South Korea has moved to calm speculation that China will lift an unofficial ban on the country’s entertainment industry in the wake of President Xi Jinping’s visit to the country. Lawmaker Kim Young-bae said Xi had responded positively to a proposed South Korean performance in Beijing, prompting a rise in entertainment companies’ share prices. “I…
Topline Threads, Meta’s text-based social media platform that launched in 2023 as a challenger to the Elon Musk-owned X, for the first time beat X in global daily active mobile users for the month of October, according to data shared with Forbes by market intelligence company Similarweb. Threads surpassed X in the number of daily…
The New Mexico State Investment Council has advised its proxy, Northern Trust Asset Management, to vote against Tesla’s proposed $1 trillion pay package for CEO Elon Musk. Council members voted 6-3 in opposition to the hefty package on Tuesday. × This page requires Javascript. Javascript is required for you to be able to read premium…
Elon Musk is now hyping Tesla’s 8th-gen AI chip, but he still hasn’t delivered the promised self-driving for millions of Tesla owners with the 3rd-gen chip, nor with the current 4th-gen chip in production. Musk, whose compensation package at Tesla is up for a shareholder’s vote this week, has coincidentally been sharing more of what…
Surely you can’t be serious. Two key artists behind 1980’s “Airplane!” landed in Denver Sunday to crack wise about one of Hollywood’s best comedies. Ever. The spoof, from the minds of David Zucker, Jim Abrahams and Jerry Zucker, is as funny today as it was 45 years ago. Maybe even funnier, considering the dearth of…
Two Pink Floyd legends are among the dead celebrities who earned the most money in 2025. According to Forbes‘ annual list, the estates of Syd Barrett and Richard Wright each earned $81 million in 2025 as a result of Pink Floyd selling their catalog and name, image and likeness rights to Sony for $400 million. That…
New York loves a star sighting, but nothing hits like watching someone from your TV sprint (okay, sometimes, shuffle) past mile 18 in a sweat-soaked finisher’s tee. The 2025 TCS New York City Marathon brought out thousands of everyday legends, plus a pack of bold-face names who traded red carpets and ring lights for five…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. A Harvard Business School student once told Jeff Bezos that Amazon.com Inc. (NASDAQ:AMZN) had little chance against traditional retailers and should sell to Barnes & Noble and cash in while he could. The moment, which dates back to…
TLDR Bill Gates’ Foundation holds 67% of its $49 billion portfolio in just three stocks: Microsoft (28.6%), Berkshire Hathaway (24.1%), and Waste Management (14.1%) Warren Buffett has donated billions in Berkshire Hathaway shares to the foundation annually, with the requirement that donations be spent within one year Microsoft remains the foundation’s largest holding at $13.9…
What’s going on here? UBS just raised its price target and outlook on Berkshire Hathaway, spotlighting strong insurance results and GEICO’s swift rebound as reasons for its upbeat call. What does this mean? Berkshire Hathaway’s recent earnings impressed analysts, showing off sturdy performance in shaky times. The company’s insurance business, central to Warren Buffett’s empire,…