Tuesday, October 20, 2020

US Justice Department files landmark case against Google, but why it may not hurt the company

The U.S. Department of Justice and 11 states filed their long-awaited competition lawsuit against Google - the most momentous antitrust showdown since Washington took on Microsoft Corp more than two decades ago - but experts warn that anyone expecting a major shake-up of the tech industry is likely to be disappointed. https://ift.tt/3kg0YWY

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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...