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10 things in tech you need to know today

Good morning! This is the tech news you need to know this Wednesday. Twitter CEO Jack Dorsey and President Trump met behind closed doors on Tuesday to discuss social media ahead of the 2020 election. The meeting was held to discuss "the world of social media in general," Trump said in a Twitter post. Trump tweeted on the same day that Twitter is "very discriminatory," and said the social media company removes his followers. Trump has previously accused social media companies of anti-conservati...
Tags: Apple, Twitter, Elon Musk, Cook, Softbank, Trends, Tesla, Fbi, Tim Cook, Nintendo, Warren Buffett, Jack Dorsey, Costco, Justice Department, Alexa, Joe


A bitcoin bet gone wrong reportedly cost SoftBank founder Masayoshi Son $130 million after he failed to heed Warren Buffett's advice

SoftBank's founder, Masayoshi Son, might have saved $130 million if he paid attention to Warren Buffett. The famed tech investor lost that amount on a bitcoin bet gone wrong, according to a report from The Wall Street Journal. Watch bitcoin trade live. "Be fearful when others are greedy and greedy only when others are fearful," said the legendary investor Warren Buffett in 2004. In other words, buy low and sell high — and don't follow the herd. If SoftBank CEO Masayoshi Son had listened t...
Tags: Softbank, Trends, Fbi, Alibaba, Berkshire Hathaway, Warren Buffett, Son, Wall Street Journal, Journal, Buffett, Trump, Masayoshi Son, Sarah Sanders, Wall Street Journal Son


Private Brand Surges by 40%+

Private brands continue to demonstrate that they are a powerful weapon for mass merchandisers, club stores and dollar retailers as they compete against both Amazon and other brick and mortar retailers. An analysis from PLMA of the latest Nielsen data reveals that private label dollar volume in the mass retail channel surged +41% over the last five years, compared to a gain of only +7.4% for national brands. The growth lead is even more pronounced when it comes to units. The same Nielsen data sho...
Tags: Amazon, Featured, Warren Buffett, Nielsen, Grocery, Costco, Cnbc, Branding, Kirkland, PLMA, Kraft Heinz In


Banks Not Shooting Straight With Truth In Lending To Firearms Companies

Opinion by Larry Keane Editor’s Note: This column was published in The Federalist, Thursday, April 17, 2019, and is reprinted here with permission. Recently we reported on problems with Chase Bank now here we are again with Citigroup. Banks Not Shooting Straight With Truth In Lending To Firearms Companies USA – -(AmmoLand.com)- Citigroup’s getting asked some hard questions about fiscal sanity of their decision to discriminate against firearms businesses and their answers aren’t likely to so...
Tags: Texas, Guns, America, Fbi, Hillary Clinton, Citigroup, Berkshire Hathaway, Omaha, Warren Buffett, Louisiana, Michael Bloomberg, Warren Buffet, Cnbc, Buffett, Citi, Chase Bank


A Tesla Model X SUV reportedly caught fire while being towed to a shop, despite a company employee saying it wouldn't (TSLA)

A Tesla Model X SUV burned for four hours after being towed to a Pittsburgh repair shop on Wednesday.  Doug Smeltz, of Smeltz Auto Service, says a Tesla employee disconnected the car's battery and said it would not ignite.  The car previously caught fire in a garage in February. On Wednesday, it ignited again after being towed to Smeltz Auto Service in Monroeville. Visit BusinessInsider.com for more stories. One Tesla owner in Pittsburgh has had bad luck with Tesla's Model X SUV. After brie...
Tags: Elon Musk, Los Angeles, Trends, Tesla, TSLA, Warren Buffett, Panasonic, Pittsburgh, Smeltz, Monroeville, Los Gatos California, Tesla Tesla, CBS Pittsburgh, Doug Smeltz, Smeltz Auto Service, Tesla Twitter


A Tesla Model X SUV reportedly caught fire after being towed to a shop, despite a company employee saying it wouldn't (TSLA)

A Tesla Model X SUV burned for four hours after being towed to a Pittsburgh repair shop on Wednesday.  Doug Smeltz, of Smeltz Auto Service, says a Tesla employee disconnected the car's battery and said it would not ignite.  The car previously caught fire in a garage in February. On Wednesday, it ignited again after being towed to Smeltz Auto Service in Monroeville. Visit BusinessInsider.com for more stories. One Tesla owner in Pittsburgh has had bad luck with Tesla's Model X SUV. After brie...
Tags: Elon Musk, Los Angeles, Trends, Tesla, TSLA, Warren Buffett, Panasonic, Pittsburgh, Smeltz, Monroeville, Los Gatos California, Tesla Tesla, CBS Pittsburgh, Doug Smeltz, Smeltz Auto Service, Tesla Twitter


A Tesla Model X SUV caught fire after being towed to a shop, despite a company employee saying it wouldn't (TSLA)

A Tesla Model X SUV burned for four hours after being towed to a Pittsburgh repair shop on Wednesday.  Doug Smeltz, of Smeltz Auto Service, says a Tesla employee disconnected the car's battery and said it would not ignite.  The car previously caught fire in a garage in February. On Wednesday, it ignited again after being towed to Smeltz Auto Service in Monroeville. Visit BusinessInsider.com for more stories. One Tesla owner in Pittsburgh has had bad luck with Tesla's Model X SUV. After brie...
Tags: Elon Musk, Los Angeles, Trends, Tesla, TSLA, Warren Buffett, Panasonic, Pittsburgh, Mercedes Benz, Smeltz, Monroeville, Los Gatos California, Tesla Tesla, CBS Pittsburgh, Doug Smeltz, Smeltz Auto Service


Debate: Should you count your own home in your net worth ‘number’?

We’ve not one but two of our favourite bloggers guest posting today. What’s more they’re going at each other head-to-head! Roll up, roll up, for a bare knuckle cage fight – personal finance style! Okay, not really, Mr YFG and Fire v London are too polite for that. But we hope you enjoy their gentle jousting nonetheless. T here’s a divisive issue that has been tearing the nation apart forever. Bloggers are at odds over it. Family members squabble over it. Maybe you’ve even put off retiring beca...
Tags: Home, Florida, UK, London, Marketing, Britain, Property, Warren Buffett, Parliament, North Sea, Charlie Munger, Robert Kiyosaki, Net Worth, Monevation, Rich Dad Poor Dad, Sunday Times ' Fame Fortune


Elon Musk said Panasonic hasn't been making enough battery cells for Tesla's cars (TSLA, PC)

Tesla CEO Elon Musk tweeted on Saturday that the rate of battery-cell production from Panasonic has held back output for the electric-car maker's Model 3 sedan. "Pana cell lines at Giga are only at ~24GWh/yr & have been a constraint on Model 3 output since July," Musk said. "Tesla won’t spend money on more capacity until existing lines get closer to 35GWh theoretical." Panasonic did not immediately respond to Business Insider's request for comment. Visit BusinessInsider.com for more storie...
Tags: Elon Musk, Trends, Tesla, Bloomberg, Warren Buffett, Panasonic, Travis Kalanick, Bugatti, Musk, Gigafactory, David Einhorn, Greenlight Capital, Pana, Tom Randall, July Musk, Giga




Tesla's cheapest car just became a lot more difficult to buy (TSLA)

Tesla has made big changes to its Model 3 offerings, the company announced Thursday night.  The standard range version, the cheapest car Tesla sells, will only be available to purchase in-person at retail stores or by phone. Last month, Tesla said it was shifting all sales to online-only and closing many stores. Tesla is closing many of its retail stores, but if you want to buy the cheapest car the company offers, you'll have to find one that's still open — or hop on the phone. In a blog post...
Tags: Elon Musk, New York, Trends, Tesla, TSLA, Warren Buffett, Panasonic, Autopilot, David Einhorn, Standard, Texas Washington


Warren Buffett says Elon Musk has 'room for improvement' (TSLA)

Warren Buffett is urging Elon Musk to use more restraint in his role as Tesla CEO. In a Yahoo Finance interview airing Friday, Buffett said Musk has 'room for improvement' Musk has been locked in a months-long battle with federal regulators that's expected to come to an end by April 18. Warren Buffett has some blunt advice for Tesla CEO Elon Musk: stop tweeting. In an interview with Yahoo Finance airing Friday and reported on by Bloomberg, the Oracle of Omaha said he doesn't understand why hi...
Tags: Elon Musk, Trends, Tesla, Bloomberg, TSLA, SEC, Omaha, Warren Buffett, Securities And Exchange Commission, Musk, Buffett, Yahoo Finance, Musk s Twitter


Warren Buffett urges Wells Fargo to look beyond Wall Street for next CEO: Financial Times

Warren Buffett, whose Berkshire Hathaway Inc is Wells Fargo & Co's largest shareholder, urged the bank in an interview with the Financial Times on Sunday to look outside Wall Street for a new chief executive officer.
Tags: Money, businessNews, Warren Buffett, Financial Times, Wells Fargo, Berkshire Hathaway Inc, Wells Fargo Co


Roku is tumbling after Citi gets nervous about its massive 110% rally this year (ROKU)

Roku plunged on Monday after Citi downgraded the stock from "neutral" to "sell." A triple-digit-percentage gain for the stock so far this year, rising competition in the streaming space, and what appear to be robust hiring plans at the company all contributed to Citi's downgrade. The note comes days after the news outlet Cheddar reported Amazon was looking to expand its streaming offerings. Watch Roku trade live. A massive rally in Roku shares, an increasingly competitive streaming space, an...
Tags: Apple, Amazon, Facebook, Twitter, Ipo, Trends, Credit Suisse, Roku, Warren Buffett, Boeing, Pluto TV, Citi, Ott, Cheddar, Loop Capital, Mark May


Warren Buffett weighs in on Wells Fargo

Warren Buffett, Wells Fargo's largest and most powerful shareholder, doesn't want the troubled bank to hire a CEO from Wall Street.
Tags: News, Stories, Warren Buffett, Wells Fargo, Warren Buffett Wells Fargo


Warren Buffett on what kind of CEO Wells Fargo should hire

Warren Buffett, Wells Fargo's largest and most powerful shareholder, doesn't want the troubled bank to hire a CEO from Wall Street.
Tags: News, Stories, Warren Buffett, Wells Fargo, Warren Buffett Wells Fargo


Warren Buffett has weighed in on what kind of CEO Wells Fargo should hire

Warren Buffett, Wells Fargo's largest and most powerful shareholder, doesn't want the troubled bank to hire a CEO from Wall Street.
Tags: Cnn, Warren Buffett, Wells Fargo, Warren Buffett Wells Fargo


Oil prices spike; Tech pressure; Warren Buffett's tip for Wells Fargo

Here's what you need to know about the markets before you start your business day.
Tags: Cnn, Warren Buffett, Wells Fargo


Warren Buffett urges Wells Fargo to look beyond Wall St for next CEO - FT

Warren Buffett, Wells Fargo & Co's largest shareholder, urged the bank in an interview with the Financial Times on Sunday to look outside Wall Street for a new chief executive officer.
Tags: Money, businessNews, Warren Buffett, Financial Times, Wells Fargo, Warren Buffett Wells Fargo Co


MacKenzie Bezos may only be taking 25% of Jeff Bezos’ fortune, but she deserves half because there would be no Amazon without her (AMZN)

Amazon CEO Jeff Bezos created the world's most valuable company during the 25 years he was married to MacKenzie Bezos. The couple, who announced plans for divorce in January, apparently had no prenuptial agreement and live in a state where assets are split 50-50. In April, MacKenzie and Jeff Bezos tweeted that their divorce was finalized, and MacKenzie would walk away with 25%. MacKenzie Bezos said in a statement that she would grant Jeff Bezos all her interests in   The Washington Post   and ...
Tags: Amazon, Hbo, Texas, Washington Post, Washington, Mexico, US, Trends, Cbs, Berkshire Hathaway, Warren Buffett, Jeff Bezos, Seattle, Upper West Side, Princeton, Sheryl Sandberg


Buffett-Backed StoneCo Slips on Citi Cut as 2019 Rally Sputters

Shares of the Brazilian company -- which is backed by both Warren Buffett’s Berkshire Hathaway and Ant Financial, the Chinese financial services firm controlled by Jack Ma -- slid as much as 5.3 percent, though it subsequently pared that decline. The current valuation “already prices in most of the positive fundamentals for the next quarters, limiting further short-term re-rating,” analyst Felipe Salomao wrote to clients.
Tags: Science, Berkshire Hathaway, Warren Buffett, Jack Ma, Buffett, Citi, Felipe Salomao


Lawyers and Twitter: Six Ways To Make People Like You

I use Twitter more to give shout outs to the good stuff being done by others than to broadcast about LexBlog and our doings. I’ve always had a hard time believing I did something that qualified for bragging. Maybe that’s my Irish Catholic roots and my being an entrepreneur my whole life — nothing’s ever good enough and there’s no reason not to feel guilty. Selfishly though, it just always felt good to make others feel good about what they’re doing. Lawyers, the organizations supporting a...
Tags: Twitter, Law, Omaha, Warren Buffett, Lexblog, Dale Carnegie, Carnegie


‘It’s Not Rocket Science:’ How Reverse Mortgage LOs Can Talk to Trusted Advisors

For reverse mortgage originators, marketing themselves to trusted advisors like Certified Public Accountants (CPAs), estate attorneys or financial planners can be a difficult prospect. On top of the reputational issues that plague reverse mortgage products on a persistent basis, reverse mortgage loan officers themselves can often get bogged down in the details of the product without successfully speaking the “language” of the advisor with whom they try to forge relationships. This is accordin...
Tags: Featured, Education, Finance, Warren Buffett, Orange County Calif, NRMLA, Andelman, HighTechLending, Martin Andelman


Warren Buffett wants to make an 'elephant'-sized acquisition

Berkshire Hathaway has more than $110 billion in cash. Warren Buffett has already said that he wants to do a big deal. Here's what could be on his shopping list.
Tags: Cnn, Berkshire Hathaway, Warren Buffett


Warren Buffett Answers 10 Key Investing Questions

Berkshire Hathaway (ticker: BRK.A, BRK.B) CEO and legendary Wall Street investor Warren Buffett recently spoke to CNBC following the annual release of the company's shareholder letter. Buffett gave his take on the current valuation of the stock market, buying stocks on a price dip, the trade war with China and a number of other important issues on investors' minds. Berkshire holding Kraft Heinz Co. (KHC) dropped by more than 30 percent after the company recently announced a $15 billion writedo...
Tags: News, China, Berkshire Hathaway, Warren Buffett, Berkshire, Cnbc, Securities And Exchange Commission, Buffett, Kraft Heinz Co KHC


My New Plan: Work And Toil / Eliminate Retirement

This month marks the 13th year that I’ve been known as the “Lazy Man.” I’ve been known to answer to that name. (I didn’t reveal any other name on this site for years.) Call it superstition of #13, but I’ve been having a change of heart. Instead of being lazy and making my money work for me, maybe it’s best for me to continue to work and toil. I’m going to start to eliminate retirement thoughts completely. Why have I decided to change my mind? I can’t quite put my finger on it. I find it im...
Tags: Marketing, Fire, Fun, Pokemon, Warren Buffett, Bruce Lee, Buffett, Bruce Lee He, Squirtle, Ping Pong Many


What We’re Reading: March 25-29

A library in a tree, a Game of Thrones global scavenger hunt, make your own KFC sandwich and much more, compiled by Anne-Marie Siudzinski, Senior Library Information Specialist. What can you do with a tree stump besides cut it down?  Make a library, of course! A high school production of Alien is getting great reviews. Will car ownership die out?  This writer thinks so. aaltonen/flickr/2005 Setting your thermostat to match the African environment. Cats are irresistibly drawn to keyboards.  Buy t...
Tags: Microsoft, Radio, Ireland, Warren Buffett, Kfc, What We're Reading, Anne Marie Siudzinski


Buffett says issues with Boeing jet won't hold back aviation

Investor Warren Buffett, who has major stakes in three airlines that operate the Boeing 737 Max, says safety issues with the jet won't have a long-term effect on the aviation industry.
Tags: Texas, Finance, Article, Warren Buffett, Associated Press, Boeing, Max, Buffett, Grapevine, FBN, Fbn/markets, Fox-business/markets, Fox-business/industries/industrials, Fox-business/industries/transportation, Fox-business/features, 9385e948-0e61-5d1b-ad7d-e7c31b2bd78f


Warren Buffett is still a big Apple bull, but he famously uses a flip phone instead of an iPhone

Warren Buffett shared his thoughts on Apple following its big event on Monday in interviews with Yahoo Finance and CNBC. He said Apple is a long-term investment, adding that: "If you have to closely follow a company, you shouldn't own it." Buffett's Berkshire Hathaway owns a 5.4% stake in Apple, but he famously doesn't use an iPhone — or any smartphone for that matter. He uses a flip phone instead. Apple shares fell by as much as 2.2% on March 25 following its star-studded event, during which...
Tags: Apple, Google, Wall Street, Samsung, Trends, Berkshire Hathaway, Warren Buffett, Jason Momoa, Cnbc, Business Insider, Apple News, Buffett, CFRA, Yahoo Finance, Andy Serwer, Angelo Zino



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