Here’s what you need to know this week in tech and retail.
In Tech:
- Apple plays catch-up against competitors in its WWDC 2014 announcements: fully integrated iCloud Drive, home automation HomeKit, hands-free Siri, fitness tracker HealthKit, calling via iMessage on the Mac and even a new programming language, Swift
- There is another OpenSSL bug that could be bigger than Heartbleed
- Amazon is rumored to launch a 3D smartphone on June 18 in Seattle
- Google calls for more email security, releases the source code for email encryption browser plugin dubbed End-to-End
- If you were still uncertain about what net neutrality is, John Oliver‘s rant could finally enlighten you; FCC gets flooded with 22,000 comments
In Retail:
- UK online retailer ASOS sheds £1.2B off its market value as company misses full-year profit forecasts by 30%
- J. Crew Group reports a first quarter net loss of $30.1M, down from last year’s first quarter net income of $29.3M
- Prada‘s first quarter net income fell 24% to $144M, share price drops 6.9%
- China e-commerce giant Alibaba buys 50% stake on a soccer team, the Guangzhou Evergrande
- Diane von Furstenberg designs for Google Glass; unveils collection at the runway for Resort 2015