Venmo Rival Zelle Enlists "Hamilton" Star for Ad Campaign
Venmo rival Zelle shakes traditional advertising up by enlisting Hamilton star Daveed Diggs for its latest ad campaign. They've teamed up with the actor to launch the TV commercials on the biggest stages, including the NFL playoffs. Daveed Diggs joined us on Cheddar to share why he thought the payments company chose him as an ambassador for the brand.
Diggs said his project with Zelle was a rare opportunity for an artists because the company gave him so much creative control over the advertisement. While the process was collaborative, he explains that he had a lot of say in the writing of the lyrics for the raps used in the ads. The Hamilton star expresses that he thinks Zelle is intentionally trying to make sure people know the app is for everyone.
We also discussed the next big projects in Diggs' pipeline. He said he has a film that he has been writing for the last decade going to the Sundance Film Festival. When asked whether he'd return to broadway, Diggs said he would like to continue performing in theater, but broadway is not particularly important to him.
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.
About 780,000 pressure washers sold at retailers like Home Depot are being recalled across the U.S. and Canada, due to a projectile hazard that has resulted in fractures and other injuries among some consumers.
