Chris Liu
The Latest
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Broadcom Set to Seal $69 Billion VMware Deal After Global Regulatory Approval
Broadcom Inc. is on the verge of completing its ambitious $69 billion acquisition of cloud computing giant VMware Inc., marking one of the most significant mergers in the technology sector. Set to finalize on Wednesday. Broadcom Inc. is on the verge of completing its ambitious $69 billion acquisition of cloud computing giant VMware Inc., marking one of the most significant mergers in the technology sector. Set to finalize on Wednesday. -
AI Revolution Could Lead to 4-Day Workweeks for Millions in US and UK, Study Finds
A recent study has revealed that advancements in artificial intelligence, exemplified by technologies like ChatGPT, could enable millions of workers in the United States and the United Kingdom to shift to a four-day workweek within the next decade. A recent study has revealed that advancements in artificial intelligence, exemplified by technologies like ChatGPT, could enable millions of workers in the United States and the United Kingdom to shift to a four-day workweek within the next decade. -
TSMC To Expand in Japan with Plans for Advanced 3nm Chip Facility
TSMC, renowned for producing high-end chipsets like Apple's A17 Pro and M3, is reportedly planning a significant expansion in Japan with a third factory. TSMC, renowned for producing high-end chipsets like Apple's A17 Pro and M3, is reportedly planning a significant expansion in Japan with a third factory. -
DouYu CEO Chen Arrested, Company Faces Uncertain Future
Chen Shaojie, the 39-year-old CEO of the Chinese streaming platform DouYu, has been arrested by police in Chengdu around November 16, 2023, the company announced on the evening of the 21st, Beijing time. Chen Shaojie, the 39-year-old CEO of the Chinese streaming platform DouYu, has been arrested by police in Chengdu around November 16, 2023, the company announced on the evening of the 21st, Beijing time. -
NVIDIA's Earnings Report Preview: High Expectations and Market Impact
NVIDIA is set to release its quarterly earnings report soon, and if it continues its trend of surpassing expectations, it could trigger a double celebration among investors and the U.S. stock market. In the past 20 financial quarters, NVIDIA has exceeded expectations in 19 of them. NVIDIA is set to release its quarterly earnings report soon, and if it continues its trend of surpassing expectations, it could trigger a double celebration among investors and the U.S. stock market. In the past 20 financial quarters, NVIDIA has exceeded expectations in 19 of them. -
OpenAI Shakeup: CEO Sam Altman Ousted, President Greg Brockman Resigns
In a startling development at OpenAI, CEO Sam Altman has been removed from his position, leading to the subsequent resignation of President and Co-Founder Greg Brockman. The AI research lab announced Altman's departure following a board review that questioned his transparency and communication, shaking the foundations of one of the most influential companies in the artificial intelligence sector. In a startling development at OpenAI, CEO Sam Altman has been removed from his position, leading to the subsequent resignation of President and Co-Founder Greg Brockman. The AI research lab announced Altman's departure following a board review that questioned his transparency and communication, shaking the foundations of one of the most influential companies in the artificial intelligence sector. -
Alibaba Grapples with Market Challenges Amid Co-Founder Jack Ma's Affirmation
Jack Ma, Alibaba's co-founder, has affirmed his confidence in the company despite recent challenges, as reported by the South China Morning Post. In response to a regulatory filing indicating the sale of 10 million American Depository Shares by his family trust, Ma's office clarified that this phased sale was part of a "preset conditional plan for a partial sell-down for the future" established in August. Jack Ma, Alibaba's co-founder, has affirmed his confidence in the company despite recent challenges, as reported by the South China Morning Post. In response to a regulatory filing indicating the sale of 10 million American Depository Shares by his family trust, Ma's office clarified that this phased sale was part of a "preset conditional plan for a partial sell-down for the future" established in August. -
Alibaba Shares Slide as Cloud Spinoff Halted, First-Ever Dividend Announced Amid US Chip Curbs
Alibaba Group Holding Ltd. experienced a significant setback as its shares tumbled following the announcement that it would halt the spinoff of its cloud division, a decision influenced by recent US chip export restrictions. This move marks a deviation from Alibaba's ambitious overhaul strategy and raises questions about its future growth prospects. Alibaba Group Holding Ltd. experienced a significant setback as its shares tumbled following the announcement that it would halt the spinoff of its cloud division, a decision influenced by recent US chip export restrictions. This move marks a deviation from Alibaba's ambitious overhaul strategy and raises questions about its future growth prospects. -
Xiaomi Revs Up the Auto Market: Its Luxurious 'Dream Car' SU7 Unveiled
Two years after Lei Jun, Xiaomi's CEO, announced the company's venture into car manufacturing, calling it his "last major entrepreneurial project," every move of Xiaomi in the automotive sector has garnered significant market attention. Two years after Lei Jun, Xiaomi's CEO, announced the company's venture into car manufacturing, calling it his "last major entrepreneurial project," every move of Xiaomi in the automotive sector has garnered significant market attention. -
Shein's Revenue Soars by 40% in First Three Quarters, Poised to Overtake Zara as Top Fast Fashion Brand
Shein, a fast-fashion brand, has reportedly seen a dramatic 40% increase in revenue in the first nine months of this year, reaching $24 billion, according to sources familiar with the matter reported by The Information. This growth has propelled Shein past H&M and potentially on track to surpass Zara. Shein, a fast-fashion brand, has reportedly seen a dramatic 40% increase in revenue in the first nine months of this year, reaching $24 billion, according to sources familiar with the matter reported by The Information. This growth has propelled Shein past H&M and potentially on track to surpass Zara.