically reducing the time allocated to safety evaluations for its latest artificial intelligence models. The changes, which critics warn could elevate the risk of misuse and "weaponization" of the technology, reflect the mounting pressure to outpace competitors like Meta Platforms and Alphabet.
  • Apple Supplier Luxshare Eyes U.S. Expansion Amid 125% China Tariff Spike
    Apple to Begin AirPods Manufacturing in India Starting 2025
    Apple supplier Luxshare is exploring the possibility of shifting production to the United States in response to the escalating trade war and new U.S. tariffs, according to chairwoman Wang Laichun. The move reflects a broader trend among global manufacturers looking to mitigate exposure to rising duties on Chinese exports.
  • Amazon Submits Surprise Bid to Acquire TikTok Days Before U.S. Ban Deadline
    DESTRUCTION AT AMAZON
    Amazon made a surprise last-minute offer to acquire TikTok, thrusting itself into the high-stakes negotiations over the Chinese-owned video-sharing app just days ahead of a U.S. government-imposed deadline to force a sale or ban the platform outright. The unexpected move adds a new layer of complexity to a deal process already fraught with national security concerns and intense political scrutiny.
  • Xiaomi Shares Fall After Fatal SU7 EV Crash in China Kills Three
    Xiaomi Unveils SU7 in Bold Entry into Electric Vehicle Market
    Xiaomi's stock dropped 5.5% after the Chinese electronics and electric vehicle maker confirmed a fatal crash involving its SU7 electric sedan, raising fresh concerns about the company's autonomous driving system. The crash, which occurred on March 29 in Tongling, Anhui province, killed the driver and two passengers, according to multiple Chinese media outlets citing sources close to the victims.
  • Huawei 2024 Profit Falls 28% Despite $118 Billion Revenue Surge Driven by Smartphone Comeback
    Huawei
    Huawei Technologies posted a sharp 28% drop in net profit for 2024 despite a surge in revenue, as the Chinese telecoms and consumer electronics giant boosted investment in strategic technologies to counter U.S. sanctions and rebuild its smartphone business. The Shenzhen-based firm reported net income of 62.6 billion yuan ($8.6 billion), down from 87 billion yuan in 2023, even as revenue climbed 22.4% to 862.1 billion yuan ($118.2 billion).
  • Apple’s Foldable iPhone Reportedly to Feature 7.8-Inch iPad-Like Display with 4:3 Aspect Ratio
    Apple’s iPhone 16 Pro and Pro Max Unveiled: Bigger Screens, Advanced Camera Features, and Cutting-Edge AI Capabilities
    Apple is preparing to launch its first foldable iPhone in fall 2026, and new leaks suggest the device will feature a 7.8-inch inner display with a 4:3 aspect ratio, mimicking the design of the iPad. The move indicates Apple is aligning the iPhone Fold with its tablet ecosystem, aiming to deliver a hybrid experience that blends smartphone portability with iPad-level productivity.
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