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Warren Buffett to retire from Berkshire Hathaway by year's end
Warren Buffett to retire from Berkshire Hathaway by year's end
by  AFP

Influential billionaire investor Warren Buffett said Saturday he would retire from leading his Berkshire Hathaway business group by the end of the year and that he would recommend his chosen successor Greg Abel take over. Buffett indicated several years ago 62-year-old Abel would be his pick for successor.

Warren Buffett: billionaire investor with simple tastes
Warren Buffett: billionaire investor with simple tastes
by  AFP

Admired for his investing prowess and a taste for the simple things in life rather than luxury, billionaire Warren Buffett has won public affection even as he amassed a fortune for the ages -- riches that the "Oracle of Omaha" has pledged to give away.

Meta fighting Nigerian fines, warns could shut Facebook, Instagram
Meta fighting Nigerian fines, warns could shut Facebook, Instagram
by  AFP

Meta on Saturday vowed to fight Nigerian fines for various consumer data violations, reportedly threatening to cut off Facebook and Instagram in Africa's most populous country. Nigeria had accused Meta of violating the country's data protection and consumer rights laws on Facebook and WhatsApp.

Musk's dreams for Starbase city in Texas hang on vote
Musk's dreams for Starbase city in Texas hang on vote
by  AFP

Tech billionaire Elon Musk's dream of gaining city status for his SpaceX spaceport in the southern US state of Texas could become a reality on Saturday, with voters set to green light Starbase as a new municipality. A Texas House State Affairs committee rejected a bill this week by Republican lawmakers that would have given coastal cities with spaceports control over beach access.

Mexican mega-port confronts Trump's tariff storm
Mexican mega-port confronts Trump's tariff storm
by  AFP

At dawn, container ships from Asia unload at a huge Pacific port in Mexico that so far appears to be weathering the storm unleashed by US President Donald Trump's tariffs. Container throughput increased 11 percent between January and March, when Mexico was already in Trump's sights.