At Berkshire Hathaway’s first annual shareholders meeting since the death of former vice chairman Charlie Munger, CEO Warren Buffett projected the company’s record-setting cash pile would exceed $200 billion this year and spoke highly of Apple, despite the company’s Saturday earnings report showing it sold off a significant portion of its shares in the tech giant.
With support from American Express’ longtime CEO Ken Chenault, the founder of fintech Bilt Rewards has become a billionaire creating a membership rewards program for house and apartment renters across the country.
Landfills are overflowing with plastic trash. Serial inventor Jonathan Rothberg’s Protein Evolution found a solution: using AI to create enzymes that can recycle old polyester textiles into a material that acts new. Now the three-year-old company needs to prove that it can scale up.
Country Archer’s Eugene Kang grew up stocking shelves at his parents’ gas station convenience stores. Now he’s producing one of the fastest-growing better-for-you snack foods in America.
Startmate has invested in 230+ startups worth $3.5 billion since its inception in 2011. Here are the 10 companies to graduate from the 2024 cohort, now pushing forward into the Australian entrepreneurship eco-system.
The announcement came alongside the company’s earnings report, with its nearly$6 billion in first quarter revenue beating expectations.
After jostling for the position of second-wealthiest person in the world more than a dozen times in March, Musk and Bezos are competing closely once again.
The company said it moved forward with layoffs because it “simply had no other way to bring its spending in line with revenue.”
Only 8% of Australians use ChatGPT daily, much less than the global average. 78% of Australians distrust news written entirely by generative AI. We dig into the data.
Elon Musk internally announced that about 500 people, or the entire team that works on superchargers for Tesla, were being let go this week, according to The Financial Times.