A handful of American finance and tech tycoons are gearing up for multi-billion bids to buy TikTok after President Joe Biden signed an act which will force its Chinese owners to sell the app. The Wall Street and Silicon Valley figures are led by Steven Mnuchin, the former treasury secretary who has openly said he … Read more
Elon Musk’s SpaceX and Larry Ellison’s Oracle are joining forces to develop a farming-centric AI tool that will come in handy for planning and predicting agricultural output. During Oracle’s earnings call earlier this week, Ellison announced that the computer technology company will be teaming up with Musk-led SpaceX. This collaboration will aim at developing an … Read more
Elon Musk’s alleged drug use led Larry Ellison to invite the fellow billionaire to dry out at the Oracle co-founder’s Hawaii estate, according to a report. Ellison, a Tesla board member, reached out to the Tesla boss in the winter of 2022 as concerns grew from others on the board about Musk’s behavior, the Wall … Read more
The world’s five wealthiest individuals have reportedly doubled their fortunes, amassing unprecedented wealth, even as the plight of the poorest segments of society worsens. The collective fortunes of the five richest men in the world — Elon Musk, Jeff Bezos, Bernard Arnault, Larry Ellison and Mark Zuckerberg have surged to an astounding £681.5 billion since … Read more
So Gary did it. The famously crypto-hating chairman of the Securities and Exchange Commission, the man who so reviles digital coins that he called the market the “Wild West” of investing, filled with looters, drug dealers and con artists, took a giant step last week toward mainstreaming crypto as an asset class. On Wednesday, the … Read more
