Daily spending dips, but China’s 618 shopping fest sets record with all-time high sales

Daily spending dips, but China’s 618 shopping fest sets record with all-time high sales

China’s largest mid-year shopping festival, 618, ended on Wednesday with record sales, though daily spending dropped amid an extended sales period aimed at enticing consumers to part with more of their hard-earned money. The longer sales period helped the combined gross merchandise value (GMV), a business metric commonly used in e-commerce, reach an all-time high…

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Daily spending dips, but China’s 618 shopping fest sets record with all-time high sales

Warren Buffett’s AI legacy: Apple and Amazon now make up a fifth of Berkshire’s $282 billion portfolio

Billionaire investor Warren Buffett has long steered clear of Silicon Valley’s flashiest trends. But as he prepares to step down as chief executive of Berkshire Hathaway later this year, the investment firm he built is now deeply exposed to the engine driving today’s technology boom: artificial intelligence. Apple and Amazon, two companies at the heart…

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Apple braces for turbulent WWDC amid technical, regulatory storm | The Express Tribune

Apple braces for turbulent WWDC amid technical, regulatory storm | The Express Tribune

Listen to article Apple is facing an unprecedented set of technical and regulatory challenges as some of its key executives are set to take the stage on Monday at the company’s annual software developer conference. On the technical side, many of the long-awaited artificial-intelligence features Apple promised at the same conference a year ago have been delayed…

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