Friday, November 6, 2020

Sources: FTC is likely to sue Facebook for antitrust violations before the end of November and FTC Chair Joe Simons favors keeping the suit in-house (Leah Nylen/Politico)

Leah Nylen / Politico:
Sources: FTC is likely to sue Facebook for antitrust violations before the end of November and FTC Chair Joe Simons favors keeping the suit in-house  —  But the agency may keep the case internal, stymieing states that want to team up.  —  FTC Chair Joe Simons testifies during a House Energy …



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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...