In the US stock market trading on the morning of the 28th, the market capitalization of Berkshire Hathaway, the investment company led by the famous investor Warren Buffett (pictured), reached the $1 trillion range. Photo taken in May (2024 Reuters/Scott Morgan) 2024-08-28 14:28:00 #Berkshire #Hathaways #market #capitalization #exceeds #trillion #reflecting #confidence #Buffett
The Global Times, an official mouthpiece of the Chinese government, has condemned the recent G7 summit in Hiroshima as an “anti-China workshop.” The summit, which was attended by leaders of seven rich countries including the United States, released a joint communique on Saturday which singled out China on issues including human rights, economic coercion, Taiwan, … Read more
Geoffrey Hinton, a pioneer in the field of artificial intelligence, recently spoke to Reuters about the potential threat posed by AI to humanity. According to Hinton, AI could be a “more urgent” risk than climate change. Hinton co-authored a landmark paper on neural networks in 1986 and was awarded the Turing Award in 2018 for … Read more
Japanese startup ispace inc announced that their attempt to make the first private moon landing failed, as they lost contact with their Hakuto-R Mission 1 (M1) lander, leading them to assume that it most likely crashed on the lunar surface. This marks the second major setback for private space development in a week, following SpaceX’s … Read more
Meghan, the wife of Prince Harry, recently spoke out against the British media for their coverage of her decision not to attend the upcoming coronation of King Charles, citing reports that letters exchanged between her and the now king played a role in her decision. According to The Daily Telegraph, Meghan had written to King … Read more
Canada’s largest diversified mining company, Teck Resources, recently helped the Toronto stock market extend its winning streak with impressive second-quarter earnings. The company’s strong financial performance provided a welcome boost to the Canadian economy amid the ongoing global uncertainty caused by the pandemic. With increased demand for commodities and a solid track record of responsible … Read more
Sega, the Japanese video game company, is reportedly nearing a deal to acquire Rovio, the maker of Angry Birds, for a staggering $1 billion. According to the Wall Street Journal, the acquisition is part of Sega’s push to expand its mobile gaming business and strengthen its position in the highly competitive gaming industry. The potential … Read more
Apple has announced plans to invest another $200 million in its carbon removal initiative, a fund aimed at removing carbon dioxide from the atmosphere. This move comes as part of the company’s long-term efforts to reduce its carbon footprint and become carbon-neutral by 2030. With this investment, Apple hopes to accelerate the development of innovative … Read more
UAE telco company, Etisalat, is taking a page out of India’s playbook by launching its own super app, Breakingviews. Hoping to emulate the success of India’s Jio Platforms and its all-in-one app JioMart, Etisalat’s Breakingviews aims to offer customers a seamless experience that combines e-commerce, digital payments, and a variety of other services. As the … Read more
Bitcoin has been on a rollercoaster ride in 2021, surpassing $30,000 for the first time on January 2nd. This latest surge is partly due to investors anticipating the end of rate rises and seeing Bitcoin as a hedge against higher inflation. But with its notorious volatility, the cryptocurrency market is not for the faint of … Read more