Kara Swisher in Media on May 7 at 9:44 am PT
If the sage of Omaha thinks it’s bad, it has moved to much worse.
John Paczkowski in News on May 7 at 4:11 am PT
Warren Buffett wouldn’t bet against Apple and Google, but he won’t invest in them, either.
News Byte
Peter Kafka in Media on May 5 at 2:24 pm PT
Berkshire Hathaway’s Warren Buffett, who owns the Buffalo News, the Omaha World-Herald and a big chunk of the Washington Post,
told shareholders today that he may buy more newspapers. “I think there is a future for newspapers that exist in an area where there is a sense of community,” he said. “I think the economics will be ok, but it will be nothing like the old days.”
Liz Gannes in News on April 25 at 1:45 pm PT
Marc Andreessen and Ben Horowitz say they want to improve venture capital’s image by committing to philanthropy.
Voices
Geoffrey A. Fowler, Reporter, The Wall Street Journal in News on April 21 at 6:05 pm PT
The billionaire founders of PayPal and Broadcom Corp. are among a dozen wealthy families that have agreed to give the majority of their wealth to charity, following in the footsteps of technology entrepreneurs such as Bill Gates and Mark Zuckerberg.
Arik Hesseldahl in News on November 14, 2011 at 4:59 am PT
Warren Buffett says he has bought 5.5 percent of IBM, which appears to make him Big Blue’s largest shareholder.
Peter Kafka in Media on September 28, 2010 at 6:25 am PT
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.
Kara Swisher in News on March 11, 2010 at 9:31 am PT
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.