✉news BusinessBusiness first seen 22 h ago, last 12 h ago, peak #3
Berkshire Hathaway placing nearly $1 billion bet on Bending Spoons
Original: Why Warren Buffett's Berkshire Hathaway is betting nearly $1 billion on Bending Spoons
Warren Buffett's Berkshire Hathaway is reported to be investing close to $1 billion in Bending Spoons, the Milan-based tech company behind a portfolio of apps including Evernote and AOL. The move is drawing attention because Buffett's firm rarely backs younger technology businesses, prompting speculation about what the deal signals for Berkshire's investment strategy.
Why now: Berkshire Hathaway rarely invests in young tech companies, so a large stake in an app maker is unexpected and prompts questions about a strategy shift.
Warren BuffettBerkshire HathawayBending SpoonsEvernoteAOL
Rank over time, top of the chart is #1. 8 snapshots from 22 h ago to 12 h ago.
Evidence
- Why Warren Buffett's Berkshire Hathaway is betting nearly $1 billion on Bending Spoons · Business Insider
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