Tag: Marketplace

BusinessInternational Business and Trade

Shein Reports Revenue Growth Amid Profit Decline and Trump Tariff Uncertainty

Fast-fashion giant Shein reported 20% revenue growth reaching $37bn while profits fell 13% to $1.5bn. The company warns of increasing uncertainties from evolving US tariff policies and faces allegations of aggressive tax avoidance through international corporate structures.

Revenue Growth Contrasts with Profit Decline

Fast-fashion retailer Shein has reportedly achieved significant revenue growth while facing profit challenges, according to newly released accounts. The Singapore-based company recorded a 20% increase in global revenues to $37bn, but pre-tax profits fell by 13% to $1.5bn last year from $1.3bn in 2023. Sources indicate that increased selling and marketing costs contributed to the profit decline even before the impact of recent changes to tariff policies.

by Elisa Romero
AI ImpactBusiness

Meta Revives Facebook Job Board Amid AI-Driven Employment Shifts

As artificial intelligence reshapes workforce dynamics, Meta brings back Facebook’s job board feature. This comprehensive guide examines the platform’s capabilities, restrictions, and strategic positioning during technological transformation.

In a landscape where artificial intelligence is rapidly transforming employment patterns, Meta Platforms has made the strategic decision to reintroduce its dedicated job board feature on Facebook. This development arrives at a particularly consequential moment, as AI implementation accelerates workforce restructuring across multiple sectors. The revival represents both a practical tool for job seekers and employers and a fascinating case study in corporate adaptation to technological disruption.

The Facebook Jobs Platform: Features and Functionality

by Nathan Cole
Assistive TechnologyBusiness

The New Gilded Age: Tech Titans And The Echo Of History

Today’s tech titans control digital infrastructure much like 19th century industrialists dominated railroads and oil. This comparison reveals striking parallels in wealth concentration, worker conditions, and political influence between our era and the original Gilded Age.

The striking parallels between today’s technology billionaires and the industrial magnates of the original Gilded Age reveal a troubling pattern of wealth concentration, infrastructure control, and political influence that echoes across centuries. As we navigate the digital transformation reshaping our world, the comparison between these two eras of unprecedented technological advancement and economic disruption becomes increasingly relevant for understanding our current social and economic landscape.

The Industrial Revolution Foundations

by Nathan Cole