Pre-used Gucci has found its home... The RealReal is your verified 2nd-hand luxury online mall — it's got 100 real-life human experts checking that the Chanel bag is 100% Chanel, giving Millennials guilt-free, lower-cost, and high-end all in one place. The fashion reseller's shares jumped 45% on its IPO as investors hope a fancy e-thrift-store concept can scale.
Friends ➡️ frenemies ➡️ enemies... A report about Amazon shipping blew our minds — the percentage of packages it ships itself has grown from 17% just 2.5 years ago to 48% today. And it will continue taking more business away from UPS, FedEx, and the US Postal Service since it ships faster: Thanks to its superior data, Amazon-delivered packages arrive in 3.2 days vs. the competition's 6 days.
Bitcoin rally part II... Attention's been on the cryptocurrency's price jump to nearly $14K last week before settling closer to $11K. And chip-maker AMD has been along for the ride. Late last year, AMD unveiled fresh new products and services for Bitcoin miners and blockchain-thusiasts. If the latest Bitcoin jump feels like a gold rush, then AMD is selling shovels — making money whether the miners find gold or not.