Daily LInks
1. E-Commerce Giants Rush to Roll Out ‘Full-Service’ Business Model. E-commerce platforms worldwide, including Chinese-owned fast-fashion rivals Shein and Temu, are embracing a novel business model that offers merchants the advantages of selling their goods overseas at a lower cost and higher convenience. – Read More on Caixin Global
2. RELATED READ: As TikTok Prepares for U.S. E-Commerce, Could it Be Looking to Luxury Resale? A number of signs suggest that TikTok might make a fully-fledged luxury resale play as part of its impending stateside e-commerce push. – Read More on TFL
3. China’s uneven recovery may deepen demand worries for U.S. luxury goods makers. “Everyone had expected China to come back a little bit more strongly in terms of the rebound post COVID than it has so far. This has clearly led to some need to reset expectations for companies that have a lot of exposure there,” said Raymond James analyst Olivia Tong. – Read More on Reuters
4. Why it’s impossible to build an unbiased AI language model. AI language models reflect not only the biases in their training data, but also the biases of people who created them and trained them. – Read More on MIT Tech Review
5. Google fails to end $5 billion consumer privacy lawsuit. A U.S. judge rejected Google’s bid to dismiss a lawsuit claiming it invaded the privacy of millions of people by secretly tracking their internet use. – Read More on Reuters
