The world’s richest man, Elon Musk, has praised tech industry leaders Larry Ellison, Jeff Bezos, and even Larry Page, as among the smartest people he knows. “Larry Ellison is very smart,” Musk said on the “Verdict” podcast hosted by Senator Ted Cruz, referring to the Oracle cofounder. “I will say Larry Ellison is one of…
Larry Ellison, Oracle Co-Founder And One Of Richest Men In The World, Saw His Net Worth Dip $22.6 Billion In One Day Due To DeepSeek Selloff Larry Ellison, the Oracle (NYSE:ORCL) co-founder and one of the richest people on the planet, watched $22.6 billion disappear in a single day on January 27—and he didn’t even…
Instagram added a new short-form video feature to the image-focused platform in a direct challenge to TikTok. Chris Delmas | AFP | Getty Images Meta is offering deals to creators to promote Instagram on other short-form video apps, including TikTok, Snapchat and YouTube, CNBC has learned. With the TikTok app not currently available for download…
WASHINGTON (AP) — President Donald Trump’s first week in office isn’t over yet, but already it offers signals about how his next four years in the White House may unfold. Some takeaways from the earliest days of his second term: He’s emboldened like never before Within hours of being sworn in, Trump pardoned more than…
Nasdaq futures (NQ=F) are jumping this morning after President Trump announced Stargate, a push to help support AI growth in the United States. Among the big companies involved in the project are OpenAI, Oracle (ORCL), and SoftBank (SFTBY). One stock that is soaring is Netflix (NFLX). The streamer reported fourth quarter results that handily beat…
The TikTok short form video hosting service logo is seen on a mobile device in this illustration photo taken in Warsaw, Poland on 17 July, 2024. Jaap Arriens | Nurphoto | Getty Images President Donald Trump said on Tuesday that he’d consider the possibility of Tesla CEO Elon Musk or Oracle Chairman Larry Ellison purchasing…
We have selected seven stories from this week’s news across Hong Kong, mainland China, the wider Asia region and beyond that resonated with our readers and shed light on topical issues. If you would like to see more of our reporting, please consider subscribing. 1. US launches trade investigation into China’s ‘legacy’ chips The White…
Topline Amazon founder Jeff Bezos overtook Oracle co-founder and chief technology officer Larry Ellison as the second richest person in the world on Forbes’ real-time billionaires rankings, behind Elon Musk, after shares of Amazon jumped Friday. Jeff Bezos in New York City in 2021. (Photo by Michael M. Santiago/Getty Images) Getty Images Key Facts Shares…
In This Story Elon Musk is the richest person on the planet right now. That’s probably part of why he’s fine with former President Donald Trump’s economic plans causing, in his words, “temporary hardship” in the pursuit of a healthier economy years down the road. Audiences will be major beneficiaries of AI in the media…
Tesla CEO and X owner Elon Musk speaks during an unveiling event for Tesla products in Los Angeles, California, U.S. October 10, 2024 Source: Tesla | Youtube Tesla CEO Elon Musk, already the world’s richest person, added another $26 billion in paper wealth on Thursday after his company’s stock had its biggest rally since 2013….