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Oracle cofounder Larry Ellison has now seen an unprecedented $50 billion wiped off his net worth in less than forty days this year, as per Bloomberg Billionaires Index. Ellison’s fortune stood at $199 billion by Wednesday’s (February 4) close, down sharply from $247 billion at the start of January. A single-day slump of 5% in…
Oracle’s Larry Ellison believes the AI race is becoming a commodity due to shared internet data. He argues the future lies in leveraging private enterprise data, a move Oracle is heavily investing in with massive infrastructure plans. While competitors are also building enterprise AI, Oracle’s existing database dominance could be key to its success in…
Oracle is reportedly facing problems in pursuing its employees to move to its newest office in Nashville. Despite reported promises of tens of thousands of dollars in relocation incentives as well as offering a futuristic design and an in-house Nobu restaurant, the staff is refusing to move to the ‘world HQ’ that company founder Larry…
Salesforce CEO Marc Benioff recently shared the idea that pushed him to start the company. While tech giants like Google, Apple and some others trace their origins to a garage, Benioff said his multi-billion dollar empire began in the Pacific Ocean while swimming with a pod of 100 dolphins off the coast of Hawaii.. In…
Google co-founder Sergey Brin, 52, has become the world’s third richest person. According to Forbes’ Real-Time Billionaires List, Brin’s net worth grew by $4.9 billion to $255.6 billion, ranking him behind another Google co-founder Larry Page and Tesla’s Elon Musk with $277 billion and $725.3 billion, respectively. With this, Brin has surpassed Amazon founder Jeff…
Paramount Skydance’s return-to-office (RTO) policy took effect this week. As part of the return-to-office policy the employees in New York and Los Angeles offices will now have to work on-site five days a week. The return-to-office mandate was first announced by Paramount Skydance CEO David Ellison in September last year. This new policy marks a…
Oracle’s Larry Ellison believes AI’s next frontier is private enterprise data, not just public internet. He argues current models are commoditized and true value lies in securely accessing and reasoning over sensitive company information. Oracle is investing heavily, leveraging its vast database presence to become the enterprise AI backbone, facing competition from cloud rivals. Oracle…
Technology billionaires were at the forefront of the advance, with sustained enthusiasm around artificial intelligence driving gains in US mega-cap shares. (AI image) Did you know that the world’s wealthiest and richest 500 people added a whopping $2.2 trillion to their wealth in 2025? The rise was a result of powerful rallies across global markets…
Oracle co-founder Larry Ellison has stepped in to personally guarantee more than $40bn in financing for Paramount Skydance’s hostile $78bn bid for Warner Bros. Discovery. The move follows open scepticism from WBD’s board over whether the offer was fully funded and capable of closing. By putting his own wealth on the line, Ellison aims to…
Warner Brothers Discovery (WBD) has pushed back against Paramount Skydance’s $77.9 billion hostile takeover bid, telling Oracle founder Larry Ellison that his family trust is now sufficient assurance. As reported by The Wall Street Journal the company has urged the shareholders to reject Ellison-led proposal, citing financial concerns and calling Ellison himself to sign a…
