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Source: Sam Altman's Merge Labs, which seeks to read brain activity using ultrasound, is being spun out of LA-based nonprofit Forest Neurotech (Emily Mullin/Wired)

Emily Mullin / Wired : Source: Sam Altman's Merge Labs, which seeks to read brain activity using ultrasound, is being spun out of LA-...

31 January 2024

Bernstein estimates PDD spent ~$3B on marketing Temu in the US in 2023; the Chinese group says Temu has 70M MAUs in the US, versus an estimated 13M in Jan. 2023 (Financial Times)

Financial Times:
Bernstein estimates PDD spent ~$3B on marketing Temu in the US in 2023; the Chinese group says Temu has 70M MAUs in the US, versus an estimated 13M in Jan. 2023  —  High-spending marketing push by PDD Holdings-owned internet marketplace leads to doubts over growth strategy

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