Campbell's to Shed Chocolatier

Soup maker gets $850M, will focus on core businesses

(NEWSER) - To ensure that its bottom line stays “M'm! M'm! Good,” the Campbell Soup Company sold its upscale Godiva chocolate brand yesterday for $850 million. Yildiz Holding of Turkey beat out Starbucks and Hershey’s to nab the Belgian chocolatier, which racks up $500 million in annual sales, the New York Times reports. The sale will help Campbell’s recover from a 7.2% drop in its first-quarter net. More»

Many see right through US bars, actually made by Hershey

(NEWSER) - Serious chocolate fans responded warily to the news of Kraft's bid for Cadbury—especially in the US, where aficionados reject the domestic brand anyway. It’s made by Hershey, not the British firm itself, and that just won’t cut it for hardcore devotees of the British brand, the Wall Street Journal reports. "If you were to hold a gun to my head, and say, 'Eat this Hershey bar!' I'd say: 'Shoot me,'" vows one fan. More»

(NEWSER) - A mistake in the labs of the world's largest chocolate producer inadvertently led researchers to the ultimate in confectionery: a recipe that's not only heat-resistant, but that contains 90% fewer calories than normal chocolate. Food engineers fooling around at Barry Callebaut, which makes products for Nestlé and Cadbury, ended up creating a crispy bar with a light consistency that doesn't melt below 131°F. More»

Tcho founders predict a coffee-like revolution for the sweet stuff

(NEWSER) - San Francisco startup Tcho has all the sweet Silicon Valley trimmings, the Economist reports; high-profile tech alums, online beta testing and stock options for all. But its product is even sweeter: top-quality chocolate. The company has developed a means to grade cocoa beans' complex nuances on a "flavor wheel," taking a cutting-edge approach to a timeless artisanal craft. More»