India's quick commerce sector is 'one of the greatest stories on the planet': EMQQ's Carter
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Los Angeles Times
7 minutes ago
- Los Angeles Times
Kellogg says it will remove artificial dyes from cereals by the end of 2027
NEW YORK — WK Kellogg Co. plans to remove artificial dyes from its breakfast cereals in the next two and a half years, according to the company and the attorney general of Texas. The maker of Froot Loops and Apple Jacks gave the timeline as U.S. food producers face increasing pressure from the U.S. government and consumers to phase out synthetic colorings from their products. Texas Attorney General Ken Paxton said Wednesday that Kellogg had signed an agreement assuring his office that the Michigan-based company would 'permanently remove toxic dyes' from its cereals by the end of 2027. Paxton launched an investigation earlier this year into whether Kellogg violated state consumer protection laws by continuing to use blue, red, yellow, green, and orange artificial dyes. Around the same time, U.S. health officials said that they would urge foodmakers to voluntarily work toward removing petroleum-based colors. Both Kellogg and General Mills, another major U.S. cereal maker, said they would. General Mills later joined Kraft Heinz, Nestle, Smuckers and some other food manufacturers in announcing target dates for making all their products without artificial dyes. But Paxton's office said Kellogg was the first to sign a 'legally binding' agreement. 'Following months of investigating and negotiating, I'm proud to officially say Kellogg's will stop putting these unhealthy ingredients in its cereals,' the attorney general said in a statement. Details about the terms of the agreement Kellogg signed, which is legally known as an assurance of voluntary compliance, were not immediately clear. The company did not comment on it directly when reached by The Associated Press on Thursday but said it appreciates 'the opportunity to work collaboratively with the Texas AG's office and share their focus on health and wellness.' Kellogg also pointed to its earlier commitment to phase out FD&C dyes, which are synthetic additives that the U.S. Food and Drug Administration approved for use in food, drugs and cosmetics. It said it already planned to stop launching new products with the dyes in January. 'We have announced we are reformulating our cereals served in schools to not include FD&C colors by the 2026-27 school year,' Kellogg said in an emailed statement Thursday. By the end of 2027, 'we will completely remove FD&C colors from the small percentage of our foods that contain them today.' According to Kellogg's website, 85% of the cereal the company sells contains no FD&C colors — and none of its products have included Red No. 3 for years. Federal regulators banned that dye from food in January. Synthetic dyes have long been used to make brightly colored cereals, drinks, candies, baked goods and even products like cough syrup. But health advocates have called for the removal of artificial dyes from foods, citing mixed studies indicating they can cause neurobehavioral problems, including hyperactivity and attention issues, in some children. The FDA has maintained that its currently approved dyes are safe and that 'the totality of scientific evidence shows that most children have no adverse effects when consuming foods containing color additives.' Pressure on the food industry has increased since Robert F. Kennedy Jr., an outspoken critic of such synthetic additives, became President Donald Trump's health secretary. Grantham-Philips writes for the Associated Press.
Yahoo
30 minutes ago
- Yahoo
Opendoor Announces CEO Search in Support of Next Phase of Growth and Innovation
Shrisha Radhakrishna appointed as President and interim leader of Opendoor SAN FRANCISCO, Aug. 15, 2025 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today announced that effective immediately, the Board has appointed Shrisha Radhakrishna as President and interim leader of Opendoor. Carrie Wheeler, Opendoor's current Chief Executive Officer and Chair of the Board, has made the decision to step down from her roles with the company, also effective immediately. Ms. Wheeler will act as an advisor to the Board through the end of the year. The Board has elected Eric Feder, President of LenX, Lennar Homes' strategic investing arm, as Lead Independent Director. In conjunction with the company's strategic evolution, Ms. Wheeler approached the Board of Directors and they began a CEO succession planning process in mid-2025, retaining Spencer Stuart to assist with the process. The CEO search is well underway. 'The company is well positioned to focus on its considerable data and unique assets in today's high-tech AI world. The Board has confidence in the Opendoor team and has conviction in the strategy, including scaling Key Connections, the rollout of Cash Plus across our markets and continuous improvement of our core cash-offer business, and believes the company is creating long-term value for customers, agents and shareholders,' said Mr. Feder. 'We are deeply grateful for Carrie's leadership and dedication to Opendoor over the past six years – first as a board member, then taking us public as CFO, and finally as our CEO,' added Mr. Feder. 'Carrie has always operated with the highest integrity and leaves this company in a stronger position than when she took it over.' 'Leading Opendoor has been a true privilege,' said Ms. Wheeler. 'We've built a stronger, more focused company, expanded our offerings, and set the stage for the future – all in one of the most challenging real estate markets in history. I believe now is the right moment for a leadership transition, and I'm confident the company is on a strong path forward.' Mr. Radhakrishna currently serves as Opendoor's Chief Technology & Product Officer. Since joining as CTPO, Shrisha Radhakrishna has rallied the organization around a simple mandate: ship game-changing products for customers, faster. The team has successfully reduced millions in infrastructure costs and launched entirely new experiences like Cash Plus, fundamentally changing Opendoor's operating speed and how it delivers value. 'I am incredibly excited about Opendoor's next chapter. We are not only enhancing our current products but building the platform that defines the future of residential real estate transactions,' said Mr. Radhakrishna. As the company conducts its CEO search, Mr. Radhakrishna and Selim Freiha, Chief Financial Officer, will report directly to the Board. Bio on Shrisha RadhakrishnaShrisha Radhakrishna has served as Opendoor's Chief Technology & Product Officer since 2024. In that role he has led a multidisciplinary team of engineers, designers, product managers, and data scientists to drive tech innovation and product development. With over 20 years of experience, Shrisha has a proven track record of building cutting-edge digital platforms that solve real-world challenges. Before joining Opendoor, he was Chief Technology & Product Officer at LegalZoom. Prior to that, he spent over a decade at Intuit, where he played a key role in developing QuickBooks Self-Employed and QuickBooks Online—two of Intuit's fastest-growing products. Shrisha holds a B.E. in Information Sciences from Bangalore University in India and an MBA from Northwestern University's Kellogg School of Management. About Opendoor Opendoor is a leading e-commerce platform for residential real estate transactions whose mission is to power life's progress, one move at a time. Since 2014, Opendoor has provided people across the U.S. with a simple and certain way to sell and buy a home. Opendoor is a team of problem solvers, innovators, and operators who are leading the future of real estate. Opendoor currently operates in markets nationwide. For more information, please visit Forward Looking StatementsThis press release contains certain forward-looking statements within the meaning of Section 27A the Private Securities Litigation Reform Act of 1995, as amended. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking, including statements regarding our CEO search, our new and enhanced product offerings, our business strategy and our ability to create long-term value for sellers, agents and shareholders. These forward-looking statements generally are identified by the words 'anticipate', 'believe', 'contemplate', 'continue', 'could', 'estimate', 'expect', 'forecast', 'future', 'guidance', 'intend', 'may', 'might', 'opportunity', 'outlook', 'plan', 'possible', 'potential', 'predict', 'project', 'should', 'strategy', 'strive', 'target', 'vision', 'will', or 'would', any negative of these words or other similar terms or expressions. The absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties that can cause actual results to differ materially from those in such forward-looking statements. The factors that could cause or contribute to actual future events to differ materially from the forward-looking statements in this press release include but are not limited to: the current and future health and stability of the economy, financial conditions and residential housing market, including any extended downturns or slowdowns; changes in general economic and financial conditions (including federal monetary policy, the imposition of tariffs and price or exchange controls, interest rates, inflation, actual or anticipated recession, home price fluctuations, and housing inventory), as well as the probability of such changes occurring, that impact demand for our products and services, lower our profitability or reduce our access to future financings; actual or anticipated fluctuations in our financial condition and results of operations; changes in projected operational and financial results; our real estate assets and increased competition in the U.S. residential real estate industry; our ability to operate and grow our core business products, including the ability to obtain sufficient financing and resell purchased homes; investment of resources to pursue strategies and develop new products and services that may not prove effective or that are not attractive to customers and/or partners or that do not allow us to compete successfully; our ability to acquire and resell homes profitably; our ability to grow market share in our existing markets or any new markets we may enter; our ability to manage our growth effectively; our ability to expeditiously sell and appropriately price our inventory; our ability to access sources of capital, including debt financing and securitization funding to finance our real estate inventories and other sources of capital to finance operations and growth; our ability to maintain and enhance our products and brand, and to attract customers; our ability to manage, develop and refine our digital platform, including our automated pricing and valuation technology; our ability to realize expected benefits from our restructuring and cost reduction efforts; our ability to comply with multiple listing service rules and requirements to access and use listing data, and to maintain or establish relationships with listings and data providers; our ability to obtain or maintain licenses and permits to support our current and future business operations; acquisitions, strategic partnerships, joint ventures, capital-raising activities or other corporate transactions or commitments by us or our competitors; actual or anticipated changes in technology, products, markets or services by us or our competitors; our ability to protect our brand and intellectual property; our success in retaining or recruiting, or changes required in, our officers, key employees and/or directors, including our Chief Executive Officer role; the impact of the regulatory environment and potential regulatory instability within our industry and complexities with compliance related to such environment; any future impact of pandemics, epidemics, or other public health crises on our ability to operate, demand for our products and services, or general economic conditions; our ability to maintain our listing on the Nasdaq Global Select Market; changes in laws or government regulation affecting our business; the impact of pending or future litigation or regulatory actions; and the volatility in the price of our common stock. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described under the caption 'Risk Factors' in our most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission (the 'SEC') on February 27, 2025, as updated by our Quarterly Report on Form 10-Q for the quarter ended June 30, 2025 and other filings with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and, except as required by law, we assume no obligation and do not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. We do not give any assurance that we will achieve our expectations. Contact Information Investors:investors@ Media: press@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
35 minutes ago
- Yahoo
Meet the first batch of VCs set to judge Startup Battlefield 200 at TechCrunch Disrupt 2025
From Dropbox to Cloudflare, Startup Battlefield alumni have redefined industries. Who will win $100,000 and the spotlight this year? Startup Battlefield 200 is the crown jewel of TechCrunch Disrupt — and this year's competition promises to be unforgettable. From thousands of applicants, only the top 20 will take the Stage at Disrupt 2025 (October 27–29, San Francisco) to pitch their vision to panels of top-tier VCs in front of a live audience. Every contender is chasing game-changing impact — and we're here for the drama, the breakthroughs, and the big reveals. We're thrilled to announce our first wave of judges who will put these startups to the test with rigorous, no-holds-barred Q&A. Their candid feedback offers a rare window into how world-class investors size up a company — what excites them, what concerns them, and what makes them want to take the next meeting. Winning Startup Battlefield has launched companies like Dropbox, Mint, Vurb, and Cloudflare into the spotlight — and with a $100,000 equity-free prize on the line, the next big name could be born on the Disrupt Stage this October. Don't miss this high-stakes startup pitch-off on a global stage. Learn from emerging founders what it takes to deliver a winning pitch, and hear directly from the investors judging the contenders. Register now for Regular Bird savings. First look: Meet the VCs taking the judges' seats Here are the first five VCs ready to help crown the Startup Battlefield 2025 champion — with more top investors to come soon. Philip Clark, Investor, Thrive Capital Philip Clark is an investor at Thrive Capital, where he has partnered with leading software and hardware companies that are engineering breakthrough advancements in AI and robotics, including Anduril, Cursor, Neuralink, Physical Intelligence, and Wiz. He previously invested at Bridgewater. Philip graduated from Stanford with degrees in Computer Science and Management Science and Engineering. He continues to advise the Hoover Institution on various topics in emerging technologies. Madison Faulkner, Partner, NEA Madison Faulkner is a partner at NEA investing in early-stage data, infrastructure, developer tools, data science, and AI, and she also leads the data and AI platform internally for improved investment decision-making. Across her investing career, she has worked with startups including World Labs, Factory, Ceramic, Metabase, Datafold, Delphina, Mindtrip, Fixify, and others. Prior to investing, Madison was head of data science and machine learning at a growth startup, Thrasio, Head of data science at Greycroft, and led a data science team at Facebook focused on the ad auction and deep learning with FAIR. Madison received a BS in Engineering from Stanford and grew up in Colorado performing in rodeos. Leslie Feinzaig, Founder & General Partner, Graham & Walker VC Leslie Feinzaig is the founder and general partner at Graham & Walker, an early-stage venture fund backing extraordinary founders and ideas that break the mold, whose mission is to change the face of public markets by backing a new guard of founders and CEOs. Prior to launching the fund, Ms. Feinzaig was a 2x startup exec with 8- and 10-figure exits who started her career under the tutelage of HBS Professor Clayton Christensen, author of the seminal theory of disruptive innovation. Ilya Kirnos, Founding Partner & CTO, Signalfire Ilya Kirnos is the co-founder, managing partner, and CTO of ~$3 billion AUM early-stage venture firm SignalFire. He leads the development of SignalFire's in-house Beacon AI data platform, which he's been building for a decade with the firm's team of AI PhDs, engineers, and data scientists. Beacon tracks more than 660 million employees and 80 million companies to guide the fund's investing by surfacing high-quality founders and fast-growing companies, and assists its portfolio companies with recruiting and customer acquisition. As an investor, Ilya focuses on backing seed to Series B companies in enterprise infrastructure and developer tools. He supports highly technical startups in SignalFire's portfolio, including Horizon3 (autonomous pen-testing), OneSignal (notification infrastructure), and PlanetScale (scalable databases). Doug Pepper, Partner, ICONIQ Doug Pepper is a general partner at ICONIQ Growth. He joined ICONIQ Growth in 2019. Doug has helped lead ICONIQ Growth's investments in Airtable, Guild Education, Reify, and others. Prior to joining ICONIQ Growth, Doug was a managing director at Shasta Ventures, a premier early-stage venture capital firm. Previously, he was a general partner at InterWest Partners for 15 years, where he was the first investor in Marketo and served on its board of directors for 10 years. He began his career working at Goldman Sachs and Register now to join the pitch-off action in October TechCrunch Disrupt 2025 marks 20 years as the launchpad for tech innovation. The startup landscape has evolved, but Disrupt remains the place where industry leaders shape the future. From invaluable sessions and game-changing connections to Startup Battlefield, it all happens here this October. Lock in your ticket at low rates now. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
