• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Microsoft AI chief gives it 18 months—for all white-collar work to be automated by AI

2

Former top Russian official admits the country is over Putin and can 'imagine a future without him' — even elites bail as Kremlin seizes their assets 

3

Meet the 20-year-old CEO who launched a company in high school to solve Gen Z's entry-level job crisis

1

Microsoft AI chief gives it 18 months—for all white-collar work to be automated by AI

2

Former top Russian official admits the country is over Putin and can 'imagine a future without him' — even elites bail as Kremlin seizes their assets 

3

Meet the 20-year-old CEO who launched a company in high school to solve Gen Z's entry-level job crisis
NewslettersCEO Daily

Ben & Jerry’s rattles the U.K. government

By
David Meyer
David Meyer
Down Arrow Button Icon
By
David Meyer
David Meyer
Down Arrow Button Icon
August 12, 2020, 6:33 AM ET

This is the web version of CEO Daily. To get it delivered to your inbox, sign up here.

Good morning. David Meyer here in Berlin, filling in for Alan.

The British government is arguing with ice cream.

Surreal, yes, but the subject of the argument is deadly serious: it’s about migrants who crowd into small boats to cross the English Channel from France. After Home Secretary Priti Patel on Monday pledged to make these dangerous crossings “unviable,” Ben & Jerry’s U.K. took to Twitter to take her to task.

“Hey @PritiPatel we think the real crisis is our lack of humanity for people fleeing war, climate change and torture,” a thread from the ice cream brand began. Ben & Jerry’s went on to note that “the U.K. hasn’t resettled any refugees since March, but wars and violence continue.”

and once more for the back: PEOPLE CANNOT BE ILLEGAL.

— Ben & Jerry's UK 🧡 (@benandjerrysUK) August 11, 2020

It seems Ben & Jerry’s tweets rattled the government, because someone in Patel’s department, the Home Office, briefed the BBC that the firm’s ice cream was “overpriced junk food.” James Cleverly, a lawmaker from Patel’s Conservative Party, tweeted: “Can I have a large scoop of statistically inaccurate virtue signaling with my grossly overpriced ice cream please.”

Andrew Neil, a prominent conservative media personality, accused the brand of “posing as some kind of hippy ice cream play.”

“You’re now wholly owned by a massive global conglomerate called Unilever. Perhaps if it paid the taxes [the U.K. tax authority] thinks you should pay we could afford to accommodate many more asylum seekers,” Neil tweeted.

Indeed, Unilever is currently battling Her Majesty’s Revenue & Customs over a $166 million tax bill. But it’s not like Ben & Jerry’s has no form in this regard.

Ben & Jerry’s is the OG corporate activist. It may have recently run high-profile campaigns in support of Black Lives Matter—winning plaudits for an unequivocal statement saying “the murder of George Floyd was the result of inhumane police brutality that is perpetuated by a culture of white supremacy”—and the release of prisoners to reduce their exposure to COVID 19, but it’s been campaigning for progressive causes for decades.

That’s part of the Ben & Jerry’s brand, no matter who the parent company is (and Unilever is no slouch on the CSR front itself)—you may like it or disapprove, but “posing” doesn’t ring true in relation to a firm that’s always been this way. And whatever your views on the issues at hand might be, there’s no denying that Ben & Jerry’s activism still has the capacity to rattle the establishment.

More news below. And remember that Fortune is collecting nominations (until August 24) for our annual Most Powerful Women lists, which publish in our November issue.

David Meyer
@superglaze

david.meyer@fortune.com

TOP NEWS

Kamala Harris

Joe Biden has picked Senator Kamala Harris to be his running mate in November. Harris, 55, will be the first Black woman (and the first Asian-American) on a major party's presidential ticket in the U.S. Like Biden, she is a moderate within the Democratic spectrum—though that hasn't stopped President Trump's campaign team immediately branding her as "radical left." Fortune

U.K. recession

It's official: the U.K. is in its deepest-ever recession. Its economy contracted by 20.4% in Q2—the worst GDP drop of any G7 country during the pandemic, though at least it wasn't as bad as Spain's 22.7% shrinkage. This may have something to do with the U.K. being slower than its peers to impose a lockdown (its Q1 GDP fall was just 2.2%.) Guardian

TikTok tactic

TikTok has been caught out using an "unusual added layer of encryption" to hide user-tracking that violates Google's privacy policies. It seems the controversial app was, until November, covertly collecting device identifiers called MAC addresses. These are generally collected for the purpose of profiling users' activity, so as to better target ads at them. Wall Street Journal

Tesla stock

Tesla is splitting its shares in a 5-for-1 exchange, in a bid to make its stock more attainable for individual investors. So shareholders of record on August 21 will get a dividend of four extra shares of common stock for each share held at the time. Fortune

AROUND THE WATER COOLER

Airbnb IPO

Airbnb will reportedly file for IPO this month, with the aim of a listing by the end of the year. Morgan Stanley will apparently lead the offering. It's not yet clear what kind of listing Airbnb might seek (traditional, direct, or merging with a blank-check company) and, of course, the timeline could still fall apart due to wider events. WSJ

TSMC's role

Fortune's Eamon Barrett takes a close look at Taiwan Semiconductor Manufacturing Co., or TSMC, which is the world's biggest chipmaker, responsible for around half the world's contract processor production. He writes: "TSMC’s central place in the silicon ecosystem makes it particularly sensitive to the counterpunches of Sino-American trade tensions. As relations between China and the U.S. deteriorate, each is determined to insulate its supply of semiconductors from attack by the other—which means redefining their relationships with TSMC." Fortune

WeChat importance

So if and when President Trump's WeChat ban takes effect, how will that affect users in the U.S.? Many find the app "irreplaceable" because it makes it possible to keep in touch with older, less tech-savvy relatives in China. As Fortune's Naomi Xu Elegant writes: "It's one of the few apps that bridges the technological divide between China and the U.S." Fortune

Nestlé CEO

Mark Schneider, Nestlé's CEO, sets out his views on the pandemic and effects, along with many other issues, in this fascinating interview with Fortune's Beth Kowitt. Schneider on Nestlé maintaining its guidance for the year, while many other firms did not: "It was important to me that one of the ways as a company we can contribute to stability is by fully meeting our commitments. In Europe there was a debate that some companies should delay or reduce the dividends. We didn’t do that, because it’s someone else’s income." Fortune

This edition of CEO Daily was edited by David Meyer.

About the Author
By David Meyer
LinkedIn icon
See full bioRight Arrow Button Icon

Latest in Newsletters

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Newsletters

Jenn Hyman reflects on the highs and lows of running Rent the Runway for almost two decades
NewslettersMPW Daily
Jenn Hyman reflects on the highs and lows of running Rent the Runway for almost two decades
By Emma HinchliffeMay 15, 2026
2 days ago
Andrew Feldman, co-founder of Cerebras
NewslettersTerm Sheet
Cerebras soars almost 70% by market close in a true blockbuster IPO
By Allie GarfinkleMay 15, 2026
2 days ago
OpenAI CEO Sam Altman (left) and Apple CEO Tim Cook in Washington, D.C., on Sept. 4, 2025. (Photo: Will Oliver/EPA/Bloomberg/Getty Images)
NewslettersFortune Tech
OpenAI may take legal action against Apple over Siri’s ChatGPT integration
By Andrew NuscaMay 15, 2026
2 days ago
State Farm CEO is betting big on AI—and contemplating the company’s future in California
NewslettersCEO Daily
State Farm CEO is betting big on AI—and contemplating the company’s future in California
By Diane BradyMay 15, 2026
2 days ago
The AI boom sidelined sustainability. Two researchers want to change that
NewslettersEye on AI
The AI boom sidelined sustainability. Two researchers want to change that
By Sharon GoldmanMay 14, 2026
3 days ago
‘Be delusional enough to call yourself something the world hasn’t called you yet’: What powerful women told the class of 2026
NewslettersMPW Daily
‘Be delusional enough to call yourself something the world hasn’t called you yet’: What powerful women told the class of 2026
By Sydney LakeMay 14, 2026
3 days ago

Most Popular

Microsoft AI chief gives it 18 months—for all white-collar work to be automated by AI
AI
Microsoft AI chief gives it 18 months—for all white-collar work to be automated by AI
By Jake AngeloMay 16, 2026
22 hours ago
Former top Russian official admits the country is over Putin and can 'imagine a future without him' — even elites bail as Kremlin seizes their assets 
Politics
Former top Russian official admits the country is over Putin and can 'imagine a future without him' — even elites bail as Kremlin seizes their assets 
By Jason MaMay 16, 2026
12 hours ago
Meet the 20-year-old CEO who launched a company in high school to solve Gen Z's entry-level job crisis
Future of Work
Meet the 20-year-old CEO who launched a company in high school to solve Gen Z's entry-level job crisis
By Jake AngeloMay 16, 2026
1 day ago
The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises
Politics
The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises
By Jake AngeloMay 12, 2026
5 days ago
‘You’re not a hero, you’re a liability’: Shark Tank’s Kevin O’Leary warns Gen Z founders to stop glorifying hustle culture
Future of Work
‘You’re not a hero, you’re a liability’: Shark Tank’s Kevin O’Leary warns Gen Z founders to stop glorifying hustle culture
By Jacqueline MunisMay 16, 2026
22 hours ago
Oil markets could be a month away from the moment of truth. Brace for a 'non-linear' price spike and panic buying, analysts warn
Energy
Oil markets could be a month away from the moment of truth. Brace for a 'non-linear' price spike and panic buying, analysts warn
By Jason MaMay 16, 2026
15 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.