Financial Times:
How Larry Ellison, briefly the world's richest man, and Oracle CEO Safra Catz capitalized on the AI boom and vaulted Oracle into contention with industry giants  —  Tech billionaire capitalised on the AI boom to briefly claim the title of world's richest person

Everyone’s favorite CEO, Warner Bros. Discovery head David Zaslav, thinks HBO Max is ripe for a price hike. Speaking at the Goldman Sachs Communacopia and Technology Conference (doesn’t that sound like a fun time?) Zaslav argued that his company’s premium output can command a premium price. “The fact that this is quality — and that’s […]

Bloomberg:
Vantage Data Centers raised $1.6B from GIC and the Abu Dhabi Investment Authority to expand in APAC, including the acquisition of a Malaysian data center campus  —  Vantage Data Centers has secured a $1.6 billion investment to help expand its business in the Asia-Pacific region …

Vas Panagiotopoulos / Wired:
Atlantic Council: the number of US-based investors in spyware companies nearly tripled in 2024 to 31, compared to just 11 in 2023, topping Israel's 26 investors  —  A new report warns that the number of US investors in powerful commercial spyware rose sharply in 2024 and names new countries linked to the dangerous technology.

Bloomberg:
Blockchain-based lender Figure and some of its backers raised $787.5M in a Nasdaq IPO, selling 31.5M shares at $25 each, valuing the credit company at ~$5.3B  —  Blockchain-based credit company Figure Technology Solutions Inc. and some of its backers raised $787.5 million in an initial public offering …