Chris Liu
The Latest
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Amazon Submits Surprise Bid to Acquire TikTok Days Before U.S. Ban Deadline
Amazon made a surprise last-minute offer to acquire TikTok, thrusting itself into the high-stakes negotiations over the Chinese-owned video-sharing app just days ahead of a U.S. government-imposed deadline to force a sale or ban the platform outright. The unexpected move adds a new layer of complexity to a deal process already fraught with national security concerns and intense political scrutiny. 
Amazon made a surprise last-minute offer to acquire TikTok, thrusting itself into the high-stakes negotiations over the Chinese-owned video-sharing app just days ahead of a U.S. government-imposed deadline to force a sale or ban the platform outright. The unexpected move adds a new layer of complexity to a deal process already fraught with national security concerns and intense political scrutiny. -
Xiaomi Shares Fall After Fatal SU7 EV Crash in China Kills Three
Xiaomi's stock dropped 5.5% after the Chinese electronics and electric vehicle maker confirmed a fatal crash involving its SU7 electric sedan, raising fresh concerns about the company's autonomous driving system. The crash, which occurred on March 29 in Tongling, Anhui province, killed the driver and two passengers, according to multiple Chinese media outlets citing sources close to the victims. 
Xiaomi's stock dropped 5.5% after the Chinese electronics and electric vehicle maker confirmed a fatal crash involving its SU7 electric sedan, raising fresh concerns about the company's autonomous driving system. The crash, which occurred on March 29 in Tongling, Anhui province, killed the driver and two passengers, according to multiple Chinese media outlets citing sources close to the victims. -
Huawei 2024 Profit Falls 28% Despite $118 Billion Revenue Surge Driven by Smartphone Comeback
Huawei Technologies posted a sharp 28% drop in net profit for 2024 despite a surge in revenue, as the Chinese telecoms and consumer electronics giant boosted investment in strategic technologies to counter U.S. sanctions and rebuild its smartphone business. The Shenzhen-based firm reported net income of 62.6 billion yuan ($8.6 billion), down from 87 billion yuan in 2023, even as revenue climbed 22.4% to 862.1 billion yuan ($118.2 billion). 
Huawei Technologies posted a sharp 28% drop in net profit for 2024 despite a surge in revenue, as the Chinese telecoms and consumer electronics giant boosted investment in strategic technologies to counter U.S. sanctions and rebuild its smartphone business. The Shenzhen-based firm reported net income of 62.6 billion yuan ($8.6 billion), down from 87 billion yuan in 2023, even as revenue climbed 22.4% to 862.1 billion yuan ($118.2 billion). -
Apple’s Foldable iPhone Reportedly to Feature 7.8-Inch iPad-Like Display with 4:3 Aspect Ratio
Apple is preparing to launch its first foldable iPhone in fall 2026, and new leaks suggest the device will feature a 7.8-inch inner display with a 4:3 aspect ratio, mimicking the design of the iPad. The move indicates Apple is aligning the iPhone Fold with its tablet ecosystem, aiming to deliver a hybrid experience that blends smartphone portability with iPad-level productivity. 
Apple is preparing to launch its first foldable iPhone in fall 2026, and new leaks suggest the device will feature a 7.8-inch inner display with a 4:3 aspect ratio, mimicking the design of the iPad. The move indicates Apple is aligning the iPhone Fold with its tablet ecosystem, aiming to deliver a hybrid experience that blends smartphone portability with iPad-level productivity. -
Tencent Invests $1.25 Billion in Ubisoft Unit Holding Assassin’s Creed, Stock Retreats After Early Rally
Ubisoft shares reversed early gains Friday after the French video game publisher announced a major strategic overhaul involving a €1.16 billion ($1.25 billion) investment from Tencent into a newly created subsidiary. The new unit will house some of Ubisoft's most valuable intellectual property, including Assassin's Creed, Far Cry, and Tom Clancy's Rainbow Six. 
Ubisoft shares reversed early gains Friday after the French video game publisher announced a major strategic overhaul involving a €1.16 billion ($1.25 billion) investment from Tencent into a newly created subsidiary. The new unit will house some of Ubisoft's most valuable intellectual property, including Assassin's Creed, Far Cry, and Tom Clancy's Rainbow Six. -
China’s H3C Warns of Looming Nvidia H20 AI Chip Shortage - Report
A potential shortage of Nvidia's H20 artificial intelligence chips is emerging in China, threatening to disrupt the country's rapid AI expansion efforts and exposing fault lines in global semiconductor supply chains. H3C, one of China's largest server makers and a key OEM partner for Nvidia, issued a warning this week to clients, citing "significant uncertainties" in the international supply chain for the H20 processor, according to a client notice reviewed by Reuters. 
A potential shortage of Nvidia's H20 artificial intelligence chips is emerging in China, threatening to disrupt the country's rapid AI expansion efforts and exposing fault lines in global semiconductor supply chains. H3C, one of China's largest server makers and a key OEM partner for Nvidia, issued a warning this week to clients, citing "significant uncertainties" in the international supply chain for the H20 processor, according to a client notice reviewed by Reuters. -
Google to Develop Entire Android OS Behind Closed Doors Starting Next Week
Google is making a sweeping structural change to the development of Android, confirming this week that all work on the operating system will now take place exclusively behind closed doors. Beginning next week, Google will shift the full development of Android OS into its private internal branches, ending its long-standing hybrid model that allowed for limited public transparency through the Android Open Source Project (AOSP). 
Google is making a sweeping structural change to the development of Android, confirming this week that all work on the operating system will now take place exclusively behind closed doors. Beginning next week, Google will shift the full development of Android OS into its private internal branches, ending its long-standing hybrid model that allowed for limited public transparency through the Android Open Source Project (AOSP). -
OpenAI Adds Image Editing and Visual Generation to ChatGPT With GPT-4o Upgrade
OpenAI has launched a major update to ChatGPT's image-generation capabilities, integrating advanced tools for creating and editing visuals directly through its GPT-4o model. The rollout, announced Tuesday during a livestream by CEO Sam Altman, represents the first significant leap in ChatGPT's visual functions in more than a year. 
OpenAI has launched a major update to ChatGPT's image-generation capabilities, integrating advanced tools for creating and editing visuals directly through its GPT-4o model. The rollout, announced Tuesday during a livestream by CEO Sam Altman, represents the first significant leap in ChatGPT's visual functions in more than a year. -
Google Unveils Gemini 2.5 Pro, Its Most Advanced AI Model With Built-In Reasoning
Google on Tuesday introduced Gemini 2.5 Pro, a next-generation AI model that the company says represents its most intelligent system to date, featuring embedded reasoning capabilities and performance improvements across key AI benchmarks. The new model is being rolled out through Google AI Studio and the Gemini app for Gemini Advanced subscribers. 
Google on Tuesday introduced Gemini 2.5 Pro, a next-generation AI model that the company says represents its most intelligent system to date, featuring embedded reasoning capabilities and performance improvements across key AI benchmarks. The new model is being rolled out through Google AI Studio and the Gemini app for Gemini Advanced subscribers. -
China’s DeepSeek Narrows AI Gap With U.S. as New Model Rivals OpenAI at Fraction of Cost
Chinese artificial intelligence startup DeepSeek has significantly narrowed the technological gap with U.S. leaders like OpenAI, according to 01.AI founder and former Google China president Lee Kai-fu. The progress, driven by algorithmic innovation and efficient use of domestic hardware, suggests China now lags just three months behind the U.S. in core AI technologies-and may be ahead in some areas. 
Chinese artificial intelligence startup DeepSeek has significantly narrowed the technological gap with U.S. leaders like OpenAI, according to 01.AI founder and former Google China president Lee Kai-fu. The progress, driven by algorithmic innovation and efficient use of domestic hardware, suggests China now lags just three months behind the U.S. in core AI technologies-and may be ahead in some areas.
