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.

The hiring could appease Trump, who has prioritised job creation and tangled with Amazon chief executive officer Jeff Bezos during the election campaign.

The hiring could appease Trump, who has prioritised job creation and tangled with Amazon chief executive officer Jeff Bezos during the election campaign.

Launched by two former Amazon employees in 2007, Flipkart has grown to become India's most valuable startup worth $15 billion in 2015.

Launched by two former Amazon employees in 2007, Flipkart has grown to become India's most valuable startup worth $15 billion in 2015.

Instagram will start to slip in ephemeral ads between stories from friends, turning the popular feature into a moneymaker for Facebook.

Instagram will start to slip in ephemeral ads between stories from friends, turning the popular feature into a moneymaker for Facebook.

Fitbit looks to the luxury market as it acquires smartwatch start-up Vector, and a new generation of wearables appear at CES.

Fitbit looks to the luxury market as it acquires smartwatch start-up Vector, and a new generation of wearables appear at CES.

From self-driving cars to artificial intelligence, CES 2017 offered not only a vision of the future, but solutions to many of the challenges facing the fashion business.

From self-driving cars to artificial intelligence, CES 2017 offered not only a vision of the future, but solutions to many of the challenges facing the fashion business.

Ma and Trump discussed plans to create 1 million new jobs in the US by helping small businesses sell goods to China.

Ma and Trump discussed plans to create 1 million new jobs in the US by helping small businesses sell goods to China.

Krishnamurthy, a former Tiger Global executive, joined Flipkart in June last year as head of its commerce unit.

Krishnamurthy, a former Tiger Global executive, joined Flipkart in June last year as head of its commerce unit.

This week, Kering CEO François-Henri Pinault discusses sustainability and a new clothing project uses printed patterns to confuse surveillance devices.

This week, Kering CEO François-Henri Pinault discusses sustainability and a new clothing project uses printed patterns to confuse surveillance devices.

Everything from helpful robots to interactive mirrors to shelves embedded with sensors; tomorrow's retail stores are taking page from their online rivals by embracing advanced technology.

Everything from helpful robots to interactive mirrors to shelves embedded with sensors; tomorrow's retail stores are taking page from their online rivals by embracing advanced technology.

This week, online rental platform Rent the Runway raises $60 million and the rise of social media app WeChat in China.

This week, online rental platform Rent the Runway raises $60 million and the rise of social media app WeChat in China.

To round off the year, we revisit the articles that sparked the most debate, yielded the biggest insights, and got the fashion industry talking in 2016. Today, we highlight some of the top stories that happened around fashion and technology.

To round off the year, we revisit the articles that sparked the most debate, yielded the biggest insights, and got the fashion industry talking in 2016. Today, we highlight some of the top stories that happened around fashion and technology.

The Italian company is debuting a set of Internet-connected spectacles next month at the Consumer Electronics Show in Las Vegas.

The Italian company is debuting a set of Internet-connected spectacles next month at the Consumer Electronics Show in Las Vegas.
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.