Shein swung to a $99 million net loss in the first quarter ‌of this year, the draft Hong Kong listing prospectus of the online fast-fashion retailer showed, as its sales took a hit from the Trump administration's removal of the "de minimis" duty-free policy.

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Technology Roundup

Technology Roundup

 

Shein swings to quarterly loss ahead of Hong Kong IPO 

 

Samsung Elec, SK Group seal $950 bln deals as South Korea hosts AI powers 

 

Samsung Elec wins $200 billion Broadcom AI chip partnership, boosting foundry push 

 

Its AI agent spent days hacking a company, but sources say OpenAI did not notice for a week 

 

DeepSeek tells prospective investors of funding pause, Bloomberg News reports 

 

Nvidia, Microsoft and other tech giants back open-source AI models  

 

China fines Trip.com $770 million over online hotel-booking monopoly 

 

US appeals court blocks part of Texas children's online safety law 

 

Trump says US to launch EU probe over 'illegal' Google fine 

 

Aerospace fights for young recruits as AI drains talent pool 

 

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