Wednesday, June 6th, 2018

Mercedes-Benz Now Offers Subscription Plans
Company Press Release

Mercedes-Benz launched a subscription service that allows subscribers to switch between different types of vehicles depending on their needs or lifestyle.

The program offers 3 tiers which are called: Signature, Reserve and Premier, with prices ranging from $1,095 to $2,995 per month. Subscribers pay a one-time activation fee of $495 and may then choose from all the vehicle body styles offered in that subscription tier, including Mercedes-Benz SUVs, sedans, coupes, cabriolets, roadsters and wagon models. Each tier also allows access to the company’s popular high-performance Mercedes-AMG models.

The service will initially be available in Nashville, TN, and Philadelphia, PA.

Lyft Partners with United Way
Company Post
Markets Insider

Lyft announced in a company blog post on Tuesday that it has committed $1.5 million to the Lyft Relief Rides program over the next year.

As part of the partnership, Lyft will work with the United Way and 2-1-1. 2-1-1 is a free, confidential referral and information helpline that connects people to essential services.

Rides will be used for non-emergency medical treatment, job interviews and other employment-related needs, and veterans services in 12 cities in the United States including Atlanta, Houston, and San Francisco.

Impossible Foods Expands to Hong Kong
Company Press Release

The company announced in a press release on Tuesday that its products will be available at three of Hong Kong’s top-ranking hotels which are: Hotel ICON, Grand Hyatt Hong Kong, and InterContinental Grand Stanford Hong Kong.

Hong Kong is the first place outside of the United States to feature Impossible Meat products. The company’s products are now served in nearly 2,000 restaurants across the United States and Hong Kong.

Founded in 2011, Impossible Meats offers products that cook, smells, and tastes like ground beef but is made entirely from plants. Investors include Horizons Ventures, Khosla Ventures, Bill Gates, Google Ventures, and UBS.

Viacom Announces a Leadership Transition at Nickelodeon Group
Company Press Release
Los Angeles Times

Viacom announced earlier in the week that Cyma Zarghami is stepping down as President of Nickelodeon Group after more than thirty years with the network.

The company stated in a press release that Sarah Levy, Chief Operating Officer of Viacom Media Networks, will lead the brand on an interim basis.

The company’s focus, while it looks for a new President, will be to launch a content pipeline of more than 800 new episodes and accelerate the brand’s push into new viewing platforms, film, live experiences and consumer products.

MyHeritage Announces a Cybersecurity Breach
Company Press Release
The Verge

The company announced in a statement earlier in the week that its Chief Information Security Officer received a message from a security researcher regarding a file named myheritage containing email addresses and hashed passwords, on a private server.

According to the company, the file contained user accounts of 92 million users who signed up to MyHeritage up to October 26, 2017.

The company has a dedicated team investigating the incident. It also stated that it’s working with a cybersecurity firm to conduct forensic reviews to determine the scope of the intrusion.