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Month: August 2019

How two friends built Revolve into a fashion empire with Instagram influencers

How two friends built Revolve into a fashion empire with Instagram influencers

Two young tech co-workers named Michael, who knew absolutely nothing about fashion, unexpectedly found themselves in the rag bin of the dot-com bust at the beginning of the century. Now they’re running one of the fastest-growing e-commerce clothing companies in the nation: Revolve Group. It was valued at nearly $. billion when it recently went public and, despite a snag here and there, is headed to more than $ million in sales this year. Michael Mente, , and Mike Karanikolas,…

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New York City Bus, Subway Riders Could Face Service Cuts in Fall

New York City Bus, Subway Riders Could Face Service Cuts in Fall

The head of the Metropolitan Transportation ity said the agency is considering possible service reductions to New York City’s subway and bus system this fall to help alleviate a budget deficit. MTA Chairman and CEO Patrick Foye said during a board meeting Friday that there could be “guideline service reductions” targeting some of the less burdened parts of the city’s transit system come September but didn’t provide further details on what that would mean. “That is painful for all of…

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Intel pulls the plug on Omni-Path networking fabric architecture

Intel pulls the plug on Omni-Path networking fabric architecture

Intel’s battle to gain ground in the high-performance computing HPC market isn’t going so well. The Omni-Path Architecture it had pinned its hopes on has been scrapped after one generation. An Intel spokesman confirmed to me that the company will no longer offer Intel OmniPath Architecture O products to customers, but it will continue to encourage customers, OEMs, and partners to use O in new designs.  “We are continuing to sell, maintain, and support O. We actually announced some new…

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