This new fashion-forward Target is a glimpse of the retailer’s future

This week, a new fashion boutique quietly opened in SoHo. Much like its neighbors, H&M and American Eagle, the new shop features racks of affordably priced, trendy apparel. You’d be forgiven for thinking it was another fast fashion label, but it’s not: it’s Target. Target has retrofitted its existing SoHo store as a “design-forward conceptContinueContinue reading “This new fashion-forward Target is a glimpse of the retailer’s future”

Crypto founder Do Kwon sentenced 15 years in prison for $40 billion Terraform Labs fraud

Onetime cryptocurrency mogul Do Kwon was sentenced Thursday to 15 years in prison after a $40 billion crash revealed his crypto ecosystem to be a fraud. Victims said the 34-year-old financial technology whiz weaponized their trust to convince them that the investment — secretly propped up by cash infusions — was safe. Kwon, a Stanford graduate knownContinueContinue reading “Crypto founder Do Kwon sentenced 15 years in prison for $40 billion Terraform Labs fraud”

Apple loses contempt ruling appeal, but could revisit iPhone app fees

A federal appeals court on Thursday backed a ruling that held Apple in civil contempt for brazenly defying an order designed to open its iPhone app store to other payment systems besides its own, but the decision also reopened a door for the company to collect commission from the rival options. The unanimous decision byContinueContinue reading “Apple loses contempt ruling appeal, but could revisit iPhone app fees”

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