TechTaffy

tech:

taffy

Rebagg Raises $8M

By TechTaffy Desk

Rebagg has closed $8 million in a Series A funding round, led by existing investor General Catalyst. FJ Labs (the holding company of Fabrice Grinda and Jose Marin), Metamorphic Ventures, Crosslink Capital, Founder Collective and Big Sur Ventures-Necotium.

Rebagg purchases pre-owned designer handbags from individual owners, who submit pictures to Rebagg in exchange for a guaranteed price quote. Once the quote is accepted by the owner, the product is either picked up via free courier in New York City, or is shipped for free within the United States.

[Image courtesy: Rebagg]

Just in

Around the web

U.S. bans noncompete agreements for nearly all jobs — NPR

The Federal Trade Commission narrowly voted Tuesday to ban nearly all noncompetes, employment agreements that typically prevent workers from joining competing businesses or launching ones of their own, writes Andrea Hsu. 
AI

The Coca-Cola Company commits $1.1B to Microsoft Cloud and AI partnership

The Coca-Cola Company and Microsoft announced a five-year partnership on Tuesday. As part of the collaboration, Coca-Cola has committed $1.1 billion to Microsoft Cloud and generative AI capabilities. 
Industry

Silicon Labs appoints Radhika Chennakeshavula as CIO

Silicon Labs has appointed Radhika Chennakeshavula as chief information officer.
Around the web

Apple deletes WhatsApp, Threads from China app store on orders from Beijing — CNN

Apple has removed WhatsApp and Threads from its app store in China, following an order from the country’s internet watchdog, writes Juliana Liu.
Industry

Singtel, Vonage partner to integrate Paragon platform

Singtel has announced a partnership with Vonage, a cloud communications company and subsidiary of Ericsson, to help enterprises and telcos innovate and scale their services through Singtel's orchestration platform, Paragon.