News on this topic
Buffett plans to attend, but not take questions, at next year's Berkshire shareholder meeting
apnews.com/article/warren-buffett-berkshire-question-answer-shareholder-meeting-06cac677fd2a9e36bcc70eb24bdc223b
Buffett plans to attend, but not take questions, at next year's Berkshire ...
These are the Buffett stocks that DER AKTIONÄR is betting on: Berkshire Hathaway's portfolio includes strong stocks such as American Express, BYD, Coca-Cola ...
deraktionaer.de/artikel/aktien/auf-diese-buffett-aktien-setzt-der-aktionaer-20380364.html
These are the Buffett stocks that DER AKTIONÄR is betting on
Warren Buffett, Berkshire Hathaway sell banks to buy booze: The latest Berkshire Hathaway 13 F just dropped.
charlotteobserver.com/news/business/article306678931.html
Warren Buffett, Berkshire Hathaway sell banks to buy booze
More articles on this subject
Warren Buffett says he’s handing over Berkshire Hathaway reins after realizing how much more Greg Abel could get done in a 10-hour day
fortune.com/2025/05/15/warren-buffett-greg-abel-berkshire-hathaway-ceo-succession/
Warren Buffett says he’s handing over Berkshire Hathaway reins after ...
Warren Buffett to Skip Stage at 2026 Annual Meeting, Omaha Paper Says: Warren Buffett will not take the stage at the Berkshire Hathaway 2026 annual meeting ...
bloomberg.com/news/articles/2025-05-18/buffett-to-skip-stage-at-2026-annual-meeting-omaha-paper-says
Warren Buffett to Skip Stage at 2026 Annual Meeting, Omaha Paper Says
Warren Buffett reveals: This is why he is really stepping down from Berkshire Hathaway
boerse-online.de/nachrichten/aktien/warren-buffett-verraet-darum-tritt-er-wirklich-bei-berkshire-hathaway-zurueck-20380233.html
Warren Buffett reveals: This is why he is really stepping down from ...
Why stock market legend Warren Buffett resigned: Warren Buffett's withdrawal shocked investors: Berkshire Hathaway lost 5 percent of its value.
handelszeitung.ch/panorama/warum-borsenlegende-warren-buffett-zuruckgetreten-ist-825051
Why stock market legend Warren Buffett resigned
Warren Buffett's Berkshire Hathaway sold bank stocks, built up cash in Q1: Here's what Warren Buffett's conglomerate was doing in the first quarter as the market ...
businessinsider.com/warren-buffett-berkshire-hathaway-selling-stock-cash-oxy-bac-q1-2025-5
Warren Buffett's Berkshire Hathaway sold bank stocks, built up cash in Q1
'It Was Unfair': Warren Buffett Reveals the Real Reason He Stepped Down as CEO
entrepreneur.com/business-news/warren-buffett-reveals-why-hes-retiring-as-berkshire-ceo/491714
'It Was Unfair': Warren Buffett Reveals the Real Reason He ...
‘How do you know…’ – Warren Buffett reveals why he stepped down as Berkshire Hathaway CEO
financialexpress.com/world-news/how-do-you-know-warren-buffett-reveals-why-he-stepped-down-as-berkshire-hathaway-ceo/3845491/
‘How do you know…’ – Warren Buffett reveals why he stepped down as ...
'No magic moment': Warren Buffett reveals reason for retirement: The billionaire stunned the investor world when he announced he would step down as CEO of ...
9news.com.au/world/warren-buffett-reveals-reason-for-stepping-down-from-berkshire-hathaway/5e22a980-0b0d-4b2b-bf57-a57e8ac1c24c
'No magic moment': Warren Buffett reveals reason for retirement
Warren Buffett: Secret Purchase: In the first quarter, the veteran investor built up an unknown stock position. What's behind it?
deraktionaer.de/artikel/deraktionaerplus/warren-buffett-geheimer-kauf-20380283.html
Warren Buffett: Secret Purchase
Warren Buffett tells WSJ he stepped aside as CEO after finally feeling old
cnbc.com/2025/05/14/warren-buffett-tells-wsj-he-stepped-aside-as-ceo-after-finally-feeling-old.html
Warren Buffett tells WSJ he stepped aside as CEO after finally feeling old
Warren Buffett is stepping down - | He now speaks very openly about his reasons.: In an interview with the "Wall Street Journal," the famous US investor explains ...
businessinsider.de/wirtschaft/berkshire-hathaway-warren-buffett-tritt-zurueck-sehr-offen-spricht-er-nun-ueber-seine-gruende/
Warren Buffett is stepping down - | He now speaks very openly about his ...
Warren Buffett reveals to WSJ why he’s stepping down from Berkshire Hathaway: The Berkshire Hathaway guru says he won't be spending his retirement watching soap ...
rnz.co.nz/news/world/561142/warren-buffett-reveals-to-wsj-why-he-s-stepping-down-from-berkshire-hathaway
Warren Buffett reveals to WSJ why he’s stepping down from Berkshire ...
FedEx founder and executive chairman Frederick Smith has died, CEO tells staff: FedEx Corp's founder and former CEO Frederick Smith, who started the global ...
reuters.com/business/fedex-says-founder-frederick-smith-has-died-2025-06-22/
FedEx founder and executive chairman Frederick Smith has died ...
Why Kering Picked a Fashion Outsider to Be Its Next CEO: The Gucci and Saint Laurent owner is splitting its chairman and CEO roles, bringing in Luca de Meo ...
businessoffashion.com/articles/luxury/kering-new-ceo-luca-de-meo-francois-henri-pinault/
Why Kering Picked a Fashion Outsider to Be Its Next CEO
'Melt them at the gate': Cowbells banned for Chiefs-Crusaders final: Crusaders chief executive Colin Mansbridge said the ban was due to spectator safety ...
1news.co.nz/2025/06/17/melt-them-at-the-gate-cowbells-banned-for-chiefs-crusaders-final/
'Melt them at the gate': Cowbells banned for Chiefs-Crusaders final
'No gay, no pay': The RuneScape community is absolutely mauling Jagex's new CEO over his decision to cancel new Pride Month events
pcgamer.com/games/mmo/no-gay-no-pay-the-runescape-community-is-absolutely-mauling-jagexs-new-ceo-over-his-decision-to-cancel-new-pride-month-events/
'No gay, no pay': The RuneScape community is absolutely mauling Jagex's ...
Leonard Lauder, son of Estée Lauder founders and ex-CEO, dies at age 92: Leonard Lauder, the oldest son of the founder of Estée Lauder and a longtime former CEO ...
cbsnews.com/news/leonard-lauder-dies-age-92-estee-lauder-ceo/
Leonard Lauder, son of Estée Lauder founders and ex-CEO, dies at age 92
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Leonard Lauder's Six-Decade Estee Lauder Legacy
Leonard Lauder, son of the founders, died at 92 after expanding Estee Lauder into a leading multi-brand cosmetics giant.
Key FactsJun 15 · Reading time: ~30 sec.
Summary created with AI assistance · Source: reuters.com
  • Leonard Lauder joined Estee Lauder in 1958 and significantly contributed to its expansion.

  • He was the son of company founders Estee and Joseph Lauder.

  • Lauder spearheaded the launch of prominent brands including Aramis, Clinique, and Lab Series.

  • His tenure at the company spanned more than sixty years.
Zuckerberg’s political shift didn’t shock Meta staff: ‘The whole time this was all one inch underneath’
independent.co.uk/news/world/americas/us-politics/mark-zuckerberg-meta-nickname-trump-b2774168.html
Zuckerberg’s political shift didn’t shock Meta staff: ‘The whole time this ...
Mark Zuckerberg To OpenAI Researchers: Join Me For $100 Million?: OpenAI's CEO says Mark Zuckerberg's Meta has been making 'giant offers' to try and poach the ...
uk.pcmag.com/ai/158643/mark-zuckerberg-to-openai-researchers-join-me-for-100-million
Mark Zuckerberg To OpenAI Researchers: Join Me For $100 Million?
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Meta’s $100M Bid to Lure OpenAI Talent Fails
Meta offered $100 million in signing bonuses to OpenAI staff but has yet to secure any key hires.
Key FactsJun 19 · Reading time: ~45 sec.
Summary created with AI assistance · Source: cnn.com
  • Meta made substantial signing bonus offers, reportedly up to $100 million, to attract OpenAI employees.

  • OpenAI CEO Sam Altman confirmed that none of their top talent have accepted these proposals so far.

  • Altman expressed doubts about Meta’s innovation capabilities and noted their AI efforts have underperformed.

  • Mark Zuckerberg is investing $14.3 billion in Scale AI and assembling a team focused on superintelligence.
  • They started making giant offers to a lot of people on our team.
    Sam Altman, CEO of OpenAI, discussing Meta's attempts to poach his employees on the 'Uncapped' podcast.
Kāinga Ora halts hundreds of housing developments, sells vacant land: The chief executive said its "critical step" in its reset plan would see it write down up ...
1news.co.nz/2025/06/19/kainga-ora-halts-hundreds-of-housing-developments-sells-vacant-land/
Kāinga Ora halts hundreds of housing developments, sells vacant land
CEO wages are falling and golden parachutes have collapsed: Is your pay packet struggling to keep up with inflation? Australia’s top chief executives know how ...
smh.com.au/business/companies/ceo-wages-are-falling-and-golden-parachutes-have-collapsed-20250617-p5m83b.html
CEO wages are falling and golden parachutes have collapsed
Musk shares drug test results showing ‘negative’ for ketamine: Tech billionaire Elon Musk shared drug test results on Tuesday showing that he tested negative for ...
thehill.com/policy/technology/5355054-musk-drug-tests-wall-street-journal-new-york-times/
Musk shares drug test results showing ‘negative’ for ketamine
PGA Tour's Monahan to step down in 2026 as Rolapp takes over - ESPN: The PGA Tour announced Tuesday that commissioner Jay Monahan will be stepping down at the ...
espn.com/golf/story/_/id/45530051/pga-tour-monahan-step-2026-rolapp-takes-over
PGA Tour's Monahan to step down in 2026 as Rolapp takes over - ESPN
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Leadership Shift at PGA Tour Set for 2026 Transition
Jay Monahan will step down as commissioner in 2026 after ten years, with Brian Rolapp starting as CEO later this summer.
Key FactsJun 17 · Reading time: ~45 sec.
Summary created with AI assistance · Source: espn.com
  • Jay Monahan plans to resign at the conclusion of his contract in 2026, focusing on board responsibilities until then.

  • Brian Rolapp, formerly the NFL's chief media officer, will assume daily operational control as CEO of the PGA Tour.

  • Rolapp’s background includes negotiating media deals worth over $10 billion annually during his NFL tenure.

  • The appointment is seen as a positive move to strengthen leadership and foster continued growth for the PGA Tour.
  • I'm honored to join the PGA Tour at such a pivotal time.Brian Rolapp, new CEO of the PGA Tour, about his appointment.
Jury finds MyPillow CEO Mike Lindell liable for defamation, orders him to pay $2.3M in damages
denverpost.com/2025/06/16/mike-lindell-verdict-liable-defamation-eric-coomer-dominion-voting-systems/
Jury finds MyPillow CEO Mike Lindell liable for defamation ...
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MyPillow Founder Found Guilty of Defamation
A Colorado jury awarded $2.3M to Eric Coomer after Mike Lindell falsely accused him of betraying Dominion post-2020 election.
Key FactsJun 16 · Reading time: ~45 sec.
Summary created with AI assistance · Source: apnews.com
  • A federal jury ruled that Mike Lindell defamed Eric Coomer, former security director of Dominion Voting Systems.

  • The court ordered Lindell to pay $2.3 million, significantly less than the $62.7 million sought by Coomer.

  • Lindell's statements, including calling Coomer a traitor, were deemed defamatory and unlawful by the jury.

  • Despite the verdict, Lindell plans to appeal and continues to oppose the use of electronic voting machines.
  • This is hurting democracy. This is misinformation. It’s not been vetted and it needs to stop.Charles Cain, one of Coomer’s attorneys, told jurors in closing arguments.
Premiere for Charlotte Merz: Chancellor sends an important signal: Federal Chancellor Friedrich Merz arrives at the airport in Calgary, Canada ...
morgenpost.de/politik/article409268646/friedrich-merz-charlotte-kanada-g7-gipfel.html
Premiere for Charlotte Merz: Chancellor sends an important signal
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G7 Summit Faces Deep Divisions and Declining Influence
The latest summit ended without consensus as Trump’s erratic stance deepens rifts, leaving major global conflicts unresolved in 2025.
Key FactsJun 18 · Reading time: ~45 sec.
Summary created with AI assistance · Source: channelnewsasia.com
  • The G7 originated 50 years ago as a coalition of leading industrial democracies to address economic crises like oil shocks and stagflation.

  • The recent meeting in Canada revealed stark disagreements, especially between the US under Trump and other members regarding Middle East and Ukraine conflicts.

  • Trump distanced himself from traditional G7 policies, rejecting the two-state solution and adopting unconventional approaches toward Russia and China.

  • The shared Western values that once united the G7 have eroded, casting doubt on the group’s future relevance and effectiveness.
  • Running a summit in these circumstances is 'like preparing the red carpet for Godzilla,' one Canadian official told the Financial Times.— A Canadian official made this remark to the Financial Times.
Nippon Steel CEO sees no risk to management plans from US golden share: The national security agreement gives Trump the authority to name a board member.
reuters.com/business/tariffs-boost-strategic-importance-us-steel-deal-nippon-steel-ceo-says-2025-06-19/
Nippon Steel CEO sees no risk to management plans from US golden share
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Trump Secures Control in Nippon Steel–U.S. Steel Deal
Nippon Steel's $14.9B U.S. Steel acquisition grants Trump board appointment power and veto rights via a golden share.
Key FactsJun 18 · Reading time: ~45 sec.
Summary created with AI assistance · Source: reuters.com
  • Nippon Steel completed the $14.9 billion purchase of U.S. Steel, strengthening its global industry presence.

  • A national security agreement grants the U.S. government the right to appoint one independent director and hold a golden share.

  • This golden share allows the government to veto decisions on relocating headquarters, job transfers, and capacity cuts.

  • The deal includes $11 billion in planned investments through 2028, including funding for a new steel mill in the U.S.
  • Nippon Steel is excited about opening a new chapter of U.S. Steel’s storied history.Eiji Hashimoto, Chairman and CEO of Nippon Steel, thanked Trump for his role.
New debate about contributions to the defense alliance: Slovakian head of government Fico brings NATO withdrawal into play
spiegel.de/ausland/slowakei-regierungschef-robert-fico-bringt-nato-austritt-ins-spiel-a-8024da43-0927-4d7f-b83a-872a72369984
New debate about contributions to the defense alliance: Slovakian head of ...
Pavel Durov says all his 100-plus kids will share $13.9B fortune: Telegram CEO Pavel Durov said he has 6 children with 3 partners, as well as more than 100 ...
businessinsider.com/pavel-durov-telegram-ceo-kids-sperm-donation-inheritance-will-2025-6
Pavel Durov says all his 100-plus kids will share $13.9B fortune
"Cowardly and disgusting": RuneScape veteran joins players laying into Jagex CEO for cancelling Pride events over reported fear of backlash ...
gamesradar.com/games/mmo/cowardly-and-disgusting-runescape-veteran-joins-players-laying-into-jagex-ceo-for-cancelling-pride-events-over-reported-fear-of-backlash-which-has-created-backlash/
CEO pay at UK’s top companies is 52 times that of typical worker, report finds: High Pay Centre thinktank says median pay of FTSE 350 chief executive was £2 ...
theguardian.com/business/2025/jun/16/ceo-chief-executive-pay-ftse-350-uk-companies-ratio-workers
CEO pay at UK’s top companies is 52 times that of typical worker ...
S&P 500 Study Shows Dark Personality Trait Could Be Key to CEO Success: CEOs that had Machiavellian traits were more likely to earn more, and pay management more ...
newsweek.com/ceo-dark-personality-success-machiavellian-psychology-2087839
S&P 500 Study Shows Dark Personality Trait Could Be Key to CEO Success
Nvidia CEO says the UK is in a 'Goldilocks' moment: 'I'm going to invest here': "The U.K. is in a Goldilocks circumstance," Nvidia's Jensen Huang said ...
cnbc.com/2025/06/09/nvidia-ceo-says-the-uk-is-in-a-goldilocks-moment-im-going-to-invest-here.html
Nvidia CEO says the UK is in a 'Goldilocks' moment: 'I'm going to invest ...
Trump’s FAA Nominee Lied About Having a ‘Commercial’ Pilot License: Bryan Bedford, CEO of Republic Airlines, claimed to be licensed to fly "commercial" ...
rollingstone.com/politics/politics-news/trumps-faa-nominee-lied-commercial-pilot-license-1235365087/
Trump’s FAA Nominee Lied About Having a ‘Commercial’ Pilot License
Boeing CEO responds after Air India crash: Boeing, the makers of the Air India aircraft – a 787-8 Dreamliner – that crashed shortly after take off ...
news.com.au/travel/travel-updates/incidents/boeing-ceo-responds-after-air-india-crash/news-story/169dd509a4d4f29b38f23a72676b2495
Boeing CEO responds after Air India crash
Why Qantas deserves to miss out on top 10 airlines list: Qantas could once boast it had one of the most valuable brands in the country. It has a fair way to go ...
smh.com.au/business/consumer-affairs/qantas-deserves-to-miss-out-on-being-in-top-10-list-20250618-p5m8h5.html
Why Qantas deserves to miss out on top 10 airlines list
Jon Jones, 37, retires; UFC names Tom Aspinall champion - ESPN: Jon Jones, 37, widely considered the greatest mixed martial artist of all time, has retired ...
espn.com/mma/story/_/id/45558671/jon-jones-retires-competition-ufc-ceo-dana-white-says
Jon Jones, 37, retires; UFC names Tom Aspinall champion - ESPN
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Jon Jones Retires, Aspinall Crowned UFC Heavyweight Champ
Jon Jones retires at 38 with a 28-1 record; Tom Aspinall now the undisputed UFC heavyweight champion as of June 2025.
Key FactsJun 22 · Reading time: ~45 sec.
Summary created with AI assistance · Source: theguardian.com
  • Jon Jones officially announced his retirement, confirmed by UFC president Dana White.

  • Interim heavyweight champion Tom Aspinall was promoted to undisputed champion following Jones’s departure.

  • Jones compiled a 28-1 record across light heavyweight and heavyweight divisions during his career.

  • Aspinall committed to keeping the heavyweight division active and competitive after his promotion.
  • Jon Jones called us last night and retired.
    Dana White announces Jon Jones' retirement during a news conference in Azerbaijan.
OpinionWarren Buffett's Berkshire Hathaway expects housing market price changes soon: The billionaire's real estate firm expects housing market fluctuations to play a ...
thestreet.com/real-estate/warren-buffetts-berkshire-hathaway-expects-housing-market-price-changes-soon
Warren Buffett's Berkshire Hathaway expects housing market price changes ...
‘Went too far’: Days after a war of words, Musk says he ‘regrets some posts about President Trump’
indianexpress.com/article/world/war-words-elon-musk-united-states-president-donald-trump-10060230/
‘Went too far’: Days after a war of words, Musk says he ‘regrets some ...
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Musk Expresses Regret Over Trump Criticism
Within days, Musk's softened tone sparked cautious reconciliation after a $150bn market loss for Tesla amid their feud.
Key FactsJun 12 · Reading time: ~45 sec.
Summary created with AI assistance · Source: smh.com.au
  • Elon Musk expressed regret for some of his recent posts about Donald Trump, admitting they were excessive.

  • Trump responded positively to Musk’s apology, describing it as a 'very nice' gesture.

  • Following a phone call, both men began easing tensions, and Musk deleted several critical posts.

  • Experts believe Musk aims to mend the relationship to safeguard his businesses and lucrative government contracts.
  • I regret some of my posts about President Donald Trump last week. They went too far.
    Elon Musk expresses regret over his critical comments about Trump in a post on his platform X.
Selenskyj: Russia has more far-reaching plans for conquest: Ukrainian President Volodymyr Selenskyj has accused Russia of pursuing more far-reaching plans for ...
sn.at/politik/weltpolitik/selenskyj-russland-eroberungsplaene-179822539
Selenskyj: Russia has more far-reaching plans for conquest
G7 countries surprisingly agree on statement on Iran and Israel: The heads of state and government of the G7 countries have issued a statement calling for ...
tagesschau.de/eilmeldung/g7-einigung-iran-israel-100.html
G7 countries surprisingly agree on statement on Iran and Israel
After more than 90 years: Giessen shoe store “Darré” closes: “Darré” has been part of Giessen for more than 90 years. Generations have grown up with Lurchi ...
giessener-allgemeine.de/giessen/keine-perspektive-giessener-schuhhaus-darre-schliesst-93779992.html
After more than 90 years: Giessen shoe store “Darré” closes
BT CEO warns greater job cuts could be coming - and it's all AI's fault: BT could cut tens of thousands of jobs
techradar.com/pro/bt-ceo-warns-increasing-ai-could-lead-to-greater-job-cuts
BT CEO warns greater job cuts could be coming - and it's all AI's fault
Scale AI's Alexandr Wang confirms departure for Meta as part of $14.3 billion deal
cnbc.com/2025/06/12/scale-ai-founder-wang-announces-exit-for-meta-part-of-14-billion-deal.html
Scale AI's Alexandr Wang confirms departure for Meta as part of $14 ...
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Meta Acquires Stake in Scale AI, Secures CEO for AI Lead
Meta invests $14.3B for a 49% stake in Scale AI, bringing CEO Alexandr Wang to lead its superintelligence efforts.
Key FactsJun 13 · Reading time: ~30 sec.
Summary created with AI assistance · Source: reuters.com
  • Meta’s $14.3 billion investment values Scale AI at $29 billion and grants it a significant ownership share.

  • Alexandr Wang will spearhead Meta’s superintelligence division while maintaining a board position at Scale AI.

  • Several Scale employees will join Wang at Meta, signaling a strategic talent shift in AI development.

  • This deal ranks as Meta’s second-largest investment, following its $19 billion WhatsApp acquisition.
Berkshire Hathaway: Is the Buffett magic finally over?: Buffett's withdrawal puts Berkshire under pressure. Is this really the end of the Buffett magic?
deraktionaer.de/artikel/aktien/berkshire-hathaway-ist-der-buffett-zauber-endgueltig-vorbei-20382038.html
Berkshire Hathaway: Is the Buffett magic finally over?
Careem announces end of ride-hailing service in Pakistan from next month: CEO says Careem’s journey in country will continue "in a different role".
dawn.com/news/1917884
Careem announces end of ride-hailing service in Pakistan from next month
‘I asked him to leave’: Trump says Musk was ‘wearing thin’, calls him ‘CRAZY’: The US President also threatened to terminate the Tesla CEO’s government subsidies ...
wionews.com/world/-i-asked-him-to-leave-trump-says-musk-was-wearing-thin-calls-him-crazy-1749152872537
‘I asked him to leave’: Trump says Musk was ‘wearing thin’ ...
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Trump vs. Musk: 2025’s Internet Showdown
Their public feud erupted within days, featuring serious allegations and impacting Tesla’s stock and political alliances.
Key FactsJun 06 · Reading time: ~45 sec.
Summary created with AI assistance · Source: theatlantic.com
  • Elon Musk and Donald Trump publicly ended their alliance with mutual attacks centered on a significant budget bill.

  • Musk’s strong opposition to the legislation escalated into personal accusations, including claims linking Trump to the Epstein files.

  • The conflict intensified political tensions and caused Tesla’s stock to plummet, hinting at potential financial repercussions.

  • This feud highlights how both use social media to capture attention, overshadowing critical societal debates.
  • Without me, Trump would have lost the election.
    Elon Musk argued about his significance in Trump's election campaign during their feud.
New Buffett-Inspired ETF Holds Berkshire and Apple. It Aims for 15% Yield.: The ETF, which finished Wednesday at $19.15, is one of many that use the sale ...
trib.al/Finen2U
New Buffett-Inspired ETF Holds Berkshire and Apple. It Aims for 15% Yield.
Mark Zuckerberg is reportedly recruiting a team to build a ‘superintelligence’: Meta CEO Mark Zuckerberg is personally assembling a team to achieve a ...
cnn.com/2025/06/10/tech/mark-zuckerberg-meta-superintelligence
Mark Zuckerberg is reportedly recruiting a team to build a ...
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Meta’s Billion-Dollar Race to Build Superintelligence
Meta invests $10 billion and recruits 50 experts aiming to create AI surpassing human intellect within a competitive tech race.
Key FactsJun 12 · Reading time: ~45 sec.
Summary created with AI assistance · Source: gulfnews.com
  • Meta, led by Mark Zuckerberg, is assembling a 50-person team to develop superintelligent AI.

  • Salaries offered range from seven to nine figures, potentially reaching $100 million per individual.

  • A $10 billion investment in Scale AI includes onboarding its founder, Alexandr Wang, to Meta’s superintelligence project.

  • The initiative targets creating artificial general intelligence that outperforms humans and secures Meta’s leadership in AI innovation.
  • The AI talent wars are absolutely ridiculous.
    — Venture capitalist Deedy Das comments on the competition for AI talent and the high salaries being offered.
Rolls-Royce says 'even more true' it wants to enter narrow-body market: Rolls-Royce CEO Tufan Erginbilgic said on Tuesday it was "even more true" that the ...
reuters.com/business/aerospace-defense/rolls-royce-says-even-more-true-it-wants-enter-narrowbody-market-2025-06-17/
Rolls-Royce says 'even more true' it wants to enter narrow-body market
Disney Boss Who Bowed Down to Trump Now Risks His Ire: Company CEO Bob Iger has reportedly given the go ahead for a new anti-ICE campaign behind the scenes.
thedailybeast.com/disney-boss-who-bowed-to-trump-has-new-act-of-resistance/
Disney Boss Who Bowed Down to Trump Now Risks His Ire
UK's Berkeley proposes Perrins as chair to lead growth strategy​: British homebuilder Berkeley on Friday proposed the appointment of CEO Rob Perrins as executive ...
reuters.com/sustainability/boards-policy-regulation/uks-berkeley-names-richard-stern-new-ceo-2025-06-20/
UK's Berkeley proposes Perrins as chair to lead growth strategy​
CEOs back 'Trump Accounts' investment plan that would give babies $1,000: "Trump accounts" would be government-funded savings for newborns. Michael Dell and ...
businessinsider.com/trump-accounts-for-babies-newborns-michael-dell-ceos-invest-2025-6
CEOs back 'Trump Accounts' investment plan that would give babies $1,000
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Trump Unveils Investment Accounts for Newborns
Every US newborn will receive a $1,000 account, with private firms pledging billions in contributions at a White House event.
Key FactsJun 09 · Reading time: ~45 sec.
Summary created with AI assistance · Source: cnn.com
  • The Trump administration launched a pilot program granting $1,000 investment accounts to all newborn US citizens.

  • Legal guardians will manage these accounts, which can receive up to $5,000 additional yearly contributions.

  • Executives from major companies like Dell and Goldman Sachs pledged billions in investments during a White House roundtable.

  • This initiative aims to build financial security for education, homeownership, and family formation within a broader policy bill.
  • The creation of investment accounts for every child will compound into substantial nest eggs providing support for education, home ownership, and starting families.
    Micheal Dell, CEO of Dell Technologies, discusses the benefits of the new 'Trump Accounts' for children.
Migration: basis for asylum turnaround - praise from the CDU for Faeser's border policy
handelsblatt.com/politik/deutschland/migration-basis-fuer-asylwende-lob-aus-der-cdu-fuer-faesers-grenzpolitik/100135451.html
Migration: basis for asylum turnaround - praise from the CDU for Faeser's ...
The public officials who earn up to R42,400 per day: CEOs of some of South Africa’s state-owned companies can earn up to R15.5 million a year ...
businesstech.co.za/news/government/828001/the-public-officials-who-earn-up-to-r42400-per-day/
The public officials who earn up to R42,400 per day
SHA CEO issues deployment letters to former NHIF employees despite court order: At least 215 deployment letters have already been dispatched, with an additional ...
standardmedia.co.ke/national/article/2001522074/sha-ceo-accused-of-court-contempt-as-she-deploys-former-nhif-staff
SHA CEO issues deployment letters to former NHIF employees despite court ...
The 30,000- Pound U.S. Bomb That Could Destroy Iran’s Nuclear Bunkers: The Massive Ordnance Penetrator, a precision guided bunker-busting bomb designed to be ...
wsj.com/video/series/equipped/the-30000-pound-us-bomb-that-could-destroy-irans-nuclear-bunkers/EF157A86-5F73-4C84-88B4-5B51F7BF4A14
The 30,000- Pound U.S. Bomb That Could Destroy Iran’s Nuclear Bunkers
Musk slams influential Trump adviser: ‘He’s a snake’: Tesla CEO Elon Musk swiped at a senior White House official late Wednesday following reports of a rift ...
thehill.com/homenews/administration/5359448-elon-musk-sergio-gor-snake/
Musk slams influential Trump adviser: ‘He’s a snake’
Amazon CEO says AI will reduce its corporate workforce in next few years: Amazon CEO Andy Jassy anticipates generative artificial intelligence will reduce its ...
apnews.com/article/amazon-jassy-ai-alexa-workforce-7eea6387e97b84f1f239af2538de5ee9
Amazon CEO says AI will reduce its corporate workforce in next few years
Preview image from techcrunch.com
Photo: techcrunch.com · view article
Amazon Plans Job Cuts Amid AI Integration
Amazon anticipates reduced corporate roles as AI adoption grows, with workforce impacts still difficult to quantify.
Key FactsJun 19 · Reading time: ~45 sec.
Summary created with AI assistance · Source: techcrunch.com
  • Amazon CEO Andy Jassy predicts generative AI will significantly alter the company’s workforce structure.

  • The rollout of AI agents is expected to decrease the need for employees in certain corporate roles.

  • Jassy noted that new types of jobs may emerge alongside these reductions.

  • The scale of job cuts remains uncertain and challenging to estimate at this stage.
  • We will need fewer people doing some of the jobs that are being done today, and more people doing other types of jobs.
    Andy Jassy, CEO of Amazon, in a memo regarding the impact of AI on the workforce.
The Hemi V-8 Is Back: ‘We Screwed Up,' Says Ram CEO: The 5.7-liter V-8 Hemi is back in the Ram 1500 pickup truck for the 2026 model year ...
motor1.com/news/761717/2026-ram-1500-v8-hemi-returns/
The Hemi V-8 Is Back: ‘We Screwed Up,' Says Ram CEO
Americans haven't cooked this much at home since 2020: Campbell's CEO
thehill.com/business/5333993-americans-cooking-at-home-campbells-ceo/
Americans haven't cooked this much at home since 2020: Campbell's CEO
Poland: Prime Minister Tusk wins vote of confidence: Prime Minister Donald Tusk is allowed to continue governing in Poland: He received the necessary votes in ...
zdfheute.de/politik/ausland/polen-regierung-donald-tusk-vertrauensfrage-100.html
Poland: Prime Minister Tusk wins vote of confidence
Serie A chief blames illegal streaming for Italy's decline - ESPN: Serie A CEO Luigi De Siervo has pointed to illegal streaming and the resulting lack of TV ...
espn.co.uk/football/story/_/id/45538531/serie-chief-blames-illegal-streaming-italy-decline
Serie A chief blames illegal streaming for Italy's decline - ESPN
Duolingo CEO on going AI-first: ‘I did not expect the blowback’: Luis von Ahn says criticism over strategy change shows ‘anxiety’ about technology replacing jobs
ft.com/content/6fbafbb6-bafe-484c-9af9-f0ffb589b447
Duolingo CEO on going AI-first: ‘I did not expect the blowback’
AirAsia owner seeks jets for growth but restructuring first priority, CEO says: Airline entrepreneur Tony Fernandes, CEO of AirAsia owner Capital A Group ...
reuters.com/business/aerospace-defense/airasia-owner-capital-seeks-a321xlr-regional-jets-post-restructuring-ceo-says-2025-06-18/
AirAsia owner seeks jets for growth but restructuring first priority ...
Lufthansa braces for dip in demand for flights to US in third quarter: Germany's Lufthansa is bracing for weaker demand in the third quarter for flights to the ...
reuters.com/business/lufthansa-braces-dip-demand-flights-us-third-quarter-2025-06-13/
Lufthansa braces for dip in demand for flights to US in third quarter
Energy majors lock onto Southeast Asia in race for more gas for AI power demand: Energy majors are pouring money into gas exploration and production in Malaysia ...
reuters.com/business/energy/energy-majors-lock-onto-southeast-asia-race-more-gas-ai-power-demand-2025-06-18/
Energy majors lock onto Southeast Asia in race for more gas for AI power ...
Jamie Dimon: The economy could ‘deteriorate’ soon: JPMorgan Chase CEO Jamie Dimon warned on Tuesday that encouraging economic data could soon turn worrisome as ...
cnn.com/2025/06/11/economy/jamie-dimon-us-economy-tariffs
Jamie Dimon: The economy could ‘deteriorate’ soon
Preview image from foxbusiness.com
Photo: foxbusiness.com · view article
Dimon Signals Possible Upcoming Economic Downturn
JPMorgan’s CEO predicts modest job losses and slightly higher inflation within the near future amid uncertain conditions.
Key FactsJun 11 · Reading time: ~45 sec.
Summary created with AI assistance · Source: foxbusiness.com
  • Jamie Dimon warned that U.S. economic conditions may soon worsen, threatening a smooth transition to slower growth.

  • He noted that consumers and businesses typically fail to identify turning points in the economy.

  • Dimon expects a slight decline in employment and a minor rise in inflation, partly due to decreased immigration.

  • Concerns were raised about private credit markets becoming less appealing as banks face distinct risks compared to investors.
  • I think there’s a chance real numbers will deteriorate soon.Jamie Dimon, CEO of JPMorgan Chase, at a Morgan Stanley conference.
Telegram CEO says he’ll leave multibillion-dollar fortune to his 106 kids: Telegram messaging app founder Pavel Durov says he’ll divide his multibillion-dollar ...
trib.al/fMQnERK
Telegram CEO says he’ll leave multibillion-dollar fortune to his 106 kids
UniCredit likely to drop Banco BPM offer, says Orcel: UniCredit CEO Andrea Orcel told an Italian daily on Friday the bank was likely to withdraw its offer for ...
reuters.com/business/finance/unicredit-ceo-says-likely-withdraw-offer-banco-bpm-2025-06-20/
UniCredit likely to drop Banco BPM offer, says Orcel
Boston Consulting Group CEO apologizes for work on U.N. aid mission in Gaza
washingtonpost.com/national-security/2025/06/06/gaza-aid-ghf-bcg-israel/
Boston Consulting Group CEO apologizes for work on U.N. aid mission in ...
Huawei 'has got China covered' if the U.S. doesn't participate, Nvidia CEO tells CNBC
cnbc.com/2025/06/12/nvidia-ceo-if-us-wont-participate-in-china-huawei-has-china-covered.html
Huawei 'has got China covered' if the U.S. doesn't participate ...
Robot maker said the Ukraine war led it to make big changes: The CEO of Milrem Robotics said companies must learn from Ukraine's fight against Russia ...
businessinsider.com/ground-robot-maker-milrem-use-ukraine-led-changes-product-2025-6
Robot maker said the Ukraine war led it to make big changes
Luigi Mangione’s defense claims ‘bias’ after diary entries reveal possible motive for killing of United Healthcare CEO
independent.co.uk/news/world/americas/crime/luigi-mangione-diary-united-healthcare-ceo-b2774261.html
Luigi Mangione’s defense claims ‘bias’ after diary entries reveal possible ...
Ministers set out plans to spend £725bn on UK infrastructure over 10 years: Government strategy includes spending £9bn a year on fixing schools, hospitals ...
theguardian.com/business/2025/jun/19/ministers-set-out-plans-to-spend-725bn-on-uk-infrastructure-over-10-years
Ministers set out plans to spend £725bn on UK infrastructure over 10 years
Dropbox CEO slams return-to-office mandates, compares them to outdated malls and theaters
techspot.com/news/108227-dropbox-ceo-slams-return-office-mandates-compares-them.html
Dropbox CEO slams return-to-office mandates, compares them to outdated ...
TikTok will go dark June 19 unless Trump gives it another lifeline: TikTok will go offline on June 19 unless it can find a buyer or President Trump extends its ...
finance.yahoo.com/news/tiktok-will-go-dark-june-19-unless-trump-gives-it-another-lifeline-201509054.html
TikTok will go dark June 19 unless Trump gives it another lifeline
Boeing CEO cancels airshow visit as investigation starts on India crash: This was to be Boeing CEO Ortberg’s first airshow since he was appointed to lead the ...
aljazeera.com/economy/2025/6/13/boeing-ceo-cancels-airshow-visit-as-investigation-starts-on-india-crash
Boeing CEO cancels airshow visit as investigation starts on India crash