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The Latest Breaking News from Larry Ellison

What is Oracle, and how has the 50-year-old company made a tech comeback with AI and TikTok?

The company’s co-founder Larry Ellison briefly overtook Elon Musk as the world’s richest person this month.

Euronews

Media's MAGA makeover

The media landscape of 2016 is unrecognizable.

Axios

‘He lied to us’: CBS News staffers say new owner David Ellison ‘just can’t be trusted’

EXCLUSIVE: Multiple CBS News staffers said new owner David Ellison has broken his promise not to “politicize” the network by installing a Trump loyalist as ombudsman, and courting The Free Press founder Bari Weiss for a senior editorial position

The Independent UK

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Why the Oracle-OpenAI deal has set 'AI Bubble' alarm bells ringing

Oracle’s $300B deal with OpenAI drove a stock surge, but investors worry both companies could fail to deliver

Fortune

Amid Elon Musk's $1 Billion Stock Buy, Here Are Tesla's 5 Biggest Market-Open Insider Purchases Since It Went Public

Elon Musk's purchase of over 2.57 million Tesla Inc. (NASDAQ:TSLA) shares totaling $1 billion is the biggest market-open insider trade for the EV giant since it went public in 2010. With that said, here's a look at some of Tesla's biggest market-open insider trades.

Benzinga

Larry Ellison: College Dropout And World's 2nd Richest Man

Larry Ellison, co-founder and chief technology officer of Oracle Corp. (NYSE:ORCL), has led a life full of remarkable and lesser-known accomplishments.

Benzinga

How the US right wing is taking over news media and choking press freedom

Takeover of broadcast companies by Donald Trump’s allies is harbinger of media capitulation to authoritarian leanings

The Guardian - US

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Stocks Settle Mixed as Bond Yields Climb

The S&P 500 Index ($SPX ) (SPY ) on Friday closed down -0.05%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.59%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.42%. September E-mini S&P futures (ESU25 ) fell -0.06%, and September E-mini Nasdaq futures...

Barchart

Stock Indexes Near Record Highs on Fed Rate Cut Expectations

The S&P 500 Index ($SPX ) (SPY ) today is up +0.09%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.31%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.37%. September E-mini S&P futures (ESU25 ) are up +0.06%, and September E-mini Nasdaq futures...

Barchart

Stocks Pressured as Bond Yields Climb

The S&P 500 Index ($SPX ) (SPY ) today is down -0.08%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.15%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.05%. September E-mini S&P futures (ESU25 ) are down -0.07%, and September E-mini Nasdaq futures...

Barchart

Paramount Wants Barbie Magic, But Warner Bros Debt Looks Like Mission Impossible

Investors betting on a Paramount Skydance Corp (NASDAQ:PSKY)–Warner Bros Discovery Inc (NASDAQ:WBD) tie-up aren't just buying into a flashy studio mash-up; they're staring down a high-stakes reshaping of Hollywood's balance of power.

Benzinga

Digested week: Marsupial brings cheer in dark and dysfunctional days

It was left to a – albeit extinct – tiny relative of the kangaroo to offer some relief from the blizzard of major events

The Guardian - UK

Paramount is reportedly prepping a bid to buy Warner Bros — a deal including gaming properties like Mortal Kombat and more

Paramount Skydance is reportedly prepping a bid to purchase Warner Bros. Discovery, which includes the WG Games unit.

Windows Central

The real bias monitor at CBS is Donald Trump

The hiring of Kenneth Weinstein as an ombudsman hands the US president a seat at the editors’ desk

The Guardian - US

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The Conversation

AI hype has just shaken up the world’s rich list. What if the boom is really a bubble?

Just for a moment this week, Larry Ellison, co-founder of US cloud computing company Oracle, became the world’s richest person. The octogenarian tech titan briefly overtook Elon Musk after Oracle’s share price rocketed 43% in a day, adding about US$100 billion (A$150 billion) to his wealth.

Barchart

Stocks Climb to Record Highs on the Outlook for Fed Rate Cuts

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +0.85%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +1.36%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.60%. September E-mini S&P futures (ESU25 ) rose +0.81%, and September E-mini Nasdaq futures...

The Independent UK

Warner Bros Discovery stock spikes after reports that Paramount is prepping takeover bid

The potential bid would see Paramount purchase all of the assets of its studio rival, including the global television business that was set to be spun off next year.

Benzinga

Elon Musk Lost $48 Billion This Year—But He's Still As Rich As Mark Zuckerberg And Bill Gates Combined

It's been a busy and rough year for Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk. Working with the White House administration under President Donald Trump may be hurting the billionaire's wealth thanks to a declining Tesla share price, but he remains the world's richest person.

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The Guardian - US

Paramount Skydance reportedly preparing takeover bid for Warner Bros Discovery

Media conglomerate putting together majority cash offer for WBD backed by ultra-rich Ellison family, reports say

International Business Times UK

Who is The Richest Man in the World: Tesla's Elon Musk or Oracle's Larry Ellison?

Oracle's Larry Ellison briefly surpasses Elon Musk as the world's richest person with $395bn fortune after Oracle shares surge 40% on AI cloud computing boom.

Fortune

Not just Larry Ellison got a huge payday this week—Oracle’s CEO is worth over $3.4 billion after stock surge

Not just Larry Ellison got a huge payday this week—Oracle’s CEO is worth over $3.4 billion after the company's stock surged by over 30%.

GOBankingRates

What If There Was a Maximum Net Worth?

The idea gets tossed around: What if the wealthy had to give their money away after a certain net worth? Find out the potential positive and negative impacts.

PC Gamer

Oracle's $300 billion deal with OpenAI briefly knocked Elon Musk off the world's richest person spot, replaced instead by the company's head honcho, Larry Ellison

Spare any change, guv?

Tom’s Hardware

OpenAI signs contract to buy $300 billion worth of Oracle computing power over the next five years — company needs 4.5 gigawatts of power, enough to power four million homes

OpenAI and Oracle have signed one of the largest technology deals in history, worth $300 billion. Over five years starting in 2027, Oracle will provide OpenAI with over 4.5 gigawatts worth of computing power to help power ChatGPT and other AI products and services.

Fortune

Larry owes Jensen, big time.

Most of Oracle's surging revenue is coming from a $300 billion deal with OpenAI. Plus: Tucker Carlson grills OpenAI's Sam Altman, Klarna's IPO pops, and Microsoft goes back to the office.

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