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The Latest Breaking News from Larry Ellison

House Democrats launch investigation into Paramount merger and ‘bribe’ to Trump

‘Two wrongs do not make a right—illegitimate demands from the FCC or the Administration do not absolve your company from wrongdoing,’ two top House Democrats wrote to Paramount chief David Ellison.

The Independent UK

Billionaire Philippe Laffont Is Betting Big on Oracle Stock. Should You?

Billionaire Philippe Laffont’s $843 million Oracle bet spotlights its AI cloud surge.

Barchart

With ‘CBS Mornings’ ratings continuing to shrink, could Gayle King be in trouble?

IN FOCUS: Exclusive: ‘There’s always speculation about her inflated salary and entourage,’ one network insider told Justin Baragona about Gayle King. ‘She’s undoubtedly expensive and not necessarily on the right side of the new political agenda.’

The Independent UK

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Oracle’s 2025 Rally Is Only Half Over: 5 Reasons Why

Oracle's stock price rally is only half over; the market will likely reach $325 by the end of the year or in early 2026 and then continue higher long term.

MarketBeat

Paramount pays $7.7bn for exclusive US rights deal with UFC

Deal ends sport’s pay-per-view model and comes days after Hollywood studio’s merger with Skydance Media

The Guardian - UK

RedBird Capital’s $2 billion power play: Meet Gerry Cardinale, the private equity kingmaker behind the Paramount–Skydance deal

Private equity firms have been making moves in Hollywood for some time, but Redbird's stake in the Paramount deal is by far the largest to date.

Fortune

Yellowstone, Top Gun, Chalamet: what will the Paramount-Skydance merger mean for film and TV?

Controversial $8bn deal finalized this week and the future is set to look different for one of the biggest Hollywood studios

The Guardian - US

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Elon Musk's Wealth Takes More Than $60 Billion Hit In 2025, As Bill Gates Also Sees Huge Losses—But One Of Them Has Been Donating His Entire Fortune

Elon Musk‘s fortune has taken a massive hit in 2025, losing over $60 billion, with his net worth shrinking amid Tesla Inc.’s (NASDAQ:TSLA) struggles, while Bill Gates, the second billionaire to see a similar decline, has committed to giving away his entire fortune.

Benzinga

Is there a Trump side deal or not? New Paramount chief doesn’t want to talk about it

‘We’re focused on the future… We are not going to politicize anything today,’ David Ellison said during a press event.

The Independent UK

New Paramount owner says ‘all the right things’ during first stop at CBS News offices

EXCLUSIVE: ‘He didn’t botch it,’ a network employee said about David Ellison’s meeting. ‘Which is a decent start.’

The Independent UK

Larry Ellison Once Said He 'Had All The Disadvantages Necessary For Success' As He Aimed To Beat Amazon In Cloud — Where The Oracle CEO Stands Today

Larry Ellison, Oracle Corporation's (NYSE:ORCL) co-founder and current CTO, once credited his tough upbringing for his ambition to surpass Amazon.com, Inc. (NASDAQ:AMZN) in cloud computing — and the latest numbers show he may be gaining ground.

Benzinga

Figma’s CEO is now worth $5 billion after IPO—like Mark Zuckerberg, Larry Ellison, and Bill Gates, he’s another college-dropout billionaire

As Gen Z questions the value of higher education, Figma CEO Dylan Field is the latest tech billionaire to make it big without a college degree.

Fortune

The only person whose net worth has dropped anywhere near as much as Elon Musk's is Bill Gates—and he's giving it away

While other billionaires like Larry Ellison and Mark Zuckerberg saw major gains from the AI rally, Musk’s fortune suffered due to an 18% fall in Tesla stock.

Fortune

How the World’s 9 Richest Billionaires Spent Their First $1 Million

These billionaires work in different industries and followed different paths to wealth, but they all have one thing in common: They reinvest their earnings.

GOBankingRates

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Fortune

Tesla’s poor stock performance has slashed Elon Musk’s wealth by $80 billion—another tumble like that could dethrone the world’s richest man

If the Tesla billionaire’s wealth drops by another $60 billion, he will lose his crown as the richest person on the planet to Oracle’s Larry Ellison.

GOBankingRates

You’ll Never Guess What the 1% Invest In — Hint, It’s Not Just Stocks

Discover where the 1% are investing beyond stocks—from rare art to space tech and farmland. Explore the surprising trends shaping billionaire portfolios.

Euronews

Approved: Paramount's $8 billion deal with Skydance can go ahead

Federal regulators approve Paramount's $8 billion (€6.8 bn) deal with Skydance, capping months of turmoil.

The Independent UK

Federal regulators approve Paramount's $8 billion deal with Skydance, capping months of turmoil

Federal regulators on Thursday approved Paramount’s $8 billion merger with Skydance, clearing the way to close a deal that combined Hollywood glitz with political intrigue

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Motor1

This McLaren F1 Could Break Records. But Not For Speed

The McLaren F1, now 30 years old, is a well-established legend. Launched in 1992, examples sell today well into the millions of dollars. There's an F1 heading to auction next month that could go for $23 million or more when the hammer drops.

Benzinga

As Elon Musk, Mark Zuckerberg And Sam Altman Chase Nvidia AI Chips, Jensen Huang Says 'Just Call Me' — Here's How Allocation Really Works

Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang revealed the company’s straightforward chip allocation process during Wednesday’s All In Podcast, dismissing concerns about favoritism among tech titans competing for scarce artificial intelligence processors.

The Independent UK

White House hits back at South Park after season premiere jabbed Trump

Long-running satire has returned after two-year hiatus with scenes depicting US president suing the fictional residents of South Park

The Independent UK

Incoming CBS owner promises Trump’s FCC it will review ‘complaints of bias’ at news network and eliminate DEI policies

‘New Paramount's new management will ensure that the company's array of news and entertainment programming embodies a diversity of viewpoints across the political and ideological spectrum,’ Skydance’s general counsel wrote to FCC

Benzinga

Larry Ellison Defended 'Friend' Elon Musk While Others Mocked Him —'You're Saying Elon's An Idiot. The Guy's Landing Rockets! And Who Are You?'

Larry Ellison, co-founder of Oracle, just became the second-richest person in the world with a net worth of $291 billion, pushing past Jeff Bezos and Mark Zuckerberg to sit just behind Elon Musk. But long before either of them topped the rich list, Ellison was one of the few who…

The Independent UK

Trump’s FCC chairman gloats over Colbert’s cancellation days after meeting soon-to-be CBS owner

‘The partisan left’s ritualist wailing and gnashing of teeth over Colbert is quite revealing,” Brendan Carr tweeted Tuesday, adding that critics of the cancellation are ‘acting like they’re losing a loyal DNC spokesperson.’

The Guardian - US

Cancelling Colbert, bribery, an $8bn deal: what’s going on at Paramount?

The fallout from the Trump payoff comes as a merger threatens the company’s integrity and A-list talent, such as Stephen Colbert, have already been sacrificed

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