Buffett Builds $10 Billion Stake In Ibm

(Reuters) - Berkshire Hathaway accumulated a 5.5 percent stake in IBM, Warren Buffett said on Monday, his biggest bet on the technology field that he has historically shunned.

Sections:  news   business   
  • Microsoft Develops Set-Top Box
    Microsoft has been developing designs for a simple set-top device for streaming video and other entertainment options. More
  • Amazon may be working on a smartphone with hologram-like 3D
    Amazon is reportedly developing a smartphone that sports a 3D screen that relies on retina-tracking technology to make images seem to float above the screen like a hologram. With the smartphone, users would be able to navigate through content by using their eyes alone, according to two unnamed people who discussed the phone with the Wall Street Journal. More
  • YouTube launches pay channels with campy flicks
    Roger Corman's campy B movies, children's shows like "Sesame Street" and "Inspector Gadget," and inspirational monologues by celebrities — these are among the 30 channels that will require a paid monthly subscription on YouTube coming soon. More
  • FCC moving forward on speedier in-flight Internet service
    U.S. federal telecommunications regulators are pushing ahead with efforts to bring faster Internet service to commercial and private airline flights. The Federal Communications Commission on Thursday started deliberations on a proposal that would offer a new type of in-flight broadband service promising U.S. More
  • iOS 11 release date and features: iOS 11 doesn't switch off Wi-Fi and Bluetooth
    With the 12 September launch of the iPhone 10 (X), we asked analysts whether iOS 11's enterprise features will be enough to make the device a success in the enterprise, given Apple's $25 billion stake in deploying ... updates to the builds, in case ...
    09/21/2017 - 7:04 pm | View Link
  • Celgene's (CELG) Management Presents at Bank of America Merrill Lynch Global Healthcare Conference (Transcript)
    The key point of this is that this chart was one that we used really this year that seems to give you a sense that look, as we go from today to 2020 where we’ve given guidance to have our revenue above $21 billion ... this really builds is a platform ...
    09/14/2017 - 4:10 am | View Link
  • In the Papers
    In essence, you are buying a stake in the same assets but paying 16% less if you ... pound deal to leave the disgraced City PR firm last year. U.K.’s £1 billion TV and film sales industry under threat from new regulations: The U.K.’s £1 billion ...
    09/13/2017 - 8:23 pm | View Link
  • Trump blocks China-backed bid for Lattice over security risk
    The government is also examining an agreement by Chinese conglomerate HNA Group Co. to buy a stake in SkyBridge Capital LLC ... Shares of Genworth Financial Inc., which has a $2.7 billion sale to China Oceanwide Holdings Group Co. pending U.S. approval ...
    09/13/2017 - 2:48 am | View Link
  • The 51 best public-relations people in the tech industry in 2017
    In 2017, she put a stake in the ground to represent bitcoin and blockchain ... "Neil is a seasoned vet in the game industry who builds relationships with reporters based on trust. He's ridiculously responsive, friendly, and knowledgeable," said one journalist.
    09/11/2017 - 4:19 am | View Link
  • More
  • Buffett FAQ
    Buffett's teachings compiled in one place for the first time
    09/22/2017 - 11:56 pm | View Website
  • Wires
    15 Mins Ago. FRANKFURT- ECB President Mario Draghi gives welcome remarks at the 2nd ESRB annual conference in Frankfurt- 1315 GMT. STOCKHOLM- Swedish Central Bank ...
    09/22/2017 - 3:32 am | View Website
  • Business News, Personal Finance and Money News
    Find the latest business news on Wall Street, jobs and the economy, the housing market, personal finance and money investments and much more on ABC News
    09/21/2017 - 10:53 pm | View Website
  • 29 Warren Buffett Quotes on Investing, Life & Success ...
    Take some advice from Warren Buffett. Here are 29 quotes from the man worth over $76 billion on investing, life, and business success.
    09/7/2017 - 6:56 am | View Website
  • Warren Buffett purchases 700 million shares of Bank of ...
    Warren Buffett has parlayed his $5 billion invested in Bank of America in 2011 into a paper gain of more than $11 billion.
    08/29/2017 - 2:31 pm | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News