How the maker of Skittles and M&Ms gets ready for Halloween

Yorkville, Illinois (CNN Business)It takes the maker of M&M’s, Skittles and Snickers two years to get ready for Halloween. Halloween is one of the rare occasions when candy appears on people’s shopping lists. Otherwise, people tend to buy candy on impulse — and that urge is weaker when they’re shopping online. Although candy sales are steady, e-commerce is “one of the things that I think keeps candy makers up at night,” said Crystal Lindell, editor of Candy Industry Magazine. So when this candy-centric holiday comes around, Mars Wrigley and others pull out all the stops. To get the most out of Halloween, Mars Wrigely has to jazz up it core items, spark a conversation online and take full advantage of the …

Jack Ma, China’s richest man, steps down as chairman of Alibaba

Charismatic 55-year-old entrepreneur to be replaced by Daniel Zhang at e-commerce firm The Alibaba founder, Jack Ma, is stepping down as head of one of the worlds largest e-commerce companies, handing over the reins to his handpicked successor. Ma, who announced his retirement as chairman of the company last year, will celebrate his final day at a celebration marking his 55th birthday at an Olympic-sized sports stadium in Hangzhou, where he founded the company 20 years ago. The charismatic entrepreneur and one of Chinas most recognisable public figures will be replaced by the lower profile Daniel Zhang, the companys chief executive and an accountant by training. In a video posted on Monday, Ma said: Im the person always looking forward. …

Intel’s New Chip Wizard Has a Plan to Bring Back the Magic

On Sunday, Pride celebrations shut down a rainbow swath of San Francisco. In the shadow of the city’s iconic Coit Tower, chipmaker Intel held a nerdier and more select party. At the five-hour event, 100 attendees from startups, venture capital, and tech giants drank in semiconductor-themed cocktails and detailed explanations of how sand is processed into silicon chips. It was a celebration of how exponential upgrades from the chip industry have propelled progress in technology and society over the past 50 years—and an argument that the party’s not over. “It's going to keep going,” said Jim Keller, a semiconductor rock star who joined Intel last year as senior vice president of silicon engineering, and a cohost of the event. “Moore’s …

Inside Backpage.coms Vicious Battle With the Feds

Beth Holzer A few minutes before 9 am on April 6, 2018, a fleet of unmarked vehicles with government plates rolled up in front of Lacey’s multimillion-dollar compound in Paradise Valley, a few miles outside of Phoenix. These weren’t the guests he’d been expecting. The 69-year-old divorced father of two had recently gotten remarried, and he was preparing to host a lavish party to celebrate his vows. Tents were pitched on his lawn; retired journalists and overworked lawyers were winging their way into town. FBI agents informed the groom that he was being arrested on charges of money laundering and facilitating prostitution. They cuffed him, then subdued the home’s other occupants, including Lacey’s 76-year-old mother-in-law, whom they ordered out of …