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Tag: Ellison

Former FTX executive, Sam Bankman-Fried’s ex-girlfriend Caroline Ellison faces sentencing

Caroline Ellison, a former top executive at Sam Bankman Freed's fallen cryptocurrency empire FTX, was convicted of fraud on Tuesday and could face several years in prison, but prosecutors said she should receive leniency because of her “exceptional cooperation” in investigating the company. Ellison, 29, pleaded guilty nearly two years ago and testified against Bankman-Freed […]

Oracle’s Larry Ellison becomes world’s third-richest person

Oracle co-founder Larry Ellison on Tuesday became the world's third-richest person with a net worth of $203.9 billion, surpassing Mark Zuckerberg and Bernard Arnault, according to Forbes magazine. Earlier on Tuesday, Ellison briefly surpassed Amazon's Jeff Bezos before dropping back down to third place. According to Forbes, Bezos has a net worth of $206.4 billion, […]

Oracle Co-Founder Larry Ellison Hopes for AI-Powered Surveillance Hellscape to Keep Americans on ‘Best Behavior’

Oracle co-founder and billionaire Larry Ellison believes artificial intelligence will enable mass surveillance systems that can monitor citizens to make sure they are on their “best behavior”. Business Insider Reports At a recent Oracle conference with financial analysts, Larry Ellison shared his thoughts on the future of AI-powered surveillance tools, describing a world in which […]

Sam Bankman-Fried’s ex-lover Caroline Ellison begs to stay out of jail for FTX fraud

Caroline Ellison, the ex-girlfriend of convicted crypto fraudster Sam Bankman Freed, has asked a federal judge not to send her to prison for stealing $8 billion from clients of the bankrupt FTX exchange. In a court filing just before midnight on Tuesday, Ellison's lawyers told U.S. District Judge Lewis Kaplan in Manhattan that the former […]

Larry Ellison will control majority of Paramount as result of Skydance deal

Billionaire technology and media mogul Larry Ellison will control more than two-thirds of both companies in a megamerger underway between conglomerates Paramount and National Amusements and film production company Skydance. Ellison has reportedly invested more than $6 billion in the deal, which will give him control of just over 77% of National Amusements, Bloomberg reports. […]

Larry Ellison will control Paramount after Skydance deal: filing

Tech billionaire Larry Ellison will reportedly take control of CBS parent company Paramount Global after Skydance Media completes its acquisition of the Redstone family's stake in the film and TV company. According to a filing with the Federal Communications Commission, the Oracle co-founder will own 77.5% of National Amusements, Paramount's controlling shareholder, through a trust […]

Tim Walz’s Attorney General, Keith Ellison, Celebrates Brazil Banning X

Minnesota Attorney General Keith Ellison, whose state is governor is Tim Walz, vice presidential candidate Kamala Harris, on Monday celebrated Brazil's Supreme Court's decision to ban Elon Musk's X from Brazil. In a Labor Day post by X, Keith Ellison commented on the ban saying, “Obligado Brasil!” (Thank you, Brazil!). Thank you Brazil! — Keith […]