/Business/ Last Updated: Thu, Dec 13th, 2018 @ 8:15pm EST


Rachel Kramer Bussel, Contributor

Michelle Obama Memoir Becoming Hits 3 Million Sales Mark; New Book Tour Dates Announced

Former First Lady Michelle Obama’s memoir Becoming has hit a major sales milestone with the news that the book has now sold 3 million copies since being published on November 13. According to NPD Bookscan, in 2018, Becoming has sold more copies than any other book in the United States.


Carmine Gallo, Contributor

How Cisco's Former CEO Turned A Secret 'Disability' Into His Greatest Strength

In a candid and revealing conversation, former Cisco CEO John Chambers talks about the power of personal stories to build trust as a leader.

Business Insider

Troy Wolverton

The 'father of the internet' says that Google employee backlash to its defense work was just 'a lot of misunderstanding' (GOOGL)

Vint Cerf, one of the fathers of the internet, this week defended Google's work on Project Maven — its controversial pilot program with the Pentagon.  Employee objections to the work, which involved developing artificial-intelligence technologies for use by the Defense Department, were based on a misunderstanding of the nature of the work, said Cerf, who is Google's chief internet evangelist. But the company could have been more transparent about what it was doing, he acknowledged.


Business Insider

Nick Bastone

Bitcoin scammers are sending bomb threat emails to millions around the world, but authorities are confirming 'NO DEVICES have been found'

On Thursday, numerous reports emerged of people receiving extortion emails demanding recipients send $20,000 in Bitcoin to a particular Bitcoin address.  The emails stated that failure to send the payment would result in that person's workplace being blown up by an explosive device.  Police forces from cities in multiple countries have responded to the threats and have confirmed that no devices have been found in connection to the extortion emails.  This story is developing, but for now,...

Business Insider

Bob Bryan

Trump is failing to achieve one of the biggest goals of his trade war, and he only has himself to blame

President Donald Trump wanted to use tariffs to help bring down the trade deficit with China. The US-China trade deficit hit a record high in the month of October. According to economists from Goldman Sachs, Trump's tariffs on Chinese goods are actually making the trade deficit worse.

One of the President Donald Trump's biggest goals for the trade war was to reduce the US's trade deficit with China. But according to Goldman Sachs, the president is only making it worse.

The most recent trade...

Business Insider

Matt Weinberger

The co-founder of $725 million cloud startup Mesosphere is stepping aside as CEO to make way for a Symantec veteran

Mesosphere, most recently valued at $725 million in a funding round this year, is getting a new CEO. Founder Florian Leibert is stepping aside to make way for Mike Fey, most recently COO of Symantec. Leibert had previously announced his intention to find his own replacement. Fey sees a lot of opportunity in bringing Mesosphere's software to larger customers, to help them manage their server and cloud infrastructure.  Fey says he was first intrigued by Mesosphere's all-star roster of...


Chuck Tannert, Forbes Staff

Why Does The Nissan GT-R50 Cost Almost A $1 Million More Than A Stock GT-R?

Only 50 of these slick limited-edition speed demons will be built by the famed Italian coachbuilder founded by Giorgetto Giugiaro at a cost equivalent to $1.1 million per (€900,000).

Business Insider

Ethel Jiang

Bitcoin slumps after bomb threats that were emailed across the US demanded it for ransom

The New York Police Department said the bomb threats that have been reported around the country Thursday afternoon were emailed by someone demanding bitcoin. Following the news, bitcoin slumped to fresh lows, down more than 6%. Bitcoin has lost half of its value since November 14. Watch Bitcoin trade live.

Bitcoin was down more than 6% to near $3,300 a coin after the New York Police Department said that bomb threats that have been emailed around the country Thursday afternoon were made by...

Business Insider

Irene Kim and Jay Reed

Millennials and teens are making Gucci cool again — here's how the brand nearly doubled its sales in 2018

Gucci nearly doubled its sales in 2018 — and consumers under 35 accounted for 55% of those sales. Gucci's creative director, Alessandro Michele, led the brand in a millennial and teen-friendly direction by showcasing pop culture references and fresh designs. Celebrities like Lil Pump and Kylie Jenner have further popularized the brand through Instagram and music. The resurgence of 90s fashion trends has made logos like Gucci's popular among younger consumers who saw the styles growing up...

Business Insider

Meghan Morris

BlackRock and Microsoft want to make retirement investing as easy as ordering an Uber

BlackRock and Microsoft are teaming up to build retirement tools for individual investors, a growing market as employers shift away from pensions.  The partners will launch an unnamed product, still in development, next year for companies to offer to their employees. About 40% of Americans say they are not confident they will have enough money in retirement. 

BlackRock has inked its biggest technology partnership yet, aiming to help Americans save for retirement.

The firm is working with...

Business Insider

Hayley Peterson

LuLaRoe faces a probe by the Washington State Attorney General's office, sources say

The Washington State Attorney General's office appears to be investigating the multi-level marketing company LuLaRoe, according to sources who were contacted and interviewed by the agency.  One former LuLaRoe seller said the agency is helping her get a refund worth nearly $7,000, which she has been trying to secure from LuLaRoe for seven months. Two people said investigators have obtained data, including consultants' sales numbers, from LuLaRoe.  The Washington Attorney General's office...

Business Insider

Gina Heeb

Stocks end mixed and oil rallies

Wall Street closed mixed Thursday amid trade hopes and economic growth concerns. The S&P 500 shed 4.6% last week, the most since March. Watch the major US indexes trade in real time here.

Stocks were mixed Thursday as investors weighed optimism for thawing trade tensions between the US and China against concerns about the possibility of slowing economic growth around the world.

The Dow Jones Industrial Average rose 0.3%, or around 70 points. The Nasdaq Composite fell 0.4%, and the S&P 500...

Business Insider

Matthew DeBord

Hodinkee's latest limited-edition watch collaboration with Hermès could be its boldest yet

Watch website and retailer Hodinkee has announced its latest collaboration, this time with Hermès. Two new luxury watches are available, one for $7,650 and the other for $14,700. Hermès isn't as well-known as Rolex or Omega, but it has a long horological history and has kept itself relevant through its collaborations with Apple.

Hodinkee, the watch website and online retailer, has collaborated with some impressive names in horology to bring limited-edition timepieces to consumers. My...

Business Insider

Ethel Jiang

Bitcoin tumbles after bomb threats that were emailed across the US demanded it for ransom

The New York Police Department said the bomb threats that have been reported around the country Thursday afternoon were emailed by someone demanding bitcoin. Following the news, bitcoin tumbled more than 6%. Bitcoin has lost half of its value since November 14. Watch Bitcoin trade live.

Bitcoin plunged more than 6% to near $3,300 a coin after the New York Police Department said that bomb threats that have been emailed around the country Thursday afternoon were made by someone demanding...

Business Insider

Paige Leskin

Startup founders are skeptical about the future of cryptocurrency, but that hasn't stopped them from investing in it anyway

Cryptocurrency had reached 35 million users as of September 2018, reflective of the trend of people becoming increasingly familiar with blockchain technology and digital currencies like bitcoin, ethereum, and tether. Although individuals are investing more in the technology, it's not burgeoning as much on the business and industry level. A recent survey of hundreds of startup founders found that while 40 percent of them personally own cryptocurrency, only 13 percent saw cryptocurrency or...


Erik Kain, Contributor

'Fortnite' Challenge: Where To Play The Sheet Music On A Piano Near Lonely Lodge

Here's where to find the piano near Pleasant Park in 'Fortnite: Battle Royale' and how to play the sheet music there.


Natalie Robehmed, Forbes Staff

Highest-Paid Models 2018: Kendall Jenner Leads With $22.5 Million

Together, the world’s 10 highest-paid models banked a cumulative $113 million between June 1, 2017 and June 1, 2018. Meet the models making bank.


Angelica Mari, Contributor

L'Oréal Brazil Accelerates Digital Transformation With New Leadership

Former Tinder head takes the helm to lead open innovation strategy.

Business Insider

Rob Price

Facebook veterans are changing the world of blockchain and crypto startups: Here are 15 ex-Facebook employees who went crypto that are worth watching (FB)

Facebook is working on a secretive blockchain project, but many Facebook employees are jumping ship to work on their own blockchain and crypto projects. The Facebook veterans are bringing high-level tech experience and discipline to a crypto sector famous for chaos and turmoil. Business Insider spoke to industry insiders to track down 15 alumni from the social network now working in the space, and interviewed many of them.

Facebook turned heads earlier this year when it announced that it...

Business Insider

Avery Hartmans

All the companies and divisions under Google's parent company, Alphabet (GOOG, GOOGL)

Google reorganized to become Alphabet three years ago, but the way the company is structured is still rather confusing. Alphabet is organized in two parts: Google and "Other Bets," which each house the various other parts of the company's business. Here's a breakdown of all the divisions under Alphabet. 

It's been three years since Google blew up its entire corporate structure to form a new parent company: Alphabet.

The shake-up was intended to help all of its businesses operate more...

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