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With TikTok Deal, Larry Ellison Eyes Media Dominance

September was life-changing for 81-year-old billionaire entrepreneur Larry Ellison and his family. After announcing that his flagship database software company, Oracle, had a backlog of orders amounting to nearly $100 billion on red-hot demand for artificial intelligence, as well as announcing several other multi-billion-dollar contracts with companies including OpenAI, Nvidia, …

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US government shutdown enters second week

A stop sign is seen in front of the US Capitol — where talks to repoen the federal government have seen little progress. Photo: Alex WROBLEWSKI / AFP/FileSource: AFP The US government shutdown entered its second week on Monday, with no sign of a deal between President Donald Trump’s Republicans …

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How European Corporates Are Redefining Capital Market Strategy

The first half of 2025 marked a decisive shift from balance-sheet defence to strategic deployment, with issuance patterns reflecting not just a recovery in confidence but a deliberate repositioning of funding models. European investment-grade corporate bond issuance exceeded €100 billion in May 2025, up 22% year on year and the …

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OpenAI and Jony Ive may be struggling to figure out their AI device

OpenAI and Jony Ive face significant technical challenges as they work to develop a screen-less, AI-powered device, according to the Financial Times. Back in May, OpenAI acquired io, the device startup founded by the legendary Apple designer with OpenAI CEO Sam Altman, for $6.5 billion. At the time, Altman declared …

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