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#larryellison

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@TheBadPlace@mastodon.ozioso.online · 1d ago
qwant news | Larry’s risky business AI generated summary, Read the full article for complete information. Oracle’s founder Larry Ellison has poured the company into a massive AI bet, striking a roughly $300 billion deal with OpenAI to build bare‑metal data centres that will power the startup’s inference workloads. Unlike traditional AI players that train large foundation models, Oracle is banking on the more lucrative inference side, leveraging its enterprise software and cloud customer base to embed AI directly into its existing databases. The gamble involves huge capital outlays, high debt, and reliance on OpenAI’s uncertain ability to become profitable, while also navigating community opposition to new data‑centre construction, geopolitical risks, and mounting regulatory scrutiny. Critics warn the partnership could strain Oracle’s finances and expose it to the volatility of the broader AI bubble, even as the company hopes to lock‑in a dominant position in enterprise‑grade AI services. Read more: https://www.theverge.com/ai-artificial-intelligence/920378/oracle-openai-datacenter-buildout #LarryEllison #Oracle #OpenAI #ByteDance
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@TheBadPlace@mastodon.ozioso.online · 2d ago
qwant news | The SEIU declares war on California's tax base — and its economy AI generated summary, Read the full article for complete information. The Service Employees International Union (SEIU) is pushing the “2026 Billionaire Tax Act,” which would impose a one‑time 5 % tax on the net worth of California’s ultra‑wealthy, earmarking 90 % of the revenue for health‑care spending that directly benefits the union and its members. While the initiative has gathered enough signatures to qualify for the Nov. 3 ballot, critics argue the tax could trigger a new wave of billionaire exoduses—already seen with figures like Larry Page, Mark Zuckerberg, Sergey Brin, Larry Ellison and Peter Thiel—potentially costing the state $13 billion in personal‑income tax and up to $25 billion in broader economic revenue. The SEIU’s pursuit follows revelations of extensive Medi‑Cal fraud, yet opponents warn that the tax’s projected $100 billion revenue is unrealistic, and that wealthier residents will employ legal tactics to minimize liability, further depressing asset values and harming California’s economy for generations. Read more: https://nypost.com/2026/04/28/opinion/the-seiu-declares-war-on-californias-tax-base/ #SEIU #DaveRegan #Medi_Cal #UnitedHealthcare #LarryPage #MarkZuckerberg #SergeyBrin #LarryEllison #PeterThiel
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@wdlindsy@toad.social · Feb 01, 2026
"The Trump administration and its allies are a who's who of Jeffrey Epstein's network. Based on the latest Epstein Files, it seems personally knowing pedophile Jeffrey Epstein was a necessary job requirement to be considered for the Trump Administration." ~ Wajahat Ali #Epstein #Trump #Melania #BrettRatner #LarryEllison #NellieBowles #HowardLutnick #ElonMusk #KevinWarsh /1 https://thelefthook.substack.com/p/the-trump-administration-and-its
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@wdlindsy@toad.social · Feb 01, 2026
You name the person connected thickly to Trump, and he/she is in the files, cozying up to Epstein: Melania, Brett Ratner, pro-Trump billionaire Larry Ellison, whose nepo baby son David Ellison runs Paramount Skydance, Bari Weiss' wife, Nellie Bowles, Howard Lutnick, Elon Musk, Kevin Warsh, etc. #Epstein #Trump #Melania #BrettRatner #LarryEllison #NellieBowles #HowardLutnick #ElonMusk #KevinWarsh /2
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@DemocracyMattersALot@mstdn.social · Feb 17, 2026
#BariWeiss #CBS #LarryEllison #DavidEllison #UnivOfAustin #USPol
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@SrRochardBunson@universeodon.com · Mar 31, 2026
@Ulrich_the_elder@thecanadian.social 🎯 I had to make sure that the evidence was on the peertube, but Larry Ellison spilled the beans. They want the panopticon & the whole "gen-AI" congame was a cover for that. https://communitymedia.video/w/bSKBRDAnpoDkFp2VD48abC #LarryEllison #Oracle #panopticon #AI #surveillance
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@wendythedruid@thistlenfern.org · Mar 04, 2026
@zackwhittaker@mastodon.social That is utter and total bullshit. I moved all my short video content off onto our loops instance and peertube instances (https://loops.thistleandmoss.org / https://video.thistleandmoss.org ) for a reason. TikTok Running on Oracle infra is not something I can actively trust. Saying they wont encrypt DMs, just furthers that belief. Fuck you #LarryEllison.
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@drrjv__dup_31966@vmst.io · Feb 18, 2026
%Billionaires Gone Wild A few stories about centibillionaires — men whose net worth exceeds $100 billion — and their role in our society: · In 2022 Elon #Musk, the richest man in the world, purchased Twitter. Since then he has turned the platform into a racist cesspool, overrun by literal Nazis. · Last year #Skydance Media, run by #DavidEllison — the son of #LarryEllison, the world’s 6th richest man — acquired #Paramount, which includes #CBS. The new management put #BariWeiss, a conservative pundit with no relevant experience, in charge of CBS News. https://paulkrugman.substack.com/p/billionaires-gone-wild #ellison #plutocracy
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@usa@murica.website · Jan 28, 2026
After years of bipartisan attacks on TikTok and its parent company ByteDance, which for a time included an effort to potentially ban the social media app in the U.S., a new U.S. TikTok spinoff has been announced, set to be owned and overseen by a tight-knit consortium of tech and financial megabillionaires, many of whom have had direct business relationships with Trump and members of his… Source This post has been syndicated from Truthout, where it was published under this address.
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