Warren Buffett has not changed his attitude to the world's largest company. A week before the new Apple even, the billionaire told that his fund Berkshire Hathaway has increased its share in Apple once again. Why is Buffett so confident and does the market agree with him? A month ago, Apple stormed a new hill. The company was the first of public companies to receive an estimate of a trillion...

In the course of trading on Tuesday, capitalization of Amazon.com Inc. for a while exceeded $ 1 trillion for the first time in the Internet retailer’s history. The Amazon share price rose by 1.9% to $ 2,050.5, but then slowed its growth to 1.1%. Until September 4, Apple was the only modern US company worth more than $ 1 trillion. The company hit the record on August 2. Now its capitalization is...

Huawei's sales jumped 38.6% year-on-year in April-June to 49.8 million units. Apple increased sales by only 0.9%, to 44.7 million. "Huawei continues to innovate in its smartphones and expand its line of devices to cover as many market segments as...

Coca-Cola acquired the largest British chain of coffee houses Costa Coffee for $ 5 billion. This transaction reflects Coca-Cola’s desire to enter a new coffee market, as well as a broader trend - the desire of soft drinks producers to seek new directions of activity due to a decrease in popularity of traditional sweet drinks. The American beverage producer Coca-Cola Company announced purchase of...

Facebook launches worldwide Watch service, through which users can publish their videos, track their popularity and earn money on them. Facebook has announced global launch of Facebook Watch service, which will compete with YouTube, the largest Internet video platform. Facebook Watch is available worldwide from Thursday, August 30, according to a press release released on August 29 by the social...

Apple acquired the start-up Akonia Holographics, which develops holographic displays for AR-glasses. Initially, the startup specialized in holographic data storage. However, later the company reoriented to holographic displays for AR glasses. Apple confirmed purchase of the company, but declined to comment further. "Apple sometimes buys small companies, and we usually do not discuss our goals and...

China warned Australia that its recent decision to ban Huawei and ZTE Corp from supplying technological equipment for the new generation 5G mobile networks will have a negative impact on the Australian business. This is reported by the Asia Times. The Chinese state media went even further. The Global Times publication accused Canberra of "hitting China in the back," and the China Daily described...

Back in 2015, Royal Dutch Shell Plc and BP Plc expressed doubts about the future of rapidly drying oil fields in the North Sea. Now, these fears are fueled by collapsing oil prices and high production costs of Norwegian oil. In this situation, it is not surprising that the British oil giants began to wind up their work in Norway. Now they are joined by other major oil companies, such as Exxon and...

Baidu Inc.’s subsidiary company, operating in the financial services sector, has obtained a license to sell mutual funds. The license is expected to help the company reduce the gap in competition in the fast-growing financial and technological sector, Caixin writes. The license notice was published on the website of the Beijing branch of the China Securities Regulatory Commission (CSRC) on...