Ph.D. Chemist Convicted of Conspiracy to Steal Trade Secrets, Economic Espionage, Theft of Trade Secrets and Wire Fraud
WASHINGTON – A federal jury in Greeneville, Tennessee, convicted a U.S. citizen today of conspiracy to steal trade secrets, economic espionage and wire fraud. Following a twelve-day trial, Dr. Xiaorong You, aka Shannon You, 59, of Lansing, Michigan, was convicted of conspiracy to commit trade secret theft, conspiracy to commit economic espionage, possession of stolen trade secrets, economic espionage, and wire fraud. You was originally indicted in February 2019 for trade secret offenses and wire fraud, and was charged in a superseding indictment with economic espionage and conspiracy to commit economic espionage in August 2020. You was granted access to the trade secrets while working at The Coca-Cola Company in Atlanta, Georgia, and Eastman Chemical Company in Kingsport, Tennessee. The stolen trade secrets belonged to major chemical and coating companies including Akzo-Nobel, BASF, Dow Chemical, PPG, Toyochem, Sherwin Williams, and Eastman Chemical Company, and cost nearly $120,000,000 to develop.justice.gov
San Antonio high schooler in the running for $20,000 scholarship from Coca-Cola
click image Pexels / Stanley MoralesLocal high school student Izumi Vázquez is one of 251 regional finalists in the 2021 Coca-Cola Scholars Program contestIf you’ve got positive juju to spare, consider sending it to local high school senior Izumi Vázquez.The Northside Health Careers High School student is one of 251 regional finalists in the 2021 Coca-Cola Scholars Program contest , advancing to the second round of interviews to vie for a hefty $20,000 college scholarship.If the name Vázquez's name sounds familiar, it’s because we reported last week that she'd landed an educational grant through the Annual Regional Hispanic Heritage Youth Awards.To participate in the Coca-Cola Scholars Program contest, students must create positive change in their communities and around the world — something Vázquez is doing through her pandemic-era venture Cards Against Cancer.In August of 2020, KSAT reported that Vázquez founded the business with her sister Ayumi in response to time spent with pediatric cancer patients as a volunteer at at a local children's hospital.“Essentially we are creating handmade cards in hopes of raising awareness and also funding for pediatric cancer,” Vázquez told the station.The Coca-Cola Scholars Program — a joint effort of Coca-Cola bottlers across the country and the Coca-Cola Company — is the largest corporate-sponsored, achievement-based scholarship program in the United States, according to its website. It's awarded some $75 million in scholarships over the past 33 years.sacurrent.com
You can get your hands on Topo Chico Hard Seltzers later this month
Here are the four new Topo Chico Hard Seltzers. The Molson Coors Beverage Company, in partnership with the Coca-Cola Company, announced Thursday that the highly-anticipated Topo Chico Hard Seltzers will be coming to stores on March 29. “We are seeing incredible excitement for the launch of Topo Chico Hard Seltzer with drinkers and retailers alike,” said Matt Escalante, senior director of seltzers at Molson Coors, in a release. “Topo Chico Hard Seltzer is a modern take on refreshment that brings entirely new character to the red-hot seltzer category.”The Topo Chico Hard Seltzers will be available in four flavors, including tangy lemon lime, exotic pineapple, strawberry guava and tropical mango. More on KSAT:Topo Chico Hard Seltzer is coming, but you may have to wait to get your hands on a canWhat’s really in Topo Chico?
Budweiser, Coke and Pepsi won't be airing Super Bowl ads this year
Budweiser, Coke and Pepsi, which have debuted some iconic Super Bowl commercials in the past, are opting not to pay the astronomical fee for a 30-second ad spot during the big game this year. Anheuser-Busch, which usually runs Budweiser and Bud Light ads during the Super Bowl, says it is donating the money it would have spent on the ads to coronavirus vaccination awareness efforts. A 30-second spot during the Super Bowl runs for an estimated $5.5 million, the AP reports. Of course, other brands will return to the Super Bowl commercial breaks, including M&M's, Pringles and Toyota, according to the AP. Super Bowl 55 is scheduled to be played on Sunday, February 7 and will air on CBS.cbsnews.com
Coca-Cola to retire Tab, its first diet soda, as it trims its portfolio
Coca-Cola said Friday that Tab, its first diet soda, is among the drinks headed for retirement as it trims its beverage portfolio. Other drinks that will go out of production by the end of the year include Odwalla products, Zico coconut water, stevia-sweetened Coca-Cola Life and Diet Coke Feisty Cherry. Coke first introduced Tab to consumers in 1963, aiming the zero-calorie drink at women. In the 1970s and 1980s, as Americans tried fad diets, the diet soda grew more popular but faded once Diet Coke was introduced in 1982. More than half a century after Tab's launch, Coke is betting on Diet Coke and Coke Zero Sugar to fulfill consumers' cravings for sugar-free, low calorie soda.cnbc.com
Topo Chico Hard Seltzer is coming, but you may have to wait to get your hands on a can
The Coca-Cola Company announced Thursday that its joining the hard seltzer beverage trend and is giving White Claws and Truly beverages some stiff competition. Topo Chico Hard Seltzer will be coming to stores, but in the U.S., youll have to wait to get your hands on some. Read the full statement from the company:The Coca-Cola Company is committed to exploring new products in dynamic beverage categories, including hard seltzer. Topo Chico Hard Seltzer is an experimental drink inspired by Topo Chico sparkling mineral water, which has been popular with many mixologists. Topo Chico Hard Seltzer will be offered in select cities in Latin America later this year.
New Coke: Coca-Cola's 77-day product disaster
On April 23, 1985, Coca-Cola Company introduced a product it was sure would be a hit: new Coke. The soda was intended to stave off rival Pepsi, which had been gaining on Coke's market share. The new Coke flopped in such a titanic way that it stirred nationwide campaigns aimed at bringing the old Coke back. As Heba Kanso reports, the 77 days that followed the launch taught Coca-Cola a valuable lesson.cbsnews.com