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Shein’s Hong Kong IPO Valuation Slumps to About $25 Billion as Growth Weakens
Online fast-fashion retailer Shein is considering a valuation of about $25 billion for its planned Hong Kong initial public offering, a dramatic reduction from...
Jeff Dean’s New AI Startup Targets $10 Billion Valuation
Jeff Dean’s departure from Google after 27 years is already one of the most significant talent moves in the artificial intelligence industry this year.
Now,...
Global Stocks Edge Higher as Soft U.S. Data Diminish Fed Rate-Hike Bets
Global stocks edged higher on Monday while the dollar fell to its lowest level since June as a run of weaker-than-expected U.S. economic data...
SafePal Data Breach Exposes Nearly 40,000 Customers as Crypto Industry’s Security Problem Persists
Cryptocurrency wallet provider SafePal has disclosed a data breach affecting nearly 40,000 customers, highlighting a persistent weakness in the digital asset industry: even after...
Trump-Backed World Liberty Ties Up With WorldClaw, Platform Offering Chinese AI Models
President Donald Trump-backed cryptocurrency venture World Liberty Financial is collaborating with Hong Kong-based AI platform WorldClaw, which provides access to dozens of artificial intelligence...