liveupdate.exe is a program which is most likely NOT a virus. So, if liveupdate.exe is on your laptop or desktop computer, it is most likely ok, and will NOT be a cause for concern. Even if your PC is virus-free, it is still recommended to use a well-known antivirus with a good track record, in order to defend your PC against threats.
Usually, the default name and folder where this program is stored is
C:\Program Files (x86)\IObit\LiveUpdate\LiveUpdate.exe.
The MD5 checksum for this program is ed6923bf4d8d4383893825e2f74e2543.
This application is a Windows service. This means it runs on your system in background, usually without displaying any user interface to you. Most Windows services are legit programs, which provide useful features to other applications or to Windows in general.
This exe runs as a 32-bit program. It can not use the full power of nowadays' PC chips. This is quite normal because the makers did not bother to upgrade it to use the x64 instruction set.
The description written in the file is Product Updater.
File version 2.1.6.1447.
Author IObit.
Legal copyright Copyright(C) 2005-2015.
This task does NOT have visible windows. This is most likely a bad sign.
The machine code of this program seems to be compressed or obfuscated so it can not be quickly cracked.
Some unusual functions of Windows appear to be used, such as functions for recording the keyboard. We recommend you to read more about this program.
liveupdate.exe is digitally signed. Today the large majority of legit software applications are digitally signed.
The digital signature attached to liveupdate.exe is valid. This is excellent.
Digital certificate name: IObit Information Technology
Certificate's issuer name: Symantec Class 3 SHA256 Code Signing CA
This executable does NOT have a removal routine set up in registry.