TechTaffy

tech:

taffy

Fab.com Buys FashionStake

By TechTaffy Desk

[Techtaffy Newsdesk]

Fab.com has acquired NYC-based FashionStake, an online marketplace for independent fashion, for an undisclosed sum. FashionStake cofounders Vivian Weng and Daniel Gulati will be joining the Fab team, says  Jason Goldberg, founder and chief executive officer at Fab.com. The FashionStake site now points to Fab.com.

Fab.com opened its online shop in June 2011. Seven months later, there are 1.65 million users, and 350,000 people have signed up in the last month alone, says Mr. Goldberg. 750,000 products have been sold.

 

Just in

AI

Generative AI arrives in the gene editing world of CRISPR — NYT

New AI technology is generating blueprints for microscopic biological mechanisms that can edit your DNA, pointing to a future when scientists can battle illness and diseases with even greater precision and speed than they can today, writes Cade Metz.
AI

Estée Lauder, Microsoft to build AI Innovation Lab

The Estée Lauder Companies (ELC) and Microsoft Corp. announced the creation of an AI Innovation Lab to expand their global strategic relationship.
Around the web

Mark Zuckerberg says Meta will offer its virtual reality OS to hardware companies, creating iPhone versus Android dynamic — CNBC

Meta will partner with external hardware companies, including Lenovo, Microsoft and Asus, to build virtual reality headsets using the company’s Meta Horizon operating system, writes Kif Leswing. 
IT

Nvidia to acquire Run:ai

Nvidia announced an agreement to acquire Run:ai, a provider of Kubernetes-based workload management and orchestration software.
Around the web

Windows 11 Start menu ads are now rolling out to everyone — The Verge

Microsoft is starting to enable ads inside the Start menu on Windows 11 for all users, writes Tom Warren.