There were more headwinds today for China’s already-slumping consumer and e-commerce demand, after Walmart announced it was completely offloading its stake in JD.com and bargain retail giant Shein hit Temu with a lawsuit. Plus, the AI startup darling Anthropic is now facing a new class-action lawsuit, accusing it of copyright infringement and stealing the work of hundreds of thousands of books.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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