Larry Ellison becomes the world's richest person for the first time, at $393B, overtaking Elon Musk at $385B, as Oracle's stock jumps 40%+ after beating Q1 est.
Larry Ellison has become the world's richest person for the first time, ending Elon Musk's nearly year-long reign in the top spot.
One defective CrowdStrike update for Windows breaking global systems resurfaces concerns about Microsoft's monopoly in government and enterprise IT systems
Reeling from CrowdStrike-related outages, Delta has canceled 5,000+ flights, including 1,384 on Sunday and 700+ for Monday so far, according to FlightAware
Delta Air Lines (DAL.N) struggled to restore normal operations on Sunday after last week's crippling global cyber outage …
Microsoft estimates that CrowdStrike's update affected 8.5M Windows devices, or less than 1% of all Windows machines
On July 18, CrowdStrike, an independent cybersecurity company, released a software update that began impacting IT systems globally. Although this was not a Microsoft incident …
John Walker, a computer programmer and co-founder of 3D design software maker Autodesk, died on February 2 at the age of 75
John Walker, a computer programmer and co-founder of 3D design software maker Autodesk, died on February 2 at the age of 75
Very sad news on the passing on John Walker, programmer and co-founder of AutoDesk. His contributions to our industry, the rise of the PC, and the modern industrialization of nearl...
Sources: WeWork, once valued at $47B, plans to file for Chapter 11 bankruptcy as early as next week; WE drops 50%+
Wall Street Journal :
The UK CMA says it will not accept new remedies from Microsoft over Activision but would consider a restructured deal, which may require a fresh investigation
Britain's competition regulator said on Wednesday that a new restructured Microsoft-Activision deal could require a fresh merger investigation.
A US court denies the FTC's preliminary injunction bid to stop Microsoft's Activision deal, as the FTC “has not shown it is likely to succeed” in showing harm
Report: Binance General Counsel Han Ng, Chief Strategy Officer Patrick Hillmann, and compliance SVP Steven Christie quit over CZ's response to the DOJ's probe
- Top executives at Binance resigned this week over CEO Changpeng Zhao's handling of regulatory investigations into the company, Fortune reported, citing sources. Source: Fortune .
Report: Binance GC Han Ng, Chief Strategy Officer Patrick Hillmann, and compliance SVP Steven Christie are leaving Binance over CZ's response to the DOJ's probe
- Top executives at Binance resigned this week over CEO Changpeng Zhao's handling of regulatory investigations into the company, Fortune reported, citing sources. Source: Fortune .
A Pixel Fold reviewer says the device's flexible OLED screen died after four days of light use, starting at the bottom and moving upwards, likely due to debris
The closed display halves almost touch, and that can smash debris into the screen. — A flame that burns twice as bright burns half as long.
Reddit's management risks putting the company in a death spiral as users revolt, dedicated moderators quit, and its vibrant discussions move to other platforms
In a first, Larry Ellison passes Bill Gates to become the world's fourth-richest person with a $129.8B net worth; ORCL has risen 42% in 2023 on the AI boom
The optimism around artificial intelligence boosted both Oracle Corp.'s stock — and founder Larry Ellison's net worth — to record highs on Monday.
Reddark: thousands of subreddits are going dark in protest after Reddit CEO Steve Huffman's remarks on API changes in an AMA on June 9
The version of Reddit we'll see over the next few days may be a shell of itself. More than 100 subreddits have already gone dark …
In an AMA on Reddit's API changes, CEO Steve Huffman says the company can no longer “subsidize commercial entities”, criticizes the Apollo developer, and more
Karissa Bell / Engadget :
Reddark: over 100 subreddits have gone dark in protest after Reddit CEO Steve Huffman's remarks on API changes in an AMA on June 9, and thousands plan to follow
The version of Reddit we'll see over the next few days may be a shell of itself. More than 100 subreddits have already gone dark …
In an AMA on API changes, Reddit CEO Steve Huffman says the company can't “subsidize commercial entities”, criticized the Apollo developer's behavior, and more
“We'll continue to be profit-driven until profits arrive,” he said. — Reddit CEO Steve Huffman has finally spoken publicly …
OpenAI and DeepMind executives, Geoffrey Hinton, and 350+ others sign a statement saying “mitigating the risk of extinction from AI should be a global priority”
and says computer scientists need ethics training Brian Fung / CNN : AI industry and researchers sign statement warning of ‘extinction’ risk Alka Jain / Livemint : Industry leaders...
OpenAI and DeepMind execs, Geoffrey Hinton, and 350+ others release a statement saying “mitigating the risk of extinction from AI should be a global priority”
Leaders from OpenAI, Google Deepmind, Anthropic and other A.I. labs warn that future systems could be as deadly as pandemics and nuclear weapons.