Snap Inc. has a message for its employees: if you leak company information, you could go to jail. The chief lawyer and general counsel of Snapchat's parent company, Michael O'Sullivan, warned employees in a memo obtained by Cheddar of the consequences for leaking. A Snap spokesperson declined to comment on the memo.
Amazon announces it will increase prices on monthly Prime memberships by 20%. Monthly subscribers who used to pay $10.99 a month will now pay $12.99 a month. No changes are expected for the annual Prime membership fees.
Facebook recently announced it will change the News Feed to favor posts from friends and family over posts from publishers. Lindsey Shepard, Director of Product Marketing for News Feed at Facebook, joins Cheddar to discuss these changes.
And the clock is ticking for Congress to extend funding and avoid a government shutdown. James Arkin, Congressional Reporter for RealClearPolitics, weighs in on what could happen, and who could be to blame.
The former chief executive of Japanese beverage giant Suntory has acknowledged he was investigated on suspicion of possessing an illegal drug but has asserted his innocence despite resigning from his position.
Kellie Romack, Chief Digital Innovation Officer at ServiceNow, reveals the company’s latest announcement and how it’s shaping the future of work and tech.
Raina Moskowitz, CEO of The Knot Worldwide, unpacks the 2025 Global Wedding Report, from Gen Z trends to how Taylor Swift's wedding could reshape the industry.
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.
