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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AOL Officially Adds 5Min to Its Roster. Next?

Here’s the official press release announcing AOL’s acquisition of 5Min Media. Sources familiar with the transaction tell me it’s an all-cash deal at the high end of the $50 million to $65 million range I reported earlier today. So let’s call it $65 million.

YouTube’s New Revenue Plan: Gouge Warren Buffett!

Not a terrible idea!

YouTube's New Revenue Plan: Gouge Warren Buffett!

Not a terrible idea!

Rich Dude Who Backed New York Times Bumps Tech's Gates as World's Wealthiest Man

Microsoft bigwig Bill Gates got hip-checked off the top perch as the richest man in the world by Mexican billionaire Carlos Slim on the annual Forbes list of the world’s Richie Richs. Often in the No. 1 spot, Gates actually got shoved off in 2008 by investor Warren Buffett (now No. 3), with whom he is good friends. Gates returned to the top rank in 2009, and now Slim–a telecom and more tycoon–has surpassed Gates’s net worth of $53 billion slightly with a $53.5 billion kitty.

Almost Famous: Flowtown’s Ethan Bloch

This week: We grabbed a coffee with Ethan Bloch, CEO of Flowtown, a platform that aims to help businesses understand the people on their mailing lists. He swears it’s not stalking.
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A Clicker To Watch TV Online

Katherine Boehret looks at Clicker.com, which helps viewers find their favorite shows online faster.

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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Buffett EBay Auction Was Won by Canadian Firm

When Warren Buffett auctioned off lunch with himself for charity last month, the winning bidder remained anonymous. It turns out that the person who spent $1,680,300 for lunch with the investment guru wasn’t a person at all: it was Canadian wealth-management firm Salida Capital.

Rich/Obscenely Rich Divide Closing

A Grim Year for PC Sales

Buffett: Unemployment Going Past 8 Percent

MicroHoo: A Deal Must Be Done

The FCC Is Going COMCASTIC!