Alphabet rallies after Berkshire reveals stake. Why Buffett’s firm likely bought it

Alphabet rallies after Berkshire reveals stake. Why Buffett’s firm likely bought it

Warren Buffett and Greg Abel walkthrough the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. David A. Grogen | CNBC Alphabet shares jumped Monday after Warren Buffett’s Berkshire Hathaway revealed a new stake in the Google parent, marking one of the conglomerate’s most significant technology bets in years. Alphabet shares were…

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Reddit sues Perplexity for scraping of posts, expanding user data battle with AI industry

Reddit sues Perplexity for scraping of posts, expanding user data battle with AI industry

Thomas Fuller | Lightrocket | Getty Images Social media giant Reddit has launched a lawsuit against artificial intelligence company Perplexity, alleging that it illegally scraped user posts to train its AI model, marking the latest data-rights clash between content owners and the AI industry.  The complaint filed in New York federal court on Wednesday also…

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