Here’s the most relevant news this week in tech and retail.
In Tech:
- A massive 2-year security flaw in OpenSSL, Heartbleed, was discovered April 7 and affected companies scramble to patch it up – from websites to routers
- Google news. Google Glass will be available to anyone in the US for 1 day only on April 15 at 6 AM ET, sign up here for the reminder; Google can now continuously scan apps for Android users to protect against malicious code
- Dropbox news. Dropbox announces: Project Harmony, which allows for collaboration for Microsoft Office files; Mailbox for Android; and Carousel, an app for photo/video archiving and sharing
- Amazon news. Amazon introduces Dash device for scanning and adding items to Amazon Fresh shopping list; Amazon acquires Comixology, a cloud-based digital comics platform
- Twitter acquires Cover, an Android lock screen app, which displays apps on an Android lock screen based on context and historical use
In Retail:
- LVMH shares surge Thursday as company reports 9% rise in Q1 2014 like-for-like sales of its fashion and leather goods, Louis Vuitton – a good sign for Nicolas Ghesquire’s appointment as artistic director
- After closing its stores in February, Loehmann’s is set to come back online in May
- Calvin Klein owner PVH invests in Karl Lagerfeld – the minority investment will allow the company to have the “right of first offer to license the brand in North America
- Social shopping app, The Hunt, raises $10M in Series B funding led by Khosla Ventures
- Kering, owner of Gucci may acquire lifestyle and sports brands within 3 years as it assesses its Puma brand
