Sources: Shein aims for an $80B to $90B valuation in its US IPO, far exceeding its $50B to $60B valuation in private trades; Shein was valued at $100B in 2022 (Bloomberg)

Bloomberg:

Sources: Shein aims for an $80B to $90B valuation in its US IPO, far exceeding its $50B to $60B valuation in private trades; Shein was valued at $100B in 2022 — - Timing of Shein's IPO remains uncertain given volatile market — Valuation dropped to $50 billion in recent private trades

http://www.techmeme.com/231107/p7?utm_source=dlvr.it&utm_medium=blogger#a231107p7

Sources: the US is exploring whether it has legal authority to review Elon Musk's Twitter deal, which gives large foreign investors access to confidential data (Washington Post)

Washington Post: Sources: the US is exploring whether it has legal authority to review Elon Musk's Twitter deal, which gives large foreign investors access to confidential data — Terms of the deal give large foreign investors access to confidential information about the social media platform https://bit.ly/3TYS0ix

SK Hynix says it has started mass producing its 238-layer 3D NAND flash memory chips, promising speeds of 2400MT/s, up from last gen's 176 layers and 1600MT/s (Anton Shilov/Tom's Hardware)

Anton Shilov / Tom's Hardware: SK Hynix says it has started mass producing its 238-layer 3D NAND flash memory chips, promising speeds of 2400MT/s, up from last gen's 176 layers and 1600MT/s — The new memory promises speeds of up to 2,400 MT/s. — SK hynix said late on Wednesday that it had begun mass production of its 238-layer … http://www.techmeme.com/230607/p39?utm_source=dlvr.it&utm_medium=blogger#a230607p39

Apple says it asked Epic to fix the buttons in a future version of the Epic Games Store submitted for review; Epic CEO Tim Sweeney says Epic will "fight this" (Malcolm Owen/AppleInsider)

Malcolm Owen / AppleInsider: Apple says it asked Epic to fix the buttons in a future version of the Epic Games Store submitted for review; Epic CEO Tim Sweeney says Epic will “fight this” — Mere hours after reports circulated that Apple had declined to approve the Epic Games Store for iOS in the EU … http://www.techmeme.com/240706/p7?utm_source=dlvr.it&utm_medium=blogger#a240706p7

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