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Sources: Shein's 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shein to cut pre-IPO valuation from $66B to ~$30B (Financial Times)

Financial Times : Sources: Shein's 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shei...

18 June 2024

Qualcomm agrees to pay $75M to resolve a suit from shareholders accusing it defrauding them by hiding its alleged anticompetitive sales and licensing practices (Jonathan Stempel/Reuters)

Jonathan Stempel / Reuters:
Qualcomm agrees to pay $75M to resolve a suit from shareholders accusing it defrauding them by hiding its alleged anticompetitive sales and licensing practices  —  Qualcomm (QCOM.O) agreed to pay $75 million to resolve a lawsuit in which shareholders accused the chipmaker of defrauding …

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