Warren Buffett offered Uber a $3 billion investment earlier this year, but the talks eventually crumbled, according to a Bloomberg report. The offer came shortly after Japanese investment giant SoftBank secured its own stake in the ride-sharing company in January, the news site reported citing anonymous sources. Uber CEO Dara Khosrowshahi and the legendary head […]

Randall Stephenson, the CEO of AT&T, said he was not surprised when the federal government sued to stop the company’s attempted acquisition of Time Warner. “We saw it coming,” Stephenson said on Wednesday at the Code Conference in Rancho Palos Verdes, California. “You go into a transaction like this, you step into it, you hope […]

Cryptocurrency prices have been highly correlated with bitcoin, the first and most famous out of thousands that exist. But that could end soon as markets start to acknowledge the differences between these assets, according to Ripple CEO Brad Garlinghouse. “There’s a very high correlation between the price of XRP and the price of bitcoin, but […]

Check out the companies making headlines after the bell on Wednesday: Shares of CRISPR Therapeutics plunged 18.5 percent in extended trading. The biotechnology company disclosed that the FDA has placed a clinical hold on its drug application for a sickle cell disease stem cell therapy. The suspension will be in effect until CRISPR and Vertex […]

More than half of the top American tech companies were founded by immigrants or the children of immigrants, Mary Meeker revealed in her annual report on the future of the internet. Industry giants Apple, Amazon, Google, and Facebook — accounting for a combined market valuation of roughly $3 trillion — were all founded by first […]

Apple released iOS 11.4 for iPads and iPhones yesterday, and it includes a new feature that makes it easier to keep iMessages in sync between your iPhone and iPad. The feature is called “Messages in iCloud,” and it relies on Apple’s iCloud storage to not only back up your messages but keep an identical copy […]

Despite competition from e-commerce giant Amazon, Stitch Fix is committed to remaining independent. And at Recode’s 2018 Code Conference in California, CEO Katrina Lake said the young clothing subscription company has never seriously discussed a buyout from Amazon. “We haven’t had any serious discussions about combining the companies,” she said on Wednesday. Amazon has long […]

Facebook may have lost its customer trust, but it can turn things around, Salesforce CEO Marc Benioff told Jim Cramer on CNBC’s “Mad Money” on Tuesday. “Today I talk to so many CEOs, and if I were to give them one piece of advice, it is there’s nothing more important than trust that you have […]

Mark Zuckerberg and Elon Musk have a testy history of disagreeing about the potential for artificial intelligence, with Zuckerberg as the optimist and Musk as the prophet of doom. But on Thursday in Paris at the Viva Technology conference, Zuckerberg ducked an opportunity to disagree with the Tesla and SpaceX boss, instead focusing on an […]

Mary Meeker, a partner at Kleiner Perkins Caufield & Byers and technology investing luminary, presented her annual report on internet trends Wednesday at Recode’s Code Conference. Meeker’s manifesto on the tech industry has become an annual event. Previous reports have called out burgeoning geographic regions, the rise of voice assistance and the increasingly consolidated advertising […]