Daily LInks
1. How copyright law could threaten the AI industry in 2024. Judges so far have been skeptical of the plaintiffs’ infringement claims based on the content generated by AI. But courts have not yet addressed the trickier question of whether AI companies are infringing on a massive scale by training their systems with reams of images, writings and other data scraped from the internet. – Read More on Reuters
2. Coupang Will Soon Discover Farfetch’s Luxury Marketplace Is a Loser. Since going public in 2018, Farfetch has proven to be a black hole undone by grand ambitions without the discipline to achieve them, if that is even possible. – Read More on Forbes
3. RELATED READ: From the Future of Fashion to the Brink of Collapse, What Happened to Farfetch? Were it not for the positive effects of the pandemic, Farfetch would likely “have run out of cash and/or otherwise struggled to remain a viable business entity much earlier, in 2019 or 2020.” – Read More on TFL
4. TikTok eyes $17.5 billion shopping business on Amazon’s turf. TikTok’s ambitious target sets up a clash not just with Amazon but also fellow Chinese-owned budget retail outfits Temu and Shein, which have been making big strides among younger American shoppers. – Read More on SCMP
5. Big Fashion Still Hasn’t Figured Out How to Pay a Living Wage. Western fashion companies say they want wages to rise, but can’t wave a wand and make it happen. They generally don’t own the factories where their products are made and don’t determine pay for workers. – Read More on WSJ
6. Healthy spending signals a strong 2024 M&A market. Around two-thirds of dealmakers say that they’re expecting M&A activity to grow beyond what was seen in 2023, according to a KPMG M&A survey. About 7 in 10 say they’re in the process of closing a deal right now. – Read More on Axios
