When Buffet speaks, people listen:
Warren Buffett's Berkshire Hathaway has sold off $900 million of Walmart stock, choosing to invest billions in airlines instead.
The sale, which leaves Buffett with nearly no shares in Walmart, comes as the US's largest traditional retailer has been rushing to catch up to Amazon and other online competitors.
Amazon's market value is now $356 billion, compared with Walmart's $298 billion. Last year, Buffett acknowledged that traditional brick-and-mortar retailers were struggling in the face of competition from the e-commerce giant.
Yes, but is he still long on Big Cola?
(Score: 0) by Anonymous Coward on Thursday February 23 2017, @12:59AM
Privacy is unfortunately a losing battle against mathematics and statistics
And we can't regulate the use of facial recognition by giant companies... because?* It would be awfully hard for them to hide its use, and there should be stiff penalties for using it.
*Because they bribe our government.