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This summer, e-commerce startup Fab cut about 100 people in its Berlin office, but now it looks like the company may be looking to expand its European presence once again. According to the French publication Le Journal du Net, Fab has acquired some assets of the French home decor site MyFab for a reported $4.3 million (or €3.1 million).  A Fab spokeswoman confirmed that it had acquired “certain assets” of MyFab but declined to comment further. Earlier this month, the startup, which has raised about $300 million, laid off about 20 percent of its work force.

In Brief

The government has finally set a deadline for fixing the troubled  According to a Reuters report, Jeffrey Zients, the Obama administration’s new point man for the project, said the site would be working “successfully and smoothly” for the “vast majority” of consumers by the end of November. The news comes after a week of Congressional hearings and statements by the president about the rocky rollout of the new online health insurance exchanges. The administration is under pressure to show progress but will undoubtedly face a new round of criticism if it fails to meet its new goal.

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In Brief

Technical glitches have plagued the new health insurance exchanges since their launch on Oct. 1. But in a blog post Sunday, the Department of Health and Human Services (HHS) said it’s called in the “best and the brightest” inside and outside government to fix the issues.  In addition to what it called a “tech surge,” HHS said it’s adding new tools to monitor and identify problem areas so it can better prioritize and address them. Since the launch of, the agency said nearly half a million applications for coverage have been submitted.

In Brief

In yet another move showing that the future of retail is a blend of online and offline, Rent the Runway has announced that it will open up a permanent showroom in New York’s Henri Bendel store.  At the location, customers will be able to try on dresses before they rent them online. Similar to startups Birchbox, BaubleBar and Bonobos, Rent the Runway has previously tested the offline waters with pop-up shops and other efforts. And the announcement follows the opening of Warby Parker retail stores in New York, Boston and Los Angeles.

On The Web

Software problems may be the culprits behind the new health care exchanges’ glitchy launch, but a report in the Washington Post points to another, more deep-seated issue: the federal government’s “flawed” information technology policies. The government spends $80 billion a year on IT, but agencies are low on technical staff, often outsource to less-sophisticated contractors and sometimes fail to communicate effectively.

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