Chris Liu
The Latest
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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. -
Alibaba Combines Domestic and Global E-Commerce Units, Focuses on AI and Competitiveness
Alibaba Group is consolidating its domestic and international e-commerce platforms into a unified division, marking a significant restructuring aimed at strengthening its competitive edge in an increasingly crowded market. The move, announced in a Thursday securities filing, merges the Taobao and Tmall Group with the Alibaba International Digital Commerce Group (AIDC), which oversees platforms like AliExpress and Alibaba.com. Alibaba Group is consolidating its domestic and international e-commerce platforms into a unified division, marking a significant restructuring aimed at strengthening its competitive edge in an increasingly crowded market. The move, announced in a Thursday securities filing, merges the Taobao and Tmall Group with the Alibaba International Digital Commerce Group (AIDC), which oversees platforms like AliExpress and Alibaba.com. -
DOJ Seeks to Break Up Google's Android and Limit AI Training, Beyond Just Divesting Chrome
The U.S. Department of Justice (DOJ) has escalated its antitrust case against Google, calling for the company to not only divest its Chrome browser but also to separate its Android operating system and limit its artificial intelligence (AI) model training. The U.S. Department of Justice (DOJ) has escalated its antitrust case against Google, calling for the company to not only divest its Chrome browser but also to separate its Android operating system and limit its artificial intelligence (AI) model training. -
SpaceX's Starship Completes Sixth Test Flight with Near-Orbital Splashdown, Trump's Support on Display
In a significant milestone for SpaceX's ambitious mission to make space travel more accessible, the company's Starship completed its sixth test flight on Tuesday. The world's largest and most powerful rocket lifted off at 4 p.m. CST from the SpaceX Starbase in Boca Chica, Texas, amid much fanfare and the presence of high-profile spectators, including President-elect Donald Trump and SpaceX founder Elon Musk. In a significant milestone for SpaceX's ambitious mission to make space travel more accessible, the company's Starship completed its sixth test flight on Tuesday. The world's largest and most powerful rocket lifted off at 4 p.m. CST from the SpaceX Starbase in Boca Chica, Texas, amid much fanfare and the presence of high-profile spectators, including President-elect Donald Trump and SpaceX founder Elon Musk. -
Microsoft Showcases AI 'Agents' at Ignite 2024, Betting Big on Automation
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. 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
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. 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 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. 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.