Finance
Warren Buffett’s Berkshire Hathaway seems to finally be loosening the purse strings now that the legendary investor isn’t calling the shots.Berkshire, now run by Greg Abel, has agreed to buy $10 billion of Alphabet stock in a private placement, Google’s parent company said on Monday.Buffett’s conglomerate — which owns Geico,…
This as-told-to essay is based on a conversation with Jennifer Lankford, the 45-year-old CEO of Lankford Communications, who relocated to Costa Rica. The following has been edited for length and clarity.I’m the CEO of Lankford Communications, and I live in Jaco, Costa Rica. I formerly lived in Portland and the…
I don’t often mention that I belonged to The Wing, the women’s-only social club that came to epitomize a distinctly mid-2010s blend of sisterhood and girlboss consumerism. By the time it closed less than six years after it opened, the pendulum of public opinion had already swung away from these…
A prominent Ukrainian war tracker said on Monday that Russia suffered a net monthly territorial loss for the first time since 2023, when Kyiv launched its major counterpush.DeepState UA, an open-source intelligence tracker widely used by Ukrainians and analysts to monitor the front lines, said Moscow had gained 14 square…
This school year, I wasn’t with my kids the first and last weeks of school, and that was hard on meAs a divorced mom, I split time with my kids 50/50 with my ex. It’s been tricky to juggle all the special occasions while alternating weeks with my kids, especially…
Tilt, a live shopping auction app that says it uses AI to make selling online faster and easier, has raised $26 million in funding.The London-based startup, founded in 2021 by ex-Revolut employees Abhi Thanendran and Neil Shah, has raised $50 million to date.Buyers select a category on the app —…
The race to IPO is on: Anthropic just filed its confidential S-1 draft.On Monday morning, the AI juggernaut announced it had turned in its first IPO proposal to the U.S. Securities and Exchange Commission. It’s a major step in the rush toward a public listing, as Anthropic and rival OpenAI…
Nico Laqua said he’d rather shave years off his life than see his startup fail.He cofounded Corgi, an AI insurance company, in 2024. Corgi became a unicorn in May, raising its Series B at a $1.3 billion valuation — before raising a Series B1 round at a $2.6 billion valuation…
OpenAI CEO Sam Altman is backing a stealthy physical AI startup run by former Tesla and Meta employees, in the latest sign that investors are rushing into robotics.The startup, called Alfred, is also being funded by Khosla Ventures, SV Angel, Chapter One, and others, according to internal documents reviewed by…
Amazon’s investment in Anthropic has become one of the most lucrative bets in the cloud giant’s history.Amazon’s original $8 billion investment in the AI startup has swelled into a stake worth roughly $74 billion on paper as Anthropic’s valuation has soared, according to a quarterly filing from late April.In the…
