Fashion CEO Hunsicker Gets Five Years for $300 Million Fraud
Christine Hunsicker, founder of the fashion-rental and technology company CaaStle Inc., was sentenced to five years in prison for defrauding investors out of $300 million.

This week, how Lauryn Morris fused fashion and tech to design Snapchat Spectacles, while Tag Heuer and Fossil go all-in on smartwatches.

This week, how Lauryn Morris fused fashion and tech to design Snapchat Spectacles, while Tag Heuer and Fossil go all-in on smartwatches.

Facebook has been amping up its camera tool to take on Snapchat's features such as disappearing messages and face-tracking filters, which are hugely popular among its teenage and millennial users.

Facebook has been amping up its camera tool to take on Snapchat's features such as disappearing messages and face-tracking filters, which are hugely popular among its teenage and millennial users.

An American ‘sewbots’ start-up has become the symbol of a new industrial revolution in garment manufacturing. What does the rise of automation mean for the business of fashion and the wider world?

An American ‘sewbots’ start-up has become the symbol of a new industrial revolution in garment manufacturing. What does the rise of automation mean for the business of fashion and the wider world?

The company said an unauthorised individual installed malicious software designed to capture card information on some of its payment processing systems.

The company said an unauthorised individual installed malicious software designed to capture card information on some of its payment processing systems.

After reporting revenue and user growth that missed estimates, Snap Inc CEO Evan Spiegel spoke as if the quarter was a success deflecting questions and concerns by explaining that people may just not understand the value of his platform yet.

After reporting revenue and user growth that missed estimates, Snap Inc CEO Evan Spiegel spoke as if the quarter was a success deflecting questions and concerns by explaining that people may just not understand the value of his platform yet.

Further investigations in the e-commerce sector would be launched by the European Commission after it discovered business practices that restrict competition.

Further investigations in the e-commerce sector would be launched by the European Commission after it discovered business practices that restrict competition.

This week, portable scanning devices are exposing counterfeit luxury goods, while virtual makeover technology helps bolster makeup sales.

This week, portable scanning devices are exposing counterfeit luxury goods, while virtual makeover technology helps bolster makeup sales.

In the last week, two very different digital brands have announced partnerships with traditional media giants that will land them on newsstands with printed magazines. Why?

In the last week, two very different digital brands have announced partnerships with traditional media giants that will land them on newsstands with printed magazines. Why?

This week, Amazon introduces a new incarnation of its Alexa voice assistant aimed at fashion lovers, while AR and VR prove useful to retailers in very distinct ways.

This week, Amazon introduces a new incarnation of its Alexa voice assistant aimed at fashion lovers, while AR and VR prove useful to retailers in very distinct ways.

Amazon has unveiled a voice-controlled camera, the Echo Look, and an app that recommends which of two outfits is best, using fashion specialists' advice and algorithms that check for the latest trends.

Amazon has unveiled a voice-controlled camera, the Echo Look, and an app that recommends which of two outfits is best, using fashion specialists' advice and algorithms that check for the latest trends.

This week, Google’s expanding array of ad formats is a prime driver of profits, while smart-lock maker August tries to jumpstart the e-commerce industry with a unique home-delivery model.

This week, Google’s expanding array of ad formats is a prime driver of profits, while smart-lock maker August tries to jumpstart the e-commerce industry with a unique home-delivery model.

The rates charged will be about 2.4 percent per swipe, and the device will compete with the likes of Square Inc's card reader, which costs merchants at least 2.75 percent per swipe.

The rates charged will be about 2.4 percent per swipe, and the device will compete with the likes of Square Inc's card reader, which costs merchants at least 2.75 percent per swipe.
Christine Hunsicker, founder of the fashion-rental and technology company CaaStle Inc., was sentenced to five years in prison for defrauding investors out of $300 million.
Prosecutors compared Christine Hunsicker to Elizabeth Holmes as they sought a 12.5 year prison sentence in the $300 million securities fraud case.
The ruling is the first by a federal appeals court to address whether AI agents acting on behalf of users can legally access online platforms.
The Franco-Italian eyewear maker reported a 15 percent rise in first-half profit, beating expectations, while revenue growth was driven by strong demand for AI-enabled glasses myopia products.
Eurocommerce, whose members include H&M and Inditex, argued AI-generated ads should be exempt from a rule requiring disclosure of AI use.
The companies are collaborating with eyewear makers Warby Parker and Gentle Monster.
The AI-powered styling and shopping app raised a $5.5 million Series A as it looks to expand.
The tool generates product comparisons or suggestions and will appear by default starting this week for US-based users.