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Welcome to our edition on Sunday, where we have spun around some of our top stories and will take you to our classroom. Warren Buffett officially hangs it. 94-year-old investment legend plan Resign as Berkshire Hathaway CEO After 55 years in charge. Buffett broke the news at a stadium full of Berkshire shareholders in Omaha. Bi's Theron Mohamed is there – Here is what he witnessed.
The titanium business indicated the shareholders that his reign ended and Carefully prepared for her removal. Following Buffett's announcement, business leaders from Tim Cook to Mark Cuban Reaction to the news. Check some of the well -known investors Best quote.
On the agenda today:
- Why Millennials retirement estimates can be clearly wrong.
- Within the fight against Big Law against Donald Trump.
- Influencers sell courses richly rich in young men who are skeptical of the higher ED.
- How AI changes work for consultants in McKinsey, BCG, and more.
But first: Talking about all the big tech things with Alistair Barr, the author of our closely launched Tech Memo Newsletter. (Sign up to get the first edition in your inbox!)
If this is passed on to you, Sign up here. Download Business Insider app Here.
The shipping of this week
Shawn Thew/by Reuters
Introducing the tech memo
Alistair Barr, a long -term tech editor to Business Insider, will be a new newsletter for us called the Tech Memo. It aims to deliver the best BI coverage within the Big Tech and the broader industry.
I contacted Ali about his plans for the new reader's service.
Ali, what should the BI tech memo readers expect that they can't get somewhere else?
This newsletter, for starters, is for people working in tech companies, or who wants. How does the work environment change? What is the best way to progress and proceed with Silicon Valley? Therefore, anyone who does business in these organizations, and those who want to understand them deeper, will also get a huge amount from it. BI is always very good at providing an exclusive look at what's really happening within these powerful companies. My goal is to bring the best in this scope to readers each week.
What large themes are above the mind?
New, powerful tools, like AI, are released in these large organizations and interfere with how things are done. Changes within tech companies will influence how we all work in the future. And I focus on the laser in changing relationships between employees and industry companies, so we will share more insights, such as our piece this week about new techniques management of big tech performance. Finally, in tariffs, it would be interesting to see how tech companies are fixing their operations, especially their chains in the hardware supply. This applies especially to Apple.
Who are you interested in today?
I'm obsessed with Elon Musk and all his companies. His raw way of blurting what he had in mind was a strong change from the usual pre-package, PR-checked points of communication with most executives. Sam Altman challenges Musk for the crown of “most kind -friendly tech CEO” today. Then, I can hardly see how Mark Zuckerberg's more open approach will work on developing the AI model (or not).
Sign up here for BI's Tech Memo Newsletter!
The panic of millennial retirement
Getty images; Jenny Chang-Rodriguez/Bi
Between the DOT-Com Bubble Bust and the 2008 great recession, the millennials began to grow old in a lack of retirement-and they could face greater excitement in the decades to come.
Current retirement estimates are not a factor in the economic effects of AI, the climate crisis, and more – all things that can make retiring in the future retirement of millennials.
Why not add retirement assumptions.
Big Law is back
Kevin Dietsch/Getty Images
When President Trump releases a barrage of executive orders targeting some of the largest law companies in the country, there are many strikes. Four companies were selected to fight the administration in court.
So far, that gamble looks paid. In each of the four laws, the judges blocked the most outcome elements from each executive command and signed that they would eventually rule in favor of companies.
This creates a rift in the legal profession.
Also Read:
- Meet Richard Lawson, the only lawyer of the justice department who is taking great laws in court
Plate compared to Porsches
Kimberly Elliott for BI
Failed to higher education and faced with a masculinity crisis, young men were able to break into college successors. Manosphere influencers answer the call.
Crying college as a scam, they are marketing a lifestyle full of fast cars, private jets, and Dubai mansions. All of this can be yours, they promise, if you buy their $ 1,000 course.
And the young men are buying.
AI came to consulting
Tyler le/bi
Big Consulting Firms workers such as McKinsey and BCG are first ambivalent about AI. Now, it helps them save time in Rote activities, which they re -prove to more advanced jobs.
The two companies – including Deloitte, KPMG, and PWC – told BI how they implemented AI in their workflows, from writing writing style to experimenting with AI agents.
Here's how the tech Reshaping the industry.
Also Read:
- McKinsey, BCG, and Deloitte's new competition are small, fast, and driven by AI
Quote of this week:
“We eat our own dog food.”
– Ryan Carrillo, who uses an assumed mortgage to buy his home. He's the cofounder of Assumable.ioThat also helps consumers find homes with mortgages.
More of the leading reading of this week:
- Google is shaking its compensation to indicate higher performance.
- Walmart is again the Grocery King of America, but the Costco rival is quickly getting land.
- The wisest things that economists say about a possible retreat.
- A BI reporter went to Trump's first 100-day rally. The main issue for rallygoers is, surprisingly, not the economy.
- Within the first week back to JPMorgan's largest US office, from memo to jockeying for tables.
- BI went to the “Conclave of Silicon Valley.” It shows the hold tech in DC.
- Starbucks is staffing up its stores with Baristas and ditching machines at the latest phase of its rotation.
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Spotify cutting costs to be an income. Today, subscribers are flooded with music they hate.
The BI team today: Dan Defrancesco, deputy editor and anchor, in New York (on parental leave). Grace Lett, editor, in Chicago. Amanda Yen, Associate Editor, in New York. Lisa Ryan, executive editor, in New York. Elizabeth Casolo, both, in Chicago.
