Morgan Stanley is leading a new investment round in Databricks, a provider of machine-learning and data-analytics software, that will value the eight-year-old company at $38 billion, reported Bloomberg. The round is worth at least $1.5 billion, according to Bloomberg, and comes six months after Databricks raised $1 billion in Series G funding led by Franklin Templeton at a $28 billion...
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Shein Confusion: The Fast-Fashion Giant’s New Resale Site Doesn’t Make Buying Easy
All I wanted from Shein Exchange was a plain black skirt. It was a simple enough desire, I thought, as I swiped around the fast-fashion giant’s newly launched resale platform. Scrolling through the offerings, I was bombarded with used neon crop tops, bedazzled pants and denim skirts—but my basic wardrobe staple was nowhere to be found. When it was unveiled in October, Shein Exchange...
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