There is a new game that combines two very hot concepts, augmented reality and crypto! Joe Blackburn CEO and Co-founder of Crypto Coin Trader and Head Advisor of Crypto Hunt joins Cheddar to break down the game.
Blackburn explains that Crypto Hunt is exploring an ICO to power the token part of their game. Blackburn says the game is similar to Pokemon Go, but with real cryptocurrency.
Currently, the game is being tested. Overall, Blackburn says he is proud of how quickly the team has turned this game around.
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.
