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Buffett’s Berkshire Is Being Packaged Into a Leveraged ETF

(Bloomberg) — Warren Buffett created Berkshire Hathaway Inc.’s Class B shares almost 30 years ago to stymie money managers who sought to split the high-priced conglomerate’s stock. Most Read from Bloomberg One of South Korea’s largest retail brokerages now plans to package the Class B shares into an exchange-traded fund …

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Perplexity brings ads to its platform

AI-powered search engine Perplexity says it’ll begin experimenting with ads on its platform starting this week. The site will start showing ads in the U.S. to start, and they’ll be formatted as “sponsored follow-up questions.” (E.g., “How can I use LinkedIn to enhance my job search?”) These ads will be …

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Just Eat Takeaway sells Grubhub to Wonder for $650 million

Netherlands-based Just Eat Takeaway announced today that it is selling Grubhub to Wonder in a deal valued at $650 million. The company said that it expects the deal to be completed by Q1 2025. “The sale of Grubhub to Wonder will increase the cash generation capabilities of Just Eat Takeaway.com and will …

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