Roundup: Buffet invests, M&As and IPOs sink, Mac laptops rise and more
Here’s the latest action:
In Buffet we trust — Billionaire Warren Buffet’s Berkshire Hathway group is investing $3 billion in General Electric. Why the investment? GE is the “symbol of American business to the world,” Buffet told VCCircle. That’s the spirit in a troubled economy — or is it bottom-feeding?
New data on M&As and IPOs — Mergers and acquisitions activity and initial public offerings of venture-backed companies are on pace for the lowest levels this decade, according to… Continue Reading