Coffee Break: Stressed Oligarchs at Meta, OpenAI, and the Ellison Empire
Three particularly stressed oligarchs are getting a lot of negative attention this week as Mark Zuckerberg's Meta faces a $1.4 trillion lawsuit, Sam Altman's OpenAI is bleeding talent and their IPO seems an ever more remote possibility, and Larry and David Ellison are in a full-on media war with 12 attorneys general over their attempted purchase of Warner Bros Discovery.
We haven't written up this one. Naked Capitalism has the full story — the link below goes straight to it.