Fast fashion online retailer Shein is in talks with investors to raise $1 billion at a valuation of $100 billion. If successful, that would make the privately held company more valuable than H&M and Zara combined. Bloomberg said potential investors include General Atlantic. Existing investors are Tiger Global, IDG and Sequoia Capital China. Earlier this year, Shein shelved plans to...
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Microsoft Might Keep Losing in Search and Still Win
Could Microsoft win even if it loses in the next chapter of internet search? That was the question running through my head at an event in Redmond, Wash., earlier today, where Microsoft confirmed reporting from The Information and others when it announced it will remake its Bing search engine using artificial intelligence technology from OpenAI. The new and improved...
Goldman Sachs Asset Management Closes $5.2 Billion Growth Fund
Twitter’s Head of Revenue Strategy & Operations Departs
Meta Beginning Effort to Trim Managerial Ranks
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