Friday, October 27, 2023

Documents: Shein and PDD's Temu file joint declarations in the US to end their legal fights, asking judges to dismiss the cases "without prejudice" (Casey Hall/Reuters)

Casey Hall / Reuters:
Documents: Shein and PDD's Temu file joint declarations in the US to end their legal fights, asking judges to dismiss the cases “without prejudice”  —  Fierce rivals Shein and PDD Holdings-owned (PDD.O) Temu have applied to end their legal fights with each other in the U.S. …



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

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