Chris Liu
The Latest
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China’s CATL Set to Raise Up to $5.3 Billion in Hong Kong Listing
Chinese battery giant Contemporary Amperex Technology Co. Ltd. (CATL), the world's largest producer of electric vehicle batteries, is targeting at least HK$31.01 billion ($3.99 billion) in its upcoming Hong Kong listing, the largest new share sale in the city so far this year. The company filed its prospectus Monday, confirming it will offer 117.9 million shares at a maximum price of HK$263 each, with trading scheduled to begin on May 20. 
Chinese battery giant Contemporary Amperex Technology Co. Ltd. (CATL), the world's largest producer of electric vehicle batteries, is targeting at least HK$31.01 billion ($3.99 billion) in its upcoming Hong Kong listing, the largest new share sale in the city so far this year. The company filed its prospectus Monday, confirming it will offer 117.9 million shares at a maximum price of HK$263 each, with trading scheduled to begin on May 20. -
Google to Pay $1.4 Billion in Landmark Texas Settlement Over Unauthorized Data Collection
Google will pay $1.4 billion to the state of Texas to settle allegations that it unlawfully collected and exploited users' personal data, including biometric identifiers and geolocation information, state Attorney General Ken Paxton announced Friday. The settlement marks the largest ever secured by a U.S. state against the tech giant for privacy violations. 
Google will pay $1.4 billion to the state of Texas to settle allegations that it unlawfully collected and exploited users' personal data, including biometric identifiers and geolocation information, state Attorney General Ken Paxton announced Friday. The settlement marks the largest ever secured by a U.S. state against the tech giant for privacy violations. -
Apple Considers Adding Perplexity to Safari AI Search If Google Talks Stall, Sending Alphabet Shares Down 8%
Alphabet shares fell more than 8% on Wednesday after Apple's senior vice president of services, Eddy Cue, disclosed that the iPhone maker is actively considering adding artificial intelligence-based search engines, including Perplexity, to Safari, potentially undermining Google's status as the browser's default search provider. 
Alphabet shares fell more than 8% on Wednesday after Apple's senior vice president of services, Eddy Cue, disclosed that the iPhone maker is actively considering adding artificial intelligence-based search engines, including Perplexity, to Safari, potentially undermining Google's status as the browser's default search provider. -
19 Billion Passwords Leaked as Study Finds 94% Are Reused or Duplicated, Fueling Cybercrime Surge
A sweeping cybersecurity analysis has revealed that more than 19 billion passwords are circulating in the dark corners of the internet, with 94% of them reused or duplicated across multiple accounts-leaving users vulnerable to widespread credential-based attacks. The data, compiled by cybersecurity researchers at Cybernews, highlights persistent user reliance on predictable patterns and a growing epidemic of weak password practices. 
A sweeping cybersecurity analysis has revealed that more than 19 billion passwords are circulating in the dark corners of the internet, with 94% of them reused or duplicated across multiple accounts-leaving users vulnerable to widespread credential-based attacks. The data, compiled by cybersecurity researchers at Cybernews, highlights persistent user reliance on predictable patterns and a growing epidemic of weak password practices. -
OpenAI to Stay Under Nonprofit Control as Restructuring Plan Scales Back Amid Legal, Public Pressure
OpenAI said Monday it will retain its nonprofit governance structure even as it restructures to raise new capital, scaling back earlier plans to fully convert into a public benefit corporation following regulatory scrutiny, legal threats, and civic backlash. 
OpenAI said Monday it will retain its nonprofit governance structure even as it restructures to raise new capital, scaling back earlier plans to fully convert into a public benefit corporation following regulatory scrutiny, legal threats, and civic backlash. -
Apple to Launch iPhone 19 Air With Larger Display and All-Screen Design in 2027
Apple is preparing to launch a larger-screen iPhone 19 Air in the second half of 2027, marking a significant step in the company's evolving product roadmap, according to a new report from noted analyst Ming-Chi Kuo. The device is expected to feature a bigger display than the iPhone 18 Air, which itself is scheduled to debut a year earlier. 
Apple is preparing to launch a larger-screen iPhone 19 Air in the second half of 2027, marking a significant step in the company's evolving product roadmap, according to a new report from noted analyst Ming-Chi Kuo. The device is expected to feature a bigger display than the iPhone 18 Air, which itself is scheduled to debut a year earlier. -
Ireland Slaps TikTok With $600 Million Fine for Sending EU User Data to China
TikTok has been fined €530 million ($601 million) by Ireland's Data Protection Commission (DPC) for illegally transferring European user data to China in violation of the European Union's General Data Protection Regulation (GDPR). The regulator warned that unless TikTok brings its data practices into compliance within six months, it will suspend the platform's cross-border data transfers. 
TikTok has been fined €530 million ($601 million) by Ireland's Data Protection Commission (DPC) for illegally transferring European user data to China in violation of the European Union's General Data Protection Regulation (GDPR). The regulator warned that unless TikTok brings its data practices into compliance within six months, it will suspend the platform's cross-border data transfers. -
Apple Reportedly Cancels Anti-Reflective Display for iPhone 17 Pro
Apple has reportedly canceled plans to introduce a new anti-reflective, scratch-resistant display coating for its upcoming iPhone 17 Pro and iPhone 17 Pro Max models, according to MacRumors, citing a source with reliable information. 
Apple has reportedly canceled plans to introduce a new anti-reflective, scratch-resistant display coating for its upcoming iPhone 17 Pro and iPhone 17 Pro Max models, according to MacRumors, citing a source with reliable information. -
Toyota Industries Shares Soar on Potential $42 Billion Takeover Proposal by Toyota Motor
Shares of Toyota Industries Corp. surged Monday following reports that Toyota Motor Corp. is exploring a potential buyout of the critical parts supplier in a deal that could be valued as high as 6 trillion yen ($42 billion). 
Shares of Toyota Industries Corp. surged Monday following reports that Toyota Motor Corp. is exploring a potential buyout of the critical parts supplier in a deal that could be valued as high as 6 trillion yen ($42 billion). -
Huawei Develops Next-Gen AI Chip, Aiming to Rival Nvidia’s Top Models
Huawei Technologies is preparing to test its next-generation artificial intelligence processor, the Ascend 910D, seeking to challenge Nvidia's dominance in China's AI market, according to multiple reports citing people familiar with the matter. 
Huawei Technologies is preparing to test its next-generation artificial intelligence processor, the Ascend 910D, seeking to challenge Nvidia's dominance in China's AI market, according to multiple reports citing people familiar with the matter.
