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CUPERTINO (CBS/AP) — Investors might question Warren Buffett’s long-standing aversion to tech stocks after his Berkshire Hathaway bought 9.8 million shares of Apple.
Buffett has always avoided technology companies because he said it was too hard to pick which ones would prevail long term, although he made an exception to that rule to buy a major IBM stake in 2011. 91 more words
Cupertino, Calif. Mayor Barry Chang had some awfully strong words in a recent interview about Apple, the biggest company in his city, including talk of it abusing his hometown. 434 more words
CUPERTINO (CBS SF) — The mayor of Cupertino is feeling the bite of Apple.
Mayor Barry Chang said that the last time he stepped on the tech giant’s campus he got snubbed. 355 more words