Brand News: 10 Things You Need to Know For Monday May 7th

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Nestle and Starbucks deal

Nestlé is paying Starbucks $7.15 billion to market the U.S. coffee company’s products around the world beyond Starbucks’ coffee shops.

Condé Nast denies rumors that Apple is acquiring it as Warren Buffett regrets not investing in Apple (or Google Parent Alphabet).

Disney‘s Avengers: Infinity War sets record in passing $1B box office.

Elon Musk may (or may not) be launching a candy brand.

Facebook opens new AI labs in the U.S.

Fashionistas and brands get ready for the Met Gala in New York.

Mondelez snaps up Hamptons, NY-based cookie-maker Tate’s Bake Shop.

Tastemade tests brick-and-mortar cafes.

Toyota helps MIT develop self-driving car that doesn’t need maps.

Walmart plans $2-3 billion push for newly acquired Flipkart in India.


CAMPAIGNS:

McDonald’s U.S. promotes new 100% fresh beef Quarter Pounder burgers with campaign featuring Gabrielle Union, John Goodman and John Barkley:

eBay features cricketer Shane Warne in new campaign in Australia:

McDonald’s Hong Kong celebrates the art of coffee:

Specsavers creates in-ad vision test in Australian campaign:

Kanye West teases his new Yeezy sneakers with adidas on Twitter:

Rihanna teases Savage x Fenty lingerie line launching 5/11:

& going viral: Donald Glover‘s NSFW This Is America video as Childish Gambino, released while hosting Saturday Night Live in character:


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