Chris Liu

Chris Liu

The Latest

  • Nvidia Faces French Antitrust Charges Amid Global Scrutiny
    Nvidia
    Nvidia, the world's leading maker of AI and computer graphics chips, is set to be charged by French antitrust regulators for alleged anti-competitive practices. This marks the first significant enforcement action against the tech giant, underscoring the growing global regulatory focus on Nvidia's dominant market position.
  • Meta Faces EU Antitrust Charges Over Pay-Or-Consent Ad Model
    Meta
    Meta, the parent company of Facebook and Instagram, has been charged by EU antitrust regulators for failing to comply with the bloc's Digital Markets Act (DMA). The charges stem from Meta's recently introduced "pay-or-consent" advertising model, which has already drawn the ire of privacy regulators and activists.
  • SpaceX’s New Tender Offer Boosts Valuation to $210 Billion
    VIRUS AT SPACEX
    SpaceX is preparing an insider share sale that values the firm at an estimated $210 billion, according to sources cited by Bloomberg. This tender offer places SpaceX among the world's most valuable private companies, closing in on ByteDance, the Beijing-based parent company of TikTok, which is currently valued at $268 billion.
  • EU Adjusts Tariffs on Chinese EVs Amid Trade Tensions
    EU, China agree to hold summit, Michel says after Xi call
    The European Union has revised its proposed tariffs on electric vehicles imported from China, reflecting ongoing consultations between the two economic powers. These changes come after receiving additional information from affected companies.
  • Boeing's Starliner Faces Repeated Delays at ISS Due to Technical Issues
    Boeing's Starliner Reaches Orbit in First Crewed Mission to ISS
    Boeing's CST-100 Starliner, designed to transport astronauts to and from the International Space Station (ISS), is currently facing significant delays. Initially scheduled to launch its first crewed mission on May 6, the spacecraft remained earthbound until early June, when it finally docked at the ISS. However, its return has been repeatedly postponed, with the latest delay pushing the expected landing to July 2 at the earliest, over two weeks past the original date.
  • EU Accuses Apple of Breaching New Tech Competition Rules
    U.S. House Members Introduce Bill Targeting Apple And Google App Stores
    The European Union has accused Apple of violating its stringent new digital competition regulations by preventing app developers from freely directing consumers to cheaper services outside the Apple ecosystem. The European Commission's preliminary findings, stemming from an investigation opened in March, suggest that Apple could face a fine of up to 10% of its $383 billion annual global revenue if found guilty. This fine could be increased to 20% if the company repeats the offense.
  • CDK Global Cyber Incident Halts Operations at Thousands of Dealerships
    CDK Global Cyber Incident Halts Operations at Thousands of Dealerships
    A significant cyberattack on CDK Global, a crucial software provider for auto dealerships, has severely disrupted operations at thousands of dealerships across the United States and Canada. The attack, which occurred late on June 19, has rendered essential dealership software inoperative, causing substantial operational challenges during the busy summer car-buying season.
  • Biden Administration Bans Kaspersky Software Over Russia Ties
    Biden Administration Bans Kaspersky Software Over Russia Ties
    The Biden administration announced on Thursday a ban on the sale of Kaspersky Lab's antivirus software in the United States, citing significant national security risks due to the company's ties to Russia. Commerce Secretary Gina Raimondo highlighted the potential threat posed by Kaspersky's access to critical U.S. infrastructure and sensitive information.
  • NVIDIA Expands into AI Server Design, Challenging Dell and Others
    The logo of technology company Nvidia is seen at its headquarters in Santa Clara
    NVIDIA's move into AI server design is creating competition for traditional server manufacturers and making it more challenging for customers to switch to alternative products.
  • California Fines Amazon $5.9M for Violations of Warehouse Quota Law
    Amazon bets on Black Friday deals in early holiday shopping push
    The California Labor Commissioner's Office has fined Amazon nearly $6 million, accusing the e-commerce giant of violating state labor laws designed to protect warehouse workers from excessive productivity quotas that jeopardize their safety.
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