New CFO of Oracle received $26M in stock following layoffs, employee claims ‘algorithm’ prioritized workers with stock options first.
Recently, Oracle made headlines after it let go of around 30,000 employees via a rather abrupt email at 6 a.m. Following that, they announced a significant move by hiring Hilary Maxson as the new chief financial officer, who comes with a hefty $26 million stock package. In the wake of these layoffs, some former employees […]
Tony Southampton plans to purchase a $26M beachfront mansion only to demolish it.
Town Looks to Purchase Luxury Mansion for Public Beach Access In an upscale Long Island town, officials are considering a nearly $26 million purchase of a luxury 11-bedroom oceanfront mansion, which they plan to demolish. This initiative aims to provide residents access to a public beach along a 472-foot stretch of waterfront on Meadow Lane. […]
Strategy acquires $26M in Bitcoin as prices drop due to geopolitical concerns.
Michael Saylor’s Bitcoin Strategy Amid Geopolitical Tensions Michael Saylor, the leading investor in Bitcoin globally, recently shared updates on his latest BTC purchases, coinciding with a dip in cryptocurrency values due to rising geopolitical issues last week. In the week ending Sunday, Saylor’s strategy acquired 245 Bitcoin for approximately $26 million, as detailed in a […]
More than $26M has poured into this toss-up NY Congressional race — making it the costliest in the state
More than $26 million has been poured into the battleground 19th Congressional District race between Republican Rep. Mark Molinaro and Democrat Josh Riley, the most in New York and the seventh-most in the nation. It has become an election. Molinaro, a first-term congressman who narrowly defeated Riley in 2022 to become an upstate representative, pointed […]