China’s once richest person loses $14 billion as Temu parent company falls almost 30%
The share price of PDD Holdings, Temu’s parent company, plummeted Monday morning.
The share price of PDD Holdings, Temu’s parent company, plummeted Monday morning.
Few mutual fund managers can come close to this former Legg Mason portfolio manager’s 15-year market-beating record. Below he discusses lessons he has learned, plus his firm’s top ten holdings.
Coaching programs that rely on artificial intelligence are cheap, accessible and increasingly popular. But privacy questions and skepticism over the quality of non-human answers could slow adoption.
Two astronauts have been stuck on the International Space Station for two months longer than planned won’t return home until at least February.
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Ten-year-old startup Andela, valued at $1.5 billion, expects to grow its tech contractor marketplace by 15% this year.
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Tech billionaire Mike Cannon-Brookes’ Sun Cable won the Australian government’s approval to build the first phase of the $20 billion undersea cable that will deliver solar-generated electricity from Darwin to Singapore.
Shein, the Chinese-owned fast-fashion giant, is suing rival Temu for copyright infringement, alleging the retailer “masquerades” as an online marketplace by copying products sold by Shein, which faces similar allegations from other brands and retailers.