Chris Liu
The Latest
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Google Eyes $23 Billion Acquisition of Cybersecurity Startup Wiz
Google is reportedly in advanced discussions to acquire the cybersecurity startup Wiz for a staggering $23 billion, which would mark its largest acquisition to date. This potential deal, reported by The Wall Street Journal, underscores Google's aggressive push to strengthen its cybersecurity capabilities amid increasing cyber threats and regulatory scrutiny. 
Google is reportedly in advanced discussions to acquire the cybersecurity startup Wiz for a staggering $23 billion, which would mark its largest acquisition to date. This potential deal, reported by The Wall Street Journal, underscores Google's aggressive push to strengthen its cybersecurity capabilities amid increasing cyber threats and regulatory scrutiny. -
AT&T Suffers Massive Data Breach Exposing Millions of Call and Text Records
In a significant cybersecurity breach, AT&T disclosed on Friday that tens of millions of its cellphone customers' call and text message records were exposed in a data hack that occurred in mid-to-late 2022. The breach also impacted many non-AT&T customers whose information was accessible through interactions with AT&T users. This revelation underscores the persistent vulnerabilities facing major telecom companies. 
In a significant cybersecurity breach, AT&T disclosed on Friday that tens of millions of its cellphone customers' call and text message records were exposed in a data hack that occurred in mid-to-late 2022. The breach also impacted many non-AT&T customers whose information was accessible through interactions with AT&T users. This revelation underscores the persistent vulnerabilities facing major telecom companies. -
AMD to Acquire Finnish AI Startup Silo AI for $665 Million in Strategic Move to Challenge Nvidia
In a strategic move to bolster its artificial intelligence capabilities and challenge industry leader Nvidia, Advanced Micro Devices (AMD) announced its plan to acquire Finnish AI startup Silo AI for approximately $665 million. This acquisition marks one of the largest takeovers in the European AI sector in recent years and reflects AMD's aggressive push to enhance its AI services. 
In a strategic move to bolster its artificial intelligence capabilities and challenge industry leader Nvidia, Advanced Micro Devices (AMD) announced its plan to acquire Finnish AI startup Silo AI for approximately $665 million. This acquisition marks one of the largest takeovers in the European AI sector in recent years and reflects AMD's aggressive push to enhance its AI services. -
Intuit Lays Off 10% of Workforce Amid Strategic Shift to AI, Plans to Rehire 1,800
Intuit, the tech giant known for its tax preparation and financial software, has announced a significant workforce reduction, laying off approximately 10% of its employees. The move, detailed in a Wednesday filing with the Securities and Exchange Commission (SEC), underscores the company's ambition to reallocate resources and invest heavily in AI technology. 
Intuit, the tech giant known for its tax preparation and financial software, has announced a significant workforce reduction, laying off approximately 10% of its employees. The move, detailed in a Wednesday filing with the Securities and Exchange Commission (SEC), underscores the company's ambition to reallocate resources and invest heavily in AI technology. -
Apple Faces Scrutiny Over AI Transparency from Artists and Creatives
Apple's recent unveiling of Apple Intelligence, its foray into generative AI, has ignited a significant controversy within the creative community. The new technology, which promises to enhance Siri and introduce advanced features in the Notes and Calculator apps, also includes a generative AI component that has raised ethical questions about how the company trained its AI models. 
Apple's recent unveiling of Apple Intelligence, its foray into generative AI, has ignited a significant controversy within the creative community. The new technology, which promises to enhance Siri and introduce advanced features in the Notes and Calculator apps, also includes a generative AI component that has raised ethical questions about how the company trained its AI models. -
Microsoft Settles for $14 Million Over Employee Leave Discrimination Allegations
Microsoft Corp. has agreed to a $14.4 million settlement to resolve allegations of discrimination and retaliation against employees who took legally protected leave, including parental and disability leave. The California Civil Rights Department announced the proposed settlement on Wednesday, marking the end of a multi-year investigation into the tech giant's employment practices. 
Microsoft Corp. has agreed to a $14.4 million settlement to resolve allegations of discrimination and retaliation against employees who took legally protected leave, including parental and disability leave. The California Civil Rights Department announced the proposed settlement on Wednesday, marking the end of a multi-year investigation into the tech giant's employment practices. -
Nvidia Faces French Antitrust Charges Amid Global Scrutiny
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. 
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, 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. 
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
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. 
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
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. 
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.
