Chris Liu

Chris Liu

The Latest

  • Microsoft Showcases AI 'Agents' at Ignite 2024, Betting Big on Automation
    DATA CENTER
    Microsoft is stepping up its ambitions in artificial intelligence (AI), introducing a vision of "agentic AI" at its Ignite 2024 conference, where AI-powered tools take on complex, automated tasks for businesses. CEO Satya Nadella spoke in Chicago about Microsoft's drive to embed AI agents across its software platforms, aiming to transform organizational workflows and bolster productivity.
  • U.S. Pushes Google to Sell Chrome Amidst Major Antitrust Crackdown
    U.S. Pushes Google to Sell Chrome Amidst Major Antitrust Crackdown
    The U.S. Department of Justice (DoJ) is preparing to seek court intervention that could compel Google to divest its Chrome browser, in a bold effort to break up what regulators say is the company's overwhelming dominance in the internet search and digital advertising sectors. This action, reported by Bloomberg, is part of a broader strategy to curb Google's market power following a federal court ruling in August, which found that Google had violated antitrust laws by creating and maintaining a monopoly over online search.
  • Xiaomi Q3 Revenue Rises 30.5% on Electric Vehicle Success, Sets Higher Sales Target
    Xiaomi
    Xiaomi Corp reported a 30.5% increase in third-quarter revenue, driven by strong sales of its debut electric vehicle (EV), the SU7 sedan, which has attracted significant consumer interest since its launch in March.
  • ByteDance Sets $300 Billion Valuation Amid TikTok’s U.S. Legal Battle
    Tiktok
    ByteDance, the parent company of TikTok, recently valued itself at $300 billion in a share buyback offer, according to The Wall Street Journal. This valuation comes at a critical moment as ByteDance faces potential regulatory actions in the United States that could lead to a ban on TikTok due to national security concerns tied to its Chinese ownership
  • SpaceX's $135/Share Tender Offer to Value Company at Over $250 Billion
    VIRUS AT SPACEX
    Elon Musk's SpaceX is preparing to launch a tender offer in December, aiming to sell existing shares at $135 per share, according to sources familiar with the matter. This move would boost the company's valuation to over $250 billion, reflecting a significant increase from its June valuation of $210 billion. SpaceX did not immediately respond to requests for comment on the proposed offer.
  • Meta Fined Nearly $841 Million by EU Over Antitrust Breaches Related to Marketplace
    Meta
    Meta Platforms, the parent company of Facebook, has been hit with a nearly $841 million fine by the European Union for what regulators have labeled as "abusive practices" connected to its Marketplace classified ads business. The $841 million penalty marks the first time the EU has imposed such a fine on the social media giant for breaching the bloc's competition laws, reflecting the European Commission's ongoing scrutiny of Big Tech.
  • Google Launches Gemini AI App for iPhone with Interactive Voice Assistant
    Google
    Alphabet's Google has expanded its presence in the AI chatbot market by introducing its Gemini AI app to Apple's iPhone platform. The new app, which was quietly released to the App Store this week, features Gemini Live-a voice-based tool designed to engage users in natural and dynamic conversations. Google's latest move signifies a broader push to compete with OpenAI's ChatGPT, which is also set to be integrated into Apple's Siri, marking a significant step in the evolution of AI-powered voice assistants.
  • Apple to Enter Smart Home Market with AI-Powered Security Camera in 2026
    Apple
    Apple is reportedly preparing to enter the smart home camera market in 2026, marking a significant step into a competitive sector dominated by Amazon and Google. Supply chain analyst Ming-Chi Kuo stated that Apple plans to produce millions of units annually, which signals its ambition to become a major player in the smart home space.
  • Meta to Slash Prices on Ad-Free Subscriptions in Europe
    Meta
    Meta Platforms announced Tuesday that it will offer European users of Facebook and Instagram a choice between cheaper ad-free subscriptions and a new free tier with less personalized ads, a move aimed at addressing mounting pressure from European Union regulators over data privacy practices.
  • BYD Closes in on Ford’s Global Sales Amid EV Market Dominance, Surpassing Tesla in Revenue
     BYD China
    BYD Co Ltd, China's leading electric vehicle (EV) manufacturer, is rapidly narrowing the global sales gap with Ford Motor Co. as it continues its aggressive expansion in the EV market. The Chinese automaker, which exclusively produces electric and hybrid vehicles, has experienced a surge in sales, positioning itself among the world's top automakers.
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