Warren Buffett Now Owns Some Intel Shares, Too

Apparently over his reluctance to own tech stocks, Warren Buffett now has a small stake in chipmaker Intel, SEC filings show.
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Warren Buffett Likes IBM’s Tune, Becomes Its Biggest Shareholder

Warren Buffett says he has bought 5.5 percent of IBM, which appears to make him Big Blue’s largest shareholder.
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Apple Nearing Wal-Mart’s Market Cap

Apple’s shares have been on a tear following the announcement of the iPad, and with the device nearing its market debut, they’re rising to new heights. As I write this, Apple shares are trading at $229.45, a fresh 52-week high and a new all-time high as well. Apple today has a market cap of $207.99 billion. That places it fourth on a list of the Top Five publicly traded U.S. companies–just below Wal-Mart.

Apple: Bigger Than Wal-Mart?

Apple, which had a market cap of several billion a decade ago, is today flirting with $200 billion, fifth in line among U.S. publicly-listed stocks behind Wal-Mart Stores, Berkshire Hathaway, Microsoft and Exxon Mobil.

Weekend Update 9.19.09–The Real World, Silicon Valley Edition

Geekfighting may never become its own UFC event, but following tech news this week seemed, in places, like a view to a big, well-funded cage match.

Warren Buffett at Fortune Women's Conference: On the Economy and George Clooney

Folksy set was on the highest burner possible at Fortune magazine’s Most Powerful Women’s conference this morning, as legendary financial investor Warren Buffett took to the stage. Buffett, who was interviewed by Fortune’s terrific Carol Loomis onstage in Carlsbad, Calif., held forth to the crowd–made up mostly of women–having instructed Loomis previously to “do anything with me…I like your crowd.”
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Yahoo's Bartz (No. 8), Facebook's Sandberg (No. 22), Google's Mayer (No. 44) and More Techies Make Fortune's 50 Most Powerful Women List

Time Inc.’s Fortune magazine–which never met a list it did not like to make–had a solid group of women tech types on its “50 Most Powerful Women 2009” roster, the annual survey that it posted yesterday. Yahoo CEO Carol Bartz made the Top Ten this year, clocking in at No. 8, along with a lot of other tech-savvy women in Silicon Valley and elsewhere.
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Bidding for Buffett Heats Up on eBay

Even in a recession, lunch with Warren Buffett turns out to be a hot commodity. The investment guru and CEO of Berkshire Hathaway has an annual ritual of auctioning a steak lunch with himself on eBay to raise money for San Francisco’s Glide Foundation. Last year’s winning auction tally of $2.1 million broke all previous records.

From the Desk of Former Yahoo President Sue Decker

Recently–in the echo chamber that is Silicon Valley–several people told BoomTown quite separately that former Yahoo President Sue Decker had become an executive-in-residence at the Blackstone Group. Actually, when reached via email, Decker told me she has yet to decide her next step after leaving Yahoo and had simply set up a no-strings-attached desk at the private equity firm’s San Francisco office, but is definitely not an EIR there. And who says bloggers don’t check? In fact, a move to join Blackstone formally would have been very ironic for Decker given that the firm–specifically, longtime friend and former colleague, Jill Greenthal–was one of the advisers to Microsoft in its failed takeover battle for Yahoo.
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Rich/Obscenely Rich Divide Closing

The souring economy is closing the divide between the rich and the obscenely rich. Forbes just published its annual list of billionaires and it has 332 fewer names this year than it did last year. Among those who’ve suffered grotesque losses: Microsoft co-founder Bill Gates and Berkshire Hathaway Chairman Warren Buffett.
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