Berkshire Hathaway’s Ajit Jain sells more than half his stake in co for $139 million: Report

Berkshire Hathaway’s Ajit Jain sells more than half his stake in co for 9 million: Report

Berkshire Hathaway‘s Vice Chairman Ajit Jain has sold more than half of his stake in the company, garnering $139 million, according to a Bloomberg report. According to the SEC filing, Jain, who is one of Warren Buffett’s top lieutenants, sold 200 of his class A common stocks at an average of $695,418 per share, just … Read more

Amazon to shut down Halo division that sells out health and sleep trackers – ET HealthWorld

Amazon to shut down Halo division that sells out health and sleep trackers – ET HealthWorld

New Delhi: Amazon.com Inc said on Wednesday it was shutting down its Halo division that sells health and sleep trackers as the technology giant kicks off wider company layoffs. The company said it will stop supporting Halo services from July 31, and will fully refund Halo devices purchases made in the preceding 12 months. “We … Read more