It has been a tumultuous year for Bed Bath and Beyond (“Bed Bath”) as it continues to narrowly avoid bankruptcy. The turmoil began in early January with a “going concern” warning issued by the company, which then drove its lender, JPMorgan Chase, to issue a default notice and call for immediate repayment of Bed Bath’s […]
Computers are taking over the world. At least, that is the fear. News reports have been highlighting how advanced language models and other Artificial Intelligence (AI) could lead to a world where computers can so closely mimic human interactions that we will not be able to distinguish between what has been created by humans and […]
TikTok is everywhere. Introduced to the U.S. in 2018, the social media platform allows users to create and share videos 15 to 60 seconds in length. Lighthearted singing and dancing clips, viral challenges and instructional life hacks abound on the platform. Today, its 150-plus million active users in the U.S. comprise seemingly 99% of Millennials […]
By now, most people in our industry have spent some time thinking about the collapse of Silicon Valley Bank, the second largest U.S. bank (measured by assets) to fail in history. Depositors, mostly venture-backed companies, sought to withdraw $42 billion on March 9 alone, triggering a run on the bank every bit as dramatic as […]
Last February, I wrote in this space about the clean beauty trend shifting from a focus on ingredients to a focus on sustainability. Clean beauty continues to shape many of the biggest developments in the cosmetics space, but questions about efficacy have arisen for a number of “clean” products, and, by extension, the entire trend. […]