Bitcoin plunges as South Korea cracks down, and the deadline for Uber shareholders to sell their stakes to SoftBank is on the horizon. And Apple CEO Tim Cook got a 47% pay raise for the fiscal year, and Snap is preparing a new feature that will allow users to share its content across the board. Plus, are smartphones hacking your brain? We talk about why and how app developers might be tweaking software to make you stay on their apps for longer And how much will weak Model 3 deliveries hurt Tesla this quarter? One analyst cut his forecast for Q4 numbers by almost 70 percent. We break down what another disappointing number on this front might mean for the electric automaker.

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Nestlé dismisses CEO after he has relationship with a subordinate
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.
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