Browsing: Warren Buffett

Why are young tech billionaires so boring?

Early in Warren Buffett’s life, his father failed to get hired at the family grocery store during the Great Depression. Without a job, and without any money after a run on the banks, the family of four ran up a tab

Zuck tops Buffett as world’s third richest

Facebook co-founder Mark Zuckerberg has overtaken Warren Buffett as the world’s third-richest person, further solidifying technology as the most robust creator of wealth. Zuckerberg, who trails only

Warren Buffett offered Uber $3bn

Warren Buffett proposed investing $3bn in Uber Technologies earlier this year but the talks fell apart following disagreements over the terms and size of the deal, people familiar with the matter said. The now-dead

Big investors turn bearish on Apple

Institutional investors haven’t been this sceptical about Apple since at least the financial crisis. They reduced their holdings in the iPhone maker by about 153m shares in the first three months of the year, an analysis

Billionaire Buffett ditches IBM for Apple

Berkshire Hathaway bought an additional 75m shares of Apple in the first quarter, while dumping its remaining stake in IBM, chairman Warren Buffett said in a CNBC interview. The Apple purchase, which would have

Big Blue struggles with turnaround

IBM’s one-quarter growth streak is already in doubt. Shares of the technology company fell in early trading after it reported narrower profit margins and no revenue growth, excluding help from a weak US

‘I blew it’ on tech: Warren Buffett

Underlying the festivities at Warren Buffett’s annual bash for Berkshire Hathaway shareholders over the weekend was a sobering fact: finding the next big thing is hard. The Berkshire CEO spoke at length Saturday about his failure

1 2