Social Media Addiction and Regulation

The article discusses the addictive nature of social media feeds, particularly focusing on TikTok's powerful algorithm and the potential impact on young people. Government actions and proposed bills aim to address the issue, while big tech companies are lobbying against these regulations. The influence of China on TikTok and the broader implications of social media addiction are also highlighted.

Berkshire Hathaway's Record Annual Profit

Berkshire Hathaway, led by Warren Buffett, achieved its highest-ever annual profit of $97.1 billion last year. Buffett cited government regulations as a reason for the underperformance of some divisions. The company's insurance operations and stock investments were strong, while BNSF railroad and utilities business fell short of expectations.