Mondelez selling part of its gum business for $1.35B – mySA

DEE-ANN DURBIN, AP Business Writer Dec. 19, 2022Updated: Dec. 19, 2022 4:35 p.m. Candy and snack company Mondelez International said Monday it’s selling its U.S., Canadian and European gum business to Perfetti Van Melle Group for $1.35 billion. Chicago-based Mondelez said the deal includes its Trident, Bubblicious, Dentyne and Chiclets gum brands and the European candy brands … Read more

German business confidence brightens more than expected – mySA

BERLIN (AP) — German business confidence improved more than expected in December as managers in Europe’s biggest economy took a brighter view of both their current situation and the outlook for the next six months, a closely watched survey showed Monday. The Ifo institute said its monthly confidence index rose to 88.6 points from 86.4 … Read more

Frustrated virtual reality pioneer leaves Facebook’s parent – mySA

BERKELEY, Calif. (AP) — A prominent video game creator who helped lead Facebook’s expansion into virtual reality has resigned from the social networking service’s corporate parent after becoming disillusioned with the way the technology is being managed. John Carmack cut his ties with Meta Platforms, a holding company created last year by Facebook founder Mark … Read more