Here are the most relevant news in tech and retail this week:
In tech:
- The FCC approves a proposal for network operators to charge Web sites for “fast lane”; a drawback for net neutrality supporters
- Pinterest raises $200M in Series F financing at a valuation of $5B to spend on Visual Web
- New York judge throws out subpoena to Airbnb requesting for hosts’ information
- Google Glass is now available to everyone in the US for $1500; new head and former retail exec Ivy Ross leading the division
- Photos of Apple‘s iPhone 6 are leaked, with a bigger screen and thinner design
In Retail:
- US retail sales are flat for April 2014 according to Census Bureau
- Walmart has weakest sales growth in 5 years, blames bad winter weather
- H&M launches US online store for higher quality line COS (Collection of Style); reports 17% sales rise in April
- Luxury brand The Row from the Olsens opens its first flagship store in LA
- Richemont, owner of Cartier and Piaget brands, reports 2.9% annual profit increase
