Buffett Missed Out on Crisis, Revealing Berkshire’s Big Weakness

She was returning to her position as a home health aide after six weeks of maternity leave, during which the coronavirus outbreak turned into a pandemic. Soon, she would be waking up her clients, dressing them, brushing their teeth, shaving them, and making their breakfast. Maintaining six feet, or even six inches, of distance would be impossible

London Chelsea Limited says it has partnered with SolidBlock to offer a digital asset fund that invests in real estate.

According to a release, London Chelsea Limited will sell a “London Digital Bond” described as a digital security backed by property. London Chelsea is a firm that advises on the buying and selling of residential investment properties in London and the Home Counties…

Elementary Robotics, a robotics company developing tools to automate industrial tasks, today announced it has raised a $12.7 million round. The fresh capital will be used to deploy the Los Angeles-based startup’s automation products at scale, a spokesperson told VentureBeat…

Refraction AI, a company developing semi-autonomous delivery robots, today began handling select customers’ orders from Ann Arbor, Michigan’s Produce Station. This marks the startup’s first foray into grocery delivery after the launch of its restaurant delivery service. The move comes as Refraction reports a 3-4 times uptick in pandemic-related demand…

China’s commercial space ambitions stretch far beyond the industry’s current domestic focus, with plans to use private space capabilities to help bring Chinese influence to the world.

Why it matters: Space is a cornerstone of the global race for tech supremacy, and China wants to dominate from both a governmental and commercial standpoint…

Warren Buffett has likened it to a forest, laid out its building blocks, and even tried to break it down into different groups to explain the setup. But his Berkshire Hathaway Inc. has always defied neat categorization.

Constructed from the remains of a New England textile company, Berkshire is a mashup of businesses from the railroad BNSF to auto insurer Geico to Dairy Queen to party goods supplier Oriental Trading. It also holds a portfolio of substantial investments in public companies such as Apple Inc. and Wells Fargo & Co…

Axeleo Capital today announced the initial closing of its acceleration fund “Axeleo Proptech 1”. This new investment vehicle aims to reach €50 million and has already completed an initial round of €35 million syndicated with the Banque des Territoires, on behalf of the French State, international corporates and financial institutions (RTE, Vinci Energies, Allianz France, Groupe VYV), the Île-de-France Region and European family offices…

Proptech start-up Before You Bid has signed off on a Series A funding round, backed by one of the original team members behind $7 billion registry services giant Computershare.

Street Talk understands mortgage broking outfit Square 1 Group – owned by ex-Computershare finance controller Tony Wales – and high net worth New Zealanders the Gillespie family, were the major investors in the funding round.

SoftBank-backed construction startup Katerra has laid off more than 400 employees, one month after new CEO Paal Kibsgaard stepped into the top job.

The cuts amount to 7 percent of the company’s total headcount, according to the Information. The staff affected worked in departments including human resources and civil engineering and mechanical engineering, the publication reported.