After months of delays, fast fashion behemoth Shein went public on Tuesday at a fraction of its peak valuation. On Monday, the Singapore-headquartered retailer priced its IPO at 48.56 Hong Kong dollars, or $6.19, per share, offering about 280 million shares. It raised more than HK$13.2 billion in the IPO. Its valuation at the IPO
Return-to-office mandates are just a blip; Setting your alarm before sunrise and standing shoulder-to-shoulder on a packed train, just to sit at a desk for eight hours, is going to be a relic of the past. And it’s going to be extinct much sooner than you probably expect. According to Mark Dixon, CEO of IWG,
The Florida Department of Transportation is revoking permits for automated license plate readers on roads in the state highway system, according to a memo issued by the department on Monday. The devices must be removed within 30 days of the memo, the agency said. The removal comes as Flock Safety faces a torrent of backlash
After a two-month dry spell, Strategy has resumed its Bitcoin buying spree. On Monday, the world’s largest digital asset treasury announced that it had purchased $370 million worth of Bitcoin at an average price of roughly $80,300 per BTC. Strategy shares rose nearly 3% following the announcement and were trading at about $130. The company
Anthropic is tightening the digital environments used to train and test its Claude agents. The update came after its models accessed three organizations’ systems without permission in April. The company said in a Monday blog post that it had deployed real-time classifiers designed to detect when an AI model aggressively probes or attempts to escape a testing
America has spent decades building a sprawling higher education system around a steady supply of college-age students. Now, there are about to be fewer of them to go around. A record 3.9 million U.S. students graduated from high school in 2025. But that peak marks a turning point: By 2041, the country is projected to
