Trey Tamaki was diagnosed with cancer and had to take some time off school while studying computer science. Now, he works on Starbucks' tech team.
Starbucks is rolling out recyclable, strawless cups for iced drinks across the US and Canada, two years after first announcing the move.
It’s a fact of life that things get lost, whether under the couch, left at Starbucks, or, worse, taken by someone. Technologies have been developed to help remind you when you and your stuff stray too far from each other or even help you locate these things when the inevitable does happen. Not all lost things get found, even with … Continue reading
The Business Research Company published its Coffee Capsule Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global Coffee Capsule market.The report provides in-depth analysis of the impact of COVID-19 on the market, along with revised market numbers due to the effects of the coronavirus.The report covers the Coffee Capsule market’s segments-1) By Material: Conventional Plastic, Bio plastics, Fabric, Others2) By Application: Household, Commercial.View Complete Report: Capsule Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market.The slow growth in 2020 is mainly due to the economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it.Thus, companies are pushing towards finding new innovative biodegradable material such as polypropylene, which can be shredded and recycled to be used to make coffee capsules.Few Points From Table Of Content  1.Coffee Capsule Market Regional And Country Analysis……25.
Mobile wallet payment has certainly become the most preferred mode of payment for tech-savvy millennial and Gen Z.According to a report, as much as 67% of the millennial are using mobile wallets.It’s also interesting to note that nowadays, the applications of mobile wallets are not only limited to making payments.With mobile wallets evolving with time, the customer’s expectations from it have also increased rapidly.This is the reason why customers want more than the speed and convenience at which mobile wallets can make their payments for medicine, coffee, or airlines tickets.Now, they desire that all their retail rewards balances, airline miles, and other loyalty point to be incorporated in their mobile wallet.This latest desire or demand of the customers is already met by some big names like Starbucks, Wyndham, and Walgreens which are offering customers with rewards for each time they make payments from their mobile wallets.More and more customers are now using their mobile wallets for gaining loyalty rewards as shown in the below graphic which shows diverse adoption of mobile wallet by the customers.READ MORE  : How to cash in with customer loyalty programs on your mobile wallets 
While some Starbucks fans have been able to get the tumblers in store, the official drop isn't expected until September.
Here are the top media and advertising stories from Business Insider for August 28.
Capsule Coffee Machine Market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market.Capsule coffee machine market will expected to register a growth at a rate of 12.3% for the forecast period of 2020 to 2027.Capsule coffee machine market report analyses the growth due to factor such as increasing usage and consistent brewing results.Get Sample Report at : Analysis: Global Capsule Coffee Machine MarketFew of the major competitors currently working in Global Capsule Coffee Machine Market are Keurig Green Mountain, Inc., Nespresso S.A., Dualit, JACOBS DOUWE EGBERTS PRO, STARBUCKS CORPORATION., LUIGI LAVAZZA SPA, Koninklijke Philips N.V., Jacobs Douwe Egberts GB Ltd, illycaffè S.p.A., Coffeeza, AAA ELECTRIC APPLIANCE, BUNN, Bloomfield, Grindmaster-Cecilware, Inc., Hamilton Beach Brands, Inc., Wilbur Curtis Co., Avantco Equipment, Bravilor Bonamat, Food Equipment Technologies Company,  among other domestic and global players.Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately.DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.Key Pointers Covered in the Global Capsule Coffee Machine Market Trends and Forecast to 2026Global   Capsule Coffee Machine Market New Sales VolumesGlobal   Capsule Coffee Machine  Market Replacement Sales VolumesGlobal   Capsule Coffee Machine Market Installed BaseGlobal   Capsule Coffee Machine Market By BrandsGlobal   Capsule Coffee Machine Market SizeGlobal   Capsule Coffee Machine  Market Procedure VolumesGlobal   Capsule Coffee Machine Market Product Price AnalysisGlobal   Capsule Coffee Machine Market Healthcare OutcomesGlobal   Capsule Coffee Machine Market Cost of Care AnalysisGlobal   Capsule Coffee Machine Market Regulatory Framework and ChangesGlobal   Capsule Coffee Machine Market Prices and Reimbursement AnalysisGlobal   Capsule Coffee Machine Market Shares in Different RegionsRecent Developments for Global   Capsule Coffee Machine Market CompetitorsGlobal   Capsule Coffee Machine Market Upcoming ApplicationsGlobal   Capsule Coffee Machine Market Innovators StudyGet Detailed TOC: of the Capsule Coffee Machine MarketCapsule coffee machine market will expected to register a growth at a rate of 12.3% for the forecast period of 2020 to 2027.
Hi! Welcome to the Insider Advertising daily for August 25. I'm Lauren Johnson, a senior advertising reporter at Business Insider. Subscribe here to get this newsletter in your inbox every weekday. Send me feedback or tips at [email protected] Today's news: Amazon's new advertising metric, streaming companies bet on going global, and the power players of TikTok in the US. Amazon started showing a favored metric for advertisers this month, making it easier for large brands to compare ad efficiency against Google and Facebook Eugene Kim reported that Amazon rolled out an advertising metric called "return on ad spend" for sponsored ads this month. The metric is different from "advertising cost of sales," the previous metric that Amazon's advertisers used to track ad effectiveness. The new metric addresses large advertisers' asks for better ways to measure the ad performance on Amazon against Facebook and Google. Read the full story here. International expansion will make or break streaming TV services. Experts explain the challenges Disney, WarnerMedia, Starz, and others face. Media companies like Disney are realizing that global expansion is key to streaming success, reports Ashley Rodriguez. ViacomCBS, Discovery, and WarnerMedia plan to expand their services internationally but face challenges that early streaming companies like Netflix and Apple did not, including navigating pre-existing distribution deals and picking the brands to peg their platform to. "The biggest issue in general for these services is they've already sold a lot of their content into longterm deals internationally," said Eric Haggstrom, forecasting analyst at Insider Intelligence. Read the full story here. These are the 29 power players steering TikTok's rise in the US With TikTok's US operations facing threats from the Trump administration, Paige Leskin identified the 29 most important people running TikTok's US business. The executives include US general manager Vanessa Pappas and Michael Beckerman, head of US public policy, in addition to CEO Kevin Mayer. Blake Chandlee, vp of global business solutions, is responsible for spearheading TikTok's advertising business, which has grown to include ad formats like branded AR effects and in-feed videos. Read the full story here. More stories we're reading: Several Google products are close to joining the billion-user club. Here are Google's biggest money makers with 1 billion users, and the products that could be next. (Business Insider) 20 CEOs of thriving DTC brands like Olipop and The Naked Market reveal why their companies will succeed in a post-pandemic world (Business Insider) Starbucks' Pumpkin Spice Latte returns on Tuesday, the earliest ever debut of the iconic autumnal drink (Business Insider) Color of Change: The Facebook boycott was 'somewhat of a start, but there's still a long way to go' (AdExchanger) CVS debuts its own media network (AdAge) Thanks for reading and see you tomorrow! You can reach me in the meantime at [email protected] and subscribe to this daily email here. — LaurenJoin the conversation about this story » NOW WATCH: Why American sunscreens may not be protecting you as much as European sunscreens
Hi! Welcome to the Insider Advertising daily for August 24. I'm Lauren Johnson, a senior advertising reporter at Business Insider. Subscribe here to get this newsletter in your inbox every weekday. Send me feedback or tips at [email protected] Today's news: Facebook's CMO steps down, Complex Networks changes leadership, and GSTV's advertising pitch. Facebook CMO Antonio Lucio is stepping down after nearly 2 years as global marketing chief Facebook chief marketing officer Antonio Lucio is stepping down from his role, citing a desire to "play a more active part in accelerating change" in the advertising industry, Paige Leskin and Tanya Dua reported. Lucio has been chief marketing officer at Facebook for nearly two years. His time at the company has largely overlapped with a stream of negative press and continued fallout from the Cambridge Analytica scandal. In a Facebook post announcing his leave, Lucio said that he wanted to focus on tackling diversity, inclusion and equity in the advertising industry. "Specifically, I want to devote the next, and probably final, chapter of my professional life to help companies and agencies in the marketing and advertising industries accelerate their transformation," he wrote. Read the full story here. Complex Networks has named new HR and social media heads after investigation into complaints about workplace culture Digital media company Complex Networks named two new department heads amid a reckoning over allegations of unfair treatment of employees. The company has named Krystle Douglas as head of HR and Aia Adriano as head of social media, roles that were previously filled by Jay Salim and Arman Singh Walia. President Christian Baesler announced the promotions over Slack, adding that the company has work to do to fix its culture. "Over the past few weeks, we've taken a hard look at ourselves and our organization, acknowledging some difficult truths about the way we have operated in the past and doing the work to continue creating a more respectful and inclusive culture now and into the future," he wrote. Read the full story here. A gas station ad platform says its business is soaring in the pandemic as driving picks up. Here's the pitch deck it's using to win advertisers. Patrick Coffee looked at how GSTV, a company that runs ads at gas station pumps, is pitching advertisers during the pandemic. A pitch deck shows that GSTV reaches one-third of all adults and has more locations than McDonald's or Starbucks. The deck also includes data from Mastercard that found that people spend almost four times as much at big box stores after filling up their gas tank compared to days when they don't fill their tanks. Read the full story here. More stories we're reading: Instagram Reels isn't a TikTok killer, but influencers and marketers see money-making potential (Business Insider) 2 top McDonald's executives exit as the fast-food giant grapples with questions about its culture (Business Insider) Amazon just promoted Dave Clark, a former warehouse manager with a music degree, to be its new retail CEO after having 'tested' him for years (Business Insider) Can this relationship be saved? Big tech and big advertisers talk it over. (New York Times) 'Game of whack-a-mole': Spotify has a counterfeit podcast problem (Digiday) Thanks for reading and see you tomorrow! You can reach me in the meantime at [email protected] and subscribe to this daily email here. — LaurenJoin the conversation about this story » NOW WATCH: Why American sunscreens may not be protecting you as much as European sunscreens
   The report Global Instant Beverage Premix  Market Report 2025 offers detailed scope of the market which includes industry chain structure, applications, and classifications.The global market study is presented for the international market measures including development trends, competitive landscape analysis, investment plan, strategy, opportunity, and key regions development status.The report also provides import or export consumption, supply and demand structures, cost, policy, price, industry share, gross margins and revenue.Key Player Mentioned: Ajinomoto General Foods Inc, Monster Beverage Company, The Coca-Cola Company, Starbucks Corporation, Suntory Beverage & Food Limited, Dunkin’ Brands Group Inc, The Republic of Tea Inc, Keurig Green Mountain Inc, PepsiCo Inc.Request Sample Copy at: Exploration studies provide an in-depth assessment of the worldwide Instant Beverage Premix  Market and help market participants get a solid foundation within the industry.), Asia-Pacific (China; India; Japan; Southeast Asia etc.Ask For Discount at: specific analysis of competitive picture of the worldwide Instant Beverage Premix  Market has allowed, providing insights into recent improvements, financial standing, the corporate statements, mergers and acquisitions, and so the SWOT analysis.This analysis report will provides a clear program to readers concern about the overall market position to further choose on this marketplace projects.Some of the key questions answered during this report: 1.
Summary - A new market study, titled Global Gift Cards Market Research Report 2025 Trends and Opportunities 2020 – 2026 has  been featured on WiseGuyReports.Summary ICRWorld’s Gift Cards market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability.The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.The report includes the forecasts, Analysis and discussion of important industry trends, market size, market share estimates and profiles of the leading industry Players.Global Gift Cards Market: Product Segment Analysis Universal Accepted Open Loop E-Gifting Restaurant Closed Loop Retail Closed Loop Miscellaneous Closed Loop Global Gift Cards Market: Application Segment Analysis Restaurant Deportment Store Coffee Shop Entertainment (Movie, Music) Global Gift Cards Market: Regional Segment Analysis USA Europe JapanALSO READ: China India South East Asia The Players mentioned in our report Amazon Sephora ITunes Walgreens Walmart Carrefour Home Depot Starbucks Lowes Google Play Virgin Zara JD AL-FUTTAIM ACE IKEA Macy’s Best Buy JCB Gift Card H Sainsbury’sMORE DETAILS: Us:Wise Guy Reports is part of the Wise Guy Research Consultants Pvt.Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe.Contact Us: NORAH TRENT                                                      [email protected]       Ph: +162-825-80070 (US)                          Ph: +44 2035002763 (UK)      
Starbucks has a lot to offer.If you are a vegan, you should try these vegan drinks at Starbucks and never run out of Starbucks drink options.
 The Global Food Service Market Research Report 2019 can be stated as the finished package that assists in facilitation of growth of market.The report comprises of complete, accurate and detailed studies and sub-studies.The reader can prove beneficial with the help of ingenious and comprehensive data included in the report to be discussed on global level.Key Player Mentioned: McDonald's, Restaurant Brands International, Sodexo, Starbucks, Yum!Brands, Aramark, Compass Group North America, Domino's, Dicos, In-N-Out Burger, The Little Caesars, Jollibee Foods, Mr. Lee's, White Castle Management, Carl's Junior Restaurant, American Dairy Queen, MOS Food Services, Services Group of AmericaRequest Sample Copy at: Market study report involves an evaluation of the sector.It's also united with tables and charts to allow readers to find a better view of the industry.Product Segment Analysis: Conventional Foodservice System, Centralized Food Service System, Ready-Prepared Foodservice System, Assembly Serve Foodservice SystemApplication Segment Analysis: Application A, Application B, Application CRegional Segment Analysis: North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain etc.This study on Food Service market can be used for key decision making because it is important and beneficial in supporting opportunity identification and development.Key questions answered in this report: • Which segments will perform well in the Food Service market over the forecasted years?• What are the major end results and effects of the five strengths study of industry?
Cannabis tech startup Dutchie closed a $35 million Series B funding round. The Bend, Oregon based e-commerce startup's investors include Thrive Capital, Kevin Durant's Thirty Five Ventures, former Starbucks CEO Howard Schultz, and more. Dutchie CEO Ross Lipson shared the pitch deck he used to close the $35 million round with Business Insider.  For more stories like this, sign up for our Cultivated newsletter. Venture investors are seeing green in cannabis tech.  Cannabis ecommerce startup Dutchie closed a $35 million funding round, the company said on Tuesday. The round included mainstream funds, like Josh Kushner's Thrive Capital and Kevin Durant's Thirty Five Ventures, as well as Casa Verde Capital, a cannabis-focused fund, and Howard Schultz, the billionaire Starbucks founder. The Bend, Oregon-based company uses software to connect cannabis consumers — who can order from the comfort of their own homes — to local dispensaries in their area. CEO Ross Lipson, one half of the pair of brothers that runs the startup, previously founded a food delivery startup he sold to Just Eat in 2012. Lipson said that while Dutchie has some similarities to his previous ecommerce business, working in cannabis is a totally different ballgame. Read more: We got an exclusive look at the presentation that wellness startup B Great is using to raise $2.5 million to chase down the $2 billion CBD market "The food space has been around for a long time," Lipson told Business Insider. "There are many players that have defined it and we're just kind of adding on. We actually have this unique opportunity being in cannabis with such a brand new industry, and it's evolving so fast that we get to define it." Mainstream VCs are warming up to the cannabis industry Thrive Capital, for its part, is one of the few mainstream venture funds that has invested in the cannabis tech space, having invested in LeafLink last year. "I think VCs are warming up to the cannabis space," Lipson said. "Especially on the tech side. But it's moving slow." Most mainstream funds are barred from investing in cannabis because their investors — or limited partners — have specific clauses in their contracts that prevent VCs from investing in industries like cannabis, or gambling. Read more: The cannabis-tech startup Fyllo used this pitch deck to land $26 million. Here's an inside look at how it's using AI to shape the future of cannabis retail. But as cannabis becomes more mainstream — spurred by the "essential business" designation many dispensaries received at the height of the lockdowns associated with the pandemic — Lipson says that venture funds are cautiously opening their doors to the sector as cannabis use becomes more widespread. "The needle is moving in the right direction," Lipson said.  Here's an exclusive look at Dutchie's Series B pitch deck:Dutchie is an ecommerce startup that uses software to help people order from local dispensaries while they're at home. Cannabis dispensaries can use Dutchie's software to order products from their suppliers, optimizing their spending on what consumers are likely to purchase. Its initial slide explains that approach to online ordering in the cannabis industry. Dutchie's deck notes that 10% of all legal cannabis is bought through its software. Dutchie's online presence is a notable part of a growing market. The cannabis industry is growing rapidly and could hit $42.7 billion in sales in the next four years. Lipson said investors frequently asked about Dutchie's market share, and how that compares to the competition. Today, 33% of all online cannabis purchases in North America happen through Dutchie. Of the 5,220 dispensaries in North America, Dutchie works with 1,300. Dutchie is processing $2.3 billion in annualized gross merchandise value, a measure of sales, Lipson said. Attracting new dispensaries to its platform is critical to the startup's growth. Lipson said investors wanted to know if the platform could get repeat customers, who may spend a little more time – and more money — through the platform each time they order. Dutchie's executive team consists of Ross and his older brother. He says they argue like brothers do but somehow, they make it work. In terms of Dutchie's priorities for the fresh capital, Lipson said scaling up their software and hiring are priorities. He said he expects to double the startup's size in the next 12 months, from a little over 100 employees to around 200. Building out an engineering team with technical experience inside and outside of cannabis is priority number one, Lipson says. And as the company grows, it'll need more people to work in client-facing roles to respond to requests and manage relationships. While they're looking for candidates who have experience in tech, Lipson says he wants hires that are "really hungry and motivated" to help shape the burgeoning cannabis sector. "We need to continuously move as fast and as aggressive as possible being that this is a nascent industry," Lipson said. "It's moving quick, and in order for us to stay at the forefront of it and continue to pump out bleeding-edge technology we need to continuously accelerate."
There’s a reason the Starbucks Frappuccino became such an iconic treat: Coffee “slushies” hit the elusive sweet spot between indulgence and refreshment. Coffee snobs may feel tempted to dismiss these blended beverages as “not real coffee.” But the longstanding Italian tradition of granita, a dessert made from semi-frozen and shaved espresso, begs to differ. Frozen coffee deserves respect and full, unabashed enjoyment. However, it can be a challenge to whip up a version in a home kitchen that compares with the drinks available at coffee shops. With that in mind, we asked a group of coffee pros for their best frozen coffee-making advice, and they offered up these tips and recipes.  1. Strong coffee works best. Because frozen coffee drinks are blended with ice, a common complaint is that they tend to taste watered down. To ensure the presence of distinct coffee flavour throughout your beverage, blogger Jee Choe of Coffee At Three recommends using “strong brewed coffee or cold brew concentrates, since they won’t water down the flavour once it’s all blended with ice.” Deanne Gustafson, co-founder of Kombucha On Tap, a Southern California company that also distributes cold brew coffee in kegs and cans, views cold brew as the ideal base for a frozen coffee. “Cold brew is less acidic than regular coffee, so it makes [a frozen coffee] taste sweet without adding calories,” Gustafson said. 2. Add a bit of finely ground coffee to the blender.If you’re looking for a quick and simple way to enhance the coffee flavour in your frozen drink, try this technique used by Dan Pabst, coffee and new product development manager of Melitta Coffee: “When making a frozen coffee beverage, in addition to using some kind of liquid coffee ingredient, also blend in 1/2 teaspoon or so of finely ground coffee. It adds some serious coffee flavour!”3. If all else fails, it’s also possible to make a great frozen coffee with the instant stuff.Thanks to the recent mega-popularity of dalgona coffee, instant coffee finds itself more relevant than ever. If you’re fresh out of cold brew or coffee grounds but have some instant java available, then you’ll be glad to know that a great frozen coffee is still within reach. “A dark roast instant coffee will give you a flavour profile closer to Starbucks, whereas a medium roast may be closer to something you’d get at your local shop,” advised Ian Kolb, manager of CupLux Coffee in Charlotte, North Carolina. “Completely dissolve the instant coffee in 2 ounces of water, preferably hot. Pour the coffee into the blender and then add the remaining ingredients into your blender. Blend until you reach your desired consistency.” 4. Get strategic with your ice cubes. Yes, potent coffee will lower the risk of a diluted frozen coffee drink, but it’s also essential to carefully select your ice cubes and your blending process. “The key to any frozen beverage/cocktail is ice control,” said Mike Arquines, co-founder of Mostra Coffee in San Diego. “Taking dilution and final texture into consideration [every] step of the way is the difference between a smooth and creamy drink and a gritty, crushed ice mess.” David Duron, co-founder of Hawaii-based coffee roaster Brazen Hazen, urges frozen coffee enthusiasts to “freeze coffee in ice cube trays and use those instead of regular ice cubes.” From an equipment standpoint, Choe suggests using a blender tamper, which will crush ice more evenly: “It makes a huge difference in making the smoothest frozen coffee.” 5. Don’t feel obligated to add tons of mix-ins and toppings. Many Frappuccino naysayers claim these drinks include too many added ingredients ― that chocolate syrup, crushed cookies or caramel completely eclipse the coffee flavour. If you share these concerns, then take comfort from the words of Raffaello Van Couten of Eleva Coffee in Brooklyn, New York: “Keep it simple, keep it delicious. Consumers want a wow factor, but don’t want to think about it.”6. Want to spike your frozen coffee? Pick a flavourful spirit that packs a punch. The combination of liquor and coffee spans innumerable cultures, and for excellent reason. When making a spiked frozen coffee, you can certainly choose an “obvious” spirit like coffee liqueur or Irish cream. But Egor Polonskiy, manager of trade education and mixology at Patrón, challenges you to get creative. “Frozen coffee is a unique drink concept, [and] you can use a variety of different spirits as a base,” Polonskiy said. “I recommend finding something that has a lot of flavour, complements your coffee, and has [a high] enough proof to stand out in a drink.” Read on for three frozen coffee recipes worth trying in your own blender.Mocha FrappeFrom Lisa Leventhal (national brand ambassador, The House of Sōmrus)The Mocha Frappuccino ranks among Starbucks’ most beloved beverages. If you’re keen on replicating it at home, this recipe from Chicago-based restaurant alum Lisa Leventhal will deliver both a smooth texture and a perfect balance of coffee and chocolate flavours. Ingredients (serves 4)16 coffee ice cubes2 cups regular milk or chocolate oat milk (Leventhal prefers Oatly Chocolate Oat Milk)2 tablespoons chocolate syrup2 tablespoons simple syrup1 cup cream liqueur (optional)Whipped cream, chocolate syrup, sprig of mint (for garnish)1. Make coffee ice cubes by saving leftover coffee on a daily basis and storing it in a Mason jar in the fridge. Once you have 2 cups worth, pour into an ice cube tray and freeze. 2. Add coffee ice cubes, milk, chocolate syrup, simple syrup and cream liqueur (if using) to a blender and blend until the coffee ice cubes are broken down and the mixture has the texture you prefer.3. Pour into a glass, add garnishes and serve with a straw.The Golden PercolatorFrom Matt Shook (owner/founder, JuiceLand, Austin, Texas)This refreshing plant-based smoothie from smash-hit Texas juicery JuiceLand includes aromatic ingredients like cinnamon and turmeric root, which awaken deep flavour notes in the cold brew base and complement the frozen bananas. The result is an ideal beverage for an early start. Ingredients (makes 1 16-ounce smoothie)10 ounces hemp milk 5 ounces cold brew coffee2 bananas, peeled, frozen, and broken into pieces 1/4 teaspoon cinnamon 1 tablespoon coconut oil1 tablespoon fresh turmeric root 1. Add all ingredients to a blender and blend on high until smooth. Espresso GranitaFrom Giorgio Milos (master barista, illy Coffee)As we mentioned previously, the frozen coffee beverages we see at cafes today owe a great deal to Italian granita. This recipe will allow you to make the classic treat at home. Texturally, granita falls somewhere between a Frappuccino and a sorbet, so if you’re lucky enough to own a “spoon straw,” now’s the time to break it out. Ingredients (serves 2)10 fluid ounces brewed espresso (if freshly pulled, allow to cool for 5 minutes before beginning the recipe)1 1/2 ounces white sugar1. Mix coffee and sugar together in a freezer-friendly, quart-sized bowl, making sure that the sugar dissolves completely. The amount of sugar can be adjusted, but the higher the sugar amount, the lower the freezing temperature will be, thus the longer the freezing time.2. Place the bowl in the freezer and allow to freeze for 2-3 hours, depending on desired consistency. Every 20 minutes, remove the bowl, stir the mixture thoroughly and return to freezer.3. When the freezing process is complete, remove the bowl and scoop the granita into a glass. Spike with liqueur of choice, if desired.Related... Everything You Could Possibly Need To Know About Face Masks And Coverings These Are The Coffee Chains Allowing Reusable Cups Again All The Places You Now Need To Wear A Face Mask
Yesterday, we reported that some American companies are coming together to boycott the WeChat ban. The ban on WeChat and TikTok will take full effect ... The post Apple & others opposes WeChat ban – iPhone sales may drop by 30% appeared first on
Renaissance Technologies sold its Apple and Amazon stakes and ramped up its Tesla investment last quarter, a regulatory filing shows. Jim Simons' quantitative hedge fund likely raked in $600 million to $900 million by selling the two tech stocks. RenTech also raised its Tesla stake by 44% after slashing it by 80% in the first quarter. Moreover, the fund increased its Zoom position by 160%, making the startup one of its five most valuable holdings. Visit Business Insider's homepage for more stories. Renaissance Technologies, one of the largest and most successful hedge funds in history, cashed out its Apple and Amazon stakes and boosted its position in Tesla last quarter, according to a regulatory filing. RenTech, a quantitative hedge fund founded by Cold War codebreaker and MIT math professor Jim Simons, sold its roughly 193,000 Amazon shares and 979,000 Apple shares in the three months to June 30. It probably raked in a total of $600 million to $900 million, based on the two stocks' trading ranges in the period. The sales will fuel concerns that the tech titans, which have skyrocketed in value this year, are overpriced and set to retreat. Read more: Warren Buffett should cut his $110 billion Apple stake, veteran Berkshire Hathaway investor says RenTech, which relies on algorithms to make many of its trading decisions, also lifted its stake in Tesla by 44% to 1.1 million shares. The move is a swift reversal for the fund, given it owned 3.9 million shares in Elon Musk's electric-car company at the end of December 2019, only to sell 80% of them in the first quarter of this year. Even so, Tesla was RenTech's 10th most valuable holding at the end of June, up from its 42nd biggest at the end of March. Its rise up the ranks reflected the share purchases and Tesla's stock price more than doubling last quarter. RenTech's other notable trades included boosting its stake in Zoom Video Communications by about 160% to 7.3 million shares. Those were worth $1.8 billion at the end of June, meaning the video-conferencing platform was the fund's fourth-biggest holding. Read more: Fred Liu's Hayden Capital has returned more than 100% in 2020. He breaks down the simple strategy he used to pinpoint 2 stocks that grew 10 times within just a few years. Overall, RenTech's stock portfolio rose in value by 13% to $116 billion last quarter, after tumbling 22% in the first quarter due to the coronavirus pandemic.Join the conversation about this story » NOW WATCH: Here's what it's like to travel during the coronavirus outbreak
On August 5, telehealth giant Teladoc struck an $18.5 billion deal to buy Livongo, a chronic-care company. The record deal is sending shockwaves through an industry that analysts say is ripe for more mergers and acquisitions. Business Insider asked 10 venture capitalists and analysts about the impending consolidation in digital health. They listed 10 startups in mental health, drug research, telehealth, and more that are likely to be acquired or make deals of their own soon. For more stories like this, sign up here for our healthcare newsletter, Dispensed. On August 5, telehealth giant Teladoc struck an $18.5 billion deal to buy Livongo, a chronic-care company. It's the biggest deal in digital health history, and it's sending shockwaves through an industry that's ripe for more mergers and acquisitions, according to Rock Health, a digital health venture fund and advisory firm. "This announcement is merely the starter's pistol for an inevitable virtual care platforms race," wrote Sari Kaganoff, a general manager at Rock Health, in a report on August 6. Through the deal, Teladoc wants to become the go-to service for a variety of health needs, not just acute problems like back pain and colds. It's raising the question of who could be the next giant to offer a similar "one platform, multiple conditions" approach, Kaganoff said. Read more: How the merger of 2 companies in the hottest part of healthcare could leapfrog Amazon to transform how you get care — and why Wall Street isn't getting it. Business Insider asked 10 venture capitalists and analysts about what the impending race means for digital health startups, particularly which ones are acquisition targets for bigger firms.  One investor, Ursheet Parikh of Mayfield, said the sheer size of the "Telavongo" deal likely won't be replicated in 2020, especially since health plans and providers are already so consolidated. It should spur large deals, however, in retail pharmacy and medical devices, he said. Several people told us that mental health is due for some action, too, as people's pandemic-related anxiety and depression are sending startups like Mindstrong and Lyra Health to new heights. Read more: Startups taking new approaches to mental health just raised $588 million, and they're signing on huge customers like Boeing and Starbucks. Companies involved in online clinical trials, men's health, chronic care, data collection, and telehealth also made investors' short lists. "If you would have asked anyone about this last year, they would have predicted very few meaningful exits and a handful of venture-backed unicorns in health tech," Ambar Bhattacharyya, managing director at Maverick Ventures, said. "The events of this year have catalyzed a new shift in this space and now we're moving full steam ahead," he said. Some investors also predicted that Teladoc will try to roll up more upstarts in the near future as it looks to expand its portfolio even further. Read more: The 21 billion-dollar startups to watch that are revolutionizing healthcare in 2020. There's plenty of potential buyers, several investors said, from more traditional healthcare giants like Walgreens, CVS Health, and Anthem, to tech and retail giants like Amazon, Apple, Google, and Walmart.  Here are the 10 startups that investors say are the most likely to see deals in the near future, ranked by funding raised to date:SEE ALSO: The hot healthcare startup Oak Street surged to a $9.5 billion valuation in its IPO. Here are the investors and execs who stand to make the most. Avail Medsystems - $26.7 million Total funding: $26.7 million, according to PitchBook data What it does: Avail lets doctors collaborate on procedures remotely. While advising a surgery, for example, they can adjust camera angles and annotate notes.  Prominent backers: Baidu, Coatue Management, Sonder Capital, Lux Capital, Playground Globlal, and Refactor Capital. Why industry experts like the company: Investors are increasingly looking for ways care can be delivered more remotely, sparing both the patient and doctors from exposure to coronavirus.  Remote collaboration for surgeries is one way to do that, hence the interest in Avail, a person familiar with the company told Business Insider.  Johnson & Johnson, Medtronic, and Philips Healthcare would all be good potential buyers, said the person, who was not authorized to speak openly about theoretical mergers.  Read more: VCs just poured $5.4 billion into startups forging the future of healthcare. Here are the 11 top digital health startups that took home the most cash. Lark Health - $45.2 million Total funding: $45.2 million, according to the company What it does: Lark provides digital care for chronic conditions, similar to Livongo and Omada Health, through coaching, reminders, and connected devices. Prominent backers: Lightspeed Venture Partners, Pegasus Tech Ventures, Tuesday Capital, Otter Rock Capital, and New Capital Fund. Why industry experts like the company: Lark could pair nicely with a big virtual care vendor, like one of Teladoc's telehealth competitors, according to Arielle Trzcinski, an analyst at Forrester.  It could help a telehealth company expand into chronic care management and mental health, she said. "Expanding these services would enable a virtual care vendor to increase their value to existing clients, extend their reach to patients that need or want something other than therapy, and make them competitive with standalone mental health vendors in the market," Trzcinski said.  Read more: See the pitch deck that a hot digital health startup used to stand apart from telehealth rivals and raise millions from VCs. Kaia Health - $50 million Total funding: $50 million, according to the company What it does: Kaia's digital programs help more than 400,000 users manage back pain and chronic obstructive pulmonary disease (COPD). It works with employers, health plans, and providers.  Prominent backers: Heartcore Capital, Balderton Capital, Optum Ventures, Idinvest Partners, Capital300, and 42CAP.  Why industry experts like the company: Kaia's smartphone technology uses digital biomarkers, or indications of health, to monitor patients, Trzcinski said. That reduces friction in the data collection process, eliminating the need for additional devices that can be difficult for patients to use, she said.  Musculoskeletal ailments are a big expense for health plans and employers, often leading to unnecessary surgery or use of pain medication, Trzcinski said. That makes Kaia another good complement to a Teladoc competitor, she continued. Meanwhile, the coronavirus pandemic has only made dealing with chronic conditions more difficult, spurring further interest platforms like Kaia's, the company has said.  Read more: A tiny startup just won a crucial deal with $175 billion drug giant Pfizer, and it shows how apps are becoming the next frontier as Big Pharma pushes beyond pills. Everlywell - $66.1 million Total funding: More than $50 million, according to the company What it does: Everlywell provides at-home lab testing kits for conditions like food sensitivity, vitamin deficiencies, and allergies. Recently, the Austin-based startup launched an approved at-home test for the coronavirus. Prominent backers: Sequoia Capital, SoGal Ventures, Full Tilt Capital, Highland Capital Partners, Next Coast Ventures, and Lori Greiner. Why industry experts like the company: One of the biggest elements of the next phase of virtual care will be testing, according to CRV's Kristin Baker Spohn. Getting patients out of the lab will help cut the cost of testing and diagnostics while meeting patients where they are. "We are seeing that we're entering into Act Two, where you have virtual care instead of telehealth. What is virtual care? That's when you test, treat and track patients in addition to the virtual visits. That ecosystem is exploding in each area," Baker Spohn said. Everlywell is among the largest startups in the at-home testing space, and Baker Spohn predicts that Everlywell and others in this category could be the targets of an acquisition where a larger testing and diagnostics company hopes to add to a suite of services by buying a young upstart.  "Obviously COVID testing is top of mind right now but there are interesting innovations in Color Genomics and other companies that enable at-home testing, especially for chronic conditions," Baker Spohn said. Read more: There are 10 coronavirus tests you can use from home. Here's how they work and where to order one. Hinge Health - $127.1 million Total funding: $127.1 million, according to PitchBook data What it does: Hinge Health operates "digital clinics" to treat back and joint pain with virtual physical therapy. It primarily works with employers to offer its services as a benefit to employees. Prominent backers: Bessemer Venture Partners, Lead Edge Capital, Insight Partners, The Vertical Group, and Atomico. Why industry experts like the company: Treating chronic conditions is another area of healthcare that many investors and analysts felt was ripe for consolidation. Many treatments, like physical therapy, require close, hands-on work between a care provider and a patient, and now are moving online.  "If I am a health system today, I am rethinking my operations for digital experiences versus in-person experiences," Mayfield's Parikh told Business Insider. Hinge Health could be an appealing target for a roll-up strategy, investors said, because its providers works within a set specialty of care. Insurance companies that already work with employers to offer health benefits might be a particularly good fit for Hinge Health. "Those traditional players will get involved because they see these startups as the digital front door," Bessemer Venture Partners' Steve Kraus told Business Insider. Read more: Telemedicine startups have raised hundreds of millions as the coronavirus puts them to the test. Meet the 12 startups forging a new path for healthcare. Hims - $197 million Total funding: $197 million, according to Pitchbook data What it does: The startup sells generic treatments for hair loss, erectile dysfunction, skincare, and nutrition to consumers through its website. It was started exclusively for men but has since expanded to include products for women. Prominent backers: Founders Fund, Forerunner Ventures, Maverick Ventures, IVP, and 8VC, among others. Why industry experts like the company: Bloomberg in August reported that Hims was considering a public offering through a reverse merger with so-called "blank-check" company Oaktree Acquisition, otherwise known as a SPAC.  "The consumer is getting more involved in their healthcare where before, they were more of a passive participant," Bessemer's Kraus told Business Insider. Investors said companies that offer generic treatments could be a promising acquisition target for companies that aren't yet in the business of providing healthcare, namely tech giants like Google or Apple. Parikh at Mayfield said that he likens Hims' potential to that of online pharmacy PillPack, which was acquired by Amazon for about $750 million in 2018. PillPack mails prescriptions to people who take multiple medications, packaging them together based on dose. Read more: How pharmacy startup Medly raised $100 million to take on Amazon and drug-delivering giants. Doctor on Demand - $235.9 million Total funding: $235.9 million, according to the company What it does: Doctor on Demand provides telemedicine services in urgent care, behavioral health, preventive health, and chronic care through its medical group. Prominent backers: Venrock, Andreessen Horowitz, GV, Richard Branson, Rock Health, General Atlantic, and Shervin Pishevar. Why industry experts like the company: With about $240 million raised to date, Doctor on Demand is one of the largest telemedicine companies in the US, and a natural competitor to Teladoc.  It's on Bhattacharyya's short list, and Lux Capital partner Adam Goulburn said it could merge with Amwell, another telehealth giant said to be nearing an IPO. Charles Jones, the chairman and CEO of telehealth competitor MDLIVE also pointed to Doctor on Demand and Amwell's private equity backers as a key element to its acquisition prospects. "I think you are going to see a lot of PE-backed acquirers and targets in the space, but I don't know whether the transactions will complete before the end of the year," Jones said. He was also confident in CEO Hill Ferguson's ability to make an acquisition come to fruition, an often-overlooked element in such deals. "He's a very competent guy," Jones said. "That is a very important component of acquisitions." Jones announced similar plans on August 13. First reported by Stat News, a spokesperson confirmed to Business Insider that MDLive is considering an IPO early next year. Read more: 6 reasons why the telehealth boom is here to stay, according to the CEO of $16 billion Teladoc Omada Health - $257.5 million Total funding: $257.5 million, according to Pitchbook data What it does: Omada helps people manage diabetes, injuries, and mental health through its app, as well as devices and coaching. It works with employers, health plans, and individuals. Prominent backers: Rock Health, NEA, Kapor Capital, Andreessen Horowitz, and Kaiser Permanente Ventures. Why industry experts like the company:  Omada is often compared to Livongo because of their similar approaches to treating chronic conditions like diabetes. Omada's program has about 380,000 total participants, CEO Sean Duffy told Business Insider.  In May, Omada acquired Physera for $30 million, expanding into physical therapy, while raised an additional $57 million, CNBC reported. Now that Livongo has been acquired, it sets up competitors like Omada to be potential acquisition targets.  "With Livongo's success, Omada is next up," Goulburn said. Forrester's Trzcinski said Omada is a likely acquisition target for virtual care vendors that're competitors to Teladoc.  Maverick's Bhattacharyya also has his eye on the upstart, he said.  Natural buyers include Walgreens, Walmart, and Amazon, or it could merge with Doctor on Demand, Goulburn said.  Omada has no reported plans to get scooped up, but it'll be asking current customers if they'd like to see more telemedicine services in light of the Teladoc-Livongo deal, Duffy said.  Read more: Teladoc is acquiring Livongo in the biggest deal that digital health has ever seen. Here are the 3 key takeaways from Wall Street's top analysts, from shock at the price tag to optimism for healthcare's digital future. Ro - $376.1 million Total funding: $376 million, according to the company What it does: Ro is a startup that got its start treating conditions like erectile dysfunction. In the years since, Ro has gone on to expand the model to treating more conditions, and in June set up a pharmacy service in which all generic medications dispensed are $5. The company facilitates online visits with medical professionals who can prescribe medications. Those medications are then shipped through Ro's pharmacy.  Prominent backers: General Catalyst, Slow Ventures, FirstMark Capital, Torch Capital, Initialized Capital, and Canaan Partners. Why industry experts like the company: Amid the coronavirus pandemic, investors accurately predicted that fewer patients would go to a physical doctor's office for non-emergency issues. Telehealth startups that offer virtual visits have seen demand increase, some investors said, but it's not yet clear which preferences will stick around once the pandemic subsides. "I think we will see providers adopt a new world order," CRV's Baker Spohn told Business Insider. "I don't see virtual care going away. The analogy I like to use is, if you look at 'mobile banking' a few years ago and now we just call it 'banking'. In the same way, it won't be 'virtual care' it will just be 'care'. The access part is what will fundamentally change." The current landscape has made telehealth startups like Ro particularly appealing acquisition targets for large companies that aren't already operating in healthcare. Baker Spohn and others pointed to Apple, Google, and Amazon as likely buyers of the generics-based telehealth startup. The company recently raised $200 million at a $1.5 billion valuation, so the deal might be farther out than others, some investors said. Read more: How the coronavirus will permanently reshape the healthcare industry, according to 26 top industry leaders Amwell - $679.9 million Total funding: $679.9 million, according to Pitchbook data What it does: Amwell works with its medical group as well as other providers and health systems to provide a wide range of healthcare services online.  Prominent backers: Anthem, McKesson Ventures, SV Health Investors, Martin Ventures, and Westway Capital. Why industry experts like the company: Amwell is one of Teladoc's biggest competitor with 80 million covered lives and more than 2,000 health systems and hospitals using its services.  It has a lot of cash in hand for a potential move — recently raising $194 million from investors — and confidentially filed to go public in June, CNBC reported. "A company that is [a good candidate] is the guys over at Amwell," MDLIVE's Jones told Business Insider. "They have an appetite for those sorts of things and they've shown they can raise a lot of money." Omada's Duffy and Lux's Goulburn could see Amwell merging with another digital health company. Goulburn thinks Omada and Hinge Health could each make good fits, he said.
A new report from ad agency Tinuiti broke down where advertisers allocated their dollars during the July ad boycott of Facebook. It found 40% of advertisers spent the money on paid search like Google, while 24% put it on other social platforms like Pinterest and Snap. Of the advertisers that paused their Facebook spending in July, 76% reactivated it in August while 24% stayed off the platform. Visit Business Insider's homepage for more stories. More than 1,000 companies boycotted Facebook in July over concerns about the platform's content moderation policies. Many of the boycotters were brands like Starbucks and Unilever that use advertising to shape consumer sentiment while Facebook's bread and butter, smaller advertisers, tended to stay put. A new report from ad agency Tinuiti, which handles more than $1.5 billion in ad spend, mostly performance marketing, on platforms like Facebook, Google, and Amazon, analyzed the impact of the boycott and where dollars were reallocated. Tinuiti found just 26% of its clients participated in the boycott while 36% did not pause Facebook campaigns in July. Another 64% of clients just paused Facebook spending on July 7 for Blackout Day, where people were encouraged to spend only on Black-owned businesses. Of the advertisers that paused their Facebook spend in July, 76% reactivated it in August while 24% stayed off the platform. Advertisers moved the Facebook ad dollars to Google Tinuiti also broke down where advertisers reallocated their Facebook ad dollars. Fully 40% of its advertisers that paused their Facebook campaigns in July used that money to buy search ads on platforms like Google, while another 24% spent more on other social platforms, especially Snap and Pinterest. An additional 24% of advertisers increased spending on display ads. And 36% of advertisers didn't spend their Facebook budgets elsewhere. Only 8% of Tinuiti's clients said that they planned to spend their withheld dollars with Facebook later this year. Facebook ad prices fell in July Tinuiti also found that ad prices in July dropped 36% on Facebook's main app and 30% for Instagram year-over-year, citing the boycott as a factor in the decline. The agency warned that Facebook isn't the only platform that will be scrutinized over its practices and encouraged clients to diversify their spending on platforms. Join the conversation about this story » NOW WATCH: Swayze Valentine is the only female treating fighters' cuts and bruises inside the UFC octagon