Monday, October 30, 2023

Shein adds struggling UK brand Missguided to its fashion empire

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Shein, the fast fashion giant that has thrived on its nimble supply chain in China, is expanding its product range by scooping up competitors. In a statement released on Monday, the Singapore-headquartered firm announced its acquisition of Missguided, a struggling fashion brand based out of Manchester, U.K., for an undisclosed amount from Fraser Group. This […]

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Web Summit names ex-Wikimedia CEO, Katherine Maher, to take over in wake of Cosgrave controversy

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Web Summit has named a new CEO: Katherine Maher — previously CEO and executive director of the Wikimedia Foundation (between 2019 and 2021). Maher is also chair of the board of the foundation behind the private messaging app, Signal; and holds various other board and fellowship positions — including on the Atlantic Council and the Truman […]

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Cruise hits the brakes on driverless, UAW makes progress and more EV backpedaling

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The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the newsletter every weekend in your inbox. Subscribe for free.  Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. […]

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Posts with misinformation on X become ‘ineligible for revenue share’ says Musk

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X posts that are corrected by Community Notes, the platform’s crowd-sourced fact-checking system, will become “ineligible for revenue share,” Elon Musk said Sunday. “The idea is to maximize the incentive for accuracy over sensationalism,” he wrote. The billionaire executive also noted that any attempts to “weaponize Community Notes to demonetize people will be immediately obvious, […]


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A look at how one fintech CEO’s PR decision backfired

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Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every Sunday, head here to sign up! Last week, we chronicled one CEO’s big PR flub, one firm’s new infusion of capital for early-stage fintech startups and […]


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Sunday, October 29, 2023

Korean Investment Partners is the latest Korean VC firm to launch a Southeast Asia fund

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More South Korean investors are putting money into Southeast Korea startups, creating an “investment corridor” between the two regions. The latest one is KIPSEA. Short for Korean Investment Partners Southeast Asia, KIPSEA has a Singapore-based team and just announced its first fund close of $60 million. Limited partners come from South Korea, Hong Kong and […]

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A look at how one fintech CEO’s PR decision backfired

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Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every Sunday, head here to sign up! Last week, we chronicled one CEO’s big PR flub, one firm’s new infusion of capital for early-stage fintech startups and […]

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Posted from: this blog via Microsoft Power Automate.

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