Sunday, September 27, 2020

Federal judge grants a preliminary injunction against a Trump administration order that would have banned TikTok from US app stores (New York Times)

New York Times:
Federal judge grants a preliminary injunction against a Trump administration order that would have banned TikTok from US app stores  —  The government said a ban would address its national security concerns.  But lawyers for its owner said a ban would be “no different from the government locking the doors to a public forum.”



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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...