Chris Liu

Chris Liu

The Latest

  • Live Streaming E-commerce: The Emerging Threat to Amazon from Chinese Online Retailers
    Amazon India
    The rise of Temu in the United States is currently overshadowing Amazon, but the real challenge Amazon may face comes from the yet-to-be fully unleashed Chinese e-commerce strategy of live streaming sales.
  • ByteDance Retreats from Gaming, Cuts Jobs Amidst Rivalry with Tencent
    ByteDance
    ByteDance, the parent company of TikTok, is significantly downsizing its gaming division, marking a retreat from its ambitious challenge to gaming giants like Tencent. The move will result in the loss of hundreds of jobs within the company's main gaming unit, Nuverse.
  • Buffett's Berkshire Hathaway Exits Paytm with a 30% Loss
    ORACLE OF OMAHA
    Reports indicate that Buffett's company faced a loss of 6 billion rupees (approximately $72 million), marking a 30% investment loss.
  • Sam Altman's Ouster and Comeback Tied to Threatening AGI Development at OpenAI
    OpenAI co-founder Sam Altman
    According to sources close to the matter, the turmoil within the AI research organization was linked to concerns about a potentially dangerous Artificial General Intelligence (AGI) model under development.
  • TikTok Reportedly Eyes Investment in Indonesian GoTo Group's Subsidiary to Revive E-commerce Operations
    FILE PHOTO: The TikTok logo is pictured outside the company's U.S. head office in Culver City, California, U.S., September 15, 2020.
    TikTok's parent company, ByteDance, is planning to invest in a subsidiary of Indonesia's internet company GoTo Group, in a bid to resume its e-commerce operations in Indonesia.
  • Jack Ma Halts Alibaba Share Sale Amid Declining Stock Prices
    Alibaba's Jack Ma in Europe on study tour - SCMP
    Alibaba Group Holding Ltd. founder Jack Ma has paused his plans to reduce his stake in the e-commerce giant, an internal memo revealed, following a significant drop in the company's share price.
  • Honor, Huawei's Smartphone Spinoff, Plans IPO to Compete with Apple and Samsung
    Honor and Huawei
    Honor, the former subsidiary of Chinese tech behemoth Huawei, has announced its plans to launch an initial public offering (IPO).
  • CATL Reportedly Considering Hong Kong Listing
    CATL
    Contemporary Amperex Technology Co. Ltd. (CATL), identified by its stock code 300750.SZ, is reportedly contemplating a listing on the Hong Kong Stock Exchange.
  • OpenAI and Microsoft Face Copyright Lawsuit Over AI Training Practices
    Italy Bans ChatGPT Amid Privacy Concerns and Investigations
    OpenAI and Microsoft face a new lawsuit alleging misuse of copyrighted material for training their artificial intelligence models, including the widely-known chatbot ChatGPT.
  • Broadcom Set to Seal $69 Billion VMware Deal After Global Regulatory Approval
    Vmware
    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.
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