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Berkshire Hathaway Reveals $7 Billion Investment to Swiss Insurer Chubb

Berkshire Hathaway Reveals $7 Billion Investment to Swiss Insurer Chubb

Warren Buffet’s company Berkshire Hathaway divulged that it has recently made a $7 billion investment in Swiss insurer Chubb.


MIT-Educated Brothers Accused of Stealing $25 Million Ethereum Cryptocurrency That Took Only 12 Seconds

Two MIT-educated brothers were arrested on Wednesday for allegedly executing a sophisticated scheme that exploited the Ethereum blockchain, allowing them to steal $25 million in cryptocurrency within 12 seconds.

Volaris Fined $300,000 by US Transportation Department Over Tarmac Delays

Volaris has been fined $300,000 by the US Transportation Department for leaving international flight passengers stranded on tarmacs for four hours or more.

China's Nio Unveils First Car of New Brand 'Onvo' That'll Be About $4,000 Cheaper Than Tesla's Best-Selling Model Y

China's EV maker Nio has introduced the first vehicle from its new budget brand, Onvo, to compete with Tesla's best-selling Model Y car.


Latest News

netflix
Netflix reports 40 million monthly users of its ad-supported service, with the ads chief stating that the firm is creating its own platform for ad solutions.
Dollar Slides to Multi-Month Lows as Slower US Inflation Increases Rate Cut Expectations
The US dollar tumbled to multi-month lows on Thursday following a slowdown in US core inflation, which was its slowest pace in three years.
Visa to Change Credit, Debit Card Operations in US
Visa has implemented sweeping changes on how its credit and debit cards are used in the United States through the introduction of a single physical card that could be connected to multiple bank accounts.
Investment Banker at Bank of America Dies from Blood Clot, Cited 100-Hour Weeks as Reason for Wanting to Leave
A Bank of America investment banker, previously a Green Beret, died from a blood clot after planning to leave his 100-hour-per-week job.
Barge Hits Bridge in Galveston, Texas Causing Partial Collapse, Oil Spill
A barge collided with a causeway in Galveston, Texas, breaking a portion of the bridge and spilling oil into the water but resulting in no casualties.
Jeff Bezos Reveals the Secret to Amazon’s Success, Expresses Concern Over Lack of AI Competency
Despite being proud of the company's success, Jeff Bezos now voices his concerns about Amazon’s need to enhance its AI capabilities to stay competitive.
Revnue
The complexities surrounding contract management, asset tracking, and service optimization have created significant hurdles for enterprises worldwide. Enter Revnue, an innovative solution spearheaded by industry veterans Sunny Sharma, John Cortez, and Sean Stanton. With a collective wealth of experience accumulated over decades in various technology leadership roles, they have embarked on a transformative mission to redefine the landscape of contract management and operational efficiency.
New York State’s EBT System to Undergo 11-Hour Outage Due to Maintenance, Upgrade on May 19
The New York Office of Temporary and Disability Assistance has advised Electronic Benefits Transfer cardholders to make adjustments as the EBT system would be down for 11 hours on May 19.
Paramount, Amazon Initiate Talks on Expanding Media Partnership
Paramount has been reported to be talking with Amazon to expand its media partnership, including the bundled sales of channels and advertising measures.
CHINA-ECONOMY-PROPERTY-EVERGRANDE
China mulls purchasing surplus homes amid real estate crisis. The proposed plan involves state-owned enterprises acquiring distressed properties