#corporate-spinoff

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#consumer-trends #industrial-ai #robotics #startup-funding #kraft-heinz #packaged-foods #food-brands #3g-capital
Tech industry
fromTechCrunch
3 weeks ago

Rivian creates another spinoff company called Mind Robotics | TechCrunch

Rivian launched Mind Robotics, an industrial AI and robotics spinoff backed by $110M in external seed funding to leverage Rivian operations data.
fromLos Angeles Times
2 months ago

Kraft Heinz to separate into two publicly traded companies

The complexity of our current structure makes it challenging to allocate capital effectively, prioritize initiatives and drive scale in our most promising areas,
Food & drink
fromABC7 Los Angeles
2 months ago

Kraft Heinz undoes blockbuster merger after a decade of changing tastes

But shifting tastes complicated those plans, with households seeking to introduce healthier options at the table. Kraft Heinz and other food producers have tried to follow those trends. In 2021, Kraft Heinz sold both its Planters nut business and its natural cheese business, vowing to reinvest the money into higher-growth brands like P3 protein snacks and Lunchables. But the company continued to struggle, and Kraft Heinz's net sales fell 3% in 2024.
Business
US politics
fromwww.aljazeera.com
3 months ago

MSNBC reveals new name as part of corporate divorce from NBC

MSNBC will rebrand as My Source News Opinion World (MS NOW) and remove the NBC logo as part of its separation from NBC News.
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