Wednesday, January 29, 2020

Facebook agrees to pay $550M to settle a class action over Illinois biometric law violations while tagging users in photos, after SCOTUS rejects its appeal (New York Times)

New York Times:
Facebook agrees to pay $550M to settle a class action over Illinois biometric law violations while tagging users in photos, after SCOTUS rejects its appeal  —  It was another black mark on the privacy record of the social network, which also reported its quarterly earnings.



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Sources: Shein's 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shein to cut pre-IPO valuation from $66B to ~$30B (Financial Times)

Financial Times : Sources: Shein's 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shei...