Chris Liu
The Latest
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SpaceX’s Value Skyrockets to $350 Billion in Potential Insider Stock Deal
Elon Musk's SpaceX, the privately held aerospace company revolutionizing space travel, is reportedly on the brink of a significant valuation surge. Sources familiar with the matter reveal the company is in discussions to conduct an insider share sale that could elevate its valuation to approximately $350 billion, cementing its position as the world's most valuable private startup. Elon Musk's SpaceX, the privately held aerospace company revolutionizing space travel, is reportedly on the brink of a significant valuation surge. Sources familiar with the matter reveal the company is in discussions to conduct an insider share sale that could elevate its valuation to approximately $350 billion, cementing its position as the world's most valuable private startup. -
Australia Enacts World-First Ban on Social Media for Under-16s Amid Backlash from Industry and Advocates
The Australian Parliament has approved a landmark law banning children under 16 from using social media platforms, making the country the first in the world to implement such sweeping restrictions. The controversial legislation, passed with bipartisan support, imposes fines of up to AUD 50 million ($33 million) on platforms that fail to comply. While supporters argue the measure addresses the growing concerns about online harm to children, critics warn it could create new problems and infringe on rights. The Australian Parliament has approved a landmark law banning children under 16 from using social media platforms, making the country the first in the world to implement such sweeping restrictions. The controversial legislation, passed with bipartisan support, imposes fines of up to AUD 50 million ($33 million) on platforms that fail to comply. While supporters argue the measure addresses the growing concerns about online harm to children, critics warn it could create new problems and infringe on rights. -
Apple's iPhone 17 Pro and Air Rumored to Usher in Significant Changes
As anticipation builds for Apple's next-generation smartphones, early rumors about the iPhone 17 series, expected to launch in late 2025, are already capturing the tech world's attention. Sources close to the company suggest the iPhone 17 lineup will introduce significant changes, including a thinner, ultra-light model dubbed the "iPhone 17 Air" and a performance-focused iPhone 17 Pro, setting the stage for a potential leap forward in design and functionality. As anticipation builds for Apple's next-generation smartphones, early rumors about the iPhone 17 series, expected to launch in late 2025, are already capturing the tech world's attention. Sources close to the company suggest the iPhone 17 lineup will introduce significant changes, including a thinner, ultra-light model dubbed the "iPhone 17 Air" and a performance-focused iPhone 17 Pro, setting the stage for a potential leap forward in design and functionality. -
OpenAI Shuts Down Sora Access Amid Outcry Over 'Unpaid Labor' and Artist Exploitation
OpenAI's Sora, a highly anticipated generative AI video tool, became the center of controversy this week when a group of early testers leaked the software online, accusing the company of exploiting creative professionals and engaging in "art washing." The unauthorized release of Sora appeared on Hugging Face on Tuesday, accompanied by a manifesto decrying OpenAI's practices as exploitative. OpenAI's Sora, a highly anticipated generative AI video tool, became the center of controversy this week when a group of early testers leaked the software online, accusing the company of exploiting creative professionals and engaging in "art washing." The unauthorized release of Sora appeared on Hugging Face on Tuesday, accompanied by a manifesto decrying OpenAI's practices as exploitative. -
Google Faces High-Stakes Legal Showdown as Ad Tech Trial Reaches Closing Arguments
Google's legal battles reached a pivotal stage on Monday as the U.S. Department of Justice (DOJ) concluded its arguments against the tech giant, alleging monopolistic practices in the digital advertising sector. The trial, held in Alexandria, Virginia, saw DOJ attorney Aaron Teitelbaum assert that Google "rigged the rules of the road," claiming the company systematically stifled competition to dominate the online ad ecosystem. Google's legal battles reached a pivotal stage on Monday as the U.S. Department of Justice (DOJ) concluded its arguments against the tech giant, alleging monopolistic practices in the digital advertising sector. The trial, held in Alexandria, Virginia, saw DOJ attorney Aaron Teitelbaum assert that Google "rigged the rules of the road," claiming the company systematically stifled competition to dominate the online ad ecosystem. -
Microsoft’s Outlook and Teams Outage Leaves Users Frustrated as Fix Progresses Slowly
Microsoft's popular communication tools, Outlook and Teams, experienced significant outages on Monday, leaving thousands of users unable to access vital services. The tech giant announced it had identified the issue and was deploying a fix but warned that recovery was progressing slower than anticipated. Microsoft's popular communication tools, Outlook and Teams, experienced significant outages on Monday, leaving thousands of users unable to access vital services. The tech giant announced it had identified the issue and was deploying a fix but warned that recovery was progressing slower than anticipated. -
Prosecutors Demand 5-Year Prison Sentence for Samsung Head Jay Y. Lee Amid Accusations of Manipulating 2015 Merger
South Korea's judiciary has once again focused attention on Samsung's leadership as prosecutors seek a five-year prison sentence for Jay Y. Lee, the chairman of Samsung Electronics. The legal battle, centered on allegations of misconduct during a 2015 merger of Samsung affiliates, has raised questions about Lee's ability to lead the tech giant amid growing global challenges. South Korea's judiciary has once again focused attention on Samsung's leadership as prosecutors seek a five-year prison sentence for Jay Y. Lee, the chairman of Samsung Electronics. The legal battle, centered on allegations of misconduct during a 2015 merger of Samsung affiliates, has raised questions about Lee's ability to lead the tech giant amid growing global challenges. -
Amazon Expands AI Footprint with Additional $4 Billion Investment in Anthropic
Amazon has announced an additional $4 billion investment in Anthropic, the San Francisco-based artificial intelligence startup founded by former OpenAI executives. This brings Amazon's total investment in the company to $8 billion, further solidifying its role in the competitive generative AI sector. Amazon has announced an additional $4 billion investment in Anthropic, the San Francisco-based artificial intelligence startup founded by former OpenAI executives. This brings Amazon's total investment in the company to $8 billion, further solidifying its role in the competitive generative AI sector. -
Alphabet’s Stock Plummets as DOJ Pushes for Google Breakup
Alphabet Inc., Google's parent company, is facing a historic antitrust challenge as the Department of Justice (DOJ) pushes for remedies that could significantly reshape the tech giant's business operations. Among the proposals are demands to sell Google's Chrome browser, end default search engine agreements, and open its search data to competitors. The DOJ's aggressive measures follow a September court ruling that found Google had illegally monopolized the search market. Alphabet's shares fell nearly 5% on Thursday, reflecting growing investor unease. Alphabet Inc., Google's parent company, is facing a historic antitrust challenge as the Department of Justice (DOJ) pushes for remedies that could significantly reshape the tech giant's business operations. Among the proposals are demands to sell Google's Chrome browser, end default search engine agreements, and open its search data to competitors. The DOJ's aggressive measures follow a September court ruling that found Google had illegally monopolized the search market. Alphabet's shares fell nearly 5% on Thursday, reflecting growing investor unease. -
Google Reportedly Cancels Pixel Tablet 2, Future of Its Tablet Ambitions Uncertain
Google is once again retreating from the tablet market, with reports indicating the company has canceled its second-generation Pixel Tablet, codenamed "Kiyomi." This decision, confirmed by Android Authority, comes as the first-generation Pixel Tablet, launched last year, struggled to gain significant traction in an increasingly competitive marketplace. Google is once again retreating from the tablet market, with reports indicating the company has canceled its second-generation Pixel Tablet, codenamed "Kiyomi." This decision, confirmed by Android Authority, comes as the first-generation Pixel Tablet, launched last year, struggled to gain significant traction in an increasingly competitive marketplace.