Another major Mexican company is shutting down some of its operations amid record levels of violence

REUTERS/Jose Luis Gonzalez Violence continues to rise in Mexico, setting several homicide records in recent months. Growing insecurity has started to take a toll on local commercial operations. Some businesses are electing to pull out of parts of the country. Grupo Lala, one of Mexico’s 20 largest private companies, shut down operations at a distribution […]

The father of Android has reportedly cancelled his next big smartphone and might sell the company after raising $300 million (GOOG, AAPL)

Essential — the startup founded by Android creator Andy Rubin — plans to sell itself, according to a new Bloomberg report.  The hardware company released its first product, the Essential Phone, last year. But plans have now been scrapped to release a second device.  Essential has raised $ 300 million to date and has been […]

Elon Musk pitches 150 MPH rides in Boring Company tunnels for $1

Tonight at The Boring Company Information Session not all of the talk centered on flamethrowers. Elon Musk and project leader Steve Davis described many details of their visions for an underground network that could alleviate traffic problems in big cities. Musk said “we’re not suggesting this to the exclusion of other approaches,” but did take […]

Irish bookmaker Paddy Power confirms takeover talks with fantasy sports company FanDuel after landmark US ruling

Michael Loccisano/Getty Images for FanDuel Paddy Power Betfair confirms takeover talks with US fantasy sports startup FanDuel. Talks are ongoing and a deal is not guaranteed. The talks come after a landmark ruling from the US Supreme Court on Monday that opens the door for legalised sports betting in the US. LONDON — Irish bookmaker […]

Trumps says he told his Commerce Department to lift a trade ban on Chinese phone company ZTE

REUTERS/Carlo Allegri/Illustration/File Photo President Donald Trump has instructed his Commerce Department to help get a Chinese telecommunications company get “back into business” after the US government cut off access to its American suppliers. The US accused ZTE of misleading American regulators after it settled charges of violating sanctions against North Korea and Iran. As one […]

A new Korean skin care company borne from a battle with cystic acne believes you only need 3 products to achieve clear skin

The Insider Picks team writes about stuff we think you’ll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase. Panacea We’re often led to believe that the more products you slap on your face, the more effective they’ll be.  Skin care brand Panacea supports the opposite: with […]

A CTO perspective: When your CEO wants to become a platform company

GUEST: You can’t go one day without reading that “xyz” is a new platform startup or that established market leader “abc” is now a platform company. It’s the strategy du jour, lauded by executives, sales, and marketing, but it presents an interesting challenge for CTOs, who often view themselves as innovation agents on the fr…Read […]

Stormy Daniels’ lawyer dropped a cryptic hint about ‘large sums of money’ he claims flowed out of a Michael Cohen-linked shell company that received millions of dollars after Trump’s election

Spencer Platt/Getty Images Michael Avenatti, the Stormy Daniels attorney who published a damaging report this week showing Michael Cohen ran a shell company that took in millions of dollars from corporate entities after President Donald Trump’s election, dropped a cryptic hint about where some of that money may have gone. Avenatti, responding to attacks from […]