ELLIS

Sep 24 2024FINANCE

The Price of Devotion: A Tale of Loyalty and Betrayal

Caroline Ellison's story is one of entrapping passion and crippling dependence. As the co-chief executive of Alameda Research, she was deeply entwined with her on-again, off-again boyfriend, former FTX CEO Sam Bankman-Fried. Ellison's relationship with Bankman-Fried began when she was just an intern at Jane Street Capital, and it was a complex web of emotions that wo...

reading time about 1 minute
Sep 16 2024BUSINESS

Will Caroline Ellison Get Off Scot-Free for Her Role in FTX's Collapse?

As Caroline Ellison, the star witness in the prosecution of FTX founder Sam Bankman-Fried, awaits her sentencing, her lawyers are pushing for a lenient punishment. In a recent court filing, they argue that Ellison should receive no prison time for her role in the crypto empire's implosion. But is this a fair plea? The $64,000 question is: what did Ellison know, and ...

reading time about 1 minute
Sep 12 2024TECHNOLOGY

Oracle's Surprising Comeback: Can Legacy Tech Still Compete?

Larry Ellison, the 80-year-old co-founder, chairman, and chief technology officer of Oracle, has been partying like it's 1999. Despite fellow legacy tech giants Intel and Cisco struggling to adapt to the AI-driven world, Oracle has emerged as the belle of the Wall Street ball. The company's cloud businesses are driving its success, and its shares have gained double-d...

reading time less than a minute