Americans are on track to spend more online this holiday season than ever before. According to Adobe Insights, Americans spent $6.59 billion on Cyber Monday.
The increase in online traffice means cyber attackers are going to be even more active. So how can you protect your data and your wallet while scouring the web for deals?
Tech reporter Jared Lindzon shares some of the best ways to protect yourself this holiday season. Starting off, make sure you are changing your passwords regularly. He also adds that you shouldn't reuse passwords for different websites. A hacker's first instinct is to try a password they already know works on other sites.
Lindzon also gives a few examples of common online scams during the holidays. He highlights phishing scams as the most likely way a hacker will try and get your information.
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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.
