Here’s what you need to know this week in tech and retail.
In Tech:
- Apple’s Beats by Dre acquisition finalized at $3B
- Google reveals electric-powered driverless cars
- Mary Meeker’s 2014 Internet trends report is out, with big emphasis on mobile growth
- Spotify is the latest victim in security breaches, says only one user was affected
- Elon Musk and SpaceXunveils new Dragon spacecraft for manned spaceflight
In Retail:
- Michael Kors reports fourth fiscal quarter revenue growth of 54%
- Flipkart of India raises another $210Mafter Myntra acquisition
- Coupang, South Korea’s Amazon, raises $100M with a $1B valuation, led by Sequoia
- Amazon finally addresses dispute with Hachette publisher in a blog post
- Thomas Tait wins first LVMH Young Designer Award
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