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Chinese E-commerce Headwinds, Plus AI’s Copyright Crisis 8/21/24
Manage episode 435419219 series 2975155
There were more headwinds today for China’s already-slumping consumer and e-commerce demand, after Walmart announced it was completely offloading its stake in JD.com and bargain retail giant Shein hit Temu with a lawsuit. Plus, the AI startup darling Anthropic is now facing a new class-action lawsuit, accusing it of copyright infringement and stealing the work of hundreds of thousands of books.
607 episodes
Manage episode 435419219 series 2975155
There were more headwinds today for China’s already-slumping consumer and e-commerce demand, after Walmart announced it was completely offloading its stake in JD.com and bargain retail giant Shein hit Temu with a lawsuit. Plus, the AI startup darling Anthropic is now facing a new class-action lawsuit, accusing it of copyright infringement and stealing the work of hundreds of thousands of books.
607 episodes
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