Temu UK Doubles Revenue and Pre-Tax Profits in E-Commerce

The UK branch of Chinese online marketplace Temu saw its revenue and pre-tax profits double last year, as UK shoppers increasingly turned to products from ultra-budget retailers.

Temu UK’s revenue reached $63.3 million (£46.4 million) last year, nearly doubling the $32 million from 2023, with pre-tax profits climbing from $2 million to $3.9 million.

Nonetheless, on the operating front, the company—registered as Whaleco UK with Companies House—reported an increase in losses from $7.9 million to $8.7 million compared to the prior year. The majority of its operating loss was attributed to “exchange losses.”

Given Temu’s modest pre-tax profit, the company contributed just $985,000 in UK corporate tax, a rise from $517,000 in 2023.

Similar to Amazon UK and Google UK, Temu’s UK operations report revenues as “service fees,” indicating that it generates revenue “through the provision of corporate support services to affiliated entities.”

While Temu experiences rapid growth in the UK, the company, alongside others like cheap fast-fashion rivals and e-commerce giant Amazon, may have to raise prices following the government’s review of tax regulations in April, which would allow small parcels to qualify for UK tax exemptions.

Current laws permit international retailers to ship parcels to the UK valued under £135 without incurring import taxes. UK retailers argue that these regulations provide unfair advantages to businesses like Temu and Shein.

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Earlier this year, Theo Paphitis indicated that retail groups—including Ryman and Robert Dyas—were contravening the measure, suggesting that the retail group would encompass Ryman and Robert Dyas.

As of August 29th, the US has already initiated steps to remove the “minimum” exemption for parcels valued under $800.

On Wednesday, the head of luxury retailer Fortnum & Mason stated that this situation would significantly elevate the costs of goods, such as high-end teas, purchased by US consumers.

In July, European Union Attorney General Michael McGrath expressed dismay at the hazardous nature of some products offered by companies like Shein and Temu.

With 12 million low-value parcels being shipped daily within the EU from online retailers outside the bloc, McGrath has committed to tightening restrictions on the sale of products that blatantly violate the law.

The EU is also contemplating the elimination of the €150 (£130) tax-free threshold and the introduction of handling fees for each parcel.

Source: www.theguardian.com

If Keir Starmer Doesn’t Feel Robotic Enough, His AI Doubles Are Here to Answer Your Questions

For those rare individuals who dream of conversing with Keir Starmer, a new AI model has arrived.

The former Chief of Staff to the Tories has developed a platform called Nostrada, designed to enable users to engage with AI representations of all 650 UK Parliament members.

Founded by Leon Emirali, who previously worked with Steve Berkeley, Nostrada is built to allow users to converse with the “digital twin” of each MP, replicating their political views and mannerisms.

This service targets diplomats, lobbyists, and the general public, helping users explore each MP’s position on various matters and find relevant colleagues.

“Politicians are never short of opinions, which provide us with ample data sources,” Emirali stated. “They have a viewpoint on everything, and the quality of an AI product relies heavily on the data it is built upon.”

The reliability of chatbots may come into question from the politicians themselves.

The Guardian challenged the digital avatars of cabinet members; most chose not to respond, while Health Secretary Wes Street’s representation voted for himself.

These models draw on a vast range of written and spoken material from politicians available online. No matter how hard you attempt to sway them, their stances won’t change. This is due to their inability to learn from new input, meaning that every interaction remains static. The Guardian aims to shed light on the nature of these AI models.

Emirali’s concept originated in 2017 when he attempted to convince conservatives to create a chatbot for then-Prime Minister Theresa May, who was nicknamed “Mabot” to provide brief overviews of key issues.

The AI is already in use among various politicians, including accounts associated with cabinet office emails as well as two distinct accounts linked to foreign embassy emails for investigating the prime minister and his cabinet. Emirali mentioned that several notable lobbying and marketing firms have utilized this technology over recent months.

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Despite the numerous applications of Nostrada, Emirali concedes that AI could be a “shortcoming” for future voters who might rely entirely on it to shape their understanding.

He remarked, “Political nuances are too intricate. AI may not be adequately comprehensive for voters to depend on fully. The hope is that for those already familiar with politics, this tool proves to be incredibly beneficial.”

Source: www.theguardian.com

Twins Struggle with Rivalry as Hollywood Doubles Down on Dual Roles in Membrane Movie

fOr, for many years, double roles have been played primarily for laughs. Think of Jack and Jill’s Adam Sandler’s Razzy Sweep Twin Turn, or Lisa Kudrow as both friends Phoebe and Ursula Buffay. Eddie Murphy has always been particularly prolific, and his most numerous performances as the clutch of clamps for Professor II of Nuts.

Of course, there are exceptions. But all legends and fame have Austin’s Powers, Bowfinger and – trembling turbit. But this year, we are giving us a more dramatic kind of overlap. Robert De Niro took a double dong job with the Alto Knights, Michael B. Jordan played twin leads in the supernatural sinner, and the pair of Robert Pattinson clones currently finds Bong Jun-ho’s Mickey 17.

And there’s more. Monkey provided horror with Theo James’ two bloody scoops. Zac Efron recently wrapped up an A24 thriller playing both a stalker and a superstar. Recently at Sundance, Dylan O’Brien played twin brothers in the dark comic drama Twinless. So, even if you ignore the genre of the film, it’s a noticeable surge in viewers who still watch the double. So why now? And how do these seemingly impossible shots come true?

“For years, filmmakers have been able to use a variety of techniques to show the actors multiple times in the same scene,” says Daniel Harrington, a London-based VFX artist and compositor. “In the parent’s trap, the split screen allowed the same actor to occupy both sides of the frame, while the social network used motion controls to portray the Winkleboss twins by repeating precise camera movements.”

However, before you tackle the technology, there is a brief history of dual roles. Because the concept is almost as old as the film itself. In 1898, pioneer Georges Méliès had already double-exposed to capture the portrait twice within the same frame. His methods jumped to feature films in 1917 when actor William Farnham performed on opposite sides of himself in Dickens’s two city tales adaptation.

The following year, Mary Pickford played dual roles in Stella Maris using new split screen technology that has been used for decades in films such as Deadlinger, Adaptation, and Double Impact of Jean-Claude Van Dam’s Asquado-Shooded Ask Ask. Altonite, more than a century later, uses similar techniques to double De Niro in a particular scene.

But today, split screening is just one of many tools in the dual-roll toybox. The most notable advance in this field was released in 1989 on the commission of future Part II and Director Robert Zemeckis’ Industrial Light and Magic (ILM) to create a vistaglide and create a motion-controlled camera dolly system for the robot.

This remains the most popular dual-roll method, Harrington says. Several mats (the individual shots that make up the final frame) are filmed with the same actor playing separate parts. This footage is then delivered to the rotoscope and paint artists. Rotoscopes and paint artists task by clearing the edges of the raw mats and then stitching the composite together into one seamless whole.

“Ultimately, the success of the fantasy depends on the synergy between onset preparation and post-production artistry,” says Harrington. “Digital effects can be increasingly refined, but when built on a strong practical foundation, they are still the most effective. Therefore, on set, consistent lighting, accurate framing, and stand-in are important to ensure seamless synthesis later. Without these elements, even the most sophisticated digital tools will struggle to create compelling results. It is teamwork, exemplified not only by films but also by television series such as Orphan Black.”

The small screen certainly earned the rewards for these technological advancements. 2025 will also be your final season, where you can also watch Netflix’s debut Twin Jamie Dornans at Underto and Twin Anna Camp. Malaki Kirby doubles for the Anansi boys on Prime Video, while Cynthia Eribo plays the same sexturette as Leanne Johnson’s poker face returns to Peacock. “And we are not solely responsible for breakthroughs, though [for this increase in dual roles]”Recent developments in AI-driven deepfakes and performance cloning have significantly reduced costs and increased production times,” says Harrington.

This deepfake method of swapping faces (Robert Pattinson’s face was digitally ported to replace Mickey 17) was another ILM gimmick developed for the 1993 Jurassic Park. Oscar-nominated VFX supervisor Theo Jones works at Framestore, a studio that worked on many of Joon-Ho’s latest products. And while Jones doesn’t think there’s a single catalyst for the current moment of a dual-roll project, “it’s probably a kind of happy accident,” he says.


Poker face Cynthia Eribo and Natasharillon
Photo: Peacock

“It wasn’t Option 10, and probably not even five years ago,” says Jones. “But even this is not optimal for dual roles. You will need to find someone with similar features and proportions. Baseline performances will come from the stand-in rather than the actor. What’s more, “Off-the-Peg” deepfake technology certainly doesn’t suit IMAX quality at the moment, so VFX work is necessary to be trusted. ”

The Framestore, revealed by Jones, states that it has developed its own “neural face rendering technology” called Facade. “But for a purely dramatic moment,” he adds. “It would be much better to use practical techniques for filming and post-production modifications to make the finished photos seamless with post-production modifications. This may include rewriting the VFX rulebook, and sometimes using techniques that exist before computers become part of filmmaking.”

It’s a great way to approach the art of dual roles. Because whether it’s an actor attracted to creative challenges or a filmmaker trying to advance the technical aspects of his craft, these twin turns have always been a joint effort. By continuing to blend old and new techniques, viewers will not only guarantee performances that dodge envelopes, but the entire concept of dual roles will remain true to its innate patchwork nature.

Source: www.theguardian.com

Throoples Dating App Feeld Sees Revenue Soar to £39.5m, Doubles Previous Year’s Earnings

The alternative relationship dating app has experienced global expansion and nearly doubled its revenue last year, thanks to non-monogamous, queer, and kinky users.

Founded by an entrepreneurial couple in an open relationship, Feeld is “on a mission to elevate the human sexual and relationship experience” from its registered office in Carlisle, Cumbria.

Feeld has surged in popularity due to the increasing interest in non-traditional relationship structures like polyamory. Last year marked its first time filing full accounts with Companies House.

The company’s revenue increased from £20.7 million to £39.5 million, with profits rising from £2.4 million to £5.5 million in 2023.

Most revenue comes from outside the UK, with £33 million in sales from overseas. The app is free to download globally but charges users for full services.

Founded in 2014 by Dimo Trifonov and Ana Kirova, Feeld (formerly 3nder) arose from their openness about their relationship.

Ana Kirova is CEO of Feeld, a company founded by her partner Dimo Trifonov. Photo: Field

Kirova joined the company early on when it faced legal issues with Tinder. She became CEO in 2023 and led a rebranding and tech upgrade to resolve initial glitches.

Company filings show ownership shifts since Kirova’s appointment, with Trifonov transferring shares to her. Previously, Trifonov owned the majority of shares.

Feeld’s growth involves strategic decisions rather than aggressive expansion. The company values member feedback and aims to support their personal journeys.

The company’s innovative approach has set it apart in the dating app industry, reflecting changing trends and member response.

Feeld’s growth story includes overcoming challenges, like a lawsuit from Tinder, to expand its team from eight in 2016 to nearly 50 employees.

Source: www.theguardian.com