Larry Ellison's net worth increased to over $217 billion, driven by Oracle's strong 2024 stock performance.
confirmed 1 article 2024-12-29
Larry Ellison Oracle
Opimas estimates that only 0.003% of global asset value is tokenized.
confirmed 1 article 2024-12-29
Opimas tokenized assets 0.003% of global asset value
RWA.xyz estimates the total value of tokenized real-world assets, excluding stablecoins, is $13B, as Opimas says just 0.003% of global asset value is tokenized
Bloomberg · 2024-12-29 · #20
Oracle's shares rose about 63% in 2024, marking the company's largest stock rally since 1999 and the dot-com boom.
confirmed 1 article 2024-12-29
Oracle
RWA.xyz estimates the total value of tokenized real-world assets, excluding stablecoins, is $13 billion.
confirmed 1 article 2024-12-29
RWA.xyz tokenized real-world assets (excluding stablecoins) $13 billion
RWA.xyz estimates the total value of tokenized real-world assets, excluding stablecoins, is $13B, as Opimas says just 0.003% of global asset value is tokenized
Bloomberg · 2024-12-29 · #20
Larry Ellison's net worth increased to over $217 billion in 2024, driven by Oracle's stock gains.
confirmed 1 article 2024-12-28
Larry Ellison
Oracle's shares are up ~63% in 2024, lifting Larry Ellison's net worth to $217B+, as the company enjoyed its biggest stock rally since 1999 and the dot-com boom
CNBC · 2024-12-28 · #12
Justin Sun invested $30 million in the Trump family-backed crypto project World Liberty Financial.
confirmed 1 article 2024-12-28
Justin Sun World Liberty Financial
A profile of Tron founder Justin Sun, who wants to be the “Elon Musk of the crypto world” and advises the Trump-backed crypto project World Liberty Financial
Wall Street Journal · 2024-12-28 · #21
Forecasts suggest EVs could become pricier in 2025.
rumored 1 article 2024-12-28
Electric vehicles EVs
What to expect in 2025: increased hype around AI agents, new generative AI-powered gadgets, better weather forecasts due to Google DeepMind's GenCast, and more
Wall Street Journal · 2024-12-28 · #11
Predictions state crypto will become more common among everyday investors.
rumored 1 article 2024-12-28
Crypto everyday investors
What to expect in 2025: increased hype around AI agents, new generative AI-powered gadgets, better weather forecasts due to Google DeepMind's GenCast, and more
Wall Street Journal · 2024-12-28 · #11
Bench, a bookkeeping startup, closed down effective immediately and abruptly ceased operations.
confirmed 1 article 2024-12-28
Bench
Bookkeeping startup Bench, which raised $100M+ including from Shopify, closes down effective immediately; several employees say Bench also laid off staff
The Information · 2024-12-28 · #23
Larry Ellison gained roughly $75 billion in paper wealth during 2024 as Oracle's stock rose.
confirmed 1 article 2024-12-28
Larry Ellison
Oracle's shares are up ~63% in 2024, lifting Larry Ellison's net worth to $217B+, as the company enjoyed its biggest stock rally since 1999 and the dot-com boom
CNBC · 2024-12-28 · #12
Oracle's shares rose about 63% in 2024, marking the company's biggest stock rally since 1999 and the dot-com boom.
confirmed 1 article 2024-12-28
Oracle
Oracle's shares are up ~63% in 2024, lifting Larry Ellison's net worth to $217B+, as the company enjoyed its biggest stock rally since 1999 and the dot-com boom
CNBC · 2024-12-28 · #12
Oracle's cloud computing business grew in 2024, reportedly adding major customers including Meta and OpenAI.
confirmed 1 article 2024-12-28
Oracle Meta OpenAI
Oracle's shares are up ~63% in 2024, lifting Larry Ellison's net worth to $217B+, as the company enjoyed its biggest stock rally since 1999 and the dot-com boom
CNBC · 2024-12-28 · #12
Observers speculated that Bench's investors or counsel might sell the company's assets and brand to recover funds.
rumored 1 article 2024-12-28
Bench investors Bench assets
Bookkeeping startup Bench, which raised $100M+ including from Shopify, closes down effective immediately; several employees say Bench also laid off staff
The Information · 2024-12-28 · #23
Sydney-based Sitemate raises AU$27.5M in a Series A round at an approximate AU$150M valuation; Sitemate offers no-code software tools for industries such as infrastructure and utilities.
confirmed 1 article 2024-12-28
Sitemate
Sydney-based Sitemate, which offers no-code software tools for industries like infrastructure and utilities, raised a AU$27.5M Series A at a ~AU$150M valuation
Forbes Australia · 2024-12-28 · #24
Bench had raised over $100M (reported $104M total), including investment from Shopify; last round was $60M in 2021.
confirmed 1 article 2024-12-28
Bench Shopify
Bookkeeping startup Bench, which raised $100M+ including from Shopify, closes down effective immediately; several employees say Bench also laid off staff
The Information · 2024-12-28 · #23
OpenAI will restructure as a public benefit corporation and its nonprofit arm that controls the organization would receive shares in the new company, with the shares valued by independent financial advisors.
confirmed 1 article 2024-12-27
OpenAI non-profit arm public benefit corporation independent financial advisors
OpenAI says its non-profit arm would receive shares in the new public benefit corporation at a valuation determined by independent financial advisors
New York Times · 2024-12-27 · #2
Microsoft and OpenAI are reportedly wrangling over Microsoft's stake in OpenAI's for-profit entity.
rumored 1 article 2024-12-27
Microsoft OpenAI OpenAI for-profit entity stake
Source: Microsoft and OpenAI wrangle over Microsoft's stake in the for-profit entity, use of OpenAI's IP, continued collection of 20% of OpenAI's revenue, more
The Information · 2024-12-27 · #6
MIRA reached an $80M market capitalization before subsequently falling.
confirmed 1 article 2024-12-27
MIRA $80M market cap
Memecoin MIRA, created to fund research into a brain tumor affecting tech CEO Siqi Chen's daughter, hit an $80M market cap before falling as Chen began selling
The Block · 2024-12-27 · #13
MIRA's price fell after Siqi Chen began selling his holdings in the memecoin.
confirmed 1 article 2024-12-27
Siqi Chen MIRA
Memecoin MIRA, created to fund research into a brain tumor affecting tech CEO Siqi Chen's daughter, hit an $80M market cap before falling as Chen began selling
The Block · 2024-12-27 · #13
Video game executives say that making cinematic, hyperrealistic games has become so expensive and time-consuming that additional investment in graphics yields diminishing financial returns.
rumored 1 article 2024-12-27
Video game executives cinematic games high-end graphics
Video game executives say making cinematic games is getting so expensive and time-consuming that investing in graphics is providing diminished financial returns
New York Times · 2024-12-27 · #8
Jason Murphy contends that the trend supports a stronger case for indie games, which can avoid the high costs of cinematic AAA production.
rumored 1 article 2024-12-27
Jason Murphy indie games
Video game executives say making cinematic games is getting so expensive and time-consuming that investing in graphics is providing diminished financial returns
New York Times · 2024-12-27 · #8
Davis has spent over 20 years helping Musk cut costs.
confirmed 1 article 2024-12-27
Steve Davis Elon Musk
A profile of Boring Company President and key Elon Musk deputy Steve Davis, who has spent 20+ years helping Musk cut costs and now helps recruit staff at DOGE
Bloomberg · 2024-12-27 · #14
Dare Obasanjo estimates AAA game development costs between $50–$300 million and notes the AAA industry has shrunk post-COVID while competing for user attention with streaming, TikTok, and perennial titles.
rumored 1 article 2024-12-27
Dare Obasanjo AAA game development streaming TikTok perennial games (e.g., Roblox, Fortnite)
Video game executives say making cinematic games is getting so expensive and time-consuming that investing in graphics is providing diminished financial returns
New York Times · 2024-12-27 · #8
Vacancy rates at US open-air shopping centers have fallen to their lowest levels in nearly two decades.
confirmed 1 article 2024-12-27
US open-air shopping centers
US open-air shopping center vacancies drop to historically low levels, defying forecasts of a retail apocalypse caused by e-commerce, which has ~16% of US sales
Financial Times · 2024-12-27 · #10
E-commerce accounts for approximately 16% of US retail sales.
confirmed 1 article 2024-12-27
e-commerce US retail sales
US open-air shopping center vacancies drop to historically low levels, defying forecasts of a retail apocalypse caused by e-commerce, which has ~16% of US sales
Financial Times · 2024-12-27 · #10
Brian Reynolds states it is far cheaper to improve a game's fun factor than to invest in hyperrealistic graphics and extensive voice-acted cinematics.
rumored 1 article 2024-12-27
Brian Reynolds game fun/design hyperrealistic graphics voice-acted cinematics
Video game executives say making cinematic games is getting so expensive and time-consuming that investing in graphics is providing diminished financial returns
New York Times · 2024-12-27 · #8
Microsoft is aiming to monetize its AI investments by bundling Copilot into Microsoft 365 and increasing subscription prices.
confirmed 1 article 2024-12-27
Microsoft AI investments Copilot Microsoft 365
Microsoft adds Copilot to Microsoft 365 in Australia and Southeast Asia and raises 365's price, a sign of how it aims to turn a profit from its AI investments
Wall Street Journal · 2024-12-27 · #21
The decline in open-air shopping center vacancies defies forecasts of a retail apocalypse attributed to the rise of e-commerce.
confirmed 1 article 2024-12-27
US open-air shopping centers predicted retail apocalypse
US open-air shopping center vacancies drop to historically low levels, defying forecasts of a retail apocalypse caused by e-commerce, which has ~16% of US sales
Financial Times · 2024-12-27 · #10
Advantest CEO Doug Lefever discusses AI chip demand, China, and other topics in an interview.
confirmed 1 article 2024-12-27
Doug Lefever Advantest AI chip demand China
Advantest CEO Doug Lefever, whose company is the largest provider of chip testing machines, on AI chip demand, China, and more; Advantest's stock is up 95%+ YTD
Financial Times · 2024-12-27 · #20
Advantest's stock is up more than 95% year-to-date.
confirmed 1 article 2024-12-27
Advantest
Advantest CEO Doug Lefever, whose company is the largest provider of chip testing machines, on AI chip demand, China, and more; Advantest's stock is up 95%+ YTD
Financial Times · 2024-12-27 · #20