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 — Competition from Temu adds to pressure on fast-fashion group's valuation as it seeks approval for UK listing
Apple abandons the budget phone market with the iPhone 16e; sources: the M4 MacBook Air may launch in March and Apple may eventually meld the modem and main CPU — Last week, Apple introduced the long-awaited successor to the iPhone SE: the iPhone 16e. In doing so, it all but abandoned the budget smartphone market.
Some US school districts are adopting Sonny, an AI “wellbeing companion,” to provide mental health support to students when there aren't enough counselors — Is a human-AI texting service the future of mental-health care for students? — Teens around the country are confiding …
A look at India's Svamitva Scheme, which has digitally mapped out landholdings using drones in 300K+ villages as of January 2025, as concerns mount over errors — The Svamitva scheme seeks to use drones to map out landholdings in inhabited rural areas. But so far, work has been opaque and riddled with errors.
An investigation details how Chinese cybercrime groups are turning phished payment card data into new Apple or Google wallets for online and in-store use — Carding — the underground business of stealing, selling and swiping stolen payment card data — has long been the dominion of Russia-based hackers.
Even as Trump embraces crypto, attracting millions of new investors, the Bybit hack and memecoins show how crypto remains the wild West of the financial world — Hours after Coinbase said the S.E.C. was dropping a lawsuit against it, another major cryptocurrency exchange reported a potentially record-setting theft.
Meir Orbach / CTech : Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; ...
