Monday, May 5, 2025, 7:20 am
Legendary investor Warren Buffett is set to step down as CEO of Berkshire Hathaway—a move that has not only rattled the share prices but also ushered in a generational leadership transition with Greg Abel poised to take the reins. Even Buffett isn’t immune to handing off the money‐making magic.
Apple's Tim Cook has praised investor Warren Buffett, who has announced he's stepping down from the firm he's led for six decades.Tim Cook (left) and Warren Buffett at Apple Park — image credit: AppleSteve Jobs was famously dismissive of anyone who wasn't a "product person," and even included Tim…
The company said the board approved the Jan. 1 appointment of Greg Abel as chief executive.
Berkshire Hathaway shares fall as Buffett to step down as CEO at year-end Reuters
permalink / 3 stories from sources in 5 days ago #investment #business #finance
Google has agreed to a settlement of roughly $1.375 billion to settle allegations of invasive data tracking practices in Texas. Both reports detail the breach of users’ sensitive geolocation and privacy rights, marking another hefty reminder that digital privacy demands serious oversight—even if enforcement sometimes seems as elusive as a mirage. More...
Facing escalating U.S. tariffs, Apple appears to be quietly shifting iPhone production to Brazil through its Foxconn partnership. Despite Apple’s denials, industry insiders suggest this strategic relocation aims to stabilize prices and secure the supply chain, proving that when it comes to international trade, geography often trumps rhetoric. More...
Samsung has kicked off a high-profile unveiling of its long-anticipated superslim Galaxy S25 Edge, sparking excitement among tech enthusiasts. The event showcased the phone’s innovative design and cutting-edge features, setting the stage for a fiercely competitive market. Not exactly a revolution, but enough to make followers drool. More...
HR tech startup Rippling has astonished investors by reaching a $16.8 billion valuation following a $450 million Series G financing round. This meteoric rise, buoyed by savvy venture capital interest (YC reportedly being one of the backers), adds another chapter to today’s ever-expanding unicorn saga. More...
U.S. Customs and Border Protection is set to capture every face of drivers leaving the country with high-tech facial recognition that matches travelers against their passports. The agency’s ambitious plan has security officials applauding while privacy advocates raise an eyebrow at this unprecedented surveillance move. More...
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