Elliott’s plan for PepsiCo includes investing in some of its iconic brands, shedding others

Elliott’s plan for PepsiCo includes investing in some of its iconic brands, shedding others

Company: PepsiCo Business: PepsiCo is one of the world’s largest consumer packaged goods companies, with a portfolio of some of the most iconic brands in food and beverage. Its brands include: Lay’s, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker and SodaStream. Its segments include Frito-Lay North America (FLNA); Quaker Foods North America (QFNA); PepsiCo Beverages…

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Cliff Diving World Series champion crowned

Cliff Diving World Series champion crowned

IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing Cliff Diving World Series champion crowned 00:29 UP NEXT D.C. rallies in protest of Trump’s federal troops 00:35 Sen. Durbin calls Trump post about Chicago ‘disgusting’ 00:28 Police return 5-year-old who wandered to Chick-fil-A 01:10 Police find man…

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Lisbon funicular brake guard among 16 killed

Lisbon funicular brake guard among 16 killed

Jemma Crew & Doug FaulknerBBC News ‘I’ll never take the funicular again’: Witness on moment of the crash Portugal is reeling after 16 people died and around 20 were injured when Lisbon’s famous Glória funicular cable railway derailed on Wednesday evening. Five of those killed were Portuguese along with three Britons, two South Koreans, two…

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Justice dept eyes AI to streamline processes

Justice dept eyes AI to streamline processes

Mmamoloko Kubayi, minister in the Department of Justice and Constitutional Development. While corporate SA is said to be leading the charge in artificial intelligence (AI) integration, South African government departments are taking notes in hopes of following suit. The Department of Justice and Constitutional Development (DJCD) is working with the SA Law Reform Commission and…

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Hippo capsizes boat in Ivory Coast; 11 people missing, including children and baby

Hippo capsizes boat in Ivory Coast; 11 people missing, including children and baby

Eleven people, including children and a baby, were missing after a hippopotamus capsized their boat in southwestern Ivory Coast, a government official said Saturday. The West African nation’s minister for national cohesion and solidarity, Myss Belmonde Dogo, said on her Facebook page that the missing included women, little girls and an infant. She said the…

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OpenAI’s staggering burn rate: 5-billion by 2029

OpenAI’s staggering burn rate: $115-billion by 2029

OpenAI has sharply raised its projected cash burn through 2029 to US$115-billion (R2-trillion) as it ramps up spending to power the AI behind its popular ChatGPT chatbot, The Information reported on Friday (paywall). The new forecast is $80-billion higher than the company previously expected, the news outlet said, without citing a source for the report….

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City Power pauses smart meter conversions

City Power pauses smart meter conversions

City Power has halted electricity meter conversions until November. The City of Johannesburg (COJ) has paused its programme to swap existing electricity meters with smart meters following customer complaints over “discrepancies in some accounts” and other issues. City Power announced the pause more than a week after the suspension began, saying it will remain in…

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