Graphic: Images: Brian Snyder, Scott Morgan, Rokas Tenys, Dado Ruvic
Jeff Bezos keeps selling Amazon stock. Warren Buffett is selling Apple stock — but buying others. Amazon got sued over a button you’ve surely pressed many times. And Disney+ has a piracy problem.
Those were just some of the most popular stories this week on Quartz. Check out the slideshow above for more.
Jeff Bezos and his fiancé Lauren Sanchez moved to Miami last year. Image: Brian Snyder (Reuters)
Warren Buffett grew his stakes in Chevron, Oxy, SiriusXM in the last quarter of 2023. Image: Scott Morgan (Reuters)
Warren Buffett’s holding company Berkshire Hathaway, which owns GEICO and Dairy Queen, sold off about 1% of its stake in Apple in the last quarter of 2023, the company revealed in new SEC filings.
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Photo: Rokas Tenys (Shutterstock)
Amazon allegedly tricked users into buying more expensive products through the use of its “Buy Box,” according to a class action lawsuit filed last week. The Buy Box, which features a “Buy Now” and “Add to Cart” button next to eligible items, funnels users into terrible deals through the ease of one-click shopping according to the complaint, Ars Technica reports on Monday.
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Subscribers to Disney Plus fell 7% year-over-year in the last quarter of 2023.Image: Dado Ruvic (Reuters)
Streaming was supposed to kill media piracy. When services like Netflix and Spotify first popped up, they offered subscribers access to thousands of movies, films, TV shows, and songs all ad-free for a relatively low monthly fee.
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There aren’t many Ivy League schools, but they have an outsized influence on society.Photo: f11photo (Getty Images)
At the University of Pennsylvania, undergraduate students in its school of engineering will soon be able to study for a bachelor of science degree in artificial intelligence.
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Photo: Justin Sullivan (Getty Images)
The first batch of 60 Starlink satellites being deployed to low Earth orbit in May 2019. Image: SpaceX
An unspecified defect in early model Starlink satellites has prompted SpaceX to preemptively deorbit the units before they potentially fail and become hazards in low Earth orbit. While the company remains confident that the deorbiting of these problematic units will prevent any issues, this incident underscores the challenges and uncertainties in navigating the realm of gigantic satellite networks.
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Illustration: Dado Ruvic (Reuters)
Just seven years after being founded, OpenAI’s annual run rate — a measure of one month’s revenue multiplied by 12 — hit the $2 billion revenue mark. That puts the AI startup among a handful of companies, including Google and Meta, to have made billions in revenue within just a decade of existence.
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Ben Affleck returned to the Super Bowl ad screen for Dunkin’ — this time with Matt Damon, Tom Brady, and Jennifer Lopez.Image: Dunkin’
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