Chris Liu

Chris Liu

The Latest

  • T-Mobile to Raise Prices on Older Plans for the First Time in Nearly a Decade
    TERMINATIONS LOOM
    T-Mobile is set to raise prices on some of its older plans, marking the first such increase in nearly a decade, according to a memo sent to employees and obtained by CNET. The company will begin sending out notifications on Wednesday to affected customers, who will see the price hikes reflected in their June or July bills.
  • Pinduoduo Reports Explosive Growth: Q1 Net Profit Skyrockets by 202% as Revenue Jumps 131%
    China's Pinduoduo Posts First Quarterly Profit
    Three months after its last stellar performance, Pinduoduo has once again delivered impressive quarterly results. In the first quarter, the company's revenue grew by 131%, with net profit surging 202% year over year. Transaction services income, which soared by 327% to $44.36 billion, has surpassed online marketing services to become Pinduoduo's largest revenue source.
  • Amazon Denies Halting Orders for Nvidia Chips, Confirms Purchase of New Blackwell GPUs
    FEE DEAL
    Amazon Web Services (AWS), the world's largest cloud service provider, stated on Tuesday that it has not canceled any orders for Nvidia chips and plans to purchase Nvidia's next-generation Blackwell chips.
  • OpenAI Disbands Superalignment Team Amid Allegations of Unfulfilled Compute Promises and Shifting Priorities
    OpenAI Disbands Superalignment Team Amid Allegations of Unfulfilled Compute Promises and Shifting Priorities
    OpenAI, the prominent artificial intelligence company behind ChatGPT, has recently disbanded its Superalignment team, a research group dedicated to ensuring the safe control of future superintelligent AI systems.
  • Chinese Tech Giants Slash Prices of AI Language Models, Igniting Price War
    Baidu
    In a significant development for the cloud computing and artificial intelligence (AI) sectors, Chinese tech giants Alibaba and Baidu announced substantial price reductions for their large-language models (LLMs) on Tuesday. This move is poised to intensify the already fierce price war in China's cloud computing space, further reshaping the landscape of AI-powered services.
  • Apple Issues Urgent iOS Update to Fix Deleted Photo Reappearance Bug
    BIG NUMBERS
    Apple has released an urgent security update, iOS 17.5.1, to address a rare bug that caused deleted photos to reappear on some iPhones. This update, quietly rolled out by the tech giant, aims to fix this unexpected issue and includes other important bug fixes.
  • Apple Set to Release Slimmer, Redesigned iPhone in 2025
    Apple's 5G iPhone 12 and iPhone 11 are seen at an Apple Store.
    Apple Inc. (AAPL.O) is reportedly developing a slimmer version of the iPhone, expected to be launched in 2025 as part of the iPhone 17 lineup.
  • Reddit Shares Soar After Strategic AI Partnership with OpenAI
    Reddit Seeks To Hire Advisers For U.S. IPO - Sources
    Shares of Reddit (NYSE: RDDT) surged by 14% on Friday, buoyed by the announcement of a strategic partnership with OpenAI, a leading artificial intelligence firm. This alliance is expected to enhance the user experience on Reddit's platform through AI-driven features, while also attracting more advertising revenue.
  • Alibaba Shares Soar Over 7% as Former Short-Seller Citron Research Predicts Over 20% Rise
    VIOLATION
    On May 16, Alibaba's shares listed in the U.S. opened up 1.2% and increased throughout the morning. By midday, the shares had soared over 7%, peaking at a 7.5% gain and maintained around a 7% increase, potentially setting a new closing high since November 15, 2023.
  • Meta Faces EU Investigation Over Child Safety on Facebook and Instagram
    Meta
    Meta Platforms, the parent company of Facebook and Instagram, is under a major investigation by the European Union for alleged breaches of the bloc's stringent online content law concerning child safety risks.
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