Sunday, August 4, 2024

Saturday, August 3, 2024

Warren Buffet’s Berkshire Hathaway sells half its Apple stock

Warren Buffett’s Berkshire Hathaway cut its Apple holding by around half, to $84.2 billion, according to an SEC filing. While Apple remains the firm’s largest stock holding by far, Buffett had already reduced its stake by 13 percent earlier this year, hinting that he didn’t mind selling “a little Apple” for tax reasons. Berkshire Hathaway […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Posted from: this blog via Microsoft Power Automate.

Share:

Rediff, once an internet pioneer in India, sells majority stake for $3M

Payments infrastructure firm Infibeam Avenues has acquired a majority 54% stake in Rediff.com for up to $3 million, a dramatic twist of fate for the 28-year-old business that was the first Indian internet firm to list on Nasdaq back in the year 2000. Founded in 1996, Rediff rode the initial dot-com wave to become one […]


© 2024 TechCrunch. All rights reserved. For personal use only.


http://dlvr.it/TBRDrL
Share:

Friday, August 2, 2024

Self-driving truck startup Aurora Innovation raises $483M in share sale ahead of commercial launch

Self-driving technology company Aurora Innovation was hoping to raise hundreds of millions in additional capital as it races toward a driverless commercial launch by the end of 2024. The company, which had arranged to sell up to $420 million worth of shares, exceeded its goal and raised $483 million. The newly raised funds come a little […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Posted from: this blog via Microsoft Power Automate.

Share:

FTC and Justice Department sue TikTok over alleged child privacy violations

The U.S. Federal Trade Commission and the Justice Department are suing TikTok and ByteDance, TikTok’s parent company, with violating the Children’s Online Privacy Protection Act (COPPA). The law requires digital platforms to notify and obtain parents’ consent before collecting and using personal data from children under the age of 13. In a press release issued […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Posted from: this blog via Microsoft Power Automate.

Share:

Cloud infrastructure revenue approached $80 billion this quarter

The cloud infrastructure market has put the doldrums of 2023 firmly behind it with another big quarter. Revenue continues to grow at a brisk pace, fueled by interest in AI. Synergy Research reports revenue totaled $79 billion for the quarter, up $14.1 billion or 22% from last year. This marked the third consecutive quarter that […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Posted from: this blog via Microsoft Power Automate.

Share: