Berkshire Hathaway’s (BRK.B) annual meeting has been called the “Woodstock for capitalists.” For tech giant Apple (AAPL), its Worldwide Developers Conference is on the same level — just for a different crowd. WWDC is generally where Apple introduces new products, software and innovations to the general public. Investors didn’t see anything of interest — no iPhone 6, no iWatch, no Beats by Dre news — but there was plenty of cool stuff if you’re a Mac-head. Here’s Brad Moon with details on what’s new at WWDC 2014.
TechCrunch (Catherine Shu): Or, maybe you’d prefer to hear all about the WWDC — from OS X to Tim Cook ripping on Android — via a catchy song.
Vox (Nilay Patel): Speaking of that Android rip, Apple hates Google (GOOG). Hates it. Wants it to die.
American Enterprise Institute (Mark J. Perry): While Uber and the sharing economy might be great, they’re also killing a once-lucrative investment: taxi cab medallions.
STA Wealth Management (Lance Robert): So those first-quarter earnings were great, right? No so fast, my friend.
Naked Capitalism (Yves Smith): Also firmly in the bad news category: People are starting to use their homes as ATMs again. Helocs are back! And that’s very, very bad.
WSJ (Rob Copeland, Ryan Dezember and Juliet Chung): It’s getting just so hard to be a hedge fund manager. KKR (KKR) shuts down its operations.
DealBook (Andrew Ross Sorkin): The buyout boom is still going on. Is the Valeant (VRX)-Allergan (AGN) about drug innovation, or just money?
Quartz (Matt Phillips): Crypto-currency fans, rejoice! Bitcoin is no longer the worst investment in the world. Iron ore investors, here is your tissue.