TechBooky

So much for bad press hurting the tech sector. It looks like investors’ love affair with Apple is still going strong. As Warren Buffett"s Berkshire Hathaway bought more shares from the iPhone maker. Impressive right? #it’s been a great month for Apple. Apple is basking in the afterglow of Warren Buffett"s ringing endorsement. The stock hit an all-time high Monday, and the company moved closer to a milestone - the first $1 trillion market value. Apple stock surged on Friday, when Buffett revealed on the eve of the Berkshire Hathaway annual shareholder meeting that Berkshire had acquired 75 million more shares. [caption id="attachment_11325" align="aligncenter" width="660"]                      Warren Buffett, CEO of Berkshire Hathaway [/caption] Buffett revealed the massive purchase to CNBC , two days ahead of Berkshire Hathaway"s annual shareholders meeting. "It is an unbelievable company," Buffett said. "If you look at...

Does Facebook need a new chairman of the board? Currently the pressure on Mark Zuckerberg the CEO of Social media giants seems pressing.  Just yesterday,  A powerful activist investor group called for Mark Zuckerberg to step down in a statement, citing new admissions of irresponsibility in the CEO’s planned testimony, he wrote to the House Energy and Commerce Committee. The call for Zuckerberg to resign was made after he prepared testimony for Wednesday’s congressional hearing which has been posted online. The seven-page statement starts with an apology from Zuckerberg, who says Facebook failed to take a broad enough view of its responsibilities. “That was a big mistake. It was my mistake, and I’m sorry,” he says. “I started Facebook, I run it, and I’m responsible for what happens here.” Zuckerberg will be testifying before the US House of Representatives Committee on Energy and Commerce on Wednesday after he faces another heari...