Chris Liu
The Latest
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Xiaomi Posts $15.5 Billion Q1 Revenue, Delivers 75,869 EVs Amid AI and SUV Push
Xiaomi reported record first-quarter revenue and profit on Tuesday, driven by growth in its smartphone segment and expanding electric vehicle (EV) business, even as it prepares to launch its second electric model, the YU7 SUV, in July. 
Xiaomi reported record first-quarter revenue and profit on Tuesday, driven by growth in its smartphone segment and expanding electric vehicle (EV) business, even as it prepares to launch its second electric model, the YU7 SUV, in July. -
Elon Musk Confirms Beta Launch of X Money Payments App for 2025
Elon Musk confirmed on May 25 that X Money, the long-anticipated payments and banking platform tied to the rebranded Twitter, has entered limited beta testing ahead of a planned 2025 launch. The announcement follows years of speculation about Musk's plans to transform X into a multifunctional "everything app" incorporating social media, media sharing, and financial services. 
Elon Musk confirmed on May 25 that X Money, the long-anticipated payments and banking platform tied to the rebranded Twitter, has entered limited beta testing ahead of a planned 2025 launch. The announcement follows years of speculation about Musk's plans to transform X into a multifunctional "everything app" incorporating social media, media sharing, and financial services. -
BYD Shares Drop 8.6% as Price Cuts Spark Fears of Escalating EV Price War in China
Shares of Chinese automakers plummeted Monday following aggressive price cuts by BYD and renewed warnings from industry leaders over the long-term sustainability of China's electric vehicle (EV) sector. BYD's Hong Kong-listed shares fell 8.6%, extending losses from their recent record high, after the company announced a new round of price reductions and trade-in subsidies on more than 20 electric and plug-in hybrid models. 
Shares of Chinese automakers plummeted Monday following aggressive price cuts by BYD and renewed warnings from industry leaders over the long-term sustainability of China's electric vehicle (EV) sector. BYD's Hong Kong-listed shares fell 8.6%, extending losses from their recent record high, after the company announced a new round of price reductions and trade-in subsidies on more than 20 electric and plug-in hybrid models. -
Anthropic’s New AI Model Exhibited Blackmail and Deception When Faced With Shutdown, Safety Report Shows
Anthropic's latest frontier AI model, Claude 4 Opus, exhibited troubling behaviors including blackmail, deception, and unauthorized self-preservation tactics during internal testing, according to a new safety report released alongside the model's debut. The findings come amid rising concern over advanced AI models' ability to strategize against their operators. 
Anthropic's latest frontier AI model, Claude 4 Opus, exhibited troubling behaviors including blackmail, deception, and unauthorized self-preservation tactics during internal testing, according to a new safety report released alongside the model's debut. The findings come amid rising concern over advanced AI models' ability to strategize against their operators. -
Xiaomi Launches 3nm XRING 01 Chip in 15S Pro, Targets Apple’s A18 Pro with Cheaper Chinese Flagship
Xiaomi unveiled its new 15S Pro smartphone and custom XRING 01 processor on Thursday, signaling its most direct challenge yet to Apple's flagship iPhones. The 15S Pro, priced at 5,499 yuan (approximately $764), falls below the 6,000-yuan threshold for Chinese government consumer subsidies-making it significantly cheaper than Apple's iPhone 16 Pro, which starts at 7,999 yuan, and the Pro Max model priced at 9,999 yuan. 
Xiaomi unveiled its new 15S Pro smartphone and custom XRING 01 processor on Thursday, signaling its most direct challenge yet to Apple's flagship iPhones. The 15S Pro, priced at 5,499 yuan (approximately $764), falls below the 6,000-yuan threshold for Chinese government consumer subsidies-making it significantly cheaper than Apple's iPhone 16 Pro, which starts at 7,999 yuan, and the Pro Max model priced at 9,999 yuan. -
BYD Overtakes Tesla in European EV Sales for First Time as Musk Faces Political Backlash
Chinese automaker BYD surpassed Tesla in battery-electric vehicle (BEV) sales in Europe for the first time in April, marking a significant milestone in the ongoing competition between the world's top electric vehicle manufacturers. According to data from market research firm JATO Dynamics, BYD registered 7,231 BEVs in Europe last month, narrowly outpacing Tesla's 7,165. 
Chinese automaker BYD surpassed Tesla in battery-electric vehicle (BEV) sales in Europe for the first time in April, marking a significant milestone in the ongoing competition between the world's top electric vehicle manufacturers. According to data from market research firm JATO Dynamics, BYD registered 7,231 BEVs in Europe last month, narrowly outpacing Tesla's 7,165. -
Huawei Launches First HarmonyOS Laptops, Including 18-Inch Foldable MateBook Fold
Huawei launched its first laptops running its in-house Harmony operating system on Monday, introducing a pair of models including an 18-inch foldable MateBook Fold in a direct challenge to Microsoft's Windows and Apple's macOS dominance. The move marks Huawei's boldest effort yet to assert independence from U.S. technology amid tightening export controls. 
Huawei launched its first laptops running its in-house Harmony operating system on Monday, introducing a pair of models including an 18-inch foldable MateBook Fold in a direct challenge to Microsoft's Windows and Apple's macOS dominance. The move marks Huawei's boldest effort yet to assert independence from U.S. technology amid tightening export controls. -
Qualcomm Reenters Data Center Market with CPUs Designed to Pair with Nvidia AI Chips
Qualcomm announced plans Monday to launch a new line of custom data center CPUs designed to integrate with Nvidia's artificial intelligence chips, marking the company's return to a sector it exited nearly a decade ago. The move positions the San Diego-based firm to compete more directly with industry heavyweights Intel and AMD, and to capitalize on surging demand for AI infrastructure. 
Qualcomm announced plans Monday to launch a new line of custom data center CPUs designed to integrate with Nvidia's artificial intelligence chips, marking the company's return to a sector it exited nearly a decade ago. The move positions the San Diego-based firm to compete more directly with industry heavyweights Intel and AMD, and to capitalize on surging demand for AI infrastructure. -
Alibaba Shares Drop 5% After Earnings Miss, Despite 18% Cloud Growth and AI Push
Alibaba shares fell as much as 5% in U.S. premarket trading Thursday after the Chinese e-commerce giant reported fiscal fourth-quarter earnings that missed analyst expectations on both revenue and net income. The company cited ongoing macroeconomic challenges and intensified domestic competition as key headwinds. 
Alibaba shares fell as much as 5% in U.S. premarket trading Thursday after the Chinese e-commerce giant reported fiscal fourth-quarter earnings that missed analyst expectations on both revenue and net income. The company cited ongoing macroeconomic challenges and intensified domestic competition as key headwinds. -
Apple’s iPhone 18 Pro to Feature Under-Display Face ID in 2026, Industry Sources Confirm
Apple's long-anticipated transition to under-display Face ID technology is now increasingly likely to debut in its iPhone 18 Pro lineup, according to multiple sources with direct knowledge of the company's plans. The development signals the potential end of the Dynamic Island and the pill-shaped cutout currently housing biometric sensors. 
Apple's long-anticipated transition to under-display Face ID technology is now increasingly likely to debut in its iPhone 18 Pro lineup, according to multiple sources with direct knowledge of the company's plans. The development signals the potential end of the Dynamic Island and the pill-shaped cutout currently housing biometric sensors.