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Cloud, SaaS boost Oracle sales, but competition exacts costs

CIO Business Intelligence

In the financial services sector, Oracle signed TD Bank, Silicon Valley Bank, Societe Generale in France, and the company expects to close a deal with BNP Paribas soon, Ellison said, according to a transcript from Seeking Alpha. For example, in comparison, Microsoft reported $22.1 billion, net income plunged 54% to $2.3

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Some things Jeff Bezos can do with his $193 billion

The Verge

Forbes pegs his net worth around $193.2 For instance, last year, Bezos’ ex-wife, Mackenzie Scott, gave away $4 billion in four months — and her net worth is only a paltry $60 billion by comparison. His solution is increased wages and social safety net programs. That’s more money than most people’s brains can process!

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Why we can’t stop talking about billionaires

Vox

And the same went for Twitter founder Jack Dorsey , whose net worth more than doubled over the last year. They have grown their economic power — both their companies’ market caps and their own personal bank accounts. More net worth doesn’t always translate to more power. She ended the year much, much richer. We asked him.

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We’re all addicted to cheap stuff — and Temu knows it

Vox

But wait, there was more — if I checked out in the next 10 minutes, I could net a cool $300. In a Deutsche Bank Research survey of US consumers, almost a third said they would shop less at Walmart and Amazon because of Temu. The spinner landed on “1 more chance.” I spun again, and this time, I won $200. Just how successful is Temu?

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How effective altruism went from a niche movement to a billion-dollar force

Vox

I had asked the people at the “let’s all give our money to buy the world’s poor malaria bed nets” conference to buy me a plane ticket ? Obviously the money should go to bed nets! Along with the size of its collective bank account, EA’s priorities have also changed. Flash forward to 2021. He peaked at $25.9

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GI Partners Buys LA Telecom Hub One Wilshire » Data Center.

Data Center Knowledge

By comparison, the U.S. Bank Tower recently sold for about $260 a square foot. | High Net World HNW Magazine. The reported sale price of $437 million works out to $660 a square foot, according to the LA Times , a huge premium to recent valuations for commercial real estate in Los Angeles. WEST COAST FOR $437.5M

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24 things we think will happen in 2024

Vox

The Survey of Professional Forecasters , which pulls together estimates from economists at banks and other private-sector entities, finds that on average they put 23.2 is ultra-progressive by comparison, and it’s adorable beagles, rather than food animals, that are at the heart of the case. and 3 percent, with the median at 2.4

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