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1. Facebook Buys Oculus, Virtual Reality Gaming Startup, For $2 Billion

“Mobile is the platform of today, and now we’re also getting ready for the platforms of tomorrow,” Zuckerberg said in a statement. “Oculus has the chance to create the most social platform ever, and change the way we work, play and communicate.”

2. Prada Creates Bespoke Shoe Service

Luxury brand Prada is offering a bespoke service at its London store for two days with their ‘Made to Order Décolleté’ collection.

3. Eres Partners With Net-a-Porter

Starting Friday, the Eres spring collection will be available for worldwide purchase via Net-a-Porter. The brand has entered into a partnership with the luxury e-tailer because “they cater to luxury customers, are a major player on the Internet, and the way they treat the brands is quite up to the level of Eres.”

4. Instagram Testing Facebook Places Integration To Replace Foursquare

Instagram is testing location tagging using Facebook Places rather than Foursquare, possibly “to determine whether Foursquare’s API actually lives up to its hype, or whether its value can be duplicated by a larger competitor.”

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  1. Facebook Follows Amazon and Google Into Drones With $60 Million Purchase
    Facebook is buying drone maker Titan Aerospace for $60 million.
  2. Gucci Focuses on Handbags with Sci-fi Social Video
    Italian atelier Gucci is putting the focus on its spring handbags with a new social video sporting a dark nightclub theme.
  3. China’s Luxury Boom Moves to the Web
    As the overall sector struggles amid a government crackdown on ostentatious spending and gift-giving, the urge to splurge online is growing strong.
  4. Basis Goes To Intel For Around $100M
    Intel has won the Basis auction, we’re hearing, at a price of around $100 million, according to one source. A second source pegs the deal at closer to $150 million.

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  1. WhatsApp: Facebook Acquires Messaging Service in $19bn Deal
    Massive purchase is Facebook’s largest ever and comes after Google reportedly made $1bn offer for the company last year.
  2. eBay brings virtual fitting room into living rooms with PhiSix buy
    E-commerce company eBay Inc. has purchased virtual fitting room creator PhiSix Fashion Labs, giving its clothing shoppers the option to try on clothes before buying.
  3. 4 Startup Tech Trends to Look for in 2014
    2014 is off to a great start, and these four tech trends look to be a major component in the direction of startup tech companies this year.
  4. Innovation: first Porter call
    Running IT for a company built on quality and innovation would be enough pressure to turn many a CIO away.

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  1. Instagram Makes Big Play at New York Fashion Week
    The social-media platform, which is owned by Facebook, has stepped up its involvement in the eight-day runway sprint with a handful of initiatives designed to encourage picture taking and posting.
  2. Shopgate Acquires MagCorp to Bolster M-Commerce Magento Integration
    Germany and Palo Alto-based m-commerce platform Shopgate has made its first acquisition: The Creathor Ventures and Northcap-backed company has acquired Magento developer MagCorp for an undisclosed fee.
  3. Mercedes-Benz Fashion Week New York Fall 2014
    New York Fashion Week is well underway and what we’ve seen on the runway’s so far has us crying out for more. See all the top NYFW coverage.
  4. Beats by Dre X Alexander Wang Collaboration
    One of the biggest names in fashion right now, AlexanderWang, has teamed up with Beats by Dre for an exclusive capsule collection of music accessories.

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  1. Rocket Internet-Backed Fashion Site Zalora to Launch Marketplace in Asia
    Zalora, a fashion e-commerce site that has raised $238 million from investors such as Rocket Internet and Access Industries, plans to launch its marketplace in South East Asia early this year.
  2. Why We Heart It Could be the Next Big Social Network
    For a taste of who uses the image-based social network We Heart It, look no further than Facebook.
  3. The Best British Startups
    Britain’s tech economy stretches way beyond London. From Edinburgh and Newcastle to Bristol and Brighton, digital clusters are thriving. We highlight some of the best.
  4. Anna Wintour, “The Fashion Fund” to Air on Cable
    Condé Nast’s artistic director and editor in chief of Vogue will star in the newest iteration of “TheFashion Fund,” a televised documentary that lifts the curtain on the CFDA/Vogue Fashion Fund competition.

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  1. Facebook’s Silent Autoplay Video Ads Require Custom Content to Shine
    Facebook could have made it easy for advertisers to port their TV commercials or online pre-rolls into its new video ad unit. Instead, it’s spawned a fresh video ad format designed to minimize disruption to the user experience.
  2. Everlane: “You don’t Need to Pay a 7X Markup for High Quality Fashion”
    A basic t-shirt costs $7.50 to make and could retail for $50 or $60 at a boutique. That math just didn’t add up for Michael Preysman, co-founder of Everlane.
  3. Look at These Clothes Made of 3D Printed Chainmail!
    Unlike 3-D printed chainmail and other pseudo-textiles, Kinematics gives designers the ability to specify a balance between structure and flow.
  4. Slice Now Lets You Track All your Online Purchases from your iPad
    Thus far, Slice has been available for iPhone, Android, and the Web. But from today, it’s available for iPad too.

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  1. eBay Brings its Shoppable Window to American Malls
    Westfield partners with online auction site to bring digital storefronts to San Francisco.
  2. Signifyd Shows that the Mobile Shopping Stampede is More like a Slow, Cautious Gilt
    Signifyd released some data concerning the many ways in which consumers shop online.
  3. Soldsie Expands from Facebook-Based E-Commerce to Include Support for Instagram
    E-commerce startup Soldsie, which previously focused only on businesses selling to their Facebook Page visitors, will now bring similar functionality to Facebook-owned Instagram.
  4. Cyber Monday Every Day as iPhone Users Shun Retail Stores
    Cyber Monday, billed as one of the busiest online-commerce days of the year, is spilling into the rest of the holiday season as more consumers use mobile devices to shop whenever they please.

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  1. Rejecting Billions, Snapchat Expects a Better Offer
    What business makes no money, has yet to pass its third anniversary and just turned down an offer worth billions of dollars
  2. Shoppable Kate Spade Ad Turns Clicks into Purchases
    The brand’s new campaign features a rolling display of purchaseable items featured in the video.
  3. Ex-Fab Exec Starts Online Discounter Lesera
    German serial entrepreneur Roman Kirsch, who sold shopping club Casacanda to Fab in the first of that company’s international acquisitions, is starting a new venture: online discount store Lesara.
  4. Valentino Targets Global Audience by Live-Streaming Shanghai Collection
    Italian fashion house Valentino is taking an unconventional approach to promote the opening of its new store location in Shanghai.

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  1. eBay Adds 200 “Trendsetter” Star Curators, More Social Features to its Marketplace
    The influence of social media continues to extend beyond platforms like Facebook and Twitter, and now, eBay is throwing its hat into the ring.
  2. Harper’s Redesigns its Website and Embraces Branded Content
    Harper’s Bazaar is joining the growing list of media properties whose publishers are supplementing more traditional forms of advertising with sponsored content.
  3. Who Killed the Magazine App?
    The Association of Magazine Media (MPA), the magazine publishers trade group,this month reported some seemingly encouraging results for an industry that’s become all too used to bad news.
  4. NorthFace Cashes in on High-Tech Gear and Mountain Cred
    A risky bet on hard-core climbers, skiers, and other outdoor enthusiasts is paying off for North Face…

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  1. Fashion Week Social Media Lessons Learned
    During Fashion Week, Twitter, Facebook, Tumblr, Instagram, Pinterest and every other form of social media have been inundated with live-streams, tweets, posts and pins…
  2. Fifth & Pacific Sells Juicy Couture Brand for $195 Million
    Fifth & Pacific Cos Inc on Monday said it has agreed to sell its once-popular Juicy Couture business to Authentic Brands Group.
  3. Top 10 Luxury Brand Mobile Campaigns of Q3
    Luxury marketers called for greater participation and enacted educational endeavors to transform ordinary fans into loyalists and increase global awareness via mobile.
  4. All the Tech News You Shouldn’t Miss from the Past Month in Latin America
    Latin America’s startup scene had a busy month of September, with a flurry of deal announcements and corporate launches. Here’s a recap of the news you don’t want to miss.
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