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 have to lift a finger. The selloff was brutal,
Bernard Arnault is outpacing Elon Musk and Mark Zuckerberg in wealth gain this year after signs of a rebound in luxury demand boosted LVMH stock.
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.
Zuckerberg expects to invest as much as $65 billion to further Meta’s AI ambitions, which includes a data center ‘so large it would cover a significant part of Manhattan.’
Zuckerberg expects Meta’s AI assistant — available across its services, including Facebook and Instagram — to serve more than 1 billion people in 2025.
January saw Meta, Amazon, Microsoft announce layoffs. With China growing influence in the AI space, and Donald Trump at the helm in the US, what lies ahead for the tech industry in 2025?
Explore how education shaped the world's wealthiest individuals. From Jeff Bezos' engineering degree to Elon Musk's short-lived PhD pursuit, and Mark Zuckerberg's Harvard dropout story, their academic paths reveal diverse routes to massive success.
Meta agreed to a $25 million settlement over a 2021 lawsuit President Donald Trump brought against Meta for suspending his accounts after the January 6th insurrection at the US Capitol. The Wall Street Journal was the first to report the news, and Meta spokesperson Andy Stone confirmed the settlement to The Verge.
As Elon Musk and his billionaire brethren take power in Trump’s second term, the lack of legal guardrails — and the fading power of Big Media — is becoming an existential crisis.
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.
One day after being sworn in as the 47th president of the United States, Donald Trump revealed the creation of Stargate, a company dedicated to investing $500 billion in AI infrastructure in America.
While Huang and Ellison suffered losses, other major tech billionaires’ fortunes escaped unscathed. Zuckerberg’s net worth ended the day up, gaining $4.3 billion as Meta rebounded from an early-session decline. Bezos’ wealth climbed by about $632 million.