Chris Liu
The Latest
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Boeing's Starliner Faces Repeated Delays at ISS Due to Technical Issues
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. 
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
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. 
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
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. 
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
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. 
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
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. 
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
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. 
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. -
Apple Pauses Next-Gen High-End Headset Development to Focus on Affordable Vision Pro Release
Apple has made a significant shift in its strategy for the high-end headset market by pausing the development of the next-generation Vision Pro headset. This decision comes after recent international expansions and previews of the VisionOS 2 features. 
Apple has made a significant shift in its strategy for the high-end headset market by pausing the development of the next-generation Vision Pro headset. This decision comes after recent international expansions and previews of the VisionOS 2 features. -
Wall Street Struggles as TSMC ADRs Surge Amid Chip Price Hikes
Recent news of rising chip prices has propelled Taiwan Semiconductor Manufacturing Company (TSMC) stocks to new heights, creating challenges for a popular Wall Street arbitrage strategy. 
Recent news of rising chip prices has propelled Taiwan Semiconductor Manufacturing Company (TSMC) stocks to new heights, creating challenges for a popular Wall Street arbitrage strategy. -
China's Vivo Faces Uncertain Future in India Amid Localization Push
Amid a concerted effort to establish itself as a global brand, Vivo is grappling with significant challenges in India, its largest market outside of China. The company is reportedly in talks with India's Tata Group to sell a majority stake in its Indian operations to comply with local regulations. As of June 17, Vivo has not officially commented on these reports. 
Amid a concerted effort to establish itself as a global brand, Vivo is grappling with significant challenges in India, its largest market outside of China. The company is reportedly in talks with India's Tata Group to sell a majority stake in its Indian operations to comply with local regulations. As of June 17, Vivo has not officially commented on these reports. -
Microsoft Admits Responsibility for Cybersecurity Failures in Capitol Hill Testimony
Microsoft's President Brad Smith is set to address Congress on Thursday, openly accepting responsibility for the company's cybersecurity failings as outlined in a recent U.S. government-backed report. In his prepared testimony to the House Homeland Security Committee, Smith will concede that Microsoft "accepts responsibility for each and every one" of the issues identified, emphasizing the need for improved practices. 
Microsoft's President Brad Smith is set to address Congress on Thursday, openly accepting responsibility for the company's cybersecurity failings as outlined in a recent U.S. government-backed report. In his prepared testimony to the House Homeland Security Committee, Smith will concede that Microsoft "accepts responsibility for each and every one" of the issues identified, emphasizing the need for improved practices.
