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Rich Warren | Consolidation rules the cellphone industry | Science-technology

Once, you could have any telephone, as long as it was black.

Subsequently, the original AT&T (a distant relation to the current AT&T) and GTE charged extra for colors and more fashionable designs.

Now, manufacturers beguile us with smartphones loaded with every conceivable feature. Smartphones replace nearly all nonprofessional cameras and dedicated navigation systems.

A few manufacturers teamed up with famed camera companies, such as Sony and Nokia with Ziess and OnePlus with Hasselblad.

This resembles famous audio brands appearing in automobiles. While various audio companies contribute varying degrees of expertise or certain parts to automotive sound systems, they do

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Warren Buffett Says This Is When the Best Leaders Should Retire. (There’s Just 1 Little Catch)

Let’s talk about Warren Buffett. He’s 90 years old, and he’s been the CEO and chairman of Berkshire Hathaway for more than 50 years.

It’s probably fair to assume he’ll never retire, as long as he stays healthy. He made that pretty clear last year. Same goes for vice chairman Charlie Munger, still going strong at age 98.

But that doesn’t mean Buffett has never opined on when might be the right time to step down. And he’s certainly given indications of when he thinks other people should retire — both his “all-star” managers, and ordinary humans like you or

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