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Warren Buffett laid out a plan to “step up” the pace of giving away his $149 billion estate to his children’s foundations, while still allowing for a short period that allows Berkshire Hathaway shareholders to gain confidence in incoming CEO Greg Abel. Buffett, in a Thanksgiving letter that will become an annual tradition, said he … Read more
NEWYou can now listen to Fox News articles! Robert Kraft saw the 2018 massacre at the Tree of Life Synagogue in Pittsburgh — the death, pain and suffering that wrought — followed by a slew of other attacks on Jews that reached a crescendo with the October 7, 2023, attack by Hamas in Israel. Now … Read more
Backed by Adam Back and built around a Bitcoin-per-share model, BSTR is set to enter the public markets through a Cantor Fitzgerald-led SPAC. A $3.5 billion bet on Bitcoin On Jul. 17, Bitcoin Standard Treasury Reserve (BSTR) announced plans to enter the public markets through a merger with Cantor Equity Partners I (CEPO), a special-purpose … Read more
Two Republican senators and a broad bipartisan coalition of funders and nonprofits prevented a 600% increase in taxes levied on the endowments of the largest private foundations as part of President Donald Trump’s tax and spending legislation. Thanks to their support, when Trump signed the bill into law on July 4, taxes went up on … Read more
Good morning! Bumble makes new hires before a tough earnings, Penny Pritzker gets swept up in Harvard-Trump drama, and Fortune’s Alexa Mikhail talks to Melinda French Gates about gigantic news from the Gates Foundation. – 20-year plan. For the last several months, I’ve been working alongside Fortune Senior Editor at Large Geoff Colvin on a … Read more
Fisher did not take Neyman and Pearson’s criticisms well. In response, he called their methods “childish” and “absurdly academic.” In particular, Fisher disagreed with the idea of deciding between two hypotheses, rather than calculating the “significance” of available evidence, as he’d proposed. Whereas a decision is final, his significance tests gave only a provisional opinion, … Read more
Donald Trump’s inauguration as the 47th U.S. president is expected to usher in a new era for cryptocurrencies, according to Wormhole Foundation general counsel Cathy Yoon. Trump officially takes office on Jan. 20, and his campaign pledges, coupled with his selection of crypto advocates for key positions in his administration, signal a major opportunity for … Read more
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