We celebrate the Winter Solstice with a special, early start, break down the latest on the tax reform, Didi Chuxing's latest funding round, and Pinterest's plans for an IPO. Plus Magic Leap finally unveils its first product, mixed reality smart glasses that could revolutionize the industry. The company leaped into the spotlight last year after showing a dazzling video that appeared to show off its products, but came under fire when it was revealed the video was edited with special effects. And virtual reality studio Boabab's got a new film starring Elizabeth Banks and Ingrid Nilson. We get a preview.

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Nestlé dismisses CEO after he has relationship with a subordinate
Nestlé has dismissed its CEO Laurent Freixe after an investigation into an undisclosed relationship with a direct subordinate. The company announced on Monday that the dismissal was effective immediately. An investigation found that Freixe violated Nestlé’s code of conduct. He had been CEO for a year. Philipp Navratil, a longtime Nestlé executive, will replace him. Chairman Paul Bulcke stated that the decision was necessary to uphold the company’s values and governance. Navratil began his career with Nestlé in 2001 and has held various roles, including CEO of Nestlé's Nespresso division since 2024.
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