Remember Juicero? It was the darling of glass-eyed Silicon Valley investors just a year ago. But it turns out the the $400 juice-making gadget is very literally useless. You can actually just buy the juice packets and squeeze the goods into your glass with your bare hands, no gadget required.
Warren Buffett popped up on CNBC this morning to talk about this and that and how his investment firm Berkshire Hathaway casually dropped $10.7 billion to become IBM's largest shareholder, and...waaaaaaaaaaaaaait...WHOA.
Presumably meant as a way to improve investment opportunities into the upcoming Kindle Fire tablet and other related products, Amazon has spun that device and the Fire brand into a new company called Seesaw LLC.
I've never met TechCrunch's Michael Arrington, but I'm pretty sure he has cojones the size of Texas. How could he not after crashing a secret meeting, realizing that his friends might be committing federal crimes, and still writing about it?
Whoa. TechCrunch reports that Google has invested between $100 and $200 million in Zynga, the social gaming behemoth behind Farmville, Mafia Wars, and others, in preparation for the launch of Google Games later this year.
When you're Bill Gates, you've gotta party just as hard as you work. And you've got to invest just was hard as you party. Maybe that's why Bill Gates just invested $392 million in Mexico's second largest brewer, Femsa. You know them as the company that makes Tecate, Sol, Superior and Kaiser.