promy

  SoftBank CEO Masayoshi Son delivers remarks next to U.S. President Donald Trump at an ‘Investing in America’ event in Washington, D.C., U.S., April 30, 2025. Leah Millis | Reuters Softbank ’s Vision Fund business on Tuesday posted a loss in the fiscal year ended March as it booked slowing gains at its massive tech investment arm. SoftBank said it notched a gain on investment at its Vision Funds of 434.9 billion yen in the fiscal year, a 40% fall from the 724.3 billion yen booked in the previous year. In its fiscal fourth quarter — the three months ended March — SoftBank’s Vision Funds segment recorded a 26.1 billion yen gain, helped by a rise in the value of TikTok owner ByteDance. The Vision Fund segment overall logged a pretax loss of 115.02 billion yen ($777.7 mllion) versus a profit of 128.2 billion yen in the previous fiscal year. For the latest fiscal year, SoftBank saw gains on its investments in Chinese ridehailing company Didi as well as South Korean e-commerce firm Coup...

  watch now VIDEO 03:01 Warren Buffett: Greg Abel should become Berkshire CEO at year-end An end of an era was announced in Omaha Saturday as  Warren Buffett  said he will soon ask the board of  Berkshire Hathaway  to have Greg Abel replace him as CEO at year end. While Buffett is 94 and Abel was designated as CEO successor in 2021, it nonetheless came as a surprise to the thousands of admiring shareholders gathered for this year’s  annual meeting  to once again hear the investing legend opine on the future of the company. “Tomorrow, we’re having a board meeting of Berkshire, and we have 11 directors. Two of the directors, who are my children, Howie and Susie, know of what I’m going to talk about there. The rest of them, this will come as news to, but I think the time has arrived where Greg should become the chief executive officer of the company at year end,” said Buffett, in the final few minutes of the meeting. In 1965, Buffett bought what was then ...

  Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email Homemade barbecue pork chops. Katy Perry performs onstage during the Katy Perry The Lifetimes Tour 2025. A woman checks her receipt while exiting a store. iStock| Theo Wargo | Hispanolistic | Getty Images A few weeks ago, as Kiki Rough felt increasingly concerned about the state of the economy, she began thinking about previous periods of financial hardship. Rough thought about the skills she learned about making groceries stretch during the tough times that accompanied past economic downturns. Facing similar feelings of uncertainty about the country’s financial future, she began making video guides to recipes from cookbooks published during previous recessions, depressions and wartimes. The 28-year-old told followers that she is not a professional chef, but instead earned her stripes by learning to cook while on food stamps. From Rough’s yellow-and-black kitchen in the C...

  Points Russian President Vladimir Putin warned it would be foolish to dismiss U.S. President Donald Trump’s push for control over Greenland. His comments, which were not critical of Trump’s intentions, come as U.S. Vice President JD Vance prepares to lead a high-profile U.S. delegation to Greenland on Friday. Trump has repeatedly expressed his desire to gain control of the autonomous Danish territory, describing the prospect as an “absolute necessity” for purposes related to national security. In this pool photograph distributed by the Russian state agency Sputnik, Russia’s President Vladimir Putin attends a video-linked ceremony to launch the Project 885M Yasen-M nuclear-powered submarine Perm, in the Arctic Circle port city of Murmansk on March 27, 2025. Sergei Karpukhin | Afp | Getty Images Russian President  Vladimir Putin  warned it would be foolish to dismiss U.S. President  Donald Trump ’s  push for control  of Greenland, saying the move is unsurpr...