Major media outlets yank e-cigarette ads off their broadcastsPosted: Updated:
Here’s the latest business and technology headlines courtesy of Cheddar:
Microsoft announced a new share repurchase program on Wednesday of up to $40 billion. The program could be terminated at any time. Microsoft is one of the most valuable companies in the world, with a market cap of more than $1 trillion – a milestone the company hit in April.
Major media outlets are yanking e-cigarette ads off their broadcasts. CBS, Viacom, and CNN parent company Warner Media both said they would stop airing e-cigarette advertising across their networks. CNN said last week it would stop airing vaping ads. The death toll from a mysterious vaping-related illness continues to climb.
A key lieutenant to Warren Buffett is leaving to create an investment vehicle of her own. Tracy Britt cool, who began as a financial assistant to Berkshire Hathaway, says she wants to buy smaller companies that would typically fly under Berkshire's radar. Britt cool plans to leave her current position as CEO of Pampered Chef, a Berkshire Hathaway-owned cookware company in March.