berkshire hathaway

The National Association of Realtors announced Friday that it had reached a legal settlement that upends the traditional model of sellers paying for the buyer’s agent in a home purchase. The agreement has the potential to save home sellers billions of dollars every year, but could also complicate purchases for buyers. The NAR, the largest trade group representing residential real estate agents, agreed to pay $418 million over four years to settle claims that the group and its members engaged in uncompetitive practices…

Photo: kovop / Shutterstock.com (Shutterstock)2023 was a bad year for Elon Musk. Even before his antisemitic tirade, the billionaire’s mounting failures at X/Twitter took Musk from media darling to a near-laughing stock. His bid to take SpaceX pubic is faltering after its satellite internet business Starlink brought in just $1.4 billion of the $12 billion Musk projected. Now it seems Tesla is falling behind. According to Bloomberg, a Chinese automaker called BYD Co. is about to pass Tesla as the world’s most popular…

Listen to article(2 minutes)Looking to get promoted quickly or avoid being underpaid? Then find companies where managers rise through the ranks, where promotions come with bigger pay bumps, or where employees stick around and build careers.That information has been hard for employees to find. A new ranking of Fortune 500 companies seeks to help job-hunters avoid dead-end jobs. The 2023 American Opportunity Index rates companies by how well they help employees, especially those without college degrees, move into better,…

Charlie Munger, the billionaire investor and the vice chairman of Berkshire Hathaway, has passed away at the age of 99. He would have turned 100 on the new year's day. Munger was highly regarded for his brilliant wit and analysis and was the man behind building up the Warren Buffett-led investment firm to its present gargantuan status. His insights and vision in the technology sector led to the company making pin-pointed investments that paid large dividends. Even though Berkshire came very late to the Apple party, one…

Berkshire Hathaway exited Paytm-parent firm One97 Communications Friday at a loss of about 40% on the high-profile investment it made more than five years ago. The Warren Buffett firm invested about $260 million in Paytm in 2018, acquiring a 3% stake in the financial services startup at a valuation of about $10 billion. The investment giant — which sold a stake worth $36 million in Paytm in 2021, at a profit — sold its remainder position on Friday for $121.6 million, according to disclosure by…

Warren Buffet's Berkshire Hathway sold its entire stake in Fintech major Paytm through the open market for about Rs 1,370 crore. The transaction was done at Rs 877.2 apiece.Berkshire Hathaway's unit BH International Holdings sold about 1.56 crore shares in the digital payments company. As of September end, BH International Holdings held a 2.46% stake in Paytm.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteNorthwestern UniversityKellogg Post Graduate Certificate in Product…

The Apple Store is located in the World Trade Center Oculus in Lower Manhattan. Image: Chip Somodevilla (Getty Images)After a union drive at an Apple Store in the World Trade Center failed, a National Labor Relations Board judge ordered the tech corporation to leave its employees alone after Apple illegallyinterrogated some of the unionizing workers. NLRB attorneys allegeApple's Vision Pro Seems Powerful, But Who Is It For? | Future TechIn a decision made yesterday, the judge wrote that Apple must cease and desist…

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Image: hanoniki, Sundry Photography, Kristi Blokhin (Shutterstock)As the artificial intelligence wave continues to pick up steam, there are plenty of organizations looking to cash in—while others are being more careful. While chatbots like ChatGPT can be a miracle assistant for some, companies that hold proprietary code or sensitive customer information need to be more careful. When a user inputs data into a large language model like ChatGPT, that data can get sent back to the model so it can improve itself. While OpenAI…

Image: hanohiki (Shutterstock)Apple has warned employees to steer clear of OpenAI’s viral chatbot ChatGPT as the company worries that the AI could leak confidential company information while its engineers are rushing to develop an in-house large language model.Is This the End of Apple’s Lightning Cable?The news comes from The Wall Street Journal, which obtained internal documents from Apple. While the document forbids employees from using ChatGPT, it also prohibitsthem from using the Microsoft-owned GitHub Copilot, an AI…