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The Latest Breaking News from Larry Ellison

‘60 Minutes’ correspondent says Bari Weiss needs to take her job ‘more seriously’ amid CECOT story fiasco

‘It’s not a part-time job,” Scott Pelley said during a Monday afternoon meeting.

The Independent UK

Larry Ellison's $40 billion pledge to his son's Paramount deal shows a shift in billionaire giving: Philanthropic capitalism is taking over

Ellison has pledged to give away 95% of his fortune, but the recent move shows a new playbook.

Fortune

Larry Ellison Risks $40.4bn Fortune to Back Son's Warner Bros Takeover in Netflix Streaming War

Oracle founder Larry Ellison provides $40.4 billion personal guarantee for son David's Paramount bid to acquire Warner Bros Discovery from Netflix.

International Business Times UK

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First Thing: Number of people in ICE detention hits record high

Administration has arrested 328,000 and deported 327,000 people. Plus, Bethlehem in the Israeli-occupied West Bank celebrates Christmas again

The Guardian - UK

Melania Trump's Documentary Director Found in Epstein Files as Rush Hour 4 and White House Project Loom

Hollywood director behind Melania Trump's documentary appears in newly released Epstein files with late French modelling agent Jean-Luc Brunel

International Business Times UK

Larry Ellison guarantees $40.4 billion in Paramount's hostile bid for Warner Bros. Discovery

Paramount is sweetening its hostile takeover bid for Warner Bros

The Independent UK

Billionaire Larry Ellison comes to his son’s rescue, agreeing to personally guarantee over $40 billion to finance Paramount’s bid for Warner Bros.

Warner Bros. is in the middle of a tug-of-war between Netflix and David Ellison’s company, Paramount Skydance.

Fortune

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‘Holy f***ing dumpster fire’: Bari Weiss sparks ‘revolt’ at ‘60 Minutes’ by spiking CECOT segment

EXCLUSIVE: ‘It’s going to be fascinating to see how far Bari is willing to double down on the piece ‘not ready’ argument and or/attack Sharyn and [60 Minutes],’ one CBS News staffer told The Independent.

The Independent UK

After pouring $450 million into Florida real estate, Larry Ellison plans to lure the ultra-rich to an exclusive town just minutes from Mar-a-Lago

Ellison bought the aging but glamorous Eau Palm Beach Resort & Spa in August and plans to renovate.

Fortune

Paramount guarantees backing of Larry Ellison in Warner Bros. bid

The reliability of the financial backstop was among the chief concerns of the Warner Bros. board in rejecting the bid.

Axios

Larry Ellison gives personal guarantee for Paramount takeover of Warner Bros Discovery

WBD had urged shareholders to reject $108.4bn hostile takeover bid from Paramount, which is controlled by the Ellisons, following $82.7bn Netflix deal

The Guardian - US

Has feminism failed women? CBS wants to know

Bari Weiss is touting a new debate series at the network as the billionaire Ellisons’ media power grows

The Guardian - US

Warner Bros sale: The $100bn battle for the soul of Hollywood

The bidding war for Warner Bros will determine the future of film — will London escape the fallout?

Evening Standard

ByteDance Signs Binding Deal To Spin Off TikTok US Into Majority-American Joint Venture

Under the deal, the U.S. version of TikTok will become majority-owned by American investors, satisfying the core requirement of a bipartisan law passed by Congress in 2024 that sought to address national security concerns tied to the app's Chinese ownership.

International Business Times

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The Guardian - UK

TikTok signs Trump-backed deal to avoid US ban

Joint venture will take over part of app’s US operations, including data protection, algorithm security and content moderation

TechRadar

Oracle's latest Ampere offers something different to hyperscalers - new cloud platforms offer up to 192 custom Arm cores, and aren't OCI exclusive, unlike Graviton or Cobalt

Oracle launches A4 Standard cloud instances with AmpereOne M cores, offering high-performance CPU configurations and emphasizing silicon neutrality for flexible deployments.

International Business Times UK

Here's Why Warner Bros Wants to Reject Paramount's 'Illusory' £81bn Bid and Back the Netflix Deal Instead

Warner Bros rejects Paramount's £81bn bid, calling it 'illusory,' as it backs Netflix merger for streaming dominance.

The Independent UK

What to know about bidding war between Netflix and Paramount for Warner Bros.

Warner Bros

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TechRadar

Warner Bros. rejects Paramount deal, but the Netflix merger drama is only just beginning

Warner Bros. tells shareholders to reject Paramount deal, but Netflix hasn't won the merger fight yet.

Fortune

Warner Bros. shareholders were ‘consistently misled’ by Paramount, board says in rejection letter: There’s no Ellison family backstop, and never was

Jilted Paramount CEO David Ellison painted a picture of no engagement from WBD. That’s simply not true, according to the Warner Bros. board.

The Guardian - UK

Warner Bros reportedly poised to reject Paramount’s $108bn hostile takeover bid

Decision will pave the way for Netflix to proceed with buyout of film and TV group

The Guardian - US

Jared Kushner’s firm exits takeover battle for Warner Bros Discovery

Affinity Partners, key backer of hostile bid by Paramount, reportedly steps back following scrutiny of Kushner’s role

Axios

Jared Kushner's firm backs out of Paramount's Warner Bros. bid

The newsThe Warner Bros. board is expected to announce that it plans to reject Paramount's $30-a-share all-cash offer for the company.

The Independent UK

Trump’s ‘60 Minutes’ obsession causes him to once again lash out at MAGA-friendly owners of CBS

‘If they are friends, I’d hate to see my enemies,’ Trump fumed on Tuesday.

Barchart

Should You Buy the Dip in Oracle Stock and Hold for 2026?

Oracle's stock plunged by 11% to have its worst day since the turn of the century.

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Marjorie Taylor Greene

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