Bitcoin tumbles below $40,000 to lowest since September as investors dump risky assets.

The price of bitcoin fell to its lowest point since September on Monday as rising rates continue leading investors to shed positions in risky, growth-oriented assets.

Bitcoin hit a record high of about $68,000 in November following a hot inflation reading that at the time showed the biggest jump in consumer prices in 30 years. That reading caused investors to jump into inflation hedges, including bitcoin as well gold. 

Bitcoin tumbles below $40,000 to lowest since September as investors dump risky assets.

The price of bitcoin fell to its lowest point since September on Monday as rising rates continue leading investors to shed positions in risky, growth-oriented assets.

Bitcoin hit a record high of about $68,000 in November following a hot inflation reading that at the time showed the biggest jump in consumer prices in 30 years. That reading caused investors to jump into inflation hedges, including bitcoin as well gold. 

Most expensive home in America lists for $295 million, may head to auction

A 105,000-square-foot Los Angeles megamansion known as “The One” listed Friday for $295 million, making it the most expensive listing in the U.S.

It was built by Nile Niami, who promoted it as the “biggest and most expensive modern home in America,” with an eventual asking price of $500 million.

The megamansion was placed into receivership last year.

If it doesn’t sell quickly, “The One” heads to auction in February as part of a bankruptcy agreement and will be sold to the highest bidder.

Most expensive home in America lists for $295 million, may head to auction

A 105,000-square-foot Los Angeles megamansion known as “The One” listed Friday for $295 million, making it the most expensive listing in the U.S.

It was built by Nile Niami, who promoted it as the “biggest and most expensive modern home in America,” with an eventual asking price of $500 million.

The megamansion was placed into receivership last year.

If it doesn’t sell quickly, “The One” heads to auction in February as part of a bankruptcy agreement and will be sold to the highest bidder.

BlackBerry Die-Hards Struggle With Final Blow 

Fans part with devices or turn them into art; ‘I’m actually pretty sad’.

Andrew Balfour long dreaded Jan. 4, 2022, the day he had to say goodbye to his beloved BlackBerry Classic forever.

Older BlackBerry models, like Mr. Balfour’s, stopped working on Tuesday, turning the once ubiquitous phones into nothing more than glorified paperweights.

Now, the hardiest of BlackBerry die-hards, who clung to the final moment of service, are finally having to let go. Sort of. Some are refusing to give up their nonfunctioning gadgets and turning them into alarm clocks or art.

BlackBerry Die-Hards Struggle With Final Blow 

Fans part with devices or turn them into art; ‘I’m actually pretty sad’.

Andrew Balfour long dreaded Jan. 4, 2022, the day he had to say goodbye to his beloved BlackBerry Classic forever.

Older BlackBerry models, like Mr. Balfour’s, stopped working on Tuesday, turning the once ubiquitous phones into nothing more than glorified paperweights.

Now, the hardiest of BlackBerry die-hards, who clung to the final moment of service, are finally having to let go. Sort of. Some are refusing to give up their nonfunctioning gadgets and turning them into alarm clocks or art.

Jeff Bezos’ New Year’s Disco Style Hits a Nerve 

The Amazon and Blue Origin founder celebrated 2022 with a party while traveling on a yacht in the Caribbean. Not all of his social media followers were impressed with his splashy look.

Oh, what a photo. In it, Mr. Bezos beams in a pair of tight white pants, a gaudy patterned silk shirt and heart-shaped sunglasses (at night), while Ms. Sánchez wears a racy sparkled jumpsuit with significant cutaways. They look like a couple that does little but work out and make out—the billionaire version of the cast of the reality show “Jersey Shore”—an impression reinforced by other photos taken of the pair during their 2021-2022 holiday break spent on a yacht with friends and family near St. Barth in the Caribbean. Through a representative, Mr. Bezos declined to comment.

Mr. Bezos’ garments are not your typical beefcake threads, however. His tight, cream-colored jeans would appear to be from cerebral, uber-luxe Italian purveyor Brunello Cucinelli, judging by the logo of a mythological creature and castle tower embroidered on the change pocket. Luxury e-commerce site Mr Porter sells a similar pair for $875. The silk shirt is a dead-match for one from French brand Casablanca that can be purchased for $1,247 on Farfetch. As for those optimistic heart-shaped sunglasses, they might be Saint Laurent (the brand offers a similar pair for $505), or they might just be—Amazon.

Jeff Bezos’ New Year’s Disco Style Hits a Nerve 

The Amazon and Blue Origin founder celebrated 2022 with a party while traveling on a yacht in the Caribbean. Not all of his social media followers were impressed with his splashy look.

Oh, what a photo. In it, Mr. Bezos beams in a pair of tight white pants, a gaudy patterned silk shirt and heart-shaped sunglasses (at night), while Ms. Sánchez wears a racy sparkled jumpsuit with significant cutaways. They look like a couple that does little but work out and make out—the billionaire version of the cast of the reality show “Jersey Shore”—an impression reinforced by other photos taken of the pair during their 2021-2022 holiday break spent on a yacht with friends and family near St. Barth in the Caribbean. Through a representative, Mr. Bezos declined to comment.

Mr. Bezos’ garments are not your typical beefcake threads, however. His tight, cream-colored jeans would appear to be from cerebral, uber-luxe Italian purveyor Brunello Cucinelli, judging by the logo of a mythological creature and castle tower embroidered on the change pocket. Luxury e-commerce site Mr Porter sells a similar pair for $875. The silk shirt is a dead-match for one from French brand Casablanca that can be purchased for $1,247 on Farfetch. As for those optimistic heart-shaped sunglasses, they might be Saint Laurent (the brand offers a similar pair for $505), or they might just be—Amazon.

Warren Buffett makes over $120 billion on Apple’s rise to $3 trillion, among his best bets ever.

Warren Buffett’s out-of-character bet on Apple may end up being one of his winningest investments, making more than $120 billion on paper as the tech giant shattered yet another record to top a $3 trillion market valuation this week.

Berkshire Hathaway began buying Apple stock in 2016 and by mid-2018, the conglomerate accumulated 5% ownership of the iPhone maker, a stake that cost $36 billion. Flash forward to 2022 and the Apple investment is now worth $160 billion as the massive rally extended into the new year.

Without a doubt, it is one of the strongest investments that Berkshire has made in the last decade.

Warren Buffett makes over $120 billion on Apple’s rise to $3 trillion, among his best bets ever.

Warren Buffett’s out-of-character bet on Apple may end up being one of his winningest investments, making more than $120 billion on paper as the tech giant shattered yet another record to top a $3 trillion market valuation this week.

Berkshire Hathaway began buying Apple stock in 2016 and by mid-2018, the conglomerate accumulated 5% ownership of the iPhone maker, a stake that cost $36 billion. Flash forward to 2022 and the Apple investment is now worth $160 billion as the massive rally extended into the new year.

Without a doubt, it is one of the strongest investments that Berkshire has made in the last decade.