Tuesday, January 16, 2024

A PwC survey of 4,702 CEOs ahead of Davos: 25% expect generative AI to lead to up to 5% headcount cuts, 46% expect GenAI to boost profits in 12 months, and more (Sam Fleming/Financial Times)

Sam Fleming / Financial Times:
A PwC survey of 4,702 CEOs ahead of Davos: 25% expect generative AI to lead to up to 5% headcount cuts, 46% expect GenAI to boost profits in 12 months, and more  —  Impact of cutting-edge AI tools on work and society set to dominate discussions at World Economic Forum in Davos



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Shein's IPO prospectus shows Q1 revenue of $9.05B, up 1% YoY, as it swings from $395M profit in Q1 2025 to $99M loss partly due to US' "de minimis" rule removal (Reuters)

Reuters : Shein's IPO prospectus shows Q1 revenue of $9.05B, up 1% YoY, as it swings from $395M profit in Q1 2025 to $99M loss partly...