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Sources: Shein’s 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shein to cut pre-IPO valuation from $66B to ~$30B (Financial Times)
Apple abandons the budget phone market with the iPhone 16e; sources: the M4 MacBook Air may launch in March and Apple may eventually meld the modem and main CPU (Mark Gurman/Bloomberg)
Some US school districts are adopting Sonny, an AI “wellbeing companion,” to provide mental health support to students when there aren’t enough counselors (Julie Jargon/Wall Street Journal)

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