Internet Business News

This founder and CEO says she didn't know how successful her business would be, but she knew she would regret not trying.

When anyone has the ability to announce breaking news, urgent updates, RIGHT NOW, steal attention and emergencies, then sooner or later, many will do just that. Attention is scarce, scarcer than ever, and we’ve given everyone a machine that can steal attention, and a keyboard that can be used to steal even more. The race for cheap, unearned attention is a race that can’t be won. As soon as someone gains the lead, someone else will lower their standards and take a shortcut to get even more. The players have already surrendered their self-esteem, so it’s simply an escalating hijack of trust. And so we have dark patterns, once-respected media outlets with shameless headlines and an entire industry based on clickbait, come-ons and trickery. It’s pretty clear that there’s an alternative. A chance to work toward the top instead. To deliver anticipated, personal and relevant messages to people who want to get them. The opportunity to create remarkable product...

It's time to take advantage of strategic strengths.

That’s something worth building. Electricity is a ratchet with leverage. Once communities have access to a little electricity, a solar lantern, say, they quickly discover that they want/need more electricity. The productivity increases create more income which gives them more money to buy more electricity. The leverage that this productivity and income give them (combined with the actual power at their disposal) creates a one-way route toward the future. The same thinking applies to a personal career. The first speech you’ll give will be difficult. The tenth one will be easier. Each speech, well-delivered, creates more demand for more speeches. Each speech given gives you more leverage to give better speeches. Better speeches create more demand… This is the opposite of shoplifting. Shoplifting isn’t a ratchet. The system actually pushes back harder and harder the more you do it. And it has no leverage. Some businesses work at scale because they’re ratc...

Revisit the classics, learn some new tricks, and pass the time like a champ with these monotony-mauling options. The business meeting: champion of information exchange, killer of productivity, and rarely a great use of each and every attendee’s time. Read Full Story

The founder of California night club talks about his approach to running a successful business.

Created by Pentagram, it’s the company’s third new logo in 10 years—and hopefully a true fresh start. There are few brands that evoke the Wild West of the old internet like Yahoo. The early portal to news, weather, sports, and everything else had an unmistakable brand in the late 1990s—it conveyed the idiosyncratic, optimistic promise of those early days of the web, complete with a hand-drawn, serifed logo that seemed to giggle like a kid wearing his father’s old zoot suit, found buried in a closet. Read Full Story

Thomas Cook, the 178-year-old tour operator, dramatically collapsed on Sunday night leaving hundreds of thousands of passengers stranded around the world. Thomas Cook, the 178-year-old tour operator dramatically collapsed on Sunday night leaving hundreds of thousands of passengers stranded around the world. In a statement Thomas Cook CEO Peter Fankhauser said the company had no choice but to enter emergency bankruptcy proceedings: Read Full Story

Business Insider Intelligence It's a fascinating time for fintech. What was once a disruptive force in the financial world has become standard practice for many industry leaders.  See the rest of the story at Business Insider See Also: Walmart's push into healthcare, SoftBank's struggles, and why FedEx dumped Amazon TransferWise, a fast-growing money transfer startup valued at $3.5 billion, just turned in a third straight year of profit The London fintech aiming to become the 'Spotify for money' raised $55 million using this pitch deck

Reuters/Carlos Barria Global growth is expected to slow this year to a pace not seen since the financial crisis, the Organization for Economic Cooperation and Development said Thursday.  The US-China trade dispute has increasingly threatened the outlook in the largest economies and elsewhere. "The uncertainty provoked by the continuing trade tensions has been long-lasting, reducing activity worldwide and jeopardising our economic future," said Laurence Boone, the chief economist at the OECD. Visit the Markets Insider homepage for more stories . Global growth is expected to slow this year to a pace not seen since the financial crisis, the Organization for Economic Cooperation and Development said Thursday. The new data comes as the US-China trade dispute increasingly threatens the outlook in the largest economies and elsewhere. The world economy will expand by 2.9% in 2019, the OECD projects , the weakest annual growth rate in a decade. Output could fall further in 20...

The optimists who got excited about the ‘everyone has a microphone’ promise of the Net 20 years ago overlooked two flaws in human nature: First, given sufficient reward (money, attention, fame, notoriety) some people will show up and say and do things that they know are wrong. Second, if enough people are in the first group of bottom fishers, many other people may decide that those behaviors aren’t as wrong as they thought they were. The internet ends up normalizing bad behavior, because bad behavior captures our attention and gets noticed. We multiply the outliers in our imagination and come to the erroneous conclusion that their behavior is common, when it actually isn’t. There are two ways forward, and both are up to us: First, we can start paying more attention (rewarding) good behavior. And second, we can start modeling precisely the sort of discourse and contributions we hope to see from others. The best antidote to a culture shifting to bad behavior is...

NBC NBCUniversal's upcoming streaming service and Netflix competitor is called Peacock, the company announced Tuesday. The service, which will have ad-free and ad-supported versions, will launch in April 2020 and include popular NBC shows like "The Office" and "Parks and Recreation," in addition to original dramas, movies, news, sports, and Spanish-language content. The prices for Peacock's various plans will be announced closer to the service's release, the company said.  Visit Business Insider's homepage for more stories. NBCUniversal's previously untitled streaming service and Netflix competitor now has a name: Peacock. Peacock, which NBC named after its colorful logo, will offer over 15,000 hours of streaming content including classic NBC comedies like "The Office" and "Parks and Recreation," the company said Tuesday.  See the rest of the story at Business Insider NOW WATCH: Alexander Wang explains how to wear all ...