NFTs As a Force for Good: The Case of the Savvy Salamanders

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NFTs have been rather controversial; some people think they’re scams, some people have actually been scammed, and others don’t think NFT art is worth the high price. But for The Savvy Salamander Study Club, NFTs are a force for good. Featuring the Institut Européen d’Administration des Affaires’s yellow salamander mascot, SSSC is an NFT campaign developed by INSEAD MBA students to foster alumni relationships and to help financially challenged INSEADers who want a world-class business education. 100% of SSSC’s profit goes toward scholarships and developing the club. Read full article here

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Improving media literacy could boost trust towards the news, IMPRESS report suggests

The UK media is regulated by the likes of IPSO and Ofcom. The report by press regulator IMPRESS highlights the link between low levels of media literacy and trust in the news. The study found that three quarters of those who did not know if journalists were regulated did not trust the news. It suggests that improving media literacy is one way to stem the erosion of trust, and shows that audiences have an appetite for information on news processes. Stakeholders need to collaborate in order to rebuild trust in the news, and independent media is well placed to do this. Read full article here

Human Interest Story

Lawsuit Claims Microwave Mac and Cheese Takes Too Long

Kraft Heinz is facing a new lawsuit from a Florida woman claiming that their microwavable Velveeta Shells and Cheese cups do not actually take only 3.5 minutes to prepare, as advertised. Lead plaintiff Amanda Ramirez’s lawsuit alleges that the four steps required to prepare the meal means that it takes longer than 3.5 minutes, and has asked for at least $5 million in punitive damages. Kraft Heinz have defended the allegations, but the case will likely take more than 3.5 minutes to resolve. Read full article here

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