Fab-ulous

Pre-announcement jitters.

What Flash Sales? Now Fab Wants to Be the Ikea of Design

Fab famously got traction once the cofounders pivoted from gay Yelp to design-focused flash-sales site. But now that flash sales are no longer the darling of the tech industry, Fab is moving on. Hence the company’s announcement at its kindergarten-like West Village HQ last night: ”We’re going to do a little pivot again,” CEO Jason Goldberg announced.

“We’re redesigning Fab as the world’s number-one design store,” he said. “We’re going from flash sales to design store, and we’re going there in a really big way.”

That means a revamped website, products sold exclusively on Fab, brick-and-mortar stores, and the acquisition of a German company offering customizable furniture.  Read More

ECommerce Rules Everything Around Me

(Screenshot: Amazon)

Amazon Finally Unveils One-Stop Shop for Adult Diapers

Internet usage among older adults is on the rise, so it makes sense that retail behemoth Amazon is making moves to tap into that demographic. Today the company unveiled a new specialty store targeting those ages 50 and older.

The online shop has all the things older adults might need, including “hundreds of thousands of nutrition, wellness, exercise and fitness, medical, personal care, beauty, entertainment items and more.”

In the end we’ll all probably need adult diapers–especially if the Singularity comes.

Linkages

(Photo: Deviantart)

Booting Up: Google Reader Users Migrate to Feedly

Turns out having a book on the top of Amazon’s bestseller list does not make you an automatic millionaire. [Salon]

After the announcement that Google Reader would shut down in July, more than 500,000 users have already migrated to Feedly. [The Verge]

Foursquare is reportedly close to closing a Series D round that would value it at less than the valuation from its Series C. [TechCrunch]

According to his lawyer, Matthew Keys’ legal defense is going to be that he was doing work as an undercover investigative journalist. Oh, we can flout the law under the guise of “journalism!”? Brb, going to loot the Apple store. [The Next Web]

An NYU student has invented a gel that can help stop bleeding in wounds. But can it mend college’s primary injury: broken hearts? [New York Post]

The Future of the Ebook

Old school, meet new school. (flickr.com/friarsbalsam)

Let’s Give Amazon the .Book Domain, That’ll End Well

Hey, you know what sounds like a great idea? Giving the juggernaut Amazon any more of a stranglehold on the book business. The Wall Street Journal reports that the Author’s Guild, the Association of American Publishers and those poor bastards at Barnes & Noble are all raising hue and cry in opposition to Amazon’s attempt to stake out such generic top-level domains as “.book” and “.read,” saying it’s a threat to competition. Read More