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Warren Buffett’s firm just made the most money ever in a single quarter

Warren Buffett is a happy man. In the second quarter of this year, his firm, Berkshire Hathaway, made $6.4 billion in net profit, the most it has ever made in a three-month period. To put that in perspective, ExxonMobil made $8.8 billion and Apple made $7.7 billion in the same period—and they make …

Investing

The Hardest Thing About Crowdfunding, According To A Former Hedge Fund Manager Killing It On Indiegogo

Maganis described his background to us as "always chasing shiny objects across multiple industries. It's interesting seeing what professions are in vogue and how they always seem to change with the times. I remember how being a doctor was cool, then it was being a real estate/hedge fund investor …

Crowd Funding

How to Value Your Startup Before Presenting to Investors

<i>George Deeb is the Managing Partner at Chicago-based Red Rocket Ventures, a startup consulting and financial advisory firm based in Chicago. You can follow George on Twitter at @georgedeeb and @RedRocketVC.</i><p>How to value a startup<p>One of the questions I get, more often than not, is what is the …

3 steps toward the future of customer experience

Consumers’ expectations for businesses and the customer experiences they deliver are being radically reshaped. Across hospitality, transportation, retail, and beyond, a wave of new online businesses — many of them digitally native — are raising the bar for how customers are being served. Customers …

Is an associate’s degree the new bachelor’s degree?

More parents are sending their children to two-year colleges, but will this negatively impact their children’s future earning power?<p>According to …

College & University

LinkedIn's Mountain Of Data Is Now A $1,200 Sales Tool

Who wants to pay serious money to see your biographical details on LinkedIn? Cynics might say: “Nobody.” People familiar with LinkedIn’s business model to date will say: “Recruiters.” But the big answer going forward is like to be: “Sales people.”<p>LinkedIn this week is rolling out its most advanced …

Meet The Startup That's Happily Taking On $350 Million In Debt

Three years, $6 million in funding and almost $400 million in debt commitments: that’s the ledger at a Santa Monica, Calif.-based startup called Privlo. Not exactly the typical financial situation for a young startup, at least one that isn’t lighting wads of dollar bills on fire.<p>For Privlo founder …

How Microsoft's Surface Tablet is Changing the NFL

Microsoft's take on tablet computing will help the NFL be more informed than ever.<p>If you're a football fan, you might have heard tonight's Hall of …

Visa's Stock Is Expensive and as Cold as Russia's Winter

NEW YORK (TheStreet) -- <b>Visa</b> (V) reminds us in its advertisements its cards are "everywhere you want to be." Unless you are in Russia, which has been …

What the Airbnb Squatter Says About the Sharing Economy

It’s a modern-day horror story that has grabbed international attention since <i>The Chronicle</i> reported it last week. A man used Airbnb to rent a Palm …

An iPad App To Make All Your Selfies Go 3D

Itseez3D, the first app to partner with computer vision technology company Occipital, can turn any picture you take with your iOS camera into a 3D object. Naturally, I made one of the good sir Alex Wilhelm:<p>And <i>somehow</i> I was convinced to get one of me as well:<p><i>Note: it’s very odd to see yourself as</i> …

HIV/AIDS has migrated to Deep South, where stigma endures

MONTGOMERY, Ala. — Dr. Laurie Dill pointed to a large map in the hallway of Medical AIDS Outreach of Alabama (MAO). It showed the number of people in each county living with HIV or AIDS in 2010. Where the counties pulsed red is the new, rural heart of the HIV/AIDS epidemic.<p>Dill pointed to a belt of …

Math nerds are taking over Wall Street

When you think about the typical Wall Street trader, you probably picture a fast-talking Wolf of Wall Street type.<p>But guess what? They are rapidly being replaced by "quants" -- soft-spoken super nerds armed with high-tech software to help them beat the market.<p>Elie Galam is one of them.<p>Every day, …

You're Helping Mark Zuckerberg Become The World's Richest Person

Some day in the near future you will read these words, tucked between headlines about the iPhone 10 and President Donald Trump's first 100 days in office: <i>Mark Zuckerberg Becomes World's Richest Man</i>. And you will have only yourself to blame.<p>The Facebook CEO's net worth jumped about $2 billion on …

Net neutrality is dead – welcome to the age of digital discrimination

A US appeal court ruling that undermines the principle of net neutrality could spell the end for the ideal of an open internet<p>Want to know if someone is internet-savvy? Just ask them why anyone should care about net neutrality. If they understand the technology, stand by for a lecture on why it is …

New York Has A New 'Millionaire Lair' For The Hard-Partying Elite

A New York Post article by Dana Schuster dubbed the West 58th street spot "New York's newest millionaire lair."<p>The scene centers around a crowd of older men partying with their younger girlfriends, secret rooms for the uber-elite, and a doorman who lets you in if you look "A-list."<p>Frank Roberts, …

Coco Chanel

Alex Honnold's Ultimate Adventure Vehicle | Outside Online

Honnold's Humble Abode<p>Welcome to Alex Honnold's home sweet home, parked in American Fork, Utah. We caught up with the climber for an inside look at his deluxe camper-van setup, complete with all the gear you could ever want to free solo Half Dome—or to go on a slightly less adrenaline-filled …

Climbing

11 Smartphone Home Screens From Some Of The Biggest Names In Tech

Apps

Is the Fed fueling a giant stock market bubble?

Take a good look at the chart below and you'd be excused for concluding that we're in the midst of the greatest stock market bubble of all time. Not only has the S&P 500 fully recovered from the financial crisis, it's a staggering 30% higher than the peaks of the Internet and housing bull …

Southwest eyes northern push, threatening Air Canada, WestJet

Low-cost U.S. airline giant Southwest Airlines Co., says Canada is on a list of "attractive" destinations it is considering for expansion – a development that would shake up Canada-U.S. air travel.<p>The delivery of Boeing 737-800 models that offer more seats and longer range than Southwest's 737-700 …

9 Breathtaking Destinations You Must See While Visiting Australia

One of the pleasures of travel is the feeling of discovery. In a time when there is a proliferation of information and everyone is connected all the time, it is a joy to realize there are still unknowns--hidden gems to be shared with family and friends. <b>Australia</b> can sometimes seem so familiar, yet …

Australia