Joey Tan, Head of Global Strategic Initiatives at Alibaba Cloud, discusses recent partnerships with FIFA and the Olympics and why getting into the sports industry is great for the company's continued growth. Tan discusses how the cloud platform seeks to enhance the viewer experience and make games more widely available to groups that may not normally get to experience it. Tan talks how the Alibaba Cloud seeks to work in "smart" cities and how first tackling sports arenas can lead to developing municipalities.

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Kraft Heinz undoes blockbuster merger after a decade of falling sales
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.
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