Paris authorities on Wednesday deployed riot police for the unveiling of Shein's first bricks and mortar store in the world, as controversy swirled over the Asian e-commerce giant's fast fashion and sale of childlike sex dolls online. Just days before the planned opening, a new controversy erupted over the sale of childlike sex dolls on Shein's platform.
Asian markets gained on Friday, bucking retreats on Wall Street as the dollar advanced and markets reopened following the New Year's holiday. The Wall Street losses were driven in part by disappointing results from Tesla, which slumped 6.1 percent after fourth-quarter auto sales lagged expectations.
Apple has agreed to pay $95 million to settle a lawsuit accusing its digital assistant Siri of listening in on users' private conversations. A class action lawsuit filed five years ago accused Siri of listening in on private conversations of people with iPhones, iPads, HomePods or other Apple devices enhanced with the digital assistant.
The South Korean co-founder of Terraform Labs appeared in a New York court on Thursday to face fraud charges stemming from the multi-billion-dollar collapse of his cryptocurrency company. Kwon, who is also wanted in South Korea, is charged in the United States with commodities fraud, securities fraud, wire fraud and money laundering and faces up to 130 years in prison if convicted of all charges.
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