Uber Paid Hackers to Keep 2016 Security Breach Incident Buried

Uber Paid Hackers to Keep 2016 Security Breach Incident Buried

Whether it's to get from point A to point B or to have food delivered to your home or workplace, the apps for the ride-sharing and food-delivery service company, Uber Technologies Inc., can be widely found in people’s phones around the world.

Well, this week news come to light of Uber paying $100,000 to hackers to delete stolen data and keep a 2016 cyber attack hush-hush.

In response to the said events, the company fired its chief security officer, Joe Sullivan, and others involved in the breach cover-up, according to Bloomberg.

It turns out that the cyber attackers had stolen personal information of 57 million customers and drivers from Uber.

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Avoid the Hangover With Georgos' Healthier (Nu) Greek Wine

On this episode of The Barron Report, we talk to a winemaker focused on making a "better-for-you" wine. Native to Greece, Georgos Zanganas had a rude awakening when he had a couple glasses of wine leaving him with a terrible headache. Realizing what made Greek wine special, Georgos set out to bring Greek wine to America. With only non-GMO grapes and low sulfites, Georgos wines are said to be healthier.

Show Notes

  • 1:02 - The Beginning
  • 2:07 - Where are the Greek Wines?
  • 3:31 - Making Georgos Wines
  • 5:28 - What does (Nu) Greek Wine mean?
  • 7:28 - Partnering with Whole Foods
  • 9:11 - Customers respond to Lower Alcohol Content
  • 16:45 - The Rosé Movement
  • 14:42 - The Impact of the Sonoma Fires
  • 16:25 - Supporting the Fight against Alcohol Addiction
 
 
 
 

Amazon Introduces Pop-up Stores Selling Tech Products at Select Whole Foods Locations

Amazon Introduces Pop-up Stores Selling Tech Products at Select Whole Foods Locations

Not only has Amazon slashed prices again at Whole Foods, but has also opened pop-up stores at five Whole Foods store locations that now sell some of Amazon's most popular devices.

This latest move is just in time for the holidays. Clever move, Amazon. 

Amazon is making sure that the Whole Foods customers who visit the pop-up shops get the information they need by having Amazon employees man the area.

Unlike online, it's a lot easier for pop-up customers to test Amazon's products before deciding to make a product purchase.  

Roll outs for the mini stores within the grocery chain started November 14 and are already in place in time for Black Friday. Amazon is offering Black Friday deals until November 21, which is the Tuesday after Cyber Monday. 

The pop-up stores are currently in Chicago, Illinois; Rochester Hills, Michigan; Davie, Florida; Pasadena, California; and Denver, Colorado Whole Foods locations.  

But will Amazon expand to more locations in the near future?  

Well, that depends on how much pushback the brand gets from competitors. 

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Win Tailgating Season With These Chef-Inspired Recipes

Win Tailgating Season With These Chef-Inspired Recipes

Let's face it!

Tailgating is not done the same way your father and grandpa used to do it back in their day. Modern tailgating is more than just grilling cheap burgers and cracking a few beers open behind the trunk of your neighbor's pickup truck.

Now, it's about who can throw the most elaborate pre-game celebration with gourmet food options and trendy food stations.

The most extreme example of fancy tailgates would probably have to be Michael Mina's 49ers Tailgate Experience, but we are not all James Beard Award-winning chefs with stadium restaurants, are we?

Lucky for you The Melting Pot's corporate chef, Jason Miller, shared with Foodable four booze-infused fondue recipes that are sure to crown you as the King or Queen of Tailgates this football season. Remember, winter is coming and you still have until February to show off your skills at your next pre-game celebration. Why not do it with a warm beer or liquor-infused cheese fondue?

Check out the delicious recipes, below. Don't be afraid to get creative!

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Tyson Foods Has a Positive Outlook For the Future

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Tyson Foods’ CEO Tom Hayes sees a bright future for the company, especially after it exceeded expectations for 2017.

"We delivered well over our goals of at least four percent operating income growth, EPS growth in the high single digits and three percent volume growth in value-added products, and expect to meet or exceed these goals again in fiscal 2018," said Hayes.

In a recent CNBC interview, Hayes talked about how he believes big companies need to set the example for smaller companies when it comes to being part of the solution to “feed nine and a half billion people by 2050.”

Well, Tyson Foods is setting an example, alright!

The company has proved to be in tune with consumer trends. For example, Tyson has seen record sales for their Open Prairie Natural brand of fresh meals as they see customer demand growing double digits for No Antibiotics Ever (NAE) and no-added hormones natural fresh meats.

“Gatekeepers within the customer are asking continuously to be NAE. We're fully NAE now, and we're actually buying meat on the outside that's NAE. The cost [is] a little bit more on the upfront and we've been able to swallow that cost and then remove that cost," Hayes told analyst Farha Aslam at Stephens who asked about the reason behind the launch of NAE products.

Another trend that Tyson has invested in is alternative protein. The company bought into Beyond Meat with a five percent stake in the vegan business, surprising many as the big food company tests the waters of this fast-growing segment of the protein market.

Speaking of meat, even though Tyson’s 39 percent sales come from beef as the leading protein, the majority of the company’s sales come from leaner meat with chicken accounting for 30 percent of sales and pork accounting for 14 percent. This is a good sign for the company since there is a trend of consumers moving away from red meat.

A fourth area that is expected to grow in volumes is the prepared foods market. In the financial year 2018 the segment is expected to grow around 10 percent, boosted by the AdvancedPierre Foods deal, struck earlier this year by over four billion dollars.

Analysts covering Tyson at Morgan Stanley believe the company looks well set for a solid 12 months, writing in a note to clients on Monday: "Tyson appears well positioned to achieve another record year."

Will Pizza Survive The Delivery Boom?

Will they? In short, yes.  Pizza is not going anywhere.  It is still one of America's favorite foods for get-togethers, events, movie night, or cheap food on the fly.  But, like many other sectors in the foodservice arena, we see a shift.  Foodable Labs tracks over six million influencers and over 100 pizza chains.  Our data shows that pizza delivery over the last year is down, 12.8 percent to be exact, among 18 to 34-year-olds.  What is causing the slip?  Watch the video for more! 

 
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Why Seattle’s Restaurant Boom is Making Local Chefs Nervous

Why Seattle’s Restaurant Boom is Making Local Chefs Nervous

Seattle isn’t only the home of some of the best coffee shops in the country, but now more chefs are flocking to the city. 

In a month and a half in the summer, 40 new restaurants opened. In the first quarter of 2017, Seattle had 2,696 restaurants, which is a 25% increase from a decade ago, according to the Department of Revenue.

Not to mention, the majority of the restaurants stick it out their first year. 87% of restaurants survive in the city within the first year. 

But that doesn’t mean that even the most renowned chefs don’t struggle in the city and aren't nervous about what the future holds for Seattle's culinary landscape. 

James Beard Award-winning chef Maria Hines’ Ballard restaurant, Golden Beetle. It served all-organic, adventurous takes on Mediterranean food, but the neighborhood balked at paying more for a gyro. “My heart aches,” she said upon changing the place to a family-friendly, conceptually easy-to-swallow gastropub earlier this year. But she still couldn’t get out from under the debt. Hines closed Golden Beetle this spring to concentrate on her other two restaurants, Tilth and Agrodolce,” writes "The Seattle Times."

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How Hosting Events At Your Restaurant Can Generate An Additional Revenue Stream

How Hosting Events At Your Restaurant Can Generate An Additional Revenue Stream

You have the square footage, you have the approved capacity, and you have the kitchen. These are the three key ingredients required to host an exclusive or intimate type event at any venue. Whether you have the capacity for 20 or 200 guests, there is an opportunity to generate awareness, revenue, and repeat customers by becoming known within your community for being the ‘best host in town’.

Hosting events are a great way to fill a restaurant on any chosen day or night. From hosting business networking events and office meetings to fundraising events, menu tastings, media launch parties, and ‘paint’ or ‘trivia’ type nights – restaurants have the ability to plan out the most “perfect  event."

Restaurateurs must start to realize that hosting events are a great secondary source of revenue. By strategically planning your own events well ahead of time will position your restaurant to obtain pre-event cash-flow and allow you the opportunity to maximize on labour management, inventory management, and revenue per available seat on what may be a typically slower day.

Here are some strategies to craft a memorable and profitable restaurant event while becoming the talk-of-the-town through the use of social media!

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Amazon Cuts Whole Foods Prices Again, Food Stocks Drop in Response

Amazon Cuts Whole Foods Prices Again, Food Stocks Drop in Response

Amazon is at it again. The company has released a new list of price cuts at Whole Foods, the grocery chain the technology acquired in June.

A media frenzy has ignited since the acquisition as Amazon continues to change the food industry forever. The company’s aggressive plans to conquer the food sector is influencing more grocery chains and even restaurants to jump on the on-demand delivery bandwagon.

On Wednesday, Amazon made a few announcements sending shock waves through the industry. Whole Foods will be selling turkeys to Amazon Prime members for 50 cents less than non-Prime member price.

Besides the discount for Prime, the grocery chain is cutting prices on a list of items at all stores, most of which are holiday staples. The items include organic russet, potatoes, organic sweet potatoes, value pack boneless skinless chicken breasts, canned pumpkin, Chobani yogurt, and more.

“These are the latest new lower prices in our ongoing integration and innovation with Amazon, and we're just getting started," said John Mackey, Whole Foods' co-founder and CEO, in a press release announcing the new sales. "In the few months we’ve been working together, our partnership has proven to be a great fit."

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Automation is Embraced by Asian Chain, Wow Bao

Automation is Embraced by Asian Chain, Wow Bao

Come Dec. 1, Chicagoans will experience their first automated Wow Bao, an asian fast food chain that focuses on menu items like dumplings, noodle and rice bowls, potstickers, and bao (a meat or veggie stuffed bread roll).

What’s missing?

A waitstaff.

You heard it right! This Wow Bao location will be the first automated eatery for the brand.

According to “Chicago Tribune,” “Customers will order and pay at a kiosk and pick up their food from one of a dozen LED-lit cubbies, which will display their name on an LCD screen when their food is ready. Wow Bao is also introducing a new app in tandem with the Near North restaurant so visitors can order on their phones.”

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