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Billionaire 'Bond King' Bill Gross explains why oil and gas pipelines are his top investment even as AI fervor swirls

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Bill Gross REUTERS/Jim Young Bill Gross told Barron's that oil and gas pipelines are a top investment of his as he seeks alternatives to a tapped-out bond market. He says these publicly-traded multiple limited partnerships offer strong returns with additional tax advantages. Gross has been investing in "conservative" AI names like Microsoft and IBM, but has never owned Nvidia. "Bond King" Bill Gross' favorite investment right now is probably not what you think. Rather than seeking opportunity in the bond market, the legendary billionaire is investing in oil and gas pipelines. Gross notes that the pipelines — which trade as master limited partnerships — possess many of the yield attributes of bonds. He likes them right now because they offer limited risk, good tax benefits, and also the liquidity afforded by the stock market. In a podcast interview with At Barron's , Gross outlined why that these partnerships are so attractive: "First of

Reddit reintroduces the awards system it shut down in 2023, ends the replacement Golden Upvotes system, and expands its Contributor Program to 35 countries (Ivan Mehta/TechCrunch)

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Ivan Mehta / TechCrunch : Reddit reintroduces the awards system it shut down in 2023, ends the replacement Golden Upvotes system, and expands its Contributor Program to 35 countries   —  Reddit announced on Wednesday that it is reintroducing its awards system after shutting down the program last year. from Techmeme https://ift.tt/R6IPlBn

Critics are calling 'Furiosa' one of the 'greatest prequels ever made' — but not better than 'Fury Road'

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Anya Taylor-Joy in "Furiosa: A Mad Max Saga." Jasin Boland/Warner Bros. "Furiosa: A Mad Max Saga" continues the franchise's high-octane action legacy. Critics praised the movie's stunts and performances, but said it doesn't surpass "Mad Max: Fury Road." Here's a roundup of what critics are saying about the movie. "Furiosa: A Mad Max Saga" marks the fifth movie in George Miller's high-octane action franchise. Following the success of 2015's "Max Mad: Fury Road," which took in over $380 million at the worldwide box office , "Furiosa" tells the origin story of one of the main characters from "Fury Road," Charlize Theron's Imperator Furiosa. "Furiosa" follows the title character, now played by Anya Taylor-Joy, over a 15-year span as she journeys into the Wasteland and ultimately becomes a badass War Rig driver. Now that the movie has had its world premiere at the Cannes F

Sigma Computing, which offers cloud data analytics tools, raised a $200M Series D at a $1.5B valuation, up 60% from 2021, bringing its total funding to $581M (Kyle Wiggers/TechCrunch)

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Kyle Wiggers / TechCrunch : Sigma Computing, which offers cloud data analytics tools, raised a $200M Series D at a $1.5B valuation, up 60% from 2021, bringing its total funding to $581M   —  In 2014, Jason Frantz and Rob Woollen co-founded Sigma Computing, a platform that overlays data stored in data platforms … from Techmeme https://ift.tt/Ycw3PgN

I'm a mom of 4 who follows the Mediterranean diet and shops at Aldi. Here are 12 things I love to buy.

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I buy Mediterranean-diet staples for myself and easy meals and snacks for my kids. Jennifer Barton I'm a mom of four in London who loves saving money on groceries at Aldi. I buy Mediterranean-diet staples like fruit, veggies, beans, and nuts for myself. For my kids, I'll pick up snacks and ingredients for easy meals   I know they'll love. As the mom of a teen, a tween, and two younger kids, I'm always looking for easy ways to save time and money on groceries. Aldi has a good selection of generic and branded products, so it's ideal for topping up any missing cupboard or fridge items. The budget grocery chain started in Germany and has expanded to 10 countries since opening in 1913. There are over 1,000 locations in the UK (where I live), and it's currently the fastest-expanding grocer in the US. From Mediterranean-diet staples for me to simple dinner options for my whole family, here are 12 of my favorite things to buy at Aldi. Cucumbers are pr

The US DOJ indicts two brothers for allegedly stealing $25M in crypto via an exploit of the MEV-Boost software used by some Ethereum validators (Sam Kessler/CoinDesk)

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Sam Kessler / CoinDesk : The US DOJ indicts two brothers for allegedly stealing $25M in crypto via an exploit of the MEV-Boost software used by some Ethereum validators   —  The alleged 12-second attack related to the controversial practice known as MEV, or maximal extractable value.  —  10 Years of Decentralizing the Future from Techmeme https://ift.tt/awpvxRe

Google unveils Android for Cars updates: new apps including Max, Peacock, and Angry Birds for select car models, Google Cast for Android Automotive OS, and more (Lawrence Bonk/Engadget)

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Lawrence Bonk / Engadget : Google unveils Android for Cars updates: new apps including Max, Peacock, and Angry Birds for select car models, Google Cast for Android Automotive OS, and more   —  There are also forthcoming developer tools for creating new experiences.  —  Google just announced at an update coming … from Techmeme https://ift.tt/6kaCZM7