Tuesday, May 2, 2023

The Writers Guild of America calls for a strike after negotiations with Netflix, Apple, Amazon, and others over pay and AI issues failed; around 12K may strike (Lucas Ropek/Gizmodo)

Lucas Ropek / Gizmodo:
The Writers Guild of America calls for a strike after negotiations with Netflix, Apple, Amazon, and others over pay and AI issues failed; around 12K may strike  —  The entertainment industry is in the throes of a labor dispute and more than a few of the sticking points involve recent technological changes.



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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...