Sunday, May 26, 2024

How Shein and Temu, which are spending billions on digital ads and offering steep discounts or free products, have become big threats to Amazon in the US (Louise Matsakis/Big Technology)

Louise Matsakis / Big Technology:
How Shein and Temu, which are spending billions on digital ads and offering steep discounts or free products, have become big threats to Amazon in the US  —  In the fall of 2020, Amazon looked unstoppable.  The pandemic lockdowns had supercharged its e-commerce business …



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SK Group Chair Chey Tae Won says Anthropic has asked SK Hynix for supplies to make its own chips, calling it remarkable that an AI developer has chip ambitions (Ian King/Bloomberg)

Ian King / Bloomberg : SK Group Chair Chey Tae Won says Anthropic has asked SK Hynix for supplies to make its own chips, calling it remar...