Jerry Lin

Jerry Lin

The Latest

  • US Legislators Propose Tariff Exception Removal for Chinese E-commerce Shipments
    Chinese Online Fashion Retailer SHEIN Set to Raise $2 Billion in Funding Round, Eyes US Listing -Report
    US lawmakers from both sides of the aisle are scheduled to present a bill this Wednesday, aimed at eradicating a popularly used tariff exception that allows e-commerce sellers to deliver orders from China to American customers without paying tariffs. This was according to information provided by Republican Senator Bill Cassidy, one of the sponsors.
  • Meta: The Sole Contrarian of Open-Sourcing AI, the Android of the AI World?
    Meta
    In February of this year, amidst a heated AI competition, Meta took an unusual step. It decided to let go of the "jewel in its AI crown" by publicly releasing the underlying code of its large language model, LLaMA.
  • Potential Breakthrough: Binance Expected to Reach Agreement with SEC to Avoid Asset Freeze
    BINANCE
    U.S. District Court Judge Amy Berman Jackson said on Tuesday that there isn't a significant dispute between Binance and the SEC on protecting billions of dollars of client funds, adding that she wouldn't shut down the Binance exchange during the lawsuit.
  • Apple Inches Closer to a $3 Trillion Market Cap, But It's Not a Cakewalk
    U.S. House Members Introduce Bill Targeting Apple And Google App Stores
    Apple Inc. is anticipated to become the world's first company to achieve a valuation of $3 trillion, but the journey to this unprecedented milestone is not straightforward.
  • Fed Expected to Hold Interest Rates Steady This Week, May Signal Future Hike
    U.S. Federal Reserve building
    Federal Reserve is likely to keep interest rates steady this week, officials' worries about sustained inflation might signal they are readying for another hike later this year. Slowed inflation in May in the United States supports a pause in rate hikes this week, but underlying price pressures remain strong.
  • Altcoin Universe Quakes: US Regulatory Crackdown Dents $100 Billion Market
    Bitcoin
    The altcoin market is navigating choppy waters, grappling with uncertainty and vulnerability. The litigation launched by U.S. regulators against cryptocurrency exchanges Binance and Coinbase last week has caught a broad swathe of altcoins, or cryptocurrencies excluding Bitcoin and Ether, in its wake, leading to a plummet in their values.
  • Slower U.S. Inflation Rate Fuels Global Stock Rally, Eases Rate Hike Concerns
    Wall Street
    Worldwide stock markets climbed while the U.S. dollar retreated on Tuesday, driven by recent U.S. inflation data which highlighted a less-than-anticipated increase in consumer prices for May. This has potentially provided the Federal Reserve with the latitude needed to delay its tightening cycle.
  • India Formally Warns Xiaomi: 4.8 Billion Yuan in Funds May Be Seized
    Xiaomi
    According to foreign media reports, on May 11, India's financial crime enforcement agency formally notified Xiaomi's Indian branch, the company's leader, and three banks. India accuses them of illegally transferring funds abroad, potentially violating the "Foreign Exchange Management Act."
  • Apple's Influence Fuels Doubling of India's Smartphone Exports
    Influencers Promote iPhone 12 Mini
    The arrival of Apple and a slew of related companies has ushered in unprecedented prosperity in India's electronics industry.
  • Google in the Crosshairs: EU Antitrust Regulators Set to Strike Again at Tech Giant's Core Advertising Business
    Google
    Despite having already slapped Google with a hefty fine of more than $40 billion, the European Union regulators are poised to hit the tech giant once again.
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