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Fashion startup CaaStle appears to be in trouble

Fashion startup CaaStle appears to be in trouble

​CaaStle, a startup that launched in 2011 as a plus-sized clothing subscription service and in 2018 became an inventory monetization platform for clothing retailers, is facing financial difficulties, reports Axios. The company is almost out of money, CEO Christine Hunsicker has resigned, and law enforcement is investigating alleged financial misconduct, Axios reported, citing a leaked […]  

OpenAI raises $40B at $300B post-money valuation

​OpenAI on Monday announced that it closed one of the largest private funding rounds in history. According to a blog post on the company’s website, OpenAI raised $40 billion in a tranche that values the company at $300 billion post-money. SoftBank led the round, CNBC reported. Other participants included Microsoft, Coatue, Altimeter, and Thrive. “[This] […]  

Hillary Clinton joins Bluesky

​Former Secretary of State Hillary Clinton has joined Bluesky, following in the footsteps of former president Barack Obama, who made his first post on the platform last week. Clinton confirmed her Bluesky account’s legitimacy in an Instagram story and a post on X. In her introductory post, Clinton wrote about the Wisconsin Supreme Court election […]  

Some Alexa+ features reportedly won’t arrive for months

​Amazon has delivered on its promise to launch an upgraded Alexa experience, Alexa+, by the end of March. But the service reportedly lacks many of the features Amazon demoed at a press event in late February. Alexa+ can’t yet perform certain “agentic” AI tasks showcased in the company’s marketing, like ordering takeout on Grubhub or […]