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Watch: Starbucks Looks To Accept Cryptocurrency, But It Won’t Be Bitcoin

Starbucks Executive Chairman, Howard Schultz, sees blockchain as a technology with immense potential. Despite seeing value in cryptocurrencies, Schultz is skeptical that Bitcoin is the one. Starbucks isn’t afraid of trending tech, as the success of their mobile payments demonstrates, and crypto just might be next for the coffee giant. [Cryptocurrencies] will have to be…

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Starbucks Executive Chairman, Howard Schultz, sees blockchain as a technology with immense potential. Despite seeing value in cryptocurrencies, Schultz is skeptical that Bitcoin is the one. Starbucks isn’t afraid of trending tech, as the success of their mobile payments demonstrates, and crypto just might be next for the coffee giant.

[Cryptocurrencies] will have to be legitimatized by a brand in a brick-and-mortar environment, where the consumer has trust and confidence in the company. Are Bitcoin competitors like Ethereum and Litecoin the right fit for Schultz? Or is it yet to be innovated?

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MetaNovas says Orphic can generate a CPG project proposal package in about an hour

MetaNovas says Orphic can generate a CPG project proposal package in about an hour

MetaNovas says Orphic can turn a product brief into a complete proposal package quickly; in an internal test it produced one in about an hour versus roughly two weeks of cross-team work (Business Insider).

  • 01Orphic’s most concrete claim is cycle time: MetaNovas says a multi-function proposal package went from roughly two weeks to about an hour on a real ingestible beauty brief (Business Insider).
  • 02CPG teams evaluating agentic AI are simultaneously consolidating systems: 82% of respondents in Veeva QualityOne’s survey said they are moving from legacy or best-of-breed tools to unified platforms, a useful signal on integration expectations (PR Newswire).

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Hain Celestial is selling most of its international business to AURELIUS for $323 million

Hain Celestial has signed a definitive agreement, announced Sept. 14, to sell most of its International business to private equity firm AURELIUS for an estimated $323 million in cash. Ella's Kitchen and New Covent Garden soups are included. Retailers, distributors and suppliers trading with those brands could face a new counterparty once the deal closes, though no closing date has been reported.

  • 01Hain expects $305 million to $310 million in net proceeds on an estimated $323 million headline price, and the announcement does not itemize what accounts for the difference.
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