US tech titans Elon Musk, Mark Zuckerberg and Jeff Bezos are taking a prominent place in the new Trump era, but another player from another era -- Oracle boss Larry Ellison -- is making a surprise return.
What is Larry Ellison's net worth in 2025? What are the secrets behind the 80-year-old from New York City, who is currently considered the second-wealthiest man in the world behind
When you’re the world’s third-richest man – according to Forbes – with a net worth of $209 billion, buying real estate for price tags that would be shocking to most is just another day at the office for Oracle founder Larry Ellison.
As TikTok faces a potential ban, various bidders, including Elon Musk and Larry Ellison, are seen as suitors to buy the platform. Netflix is a possible option among streaming giants, though the company has not historically pursued major acquisitions.
As the clock ticks down on TikTok's 75-day reprieve from divesting from its Chinese owners or being banned in the United States, several contenders are in the running.
The sell-off was triggered by Chinese AI developer DeepSeek, whose model requires less than $6 million worth of computing power from Nvidia H800 chips.
On Monday, the global tech market took a significant hit, with the collective wealth of the world’s 500 richest individuals plummeting by $108 billion. The primary driver of this loss was a sudden market shift triggered by DeepSeek,
Nvidia's Huang, Oracle's Ellison and ex-Binance CEO CZ were hit hard, though Meta's Zuckerberg and Amazon's Bezos escaped unscathed The world's 500 richest people, led by Nvidia Corp. co-founder Jensen Huang,
A tech selloff led by Chinese AI developer DeepSeek erased $108 billion from the wealth of the world’s richest, with Nvidia’s Jensen Huang losing $20.1 billion. Despite losses, some like Zuckerberg and Bezos saw their fortunes rise significantly amid the AI boom.
The Silicon Valley is rife with rich and powerful men who have a philosophical commitment to "longtermism" which entails re-engineering the human organism. An expert in existential risk says we shouldn't dismiss the "dangerous" ideologies linked to this view of the future.
The S&P500 and the Nasdaq Composite declined as investors questioned America's AI dominance after DeepSeek launched its free AI chatbot.
DeepSeek's emergence has raised doubts about the reasoning behind some US tech companies' decision to pledge billions of dollars in AI investment, and shares of several big tech players have been hit.