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Alvarez vs Munguia: Canelo retains boxing titles with unanimous victory

Around The Globe - Sun, 05/05/2024 - 06:46
Mexico's Alvarez successfully defended his WBC, WBO, IBF and WBA super middleweight titles against compatriot Munguia.

I Kissed A Girl: Gay dating show cast on love and friendship

Education - Sun, 05/05/2024 - 02:18
I Kissed A Girl contestants talk about appearing on the UK's first lesbian dating show.

AI scams could become 'growth industry of all time,' warns Buffett

Technology - Sun, 05/05/2024 - 01:37
omaha, nebraska — Warren Buffett cautioned the tens of thousands of shareholders who packed an arena for his annual meeting that artificial intelligence scams could become "the growth industry of all time."  Doubling down on his cautionary words from last year, Buffett told the throngs he recently came face to face with the downside of AI. Someone made a fake video of Buffett, apparently convincing enough that Buffett himself said he could imagine it tricking him into sending money overseas.  The billionaire investing guru predicted scammers will seize on the technology and may do more harm with it than good.  "It has enormous potential for good and enormous potential for harm and I just don't know how that plays out," he said.  Earnings  The day started early Saturday with Berkshire Hathaway announcing a steep drop in earnings as the paper value of its investments plummeted and it pared its Apple holdings. The company reported a $12.7 billion profit, or $8.825 per Class A share, in first the quarter, down 64% from $35.5 billion, or $24,377 per A share a year ago.  But Buffett encourages investors to pay more attention to the conglomerate's operating earnings from the companies it owns. Those jumped 39% to $11.222 billion, or $7,796.47 per Class A share, led by insurance companies' performance.  None of that got in the way of the fun.  Throngs flooded the arena to buy up Squishmallow plush toys of Buffett and former Vice Chairman Charlie Munger, who died last fall. The event attracts investors from around the world and is unlike any other company meeting.  "This is one of the best events in the world to learn about investing. To learn from the gods of the industry," said Akshay Bhansali, who spent the better part of two days traveling from India to Omaha.  A notable absence  Devotees come for tidbits of wisdom from Buffett, who famously dubbed the meeting Woodstock for Capitalists.  This was the first meeting since Munger died.  The meeting opened with a video tribute highlighting some of his best-known quotes, including classics like "If people weren't so often wrong, we wouldn't be so rich." The video also featured skits the investors made with Hollywood stars over the years, including a "Desperate Housewives" spoof where one of the women introduced Munger as her boyfriend and another in which actress Jaimie Lee Curtis swooned over him.  As the video ended, the arena erupted in a prolonged standing ovation honoring Munger, whom Buffett called "the architect of Berkshire Hathaway."  Buffett said Munger remained curious about the world up until the end of his life at 99, hosting dinner parties, meeting with people and holding regular Zoom calls.  For decades, Munger and Buffett functioned as a classic comedy duo, with Buffett offering lengthy setups to Munger's witty one-liners.  Together, the pair transformed Berkshire from a floundering textile mill into a massive conglomerate made up of a variety of interests, from insurance companies such as Geico to BNSF railroad to several major utilities and an assortment of other companies.  Next Gen leaders  Munger's absence, however, created space for shareholders to get to know better the two executives who directly oversee Berkshire's companies: Ajit Jain, who manages the insurance units; and Abel, who handles everything else and has been named Buffett's successor. The two shared the main stage with Buffett this year.  The first time Buffett kicked a question to Greg Abel, he mistakenly said "Charlie?" Abel shrugged off the mistake and dove into the challenges utilities face from the increased risk of wildfires and some regulators' reluctance to let them collect a reasonable profit.  Morningstar analyst Greggory Warren said he believes Abel spoke up more Saturday and let shareholders see some of the brilliance Berkshire executives talk about.  A look to the future  Buffett has made clear that Abel will be Berkshire's next CEO, but said Saturday that he had changed his opinion on how the company's investment portfolio should be handled. He had previously said it would fall to two investment managers who handle small chunks of the portfolio now. On Saturday, Buffett endorsed Abel for the gig, as well as overseeing the operating businesses and any acquisitions.  "He understands businesses extremely well, and if you understand businesses, you understand common stocks," Buffett said. Ultimately, it will be up to the board to decide, but the billionaire said he might come back and haunt them if they try to do it differently.  Nevertheless, the best applause line of the day was Buffett's closing remark: "I not only hope that you come next year but I hope that I come next year." 

Inside a 'peaceful and proud' Gaza protest camp at a UK university

Education - Sun, 05/05/2024 - 00:47
Students tell the BBC why they're occupying their campus in protest against the war in Gaza.

Inside a 'peaceful and proud' Gaza protest camp at a UK university

Education - Sun, 05/05/2024 - 00:47
Students tell the BBC why they're occupying their campus in protest against the war in Gaza.

Inside a 'peaceful and proud' Gaza protest camp at a UK university

Education - Sun, 05/05/2024 - 00:47
Students tell the BBC why they're occupying their campus in protest against the war in Gaza.

'Student arrests will be my final college memory'

Education - Sun, 05/05/2024 - 00:44
As graduations begin, three students reflect on a college experience bookended by Covid and now campus protests.

How effective is Turkey’s ban on trade with Israel?

Around The Globe - Sat, 05/04/2024 - 20:48
Turkey says the ban will stay in place until Israel agrees to a permanent ceasefire in Gaza.

Spain and Argentina trade jibes in row before visit by President Milei

Around The Globe - Sat, 05/04/2024 - 20:17
The spat began when Spain's transport minister said Argentina's Javier Milei took drugs during last year's election.

‘No to the Russian law!’ Georgia protesters demand a ‘European future’

Around The Globe - Sat, 05/04/2024 - 19:28
Violence has rocked Tbilisi as angry citizens fear Georgia will fall into ‘enemy hands’.

Palestinian doctor Ghassan Abu-Sitta says he was denied entry to France

Around The Globe - Sat, 05/04/2024 - 18:59
The surgeon who helped treat patients during Israel's war on Gaza was scheduled to speak at the French Senate.

Germany’s Scholz calls for unity against far-right after MEP seriously hurt

Around The Globe - Sat, 05/04/2024 - 18:34
Chancellor's appeal comes after four assailants brutally attacked a politician who was campaigning in eastern Germany.

‘Progress’ in Gaza truce talks but Israel still set on Rafah ground attack

Around The Globe - Sat, 05/04/2024 - 17:20
Sources tell Al Jazeera that talks are at critical point as a technical team is working out details of a potential deal.

‘We won’t stop’: How Columbia’s students etched a new Gaza protest legacy

Around The Globe - Sat, 05/04/2024 - 16:32
Inside a movement that took over a university building and lost its encampment within 24 hours - yet refuses to die.

Pakistan records ‘wettest April’ in more than 60 years

Around The Globe - Sat, 05/04/2024 - 16:18
At least 144 people died due to the heavy rainfall in April.

World Press Photo of the Year: Cropping history and reality

Around The Globe - Sat, 05/04/2024 - 15:48
WPP winner demonstrates Palestinian grief is only acceptable to the West if it is sanitised and devoid of context.

‘It’s going to be worse’: Brazil braces for more pain amid record flooding

Around The Globe - Sat, 05/04/2024 - 14:32
The death toll has climbed to 56 in Brazil's southern Rio Grande do Sul state, with tens of thousands displaced.

Sustainable living gives Hungarian families hope for the future

Around The Globe - Sat, 05/04/2024 - 13:38
In growing trend, families aspire to become self-sufficient by living off the land, preserving it for next generations.

Northern Gaza in ‘full-blown famine’, UN food agency chief says

Around The Globe - Sat, 05/04/2024 - 13:15
'It's horror': World Food Programme head calls for immediate ceasefire and 'unfettered access' into besieged territory.

Britain’s Conservatives trounced in local elections

Around The Globe - Sat, 05/04/2024 - 12:37
Disillusionment with Conservative Party sees loss of 450 seats while Labour Party picks up 170 as vote count continues.

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