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Screenshots: If your online shopping cart seems a bit pricey, blame the inflation elves

Shopping online for holiday apparel gifts? Pull out your credit card with the highest limit. Online inflation wreaking havoc on the economy has really hit apparel the hardest, the San Jose tech giant Adobe said. Adobe found that online inflation data for the month of November hit a record high with a 3.5% year-over-year (YoY) increase. It’s the biggest increase since Adobe started tracking the digital economy in 2014, and the 18th consecutive month of online inflation.

“Continued supply chain constraints and enduring consumer demand supported record e-commerce inflation, with apparel seeing high volumes of online out-of-stock messages compared to other categories,” said patrick brown, vice president of growth marketing and insights at Adobe. “With offline prices soaring in the consumer price index, it’s still cheaper to buy online for categories like toys, computers, and sporting goods.”

Clothing is the category that stands out, with prices up 17.3%. Interestingly, clothing prices are up while electronics is actually down 0.4% YoY. For me, it’s because of waistline inflation due to year-over-year expansion after a few years without gyms. Maybe in 2022? Already a New Year’s fitness resolution. I’m a trendsetter…

More on the bored monkey non-fungible tokens purchased by Steph Curry and others. These things are the niftiest NFTs, if you like expensive fantasy stuff. Make no mistake and list your digital collectible for 1% of what it’s worth. It happened this week when a collector named Max mistyped his NFT and lost $250,000, as reported by the Financial Times and others. “It’s going to happen,” thought Max. Twitter. He is?

For the uninitiated, the Bored Ape Yacht Club is a set of personalized cartoon monkeys that Curry, Reddit co-founder (and Mr. Serena Williams) Alexis Ohanian and others have purchased, often using them as social media avatars. This makes Bored Apes one of the most hyped NFTs, which are digital media made unique through the use of cryptography and blockchain and then sold as collectibles.

Remember your cryptocurrency password. It’s even worse than selling your Bored Ape for 1% of what it’s worth. San Francisco Bitcoin collector Stephane Thomas lost several hundred million dollars by collecting Bitcoins and losing access to them. Unable to find the password to his bitcoin wallet, Thomas told People magazine he had “made peace” with the fact that he may never get his money back. Lose a quarter of a million on a monkey cartoon and $265 million on a cryptic password fail? My wife gets upset if I forget to use a coupon…

Twitter Communications went crazy early friday with a storm of tweets new features and news from the past year. Highlights: New tips on how to get the coveted blue verified tick and how to pay for the untweet feature, which lets you edit a tweet for up to 30 seconds. Go to https://twitter.com/TwitterComms to see everything…

Unbabelan SF startup that combines artificial intelligence with human translators to help companies go global quickly, went even more global this week with the acquisition of Lingo24, a technology-based Scottish language company. CEO of Unbabel Vasco pedro lives in Lisbon, Portugal and the city – and surfs in both places. Do they surf off the coast of Scotland?… And can someone translate Scottish?

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