liveupdate.exe is a application which is probably legit. So, if liveupdate.exe is on your system, it is probably ok, and will NOT cause problems. Even if your system is clean, it is still recommended to run a good antivirus with a good detection rate, in order to yourself your system against viruses and malware.
Normally, this application is stored in C:\Program Files (x86)\IObit\LiveUpdate\LiveUpdate.exe.
The MD5 checksum for this program is e0f2ecbc4ef6ac11601772606dab9cd0.
This program is a Windows service. This means it operates on your PC in background, usually without showing any user interface to you. Most Windows services are legit programs, which perform useful features to other applications or to Windows in general.
This exe runs in 32-bit mode. It does not use the entire set of features of nowadays' computer chips. This ordinarily happens because the makers did not bother to upgrade it to 64-bit code.
The description present in the file is Product Updater.
File version stored as a property 2.1.6.2660.
Publisher IObit.
Copyright notice Copyright(C) 2005-2015.
The machine code of this program seems to be compressed or encrypted so it can not be easily hacked.
Some insecure functions of the Operating System appear to be used, such as functions for tapping the keyboard. We advise you to perform more in-depth research about this program.
liveupdate.exe has a digital signature. Today the large majority of virus-free programs are digitally signed.
The digital signature attached to liveupdate.exe verifies as ok. This is very good.
Digitally signed by: IObit Information Technology
Certificate's issuer name: Symantec Class 3 SHA256 Code Signing CA
This program does NOT have a removal routine stored in registry.