Saturday, May 3, 2025, 3:20 pm
Warren Buffett is set to leave the helm of Berkshire Hathaway as he prepares to step down, even as the conglomerate posts a record $348 billion cash hoard. This twin headline of leadership change and cash reserve success marks a historic, if slightly ironic, turning point for the iconic firm.
The famed investor largely shied away from tech until his 2016 Apple bet. It turned out to be his greatest investment.
Buffett devotees say farewell at poignant Omaha ‘pilgrimage’ Financial Times
Warren Buffett to Exit Berkshire Hathaway The Information
Warren Buffett's successor Greg Abel seen preserving Berkshire's culture Reuters
Reaction to Buffett plan to step down as Berkshire CEO, new CEO Abel Reuters
Buffett To Step Down As Berkshire CEO At Year-End As Cash Hoard Hits Record $348 BIllion It's the end of an era at America's largest hedge fund/private equity/insurance float-cum-rollup conglomerate, whatever you want to call it: Warren Buffett just announced during the Berkshire…
Legendary investor Warren Buffett announced today that he will ask the Berkshire Hathaway board to have Greg Abel replace him as CEO at the end of 2025. “I think the time has arrived where Greg should become the chief executive officer of the company at year end,” Buffett said at the end of the…
Warren Buffett to step down from Berkshire Hathaway after six decades Financial Times
permalink / 8 stories from sources in 34 hours ago #stockmarket #business #finance
Reports indicate Apple may soon ditch traditional bezels for an edge-to-edge, all-screen iPhone—marking its 20th anniversary—with the iPhone 18 Pro rumored to sport under-screen Face ID. These fresh design insights from reliable sources certainly hint at a bold leap forward for Apple, blending innovation with a dash of audacity. More...
Apple is reportedly reintroducing a battery case accessory for its upcoming iPhone 17 Air after testing revealed the device’s battery struggles to keep up with its ultra-slim design. This twist forces the tech giant to package an external power fix with its elegant but endurance-challenged model. More...
In a notable legal twist, Apple finds itself saddled with a $95 million Siri privacy class‐action settlement. Affected iPhone users are being contacted to apply for compensation following claims of unauthorized recordings. Despite the tech giant’s best efforts to maintain its pristine image, this legal setback is being touted as a surprising win for consumer rights. More...
President Trump has signaled a willingness to push back the impending TikTok ban, indicating yet another delay to give American buyers more time while a deal for U.S. operations hangs in the balance. Amid the ongoing tug-of-war between regulatory pressure and business interests, the saga continues with Trump’s familiar high-stakes negotiation style. More...
A modified Signal app—used by Trump administration officials for archiving third-party communications—fell victim to hackers in less than half an hour. The breach has raised eyebrows and highlighted vulnerabilities in tools meant to safeguard sensitive government exchanges, leaving officials scrambling for better defenses. More...
Berkshire Hathaway Boldly Transitions Leadership as Buffett Picks Long-Deputy Abel (18 hours ago)
Bezos to Sell $4.75B Amazon Stock Amid Tariff Concerns (2 days ago)
Block Inc. Stock Slide Reflects Earnings Disappointment (3 days ago)
Starbase Texas becomes official city in SpaceX hub (14 hours ago)
Berkshire Hathaway Boldly Transitions Leadership as Buffett Picks Long-Deputy Abel (18 hours ago)
Anthropic Employee Share Program Fuels Fortune, Company Valuation at $61.5B (43 hours ago)
Taiwan Dollar Surges to Record Levels Against the US Dollar (3 hours ago)
Berkshire Hathaway Boldly Transitions Leadership as Buffett Picks Long-Deputy Abel (18 hours ago)
Block Inc. Stock Slide Reflects Earnings Disappointment (3 days ago)
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.