Hackers are stealing customer and employee data and threatening to leak it publicly in a data extortion shift from ransomware attacks.Story Published at: May 07, 2023 at 03:08PM
In a new hacking crime wave, much more personal data is being held hostage
Warren Buffett says Berkshire Hathaway won’t take full control of Occidental Petroleum
Warren Buffett said Berkshire doesn’t plan on taking full control of Occidental Petroleum, an oil giant where it has amassed a stake north of 20%.Story Published at: May 06, 2023 at 08:40PM
Warren Buffett says letting Silicon Valley Bank customers go under would’ve been ‘catastrophic’
Berkshire Hathaway CEO Warren Buffett said Saturday that regulators avoided a financial disaster by making sure Silicon Valley Bank clients didn’t lose money.Story Published at: May 06, 2023 at 05:27PM
Buffett explains value investing: ‘What gives you opportunities is other people doing dumb things’
Value investing typically refers to buying underappreciated stocks or businesses and selling them at a higher value.Story Published at: May 06, 2023 at 05:02PM
Threat of TikTok ban has creators scrambling to build followings on Instagram, YouTube
As U.S. lawmakers threaten a nationwide TikTok ban, creators are worried about what that would mean for their livelihood.Story Published at: May 06, 2023 at 02:00PM
What Chile’s state-led lithium policy means for the future of the electric vehicle industry
Chile has vast lithium reserves, and the recent release of the country’s state-led national lithium policy is ushering in a new era for the industry. Story Published at: May 06, 2023 at 01:30PM
Berkshire Hathaway’s operating earnings increase 12% in the first quarter, cash hoard tops $130 billion
Berkshire Hathaway’s operating earnings jumped in the first quarter, thanks in part to a rebound in the conglomerate’s insurance business.Story Published at: May 06, 2023 at 01:45PM
Ether rallies more than 6% as meme mania tries to reenter the crypto market
A surge in popularity of crypto’s newest memecoins helped drive transactions on the Ethereum network.Story Published at: May 05, 2023 at 07:46PM
PacWest stock jumps 70% as regional banks rebound on Friday, but still down sharply for the week
Friday’s rally for stocks like PacWest and Western Alliance made a dent in the week-to-date lossesStory Published at: May 05, 2023 at 04:22PM
Apple and fintechs like Robinhood chase yield-hungry depositors as Fed rate hikes continue
The jump in interest rates coupled with the regional banking crisis has presented a big opportunity for fintechs to provide high-yield products. Story Published at: May 05, 2023 at 02:00PM