Core Insights - OpenAI has agreed to acquire product testing startup Statsig for $1.1 billion in an all-stock deal, marking its largest acquisition since inception [2] - Statsig, founded in 2021, develops tools to assist software developers in testing and marking potential new features, with notable clients including OpenAI, Eventbrite Inc., and SoundCloud Ltd. [2] - Statsig raised $100 million earlier this year, achieving a valuation of $1.1 billion [2] - As part of the acquisition, Statsig's founder and CEO, Vijaye Raji, will join OpenAI as Chief Technology Officer of Applications [2] - OpenAI has been more aggressive in large acquisitions this year, partly due to its soaring valuation, which reached $300 billion following a $40 billion funding round in March [2]

Core Insights - Nestlé's sales decreased by 1.8% to CHF 44.228 billion due to currency effects, with an organic growth rate of 2.9% [1] - The company is focusing on improving execution and increasing investment to accelerate category growth and market share [2] - In the Greater China region, Nestlé is implementing substantial measures to enhance performance, including management adjustments [3] Financial Performance - Organic growth was driven by pricing contributions of 2.7% and an internal growth rate of 0.2%, indicating weak consumer demand [1] - The company's advertising and marketing expenses rose to 8.6% of sales in the first half of 2025 [2] - Nestlé's six major projects generated over CHF 200 million in sales during the first half of 2025, with a target of at least CHF 100 million in annual sales for each project within three years [2] Regional Insights - In most markets outside Greater China, Nestlé achieved broad growth, particularly in candy products, which saw strong internal growth rates and market share increases [1] - The organic growth rate in Greater China was -4.2%, with a focus on strengthening value propositions to drive consumer demand [3] - Nestlé's performance guidance for 2025 remains unchanged, expecting organic sales growth to outperform 2024 [3]