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CoreWeave's market value fell $33B in six weeks amid construction delays at its Denton, TX AI data center, criticism from short seller Jim Chanos, and more (Robbie Whelan/Wall Street Journal)

Robbie Whelan / Wall Street Journal : CoreWeave's market value fell $33B in six weeks amid construction delays at its Denton, TX AI d...

7 June 2025

Sources: ByteDance replaced some TikTok Shop's US staff in Seattle with China-based managers after 2024 revenue hit $9B, far short of its $17.5B goal (Bloomberg)

Bloomberg:
Sources: ByteDance replaced some TikTok Shop's US staff in Seattle with China-based managers after 2024 revenue hit $9B, far short of its $17.5B goal  —  TikTok Shop initially set a goal to increase its US e-commerce business tenfold last year to $17.5 billion in transaction volume …

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