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Search resuls for: "BusinessWeek"


3 mentions found


The Warren Buffett curse is alive and well following the collapse of Sam Bankman-Fried and his crypto exchange FTX. Fortune magazine asked if Bankman-Fried was the next Warren Buffett in an August profile. Fortune put Bankman-Fried on the front page of its August issue, asking readers if he was in fact the next Warren Buffett? Several of Palihapitiya's SPAC companies soared in value amid the SPAC boom of 2020 and the early months of 2021. Palihapitiya was often compared to Buffett by market participants, and Brown called the investor "the new Buffett" on a podcast in January 2021.
More than a dozen people formerly associated with a wellness company known for “orgasmic meditation” are asking a judge to weigh in on a forthcoming Netflix documentary, saying the film should be released without “misappropriated” sexually explicit material that could show them, their lawyer said Wednesday. The documentary, billed as an investigation into allegations about the company, OneTaste, is set to be released Saturday. It isn't clear if video showing the plaintiffs, who are identified in the suit as "Doe," is included in the movie. In a statement Wednesday, OneTaste CEO Anjuli Ayer described the people "standing up to Netflix" as "brave and powerful." "I join them to call on Netflix to not go forward with a project so fundamentally flawed," Ayer said.
HP CEO Meg Whitman AP2012 was full of stock-crushing news for HP, from layoffs to writedowns to its strange mess with Autonomy. AdvertisementAdvertisementA new, in-depth story in Businessweek documents all the missteps that sent the company's shares down 70 percent since August 2010, erasing $68 billion in shareholder equity. But, as Businessweek reporters Ashlee Vance and Aaron Ricadela point out, the company didn't get here in one year. And amid all the errors and missteps, there have been some bright spots—good decisions and fundamental strengths that give hope for a turnaround.
Persons: Meg Whitman, Ashlee Vance, Aaron Ricadela Organizations: HP
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