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Here’s how dramatic BlackBerry’s fall has actually been

BlackBerry is done making phones. The Canadian telecoms company this week announced that it will no longer manufacture its own handset hardware, and will instead outsource that production to third-party partners. This doesn’t mean that BlackBerry phones will no longer exist — the firm had already started this process with this year’s DTEK50 — but the news caps a tremendous decline for what was once the world’s biggest smartphone maker.

This chart from


Costco's CFO doesn't believe his company is 'Amazon-proof' (AMZN, COST)

Costco has been able to weather the storm from online retailers like Amazon by building a strong membership model and incentivizing visits to its physical stores — causing some analysts to call it "Amazon-proof."

But its CFO, Richard Galanti, doesn't believe his company will forever be immune to the growth of Amazon.

"We don't buy that for a minute," Galanti said during Costco's earnings call Thursday, referring to reports that dubbed his company "Amazon-proof" or "internet-proof."

Galanti also admitted that he'd expect internet retailers to continue to make an impact on traditional big-box retailers. Earlier this week,


Impoverished people are risking their lives for your smartphone batteries

Tech giants like Intel and Apple have made some serious progress to end their dependence on "conflict minerals" (tungsten, tin, tantalum, and gold) from mines controlled by the warlords of the Congo, where the workers are often prisoners.

Unfortunately, the mines in the region that produce another important mineral, cobalt, have not fared so well.

Cobalt is a mineral used in the lithium batteries that power everything from smartphones to electric cars.

A major investigative report by the Washington Post's Todd Frankel and Michael Robinson Chavez reveals the abject conditions of workers in these mines.


Facebook is testing a new way for businesses to tag products

Facebook is experimenting with letting page owners tag actual products in their photos, videos, and other posts, Business Insider has confirmed.

We recently saw the new prompt from one of our Facebook pages, and Facebook confirmed that it was testing the feature when we asked.

Here's how it works: when a product is tagged in a page's post, anyone can tap on it to open a dedicated page from that page where they can learn more information.

“To provide Page admins with more tools to drive organic product discovery, we're testing the ability to tag products in photos, videos and posts," a Facebook spokesperson said in a statement.

"Organic" discovery means that there's no paid advertising component to tagging products this way yet, but it wouldn't be a stretch to imagine Facebook somehow monetizing the feature in the future.


Jessica Alba's Honest Company is finally removing a controversial ingredient from its products

The Honest Company is finally removing a controversial ingredient from its laundry detergents after initially saying it didn't plan to do so. 

According to a new story out from the Wall Street Journal's Serena Ng, Honest Company — Jessica Alba's $1.7 billion household products company — is planning to introduce a new detergent in 2017 that's free of an ingredient called sodium coco sulfate. The ingredient is said to contain a large amount of sodium lauryl sulfate, a cleaning agent that Honest Company has said in the past it doesn't use at all. 


The only executive to hold a high-ranking position at both Uber and Lyft is leaving Uber

Uber's VP of Driver Growth, Travis VanderZanden, is leaving the company after nearly two years to spend more time with his daughters and family, according to an email sent around to Uber team members on Wednesday. 

Beyond being the other high-ranking executive to be named Travis at Uber, VanderZanden also held the special distinction of having worked at both Lyft and Uber.

VanderZanden first joined Lyft in 2013 after it acquired his on-demand car washing startup, Cherry. Previously, he'd also been the CRO and first business employee of Yammer.

At Lyft, VanderZanden served as COO for the fast-growing Uber competitor


Microsoft is giving its top scientists a new opportunity to actually change the world (MSFT)

Bringing a scientist to important customer meetings is nothing new for Microsoft. 

The idea is that Microsoft Research's biggest brains get the chance to give a short lecture with no point other than to reassure the would-be buyer that "the future is in good hands," says Microsoft Research Chief Product Officer Vikram Dendi. The researcher would give their spiel and turn the floor back over to the salespeople.

"I used to go to those meetings and just be a talking head," says David Molnar, who's been with Microsoft Research since 2009. It was "nice," he says, but pretty one-sided.

Molnar says "used to," because there's been a huge shift at Microsoft Research under CEO Satya Nadella. Since its founding in 1991, Microsoft Research was more of an academic organization than anything: The mandate was to


A Yahoo insider believes the hackers could really have stolen over 1 billion accounts (YHOO)

The actual tally of stolen user accounts from the hack Yahoo experienced could be much larger than 500 million, according to a former Yahoo executive familiar with its security practices. 

The former Yahoo insider says the architecture of Yahoo's back-end systems is organized in such a way that the type of breach that was reported would have exposed a much larger group of user account information.

"I believe it to be bigger than what’s being reported," the executive, who no longer works for the company but claims to be in frequent contact with employees still there, including those investigating the breach, told Business Insider. "How they came up with 500 is a mystery."


Renault just revealed a stunning electric supercar concept — here's everything we know about it

Renault unveiled an all-electric supercar, dubbed Trezor, on Thursday at the Paris Motor Show. 

The vehicle is purely a concept vehicle for now, but it will inspire design elements in future Renault vehicles. 

Here's a closer look at the impressive supercar. 

The Trezor is powered by two batteries, one located at the front and one at the rear. This helps give the vehicle equal weight distribution. Each battery also has its own cooling system. The hexagonal vents on the hood are part of that cooling system. They move up and down as air circulates to give the impression that the car is breathing. On the left-hand side of the body, there's an analogue gauge that indicates the vehicle’s charge level.

Banks like to talk about blockchain, but none want to be the first to actually use it

There are more than 50 major banks clamoring to adopt the technology known as blockchain — the underpinnings of bitcoin — but none of them wants to be the first.

Goldman Sachs, JPMorganChase, and Bank of America are among the big names that have signed onto R3, an industry-wide body trying to bring blockchain technology to the finance world.

They all expect blockchain to simplify and streamline transactions in a way that reduces costs, increases security, and boost profits by making markets more efficient.