Investing

Tuesday’s selloff was almost certainly not related to Monday’s technical error which briefly showed a 100% loss for Berkshire, but it was a puzzling loss.

Digital freight management startup Ofload has closed a $31 million funding round, with plans to roll-out its Carbon Analytics Platform.

GameStop shares soared after Gill posted a screenshot that appeared to show a $116 million position in the company.

Roaring Kitty, the social media handle used by trader Keith Gill, helped inspire 2021’s meme stock craze that saw shares of companies like GameStop and AMC Entertainment skyrocket.

French Gates disclosed she is stepping down from the Gates Foundation this week and investing a further $1.5 billion into women’s causes via Pivotal Ventures. $30m is pledged to former NZ PM Jacinda Ardern.

The price hikes make Spotify’s subscription service more expensive than rival Apple Music.

Berkshire Hathaway, the conglomerate helmed by billionaire Warren Buffett, did not in fact lose almost its entire $900 billion market capitalization.

Federal jury rules the planemaker stole intellectual property from startup Zunum Aero after investing in it.

Australian AI policy expert Helen Toner – formerly an OpenAI board member – spoke about her experiences with Altman on the TED AI podcast this week. The CEO lied, withheld and misrepresented information to the board, Toner says.

Google defended its AI Overviews feature but said it would implement new safeguards after the tool told people to eat rocks and put glue on their pizzas and dismissed fake viral screenshots claiming it endorsed smoking for pregnant people.