GalaPro is bringing technology to the theater space. The company has launched a mobile app that does closed-captioning from any phone in the theater and is officially in the Shubert Theaters in NYC.
Yonat Burlin is the CEO of GalaPro. She joins Cheddar to explain how this technology is equalizing the theater space. Burlin says voice recognition technology helps synch the whole system from stage to phone.
When it comes to what is next, Burlin explains that the company is already talking to different theater groups like Lincoln Center and regional theaters across the country. And when it comes to scalability, Burlin acknowledges that theater is not as fast as cinema but she is confident that GalaPro has tapped into strong networks.
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Nestlé has dismissed its CEO Laurent Freixe after an investigation into an undisclosed relationship with a direct subordinate. The company announced on Monday that the dismissal was effective immediately. An investigation found that Freixe violated Nestlé’s code of conduct. He had been CEO for a year. Philipp Navratil, a longtime Nestlé executive, will replace him. Chairman Paul Bulcke stated that the decision was necessary to uphold the company’s values and governance. Navratil began his career with Nestlé in 2001 and has held various roles, including CEO of Nestlé's Nespresso division since 2024.
Kraft Heinz is splitting into two companies a decade after they joined in a massive merger that created one of the biggest food companies on the planet. One of the companies will include brands such as Heinz, Philadelphia cream cheese and Kraft Mac & Cheese. The other will include brands like Oscar Mayer, Kraft Singles and Lunchables. When the company formed in 2015 it wanted to capitalize on its massive scale, but shifting tastes complicated those plans, with households seeking to introduce healthier options at the table. Kraft Heinz's net revenue has fallen every year since 2020.
