Tesla boss Elon Musk has become the first person ever to achieve a net worth of more than $500bn (£370.9bn), as the value of the electric car company and his other businesses have risen this year. The ...
The cuts will likely hit new apps and functionality the hardest, but analysts are divided on how legacy applications will fare. Oracle’s announced $1.6 billion restructuring plan is barely underway, ...
Oracle raised $18 billion in a debt offering that was upsized from an earlier $15 billion target due to strong demand, said a person familiar with the deal. The offering includes bonds maturing as far ...
The database billionaire and his son, David, are Trump favorites. The family could soon control an empire that includes CBS, Paramount, Warner, CNN and a piece of TikTok. The database billionaire and ...
Safra Catz replaced as CEO after 11-year tenure Catz credited with steering AI strategy Cloud execs Clay Magouyrk and Mike Sicilia appointed as co-CEOs New co-CEOs underscore cloud importance, ...
SINGAPORE - Funds can now track listed companies on the Singapore Exchange (SGX) more easily, thanks to two new indexes – the iEdge Singapore Next 50 Index and iEdge Singapore Next 50 Liquidity ...
A high-powered group of majority American-based investors may be set to take ownership of TikTok's U.S. operations after a convoluted yearslong bid to keep the social media app available in the United ...
Just a handful of large growth stocks can move the S&P 500. Investors may have significant exposure to the "Ten Titans" through index funds and ETFs. The "Ten Titans" could be responsible for a ...
S&P 500 touched a fresh record before reversing as traders turned cautious ahead of the Fed’s policy meeting. Profit-taking hit large-cap tech stocks after early gains, despite optimism over ...
Oracle is making a significant push into the AI sector by leasing its cloud infrastructure, a move that briefly elevated Larry Ellison to the world's wealthiest individual. Unlike competitors, Oracle ...
Elon Musk has reclaimed his title as the world's richest person after briefly losing the top spot on Wednesday to Oracle co-founder Larry Ellison. Ellison surged ahead for a few hours following a ...
Elijah Ntongai, an editor at TUKO.co.ke, has over four years of financial, business, and technology research and reporting experience, providing insights into Kenyan, African, and global trends.
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