Day: May 4, 2025

Temu stops shipping products from China to the U.S.

Temu stops shipping products from China to the U.S. Chinese retailer Temu has shifted strategy in the face of U.S. tariffs. Through executive order, President Donald Trump has ended the so-called de minimis rule, which allowed goods worth $800 or less to enter the country without tariffs. He’s also increasing

Warren Buffett will step down as Berkshire Hathaway CEO

Warren Buffett will step down as Berkshire Hathaway CEO Legendary investor Warren Buffett announced today that he will ask the Berkshire Hathaway board to have Greg Abel replace him as CEO at the end of 2025. “I think the time has arrived where Greg should become the chief executive officer

Week in Review: Apple won’t raise prices — yet

Week in Review: Apple won’t raise prices — yet Welcome back to Week in Review! We’ve got lots of news for you today: Amazon earnings, Apple earnings, ChatGPT sycophancy, Alibaba’s AI models, and much more. Let’s get to it! Well? During Apple’s earnings call yesterday, Tim Cook revealed that the

Google’s Gemini has beaten Pokémon Blue (with a little help)

Google’s Gemini has beaten Pokémon Blue (with a little help) Google’s most expensive AI model seems to have crossed a major milestone: Beating a 29-year-old video game. Last night, Google CEO Sundar Pichai posted triumphantly on X, “What a finish! Gemini 2.5 Pro just completed Pokémon Blue!” To be clear,

eBay and Etsy are relatively confident despite tariff pressures

eBay and Etsy are relatively confident despite tariff pressures Like virtually every sector in the business world, the secondhand industry is grappling with the ramifications of President Donald Trump’s tariffs.  However, based on the comments made by eBay and Etsy earlier this week, both don’t appear to be overly concerned.