It's disturbing. There are too many things that make these news and entertainment outlets vulnerable. If they're part of a big diversified conglomeration, the govt has multiple levers available to put pressure on them - regulatory pressure like holding up M&A, FCC fines, etc. Media from the...
I have mixed feelings about this. One of the stated reasons for doing this is move the focus from short term results at the expense of long term strategy within companies. I worked for several public companies and can attest that this is a real thing. As a middle manager, I had multiple levels...
https://www.nbcnews.com/business/markets/larry-ellison-eclipses-elon-musk-worlds-richest-person-rcna230338
Pretty sure us talking about him here helped propel him to the top.
I was a little surprised to see how high up on the list Ellison is. Wondering if Oracle makes most of their $ from the database products or the other stuff...
I can't argue with that. There was a time that I resisted funding Bezos' umpteenth vacation home, but I've more or less given in. I may change my mind if he starts doing truly evil shit. I wouldn't own a Tesla because of Musk. Everyone wants to be rich, but people love to hate on the people who...
None of the top 10 richest people in the US produce anything that could be considered essential to the public. They're wealthy because consumers buy what they're selling, be it their products, services or stock. Nobody NEEDS to use Facebook or Google or buy crap off Amazon. People bitch about...