Gadgets & Tech Headlines

  • BRIEF-Berkshire reports Apple cost basis, AIG claim liability, lower newspaper circulation in annual report

    Feb 24 (Reuters) - Buffett says berkshire hathaway has $20.96 bln cost basis for shares of apple, which were worth $28.21 bln at year end -- shareholder letter Berkshire says that in q4, it boosted ultimate claim liability estimates related to aig retroactive reinsurance agreement by about $1.8 bln Berkshire, in annual report, says higher liability estimate stems from higher-than-expected loss payments Berkshire says that in q4 it recorded unspecified, one-time inventory and impairment charges at its precision castparts unit, which reduced overall results Berkshire says it paid $2.7 billion for 'bolt-on' acquisitions in 2017 Berkshire, in annual report, says year-over-year circulation has declined at many of its newspapers, including the buffalo news in new york and omaha world-herald in its nebraska hometown

  • With $116 billion cash, Buffett says Berkshire needs 'huge' deals

    NEW YORK (Reuters) - Warren Buffett on Saturday lamented his inability to find big companies to buy and said his goal is to make "one or more huge acquisitions" of non-insurance businesses to bolster results at his conglomerate Berkshire Hathaway Inc.

  • Prestigious U.S. colleges won't reject students who protest guns

    (Reuters) - Dozens of U.S. colleges and universities, including at least three Ivy League schools, have said their application processes will not consider disciplinary action taken against high school students who protest last week's massacre at a Florida school.

  • Senior Chinese politician under investigation for disciplinary violations: Xinhua

    BEIJING (Reuters) - A senior Chinese politician has been removed from his administrative positions and is under investigation for suspected "serious disciplinary violations", state media Xinhua said on Saturday.

  • Olympics - The first 5G Olympics? Not quite, say bemused spectators

    PYEONGCHANG, South Korea (Reuters) - The Pyeongchang Winter Games was supposed to be the coming-out party for 5G, the next generation of wireless technology -- but few people noticed. And some of those who did were unimpressed.

  • Olympics: Curling - Sth Koreans pray Garlic Girls can score crushing victory

    sUISEONG/GANGNEUNG, South Korea (Reuters) - Ninety-two-year-old Kim Won-hee doesn't know much about the sport of curling, but she and millions of other South Koreans are counting on her granddaughter, skipper of the "Garlic Girls", to lead the nation to an historic gold medal on Sunday.

  • Apple moves to store iCloud keys in China, raising human rights fears

    SAN FRANCISCO/BEIJING (Reuters) - When Apple Inc begins hosting Chinese users' iCloud accounts in a new Chinese data center at the end of this month to comply with new laws there, Chinese authorities will have far easier access to text messages, email and other data stored in the cloud.

  • NRA honors FCC chair with rifle for repealing 'net neutrality'

    WASHINGTON (Reuters) - The National Rifle Association (NRA) on Friday honored the head of the Federal Communications Commission with a rifle after braving death threats and other opposition as he worked to undo the Obama administration's 2015 net neutrality rules.

  • Corporate partners cut cord with NRA as gun control debate rages

    NEW YORK (Reuters) - The fallout over last week's shooting rampage at a Florida high school started to take its toll on the National Rifle Association's roster of corporate partners on Friday as a half dozen companies severed marketing ties with the gun advocacy organization.

  • Dropbox files for IPO of up to $500 million

    (Reuters) - Data-sharing business Dropbox Inc on Friday filed for an initial public offering of up to $500 million with the U.S. Securities and Exchange Commission.

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