What Shein’s Cybersecurity Probe Means for Its IPO Dreams

WSJ Tech News Briefing

The Wall Street Journal

News, Tech News

4.3 • 1.7K Ratings

🗓️ 18 January 2024

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

China’s powerful internet regulator has opened a cybersecurity review of fashion giant Shein. Though the company is based in Singapore and doesn’t sell its products in China, it has important connections to the country through its network of suppliers. The probe could be an important step ahead of Shein’s planned IPO on the New York Stock Exchange. WSJ China tech editor Liza Lin tells host Alex Ossola about the probe, and its potential impact. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This episode is brought to you by Shopify.
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0:24.3	Co-DeeK slash Special Offer.
0:27.2	Welcome to Tech News Briefing. It's Thursday January 18th. I'm Alex Osila for the Wall Street Journal.
0:37.0	On today's show, Generative Artificial Intelligence comes for the smartphone industry, but will consumers buy it?
0:43.6	We'll find out how Samsung is using AI in its latest Galaxy devices and what it could mean
0:48.7	for the next generation of smartphones from W.S.J. reporter Miles Cooper.
0:53.8	And then fashion giant Sheehan is facing new regulatory scrutiny from China's powerful internet
0:59.4	watchdog over the way the company handles data.
1:02.2	How could this affect Sheehan's planned blockbuster IPO in the U.S?
1:06.0	We'll hear from W.S.J. China Tech Editor Lisa Lynn.
1:09.0	But first, it may already feel like generative AI is everywhere, but smartphones haven't really
1:17.6	embraced the tech on a large scale until now. A new line of Samsung Galaxy phones
1:22.4	includes features powered by both Samsung's own generative
	...

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