Buffett Steps Down, New CEO Leads Berkshire Hathaway

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.


appleinsider.com / Warren Buffett never made anything but money -- and friends with Apple

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…

wsj.com / Warren Buffett to Remain Berkshire Hathaway Chairman

The company said the board approved the Jan. 1 appointment of Greg Abel as chief executive.

reuters.com/business / Berkshire Hathaway shares fall as Buffett to step down as CEO at year-end - Reuters

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




More Top Stories...


Google to Pay Billion-Dollar Settlement Over Texas Privacy Claims

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...


Chrome battles online scams with on-device AI

In a high-tech twist on digital security, Google is deploying on-device AI in Chrome to sniff out and block online scams in real time. This stealth upgrade is set to intercept nasty cyber schemes before they even reach your browser, proving that even your computer can have a watchdog with a wicked streak. More...


Rippling Soars to $16.8 Billion Valuation Amid Financing Round

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...


Apple Shifts iPhone Production to Brazil to Dodge U.S. Tariffs

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 Galaxy S25 Edge Reveal Sparks Tech Buzz

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...



Disclaimer: The information provided on this website is intended for general informational purposes only. While we strive for accuracy, we do not guarantee the completeness or reliability of the content. Users are encouraged to verify all details independently. We accept no liability for errors, omissions, or any decisions made based on this information.