Shein adds struggling UK brand Missguided to its fashion empire
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
Read moreWeb Summit names ex-Wikimedia CEO, Katherine Maher, to take over in wake of Cosgrave controversy
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
Read moreCruise hits the brakes on driverless, UAW makes progress and more EV backpedaling
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
Read moreIsrael Bites Back at Starlink’s Decision to Provide Connectivity to Gaza
In a tweet by SpaceX made a statement that Starlink will support connectivity to internationally aid organizations in Gaza. According to reports, Israel did not receive Elon Musk’s decision with open arms. In a statement by Israel’s telecom minister Shlomo Karhi said, “We will use ALL MEANS to FIGHT this!”
Read moreHashtag Trending Oct.30-G7 countries introduce AI code of conduct; Google has new tools to authenticate pictures; How much data is your smart speaker gathering on you?
The G7 countries initiate a roadmap for responsible AI they call the Hiroshima AI Process. Google has new tools to help authenticate pictures. And how much data is your smart speaker really gathering on you – hint – more than than they earlier admitted. These and more top tech
Read moreToronto Public Library hit by cyber attack
Toronto Public Library’s services have been impacted following a cyber attack. The library’s 100 branches are open and material can be loaned. The free Wi-Fi service at the branches continues. So are services such as Kanopy, which offers online movies; the digital archive, which allows viewers to see manuscripts and
Read moreKorean Investment Partners is the latest Korean VC firm to launch a Southeast Asia fund
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
Read moreLayoffs at VW’s Cariad further delay software launch in Porsche, Audi models
Volkswagen’s software unit Cariad will delay the launch of its new software architecture yet again as it deals with a large round of layoffs. Just three years after VW created Cariad, and only six months after an executive shakeup, the unit has planned to cut 2,000 jobs, German publication Manager
Read morePosts with misinformation on X become ‘ineligible for revenue share’ says Musk
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
Read moreUS automakers need to make up their minds already
Ford and GM are hedging their bets on EVs. In times of transition, that can be a terrible way to run a business. © 2023 TechCrunch. All rights reserved. For personal use only.
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