Warren Buffett Steps Down as Berkshire Hathaway Chairman
The legendary investor, whose son Howard succeeds him as chairman, will remain on the board and become chairman emeritus.
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Disney Beefs Up Tech Ambitions With Newly Created CTO Role
Karandeep Anand, head of Character.AI, will report directly to Disney CEO Josh D'Amaro, who has made tech a focus.
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Russia Seizes Control of Nestle's Local Operations
Russia also placed the local businesses of French retailers Auchan and Leroy Merlin under temporary external administration, according to a presidential decree.
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Volkswagen Slashes Guidance as Woes Pile Up
The group now targets an operating return on sales of up to 1% due to a challenging market conditions, the impairment of the Porsche goodwill and additional restructuring expenses.
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Uber Ordered to Pay $40 Million in Wrongful Death Lawsuit
Uber has been ordered to pay $40 million to the parents of a woman who was hit and killed by another car on the freeway, after her Uber driver allegedly pulled over and ordered her and her friend to get out of the vehicle.
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Hackers Used Anthropic's Claude to Break Into OpenAI
A bug-hunting independent security research team was able to access OpenAI's internal code system, exposing growing risks in automated cyber threats.
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Joby Says it Completed First Fully Autonomous Flight Across the U.S.
Joby Aviation said an aircraft equipped with its technology has completed the first fully autonomous flight across the U.S.
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Net-a-Porter's CEO Can't Get Enough of Customers Complaining
Heather Kaminetsky is driving the luxury retailer's comeback by repairing relationships with top shoppers-one email and dinner at a time.
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AI Startup Manus Seeks to Raise $500 Million and Weighs Hong Kong IPO
EXCLUSIVE: The company is seeking to raise capital in a funding round that could value it at around $4 billion, according to sources.
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Meta's AI Agent Has a Trust Problem
The company's Muse AI agent needs user data to be useful, but users might be wary.
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Ant International-Backed Fintech Unicorn Gets Nod for Philippines's Largest-Ever IPO
Mynt is entering the IPO market amid heightened uncertainty in global markets.
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Sandoz Gets Canada Approval for Generic Version of Ozempic
The approval for its generic version of Novo Nordisk's blockbuster drug advances its efforts to build a portfolio of GLP-1 medicines.
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AI Startup Angle Health Lands $600 Million for $2.7 Billion Valuation
Founded by two ex-Palantir engineers, the startup aims to bring AI-platform power to small-business healthcare benefits.