Warren Buffett to Step Down as Berkshire CEO, Greg Abel Named Successor

Warren Buffett to Step Down as Berkshire CEO, Greg Abel Named Successor

OMAHA, Nebraska - Warren Buffett, the legendary investor often referred to as the "Oracle of Omaha," announced on Saturday that he will step down as CEO of Berkshire Hathaway at

Elon Musk’s Wealth Falls Below $700 Billion as SpaceX Sell-Off Deepens

Elon Musk’s Wealth Falls Below $700 Billion as SpaceX Sell-Off Deepens

Elon Musk's net worth has dropped below $700 billion for the first time since December 2025 after another sharp decline in SpaceX shares extended the company's recent market rout. The

Toshiba is Set to Delist in Japan After 74 Years as Part of $14 Billion Deal

Toshiba is Set to Delist in Japan After 74 Years as Part of $14 Billion Deal

Toshiba Corporation has officially announced the successful conclusion of a $14 billion tender offer presented by private equity firm Japan Industrial Partners (JIP). This significant development marks the way forward

Activision Blizzard Settles Gender Discrimination Lawsuit with California for $54 Million

Activision Blizzard Settles Gender Discrimination Lawsuit with California for $54 Million

In a landmark resolution, video game giant Activision Blizzard and the California Civil Rights Department (CRD) have reached a settlement in a gender discrimination lawsuit, amounting to approximately $54 million.

YouTube Opens Door for Previously Banned Users to Return Under New Content Rules

YouTube Opens Door for Previously Banned Users to Return Under New Content Rules

YouTube has begun reinstating some previously banned users, allowing them to create new accounts and even re-upload videos that were once flagged under now-defunct content policies. The move follows a

Couple Unable to Sue Uber After Crash Due to Terms of Service Agreement

Couple Unable to Sue Uber After Crash Due to Terms of Service Agreement

A New Jersey couple who sustained life-altering injuries in an Uber crash have been told they cannot pursue legal action against the company, as they are bound by Uber's Terms

DEI is Winning with Costco, Apple and Levi’s Shareholders

DEI is Winning with Costco, Apple and Levi’s Shareholders

DEI is winning with Costco, Apple and Levi’s shareholdersDespite mounting political pressure and public backlash against diversity, equity, and inclusion (DEI) initiatives in corporate America, shareholders at some of the

Meta Announces Ambitious Plan to Acquire 350,000 Nvidia H100 GPUs for AI Development by 2024

Meta Announces Ambitious Plan to Acquire 350,000 Nvidia H100 GPUs for AI Development by 2024

In a recent Instagram post, Meta CEO Mark Zuckerberg revealed the company's strategic move to heavily invest in Nvidia hardware and other artificial intelligence (AI) initiatives before the close of

Watch the Apple iPhone 15 Announcement Live Here

Watch the Apple iPhone 15 Announcement Live Here

Tech enthusiasts and mobile phone aficionados around the world have been eagerly anticipating today's momentous event—the official announcement of the Apple iPhone 15 series. The grand unveiling of the iPhone

Tesla Cuts US Prices For Fifth Time Since January

Tesla Cuts US Prices For Fifth Time Since January

Tesla cut prices in the United States between 2% and nearly 6%, its website showed on Thursday, as the company extends a discount drive on its electric vehicles that analysts

Xiaomi Unveils Electric Car SU7, Takes Aim at Tesla in Crowded EV Market

Xiaomi Unveils Electric Car SU7, Takes Aim at Tesla in Crowded EV Market

Xiaomi, the renowned Chinese smartphone brand, has officially entered the electric vehicle (EV) market with the launch of its highly anticipated electric car, the Speed Ultra 7 (SU7) sedan, during

California Leads Multi-State Lawsuit to Block $110 Billion Paramount-Warner Bros. Merger

California Leads Multi-State Lawsuit to Block $110 Billion Paramount-Warner Bros. Merger

A coalition of 12 US states, led by California, has filed a lawsuit seeking to block the proposed $110 billion (£85 billion) merger between Paramount and Warner Bros., arguing that

Conor McGregor Dropped by Proper No. Twelve Whiskey Brand Following Legal Case

Conor McGregor Dropped by Proper No. Twelve Whiskey Brand Following Legal Case

Irish whiskey brand Proper No. Twelve has ended its association with mixed martial artist Conor McGregor, following his liability ruling in a sexual assault case. Proximo Spirits, the owner and

Fashion Retailer Express Files for Bankruptcy, Closing Over 100 Stores

Fashion Retailer Express Files for Bankruptcy, Closing Over 100 Stores

Fashion retailer Express Inc. has filed for bankruptcy, citing ongoing challenges with its merchandise mix and struggling to attract customers. The company, known for its trendy clothing, submitted the filing

Nike Faces Backlash After Significant Layoffs in Sustainability Teams

Nike Faces Backlash After Significant Layoffs in Sustainability Teams

Nike has faced intense scrutiny after implementing substantial layoffs, including significant cuts to its sustainability teams, earlier this year in an effort to reduce costs. This move came ahead of

Elon Musk Puts Twitter Deal on Hold Over Fake Account Details

Elon Musk Puts Twitter Deal on Hold Over Fake Account Details

Elon Musk has said his $44bn (£35bn) deal to buy Twitter is on hold after he queried the number of fake or spam accounts on the social media platform.He said

Google Settles $5 Billion Lawsuit Over Alleged Privacy Invasion in ‘Private Mode’ Tracking

Google Settles $5 Billion Lawsuit Over Alleged Privacy Invasion in ‘Private Mode’ Tracking

In a significant legal development, Google has reached a preliminary settlement in a class-action lawsuit, agreeing to pay at least $5 billion (£3.9 billion) over allegations that it invaded the

Farmers Insurance Lays Off 2,400 Employees in Restructuring

Farmers Insurance Lays Off 2,400 Employees in Restructuring

California-based Farmers Insurance announced on Monday that it is laying off 11% of its workforce, or 2,400 employees, in a bid to restructure itself for long-term growth. The jobs being

Red Lobster Files for Bankruptcy Amid Financial Struggles

Red Lobster Files for Bankruptcy Amid Financial Struggles

Red Lobster, the iconic seafood restaurant chain known for bringing affordable shrimp and lobster to middle-class America, has filed for bankruptcy. The company, once the largest seafood restaurant chain in

Eskom Going After People with Solar Panels on Their Roofs

Eskom Going After People with Solar Panels on Their Roofs

Eskom has issued a warning to South Africans with rooftop solar panels, urging them to register their systems or risk penalties. Homeowners and businesses that fail to comply could face

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