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Enterprise Information Roundup, Might 31

Trip providers

Buffett had

checked out Uber

Warren Buffett proposed investing $three billion in Uber Applied sciences this 12 months, however the talks fell aside following disagreements over the phrases and measurement of the deal, folks acquainted with the matter mentioned.

The now-dead Uber transaction is paying homage to the successful wager Buffett’s Berkshire Hathaway made on Goldman Sachs Group through the monetary disaster. Buffett invested $5 billion, lending his imprimatur to the financial institution when it was reeling after the collapse of rival Lehman Bros. in late 2008.

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