Friday, September 13, 2024

The White House plans to curb the "overuse and abuse" of the de minimis loophole used by Shein and Temu, which exempts packages worth $800 or less from tariffs (CNBC)

CNBC:
The White House plans to curb the “overuse and abuse” of the de minimis loophole used by Shein and Temu, which exempts packages worth $800 or less from tariffs  —  The Biden administration announced new steps on Friday to curtail what it calls the “overuse and abuse” …



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London-based Tessl, which is building an AI to write and maintain code, raised $125M across seed and Series A, sources say at a $500M+ post-money valuation (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch : London-based Tessl, which is building an AI to write and maintain code, raised $125M across seed and Series ...