Tag: Deals

Beyond Meat Signs Global Supply Deals With McDonald’s, KFC and Pizza Hut

U.S. plant-based protein company Beyond Meat has signed global supply deals with fast food firms McDonald’s and Yum! Brands, which includes KFC, Pizza Hut, Taco Bell and others. AgFunderNews reports: The three-year strategic agreement with McDonald’s will see Beyond Meat become the ‘preferred supplier’ of patties for the fast food chain’s new McPlant plant-based burger. Under their separate strategic partnership, Beyond…

Apple’s Powerful M1 MacBooks are Lowering The Resale Value of Older MacBooks

“The impressive performance and battery life gains of the new M1 MacBooks have created a historic discontinuity in the normally placid resale market,” reports ZDNet: Should you spend $800 for a one year old MacBook Air when for $200 more you could get a MacBook Air with several times the performance and 50 percent better battery life? That’s a question savvy…

Amazon Rainforest Plots Sold via Facebook Marketplace Ads

Parts of Brazil’s Amazon rainforest are being illegally sold on Facebook, the BBC is reporting. From the report: The protected areas include national forests and land reserved for indigenous peoples. Some of the plots listed via Facebook’s classified ads service are as large as 1,000 football pitches. Facebook said it was “ready to work with local authorities”, but indicated it would…

Australia Passes Law To Make Google, Facebook Pay for News

Australia’s law forcing Google and Facebook to pay for news is ready to take effect, though the laws’ architect said it will take time for the digital giants to strike media deals. From a report: The Parliament on Thursday passed the final amendments to the so-called News Media Bargaining Code agreed between Treasurer Josh Frydenberg and Facebook chief executive Mark Zuckerberg…

Huawei Turns To Pig Farming as Smartphone Sales Fall

Huawei is turning to technology for pig farmers as it deals with tough sanctions on its smartphones. From a report: The Chinese telecoms giant was stopped from accessing vital components after the Trump administration labelled it a threat to US national security. In response to struggling smartphone sales, Huawei is looking at other sources of revenue for its technology. Along with…

Facebook Strikes Last-Minute Deal With Australia Around News Content

Facebook on Monday said it had struck a deal with Australian lawmakers to pay local publishers for their news content, after the government finally agreed to change some of the terms within its new media code. From a report: The agreement ends Facebook’s temporary ban on sharing news links on its platform in the country. Data showed that the link-sharing ban…

Amid Bickering Over Movie Rights, Reddit Removes Top ‘WallStreetBets’ Moderators

The New York Times reports:
Late on Wednesday, a moderator of the popular Reddit message board WallStreetBets posted several screenshots on the chat app Discord. They showed that other moderators had quietly started talking among themselves about landing a movie deal. “What’s our cut?” one of the moderators had asked in a Discord chat, according to the screenshots. By Thursday morning, that…

Google Sued by YouTube Rival Over Search Rankings

Video-sharing site Rumble accused Google in a lawsuit of abusing the power of its search engine and mobile operating system to boost its YouTube video service over rivals, the latest allegation of anticompetitive conduct against the Alphabet unit. From a report: Toronto-based Rumble, which has become popular among conservative pundits, on Monday filed an antitrust suit in federal court in California…

China Gives US Tech the Silent Treatment

Patience may be a virtue. For U.S. tech companies looking to do deals that involve China, it is also an expensive necessity. From a report: Cisco Systems and Applied Materials each received different lessons on that score last week. On Friday, Cisco found its $2.6 billion deal to buy Acacia Communications in serious jeopardy after Acaia announced it was terminating the…