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submitted 4 months ago* (last edited 4 months ago) by yogthos@lemmy.ml to c/economics@lemmy.ml

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[–] Palacegalleryratio@hexbear.net 5 points 4 months ago

Oracle turning something to shit? Open AI being a Ponzi scheme? I’m not exactly shocked at these revelations.

[–] PanArab@lemmy.ml 3 points 4 months ago (1 children)

Larry Ellison still has too much money

[–] Palacegalleryratio@hexbear.net 2 points 4 months ago

mega-rich-light-bending-guy yeah a centi-billionaire. Very good guy I’m sure. He seems to burn through wives too… which is a red flag.

Anyway, I wish all billionaires a happy illegal-to-say

[–] firebreathingduck@social.vivaldi.net 2 points 4 months ago (1 children)

@yogthos the headline is misleading, Oracle's market cap just dropped 374 billion since the announcement.

I was hoping Oracle was going to lose 74 billion in net income. No such luck.

[–] yogthos@lemmy.ml 2 points 4 months ago

it's what FT had originally, looks like they've updated it