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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…
Google founder Larry Page has long argued that companies should aim for breakthroughs rather than small improvements, a view he described as “10x” philosophy. During a 2013 TED interview, Page was asked to explain the philosophy that he lives by. “You don’t want to go into a small, measurable arena of progress,” the interview said….
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…
The five-day annual meeting of the World Economic Forum (WEF) ended on Friday, January 23. As many as 64 heads of state or government attended the event at Davos, Switzerland. The 56th Annual Meeting of the World Economic Forum convened nearly 3,000 leaders from government, business, civil society and academia under the theme “A Spirit…
Netflix co-CEO Greg Peters has rejected Paramount Skydance’s $108 billion hostile bud for Warner Bros. Discovery (WBD), calling it unrealistic without the financial backing of Oracle founder Larry Ellison. In an interview with Financial Times, Peters said Paramount’s proposal ‘doesn’t pass the sniff test’ and relies too heavily on debt and external support. He contrasted…
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…
NBA legend Larry Bird with his wife Dinah Mattingly (Image via: Getty Images) NBA Hall of Famer Larry Bird is one such player who is well known for his excellent psychological play. The Boston Celtics drafted Bird in the 1978 NBA Draft, and he played with the Celtics for 13 seasons, winning three NBA championships…
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…
