Recent claims reveal that some AI startups inflate ‘ARR’ metrics using contracted revenue, misleading investors and journalists about growth and valuation.
How VCs and founders use inflated ‘ARR’ to kingmake AI startups
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Shein Buying Everlane Actually Makes Perfect Sense
Shein has finalized its purchase of Everlane, signaling a shift toward brand ownership for Chinese ecommerce giants amid changing global trade policies.
Class-action price-fixing lawsuit targets hard drive component makers as costs skyrocket — 13-year scheme allegedly drove up prices for major HDD brands
A U.S. class-action lawsuit accuses major suspension assembly makers of price-fixing, potentially impacting HDD prices and offering compensation to affected buyers.
Global infrastructure funding doubles over 5 years, led by Japanese banks
Worldwide infrastructure project financing has doubled over the past five years, with Japanese banks, led by MUFG, at the forefront of this growth.
US arms sales to Taiwan on ‘pause’ due to Iran war, acting Navy chief says
U.S. Navy acting chief confirms arms sales to Taiwan are on hold amid Iran conflict, raising questions over future military aid to Taipei.
The Death of Entry-Level Jobs: 43% of CEOs plan to slash junior roles over the next two years, shifting hiring to older, mid-level workers as Al takes over routine tasks, creating a catastrophic bottleneck for the future workforce.
A new survey shows 43% of CEOs intend to reduce junior roles over the next two years, driven by AI automation and organizational restructuring.
Worker confidence hits record low as AI threatens jobs, global report finds
A new report reveals worker confidence is at an all-time low as fears of AI replacing jobs grow worldwide, impacting economic outlooks and labor markets.
Indonesian commodity exporters flag myriad hurdles in state monopoly push
Indonesian authorities’ move to monopolize coal, palm oil, and nickel exports faces industry resistance amid legal and contractual concerns.
Editor’s Choice: Nvidia and Asia’s three chip giants cash in on AI gold rush
Nvidia, TSMC, Samsung, and SK Hynix report record earnings amid AI chip demand, highlighting a historic industry surge with widespread economic impacts.
The IBM-ification of Google?
Analysts observe Google adopting strategies similar to IBM’s decline, raising concerns about its future relevance amid internal and external challenges.
