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Elon Musk praises Jeff Bezos and tech leaders for their intelligence

Elon Musk has praised tech leaders Larry Ellison, Jeff Bezos, and Larry Page as some of the smartest individuals he knows, highlighting their significant achievements. Musk noted that intelligence is measured by tangible accomplishments, specifically mentioning Bezos' impactful work despite their long-standing rivalry. Recently, their relationship appears to have softened, with Musk sharing memes suggesting a reconciliation.

bnp paribas extends title sponsorship of indian wells masters through 2029

BNP Paribas has renewed its title sponsorship of the BNP Paribas Open tennis tournament through 2029, solidifying its position as the longest-running title sponsor in the event's history since starting in 2009. The partnership, highlighted by the annual $20,000 BNP Paribas Open Scholarship for local high school students, reflects the tournament's growth and its impact on the Coachella Valley economy. The event continues to attract top players and large crowds, bolstered by significant investments from owner Larry Ellison since 2009.

tech moguls navigate political landscape amid shifting alliances with trump

Warren Buffett, the fifth-wealthiest American, has publicly criticized President Trump's tariff policies, warning they could lead to inflation, contrasting with other billionaires who have aligned with the administration. While Buffett advocates for responsible tax use and economic stability, figures like Elon Musk and Jeff Bezos have shifted their stances to foster better relations with Trump. Buffett's remarks suggest he is cautious about the potential impacts on his investments during Trump's second term.

deepseek's rise costs tech billionaires over 90 billion this year

DeepSeek's rise has cost tech billionaires significantly, with Elon Musk losing $90 billion, followed by Jensen Huang and Mark Zuckerberg, who lost $20 billion and $11 billion, respectively. The AI startup's success led to a $600 billion drop in Nvidia's market value, marking one of the largest declines in US stock history. Despite the financial fallout, Huang praised DeepSeek for its innovation and impact on global enthusiasm for AI, while major clients like Meta, Amazon, Google, and Microsoft plan to invest $320 billion in AI and data centers.

musk and altman feud escalates amid openai's transformation and political ties

Elon Musk's ongoing feud with OpenAI CEO Sam Altman intensified after Musk's failed $97 billion bid to acquire the company, which he co-founded. Musk has criticized OpenAI for straying from its original mission of prioritizing public good, while Altman argues that going private was necessary for growth. The rivalry has escalated amid political developments and Musk's launch of his own AI venture, xAI, which has yet to rival OpenAI's dominance.

buffett's growing interest in japan presents opportunity for economic reform

Warren Buffett's increased investment in Japan's trading houses offers a rare boost for Prime Minister Shigeru Ishiba's struggling government, yet it highlights a lack of broader economic reforms. While Buffett opts for established conglomerates, SoftBank's Masayoshi Son champions disruptive tech investments, underscoring Japan's need for a vibrant startup ecosystem. Without significant policy changes to attract more foreign capital, the potential for transformative growth remains unfulfilled.

deepseek disrupts ai landscape as us dominance faces new challenges

Crypto.com has launched a sports event trading product across all 50 states, despite the Commodity Futures Trading Commission's request to suspend its sports markets. This move, alongside Kalshi's similar offerings, tests the regulatory boundaries of online prediction markets amid a changing political landscape. Meanwhile, Elon Musk faces backlash for criticizing a project backed by Trump, while former CNN anchor Don Lemon expands his lawsuit against Musk and X, alleging defamation and breach of contract.

bidders emerge for tik tok as potential sale deadline approaches

The race to acquire TikTok intensifies as ByteDance faces a mandated sale to a US buyer or a ban. Notable contenders include YouTuber MrBeast, billionaire Frank McCourt with "The People's Bid," and tech moguls like Elon Musk and Larry Ellison, while other potential buyers include Steven Mnuchin and Bobby Kotick. The urgency grows as the deadline approaches, with various proposals emerging to reshape the platform's future.

the ten wealthiest people in the world for 2025

As of 2025, the world's wealthiest individuals are led by Elon Musk, whose net worth exceeds $426 billion, followed by Jeff Bezos at $247.6 billion. Other notable billionaires include Larry Ellison ($231.4 billion), Mark Zuckerberg ($219.9 billion), and Bernard Arnault ($195.1 billion). The list highlights the significant fortunes of tech moguls and investors, reflecting the ongoing fluctuations in their wealth.
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