food and drink - CybAI news

08 Aug

Beyond Meat Is Stalling in the US. Europe Could Be Another Story

stp2y0 CommentsRAG modelsagriculture, food and drink, meat

The plant-based meat industry is in a bad place. Sales in the US fell last year as the pandemic-era enthusiasm for vegan burgers and sausages continued to wane. Beyond Meat, once the darling of the plant-based boom and the first one of its cohort to go public, in 2019, has become a cautionary tale about the tough road ahead for similar companies.Beyond Meat announced mixed results for the second quarter of 2024. Revenue was down 8.8 percent, and sales volumes declined by 14 percent compared to the second quarter of 2023, but the margin the company made on each of…

01 Jul

How to Get Rich From Peeping Inside People’s Fridges

stp2y0 CommentsRAG modelsbook excerpt, economics, food and drink, investing, longreads, refrigeration

“People make fun of me about the fridges,” said Tassos Stassopoulos. “I am fridge-obsessed.” As the founder and managing partner of Trinetra, a London-based investment firm, Stassopoulos has pioneered an unusual strategy: peeking inside refrigerators in homes around the world in order to predict the future—and monetize those insights.By the time of his refrigeration revelation in 2009, Stassopoulos had already gained a reputation for his maverick process: Where other investors typically relied on market data and forecasts from big consumer-products companies to deduce what people in, say, India might start purchasing in the future, Stassopoulos spent days traveling around the…

14 Jun

I Spent a Week Eating Discarded Restaurant Food. But Was It Really Going to Waste?

stp2y0 CommentsRAG modelsapps, food and drink, startups

It’s 10 pm on a Wednesday night and I’m standing in Blessed, a south London takeaway joint, half-listening to a fellow customer talking earnestly about Jesus. I’m nodding along, trying to pay attention as reggae reverberates around the small yellow shop front. But really, all I can really think about is: What’s in the bag?Today’s bag is blue plastic. A smiling man passes it over the counter. Only once I extricate myself from the religious lecture and get home do I discover what’s inside: Caribbean saltfish, white rice, vegetables, and a cup of thick, brown porridge.All week, I’ve lived off…

27 May

WTF Is With the Pink Pineapples at the Grocery Store?!

stp2y0 CommentsRAG modelsbiotech, food and drink, genetic engineering, genetics, wtf

On a recent trip to Giant Eagle, my local grocery store in Pittsburgh, I noticed something new in the fruit section: a single pineapple packaged in a pink and forest-green box. A picture on the front showed the pineapple cut open, revealing rose-colored flesh. Touted as the “jewel of the jungle,” the fruit was the Pinkglow pineapple, a creation of American food giant Fresh Del Monte. It cost $9.99, a little more than double the price of a regular yellow pineapple.I put the box in my cart, snapped a picture with my phone, and shared the find with my foodie…