Blog, YouTube & Content Monetization
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Billionaire investor Warren Buffett said Saturday that he wants to step down as chief executive of Berkshire Hathaway at the end of the year. The revelation came as a surprise because the 94-year-old had previously said he did not plan to retire. Buffett, one of the world’s richest people and most accomplished investors, took control of Berkshire Hathaway in 1965 when it was a textiles manufacturer. He turned the company into a conglomerate by finding other businesses and stocks to buy that were selling for less than they were worth. His success made him a Wall Street icon. It also earned him the nickname “Oracle of Omaha,” a reference to the Nebraska city where Buffett…
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WeightWatchers said Tuesday it is filing for Chapter 11 bankruptcy protection to eliminate $1.15 billion in debt and focus on its transition into a telehealth services provider. Parent WW International Inc. said it has the support of nearly three-quarters of its debt holders. It expects to emerge from bankruptcy within 45 days, if not sooner. WeightWatchers, which was founded more than 60 years ago, has struggled recently. In 2023, the company moved into the prescription drug weight loss business—particularly with the $106 million acquisition of Sequence, now WeightWatchers Clinic, a telehealth service that helps users get prescriptions for drugs like Ozempic, Wegovy an…
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The death of Joann fabrics is turning out to be a big gain for at least one other retailer. Following the beloved craft chain’s bankruptcy and subsequent plan to wind down its operations, discount retailer Burlington Stores—formerly known as Burlington Coat Factory—is moving to scoop up dozens of leases from former Joann locations across more than 20 states, court documents reveal. The 45 locations, some of which have been home to Joann’s stores for decades, were listed as being taken over by various Burlington subsidiaries on a bankruptcy court filing last week, with the company expected to assume control of most of the leases on June 1. In January, Joann fi…
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A year ago today, Microsoft unveiled what it believed would be the future of home computing. Copilot+ PCs, optimized to harness the power of AI, were introduced with the promise of revolutionizing how we interact with our laptops and desktops. The reaction, however, was far from enthusiastic. Critics mocked the addition of an AI button on the keyboard, likening it to the redundant action keys from late-1990s PCs. More concerning was the backlash to Recall, a feature designed to continuously record user activity to provide smarter assistance. Many found the idea invasive. Public alarm grew when it became clear that Recall stored this data off-device, raising serious pr…
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These days, you can’t swing a vintage pair of Doc Martens without hitting a new study or article describing why Gen X won’t live up to its retirement potential. Prudential warned us in 2023 that more than a third of Gen Xers had less than $10k in retirement savings. In 2024, Natixis Investments found that 48% of Gen Xers said it would take a miracle for them to retire securely (up from only 41% of Generation X counting on divine intervention as of 2021). Even the much-lauded great wealth transfer—the $124 trillion in assets that baby boomers will pass along to their heirs by the year 2048—will largely skip over Gen X. The wealth management firm Cerulli Associates …
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In an industrial park in North Las Vegas, near an Amazon warehouse and a waste storage facility, a new carbon removal plant is beginning to pull CO2 from the air and store it permanently. Called Project Juniper, it’s the first “integrated” plant of its kind in the U.S., meaning that it handles both carbon capture and storage in one place. (As a bonus, it also generates clean water.) Clairity Tech, the startup behind it, designed the new plant after raising a seed round of funding led by Initialized Capital and Lowercarbon Capital last year. After spending the last few months setting up the facility, it ran its full system for the first time last week. Founder Glen…
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Countless Rite Aid customers and employees are still waiting to learn the fate of their local pharmacies as the bankrupt drugstore chain sells off its assets and winds down operations. Now, at least three Rite Aid landlords are asking for more transparency into the process. Last week, Rite Aid announced that it has reached agreements to sell its prescription files for most of its 1,200 retail pharmacies, with successful bidders including CVS, Walgreens, and Albertsons, among others. Perhaps most notably, CVS agreed to buy prescription files for 625 of those pharmacies, even as it said it would only take over 64 physical Rite Aid locations in three states: Washington, …
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Never underestimate the news media’s ability to amplify the mundane with urgent-sounding headlines. If you follow the twists and turns of the retail industry as closely as we news-watchers do, you may have noticed recently that the simple act of closing for the Easter holiday has been rebranded as a “retail blackout.” If you’ve been at all confused by this oversold terminology, here’s a brief explainer to help break it down: What’s happening? Over the last week or so, a number of news organizations—mostly from outside the United States—have reported on a so-called “retail blackout” that is set to take place on Sunday, April 20, which is Easter Sunday. E…
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SoundCloud is facing backlash after creators took to social media to complain upon discovering that the music-sharing platform uses uploaded music to train its AI systems. According to SoundCloud’s terms of use, unless a separate agreement states otherwise, users “explicitly agree that your Content may be used to inform, train, develop or serve as input to artificial intelligence or machine intelligence technologies or services as part of and for providing the services.” These terms appear to have been added to SoundCloud’s website in February 2024. Futurism was the first to report on artists’ concerns. Musical duo The Flight brought attention to the terms thi…
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Nearly four months after wildfires reduced thousands of Los Angeles-area homes to rubble and ash, some residents are starting to rebuild. In the Pacific Palisades neighborhood, construction workers recently began placing wooden beams to frame a house on a lot where only a charred fireplace remains standing. In the seaside city of Malibu and foothills neighborhood of Altadena, many land parcels where homes once stood are being cleared of debris. Hundreds of homeowners have sought city or county approval for new home designs and other permits to eventually rebuild or repair damaged homes, though few have gotten the green light to break ground. Some 17,000 homes, business…
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In Texas, parts of Houston are sinking at a rate faster than 10 millimeters—or about two-fifths of an inch—per year. Parts of Dallas and Fort Worth are sinking more than 5 millimeters per year. While that may sound small, it adds up: Every few millimeters that a city sinks can cause cracks in roads or tilt building foundations, and make that region more vulnerable to extreme flooding. And those Texas cities aren’t alone: Twenty-five other major cities—from New York and San Francisco to Boston and Oklahoma City—are also sinking, according to a new study, putting more than 34 million people at risk. Cities can sink for a few reasons. Buildings are heavy, and so so…
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The 2025 WNBA season is upon us, and it’s already making waves. From Caitlin Clark draining logo threes to Paige Bueckers debuting for the Dallas Wings, and the Golden State Valkyries hitting the court for the first time, pre-season coverage has been electric. For those of us who’ve spent years advocating for women’s sports, the buzz surrounding this season isn’t just exciting, it’s a powerful reflection of the league’s progress and promise. Rising viewership. New sponsorships. Sold-out arenas. Long-overdue increases in minimum salaries making their way into collective bargaining agreements. These are signs that the tide is turning. But let’s not mistake momentum for …
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Activist and advocate Tarana Burke has spent 30 years raising awareness of sexual violence and working to eradicate it. Burke, who currently serves as the chief vision officer of the nonprofit organization Me Too Movement, coined the phrase “Me Too” in 2006 as a way show young women of color who had experienced sexual violence that they were not alone. The phrase took off as a hashtag on social media in 2017 in the wake of sexual assault allegations against Harvey Weinstein and other high-profile men. Since then, Burke’s organization has partnered with groups including &Rise, Black Women’s Blueprint, and Callisto to support survivors of sexual violence in more than 80…
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A startup marketing to Gen Z on college campuses filed a lawsuit this week alleging that Instacart engaged in federal trademark infringement and unfair competition by naming its new group ordering app “Fizz.” The plaintiffs, Fizz Social Corp., claim they have been operating their event planning platform under the “FIZZ” trademark and have become a well-known social platform used on more than 400 college campuses. The app, which requires users to sign up with a college email, features anonymous text posts, polls, photos, and the ability to send direct messages. The company has raised at least $41.5 million as of last summer, TechCrunch reported in 2024. “This new F…
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Streetwear used to be about rebellion, community, and self-expression but now it’s walking down luxury runways with $2,000 price tags. Fast Company hit the streets of New York at the iconic Jeff Staple store launch to ask real streetwear fans: Is streetwear still streetwear? Is the culture still alive? Or has luxury killed the vibe? View the full article
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Psychologist: “Design influences behavior.” Neuroscientist: “Design influences behavior.” Uncivil engineer: “It’s not like my road design influences driver behavior.” Every day, preventable crashes are destroying lives because transportation planners and engineers don’t understand that design influences behavior. (I’m being charitable by assuming they don’t understand.) Drivers respond to the built environment much the same way water responds to a riverbed. The shape, width, and surface conditions of the riverbed determine the water’s speed, turbulence, and direction. Likewise, the width of a road, presence of visual cues, curvature, intersections, and sur…
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Apple is partnering with brain-computer interface company Synchron to develop technology that lets users control devices using neural signals. Still in the early stages, the technology could significantly expand accessibility for users who are unable to operate devices with their hands, Synchron said in a press release. The partnership was first reported by The Wall Street Journal. “This marks a defining moment for human-device interaction,” Synchron CEO Tom Oxley said in a statement. “Apple is helping to pioneer a new interface paradigm, where brain signals are formally recognized alongside touch, voice and typing.” Historically, users have interacted with te…
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