Bill Gates and Warren Buffett are two of the richest men in the world and are also the best of friends. Bill Gates is the founder of Microsoft and the third richest man in the world, while Warren Buffett is the CEO of Berkshire Hathaway and the fourth richest person in the world.
Gates and Buffett met for the first time thanks to Gates’ mother Mary Gates, who invited Warren Buffett along with late Washington Post Editor Meg Greenfield. Gates expressed great displeasure before meeting Buffett as he was forced to take a day off work. According to Bill Gates, Buffett was just a person who buys and sells paper.
The feeling was the same from Buffett’s side as well, who was not keen on meeting Gates. However, to the surprise of both of them, they instantly hit it off in their first meeting, with Buffett impressing Gates with his questions about Microsoft. Moreover, Buffett lent his favorite business book Business Adventures by John Brooks to Bill Gates, shortly after their first meeting.
Warren Buffett and Bill Gates have been friends for 28 years now and have credited each other for their tremendous success, with Gates stating Buffett taught him how to manage his time. Both of them collaborated many times for philanthropic and political purposes. Warren Buffett and Bill Gates founded The Giving Pledge in 2009, through which billionaires pledge to give half their wealth to charity upon their death. Buffett also pledged to give away 99 percent of his wealth through the Bill and Melinda Gates Foundation.
Beside all the serious issues the duo combat in their life, they like spending time doing odd things, just like friends normally do. The duo actively participate in the newspaper tossing challenge at the annual Berkshire Hathaway meeting and try out mattresses together. Buffett and Gates also took lessons together about how to make milkshakes at an outlet of Dairy Queen, a franchise owned by Warren Buffett.
The friendship of Bill Gates and Warren Buffett is truly admirable and inspirational as it proves two successful people can remain friends and impact each other’s lives, despite their differences.
Meta is developing its first true AR glasses, set to launch in 2027. Before the public release, employees will test the device starting in 2024. The company is also releasing new generations of Ray-Ban smart glasses in 2023 and 2025 with enhanced features like a “viewfinder” display.
Specifications and Features
The AR glasses are expected to feature OLED displays and Qualcomm Snapdragon chipsets, offering sophisticated AR and AI capabilities. They will enable users to interact with virtual objects and project high-quality holograms of avatars onto the real world.
Design and Competition
Meta aims for a sleek design, potentially building on its Ray-Ban partnerships. The AR glasses market is competitive, with Apple and Google also investing heavily. Meta seeks to make its AR glasses a game-changer by offering a unique user experience.
Future Plans
In addition to AR glasses, Meta is expanding its VR offerings with new headsets like the Quest 3 and exploring other wearable technologies. The company is focused on reducing costs to make the AR glasses more consumer-friendly by launch.
MobiKwik is venturing into the stock broking sector with the launch of its subsidiary, MobiKwik Securities Broking Private Limited (MSBPL), following approval from the Ministry of Corporate Affairs on March 3, 2025. This move aims to diversify MobiKwik’s offerings beyond its core digital payments services and compete with established players like Zerodha and Groww.
MSBPL will provide a range of brokerage services, including trading in shares, securities, commodities, and derivatives. The subsidiary has an initial capital of Rs 1 lakh, with plans for an additional Rs 2 crore investment to support its operations.
As MobiKwik enters this competitive market, it brings a substantial user base of 172 million and a merchant network of 5 million. Despite recent financial challenges, including a reported loss of Rs 55.2 crore in Q3 FY25, the company aims to leverage its existing infrastructure and user engagement to capture a share of the growing investment technology market, projected to reach $74 billion by 2030.
This strategic expansion aligns with MobiKwik’s broader goals of enhancing its financial service
Nazara Technologies has sold its entire 71.54% stake in Sports Unity Private Limited, the company behind the multiplayer quiz game ‘Qunami’, for INR 7.15 lakh. This divestment, effective March 25, 2025, signifies a strategic shift for Nazara, which had previously acquired a controlling interest in Sports Unity in 2019 for INR 7.5 crore.
The decision to offload the stake comes as Sports Unity has faced financial difficulties, reporting no active business operations and a negative net worth of INR 0.45 crore at the end of FY24. This move aligns with Nazara’s broader strategy to streamline its operations and concentrate on more profitable ventures within the gaming sector.
This sale follows Nazara’s recent divestment of a 94.85% stake in another subsidiary, Open Play, to Moonshine Technologies for INR 104.33 crore. Despite reporting record quarterly revenue of INR 544.7 crore in Q3 FY25, Nazara experienced a 53.5% decline in net profit year-over-year.
Nazara continues to focus on enhancing its portfolio through strategic acquisitions and investments in high-potential gaming platforms while navigating the competitive landscape of the gaming industry.