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The Latest Breaking News from Larry Ellison

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

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.

Fortune

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.

GOBankingRates

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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.

Euronews

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

The Independent UK

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.

Motor1

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.

Benzinga

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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

The Independent UK

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…

Benzinga

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 Independent UK

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

The Guardian - US

Democrats condemn CBS for axing Colbert show: ‘People deserve to know if this is politically motivated’

Lawmakers note cancellation follows Colbert’s criticism of parent company Paramount for settling Trump suit

The Guardian - US

‘I am extremely sad’: celebrities react to the end of Stephen Colbert’s Late Show

Ben Stiller, Rachel Zegler and Judd Apatow and others disappointment at decision to axe long-running show

The Guardian - US

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Fortune

Larry Ellison surpasses Mark Zuckerberg to become world's second-richest after Oracle doubles down on AI investment

Ellison also amended his Giving Pledge to focus resources on his Oxford-based institute tackling healthcare, hunger, and climate change.

Benzinga

Oracle's Java Pricing Sparks Mass Migration To Open Source Amid Audit, Licensing Woes

A survey has found that a significant majority of organizations using Oracle Corp.’s (NYSE:ORCL) Java have been audited in the past three years. This has led to a surge in the migration to open-source Java, with many users expressing dissatisfaction with Oracle’s pricing model.

The Independent UK

Trump claims he struck side deal with Skydance for additional $16 million in ‘60 Minutes’ settlement

‘We did a deal for about $16 million plus $16 million, or maybe more than that, in advertising... It's like $32 to maybe $35 million,’ the president said over the weekend.

Fortune

Michael Dell’s net worth has soared by $1.2 billion—but it’s still not enough to crack the world’s richest inner circle

The Dell CEO and founder now boasts a net worth of $138 billion, just $1 billion shy of overtaking Jensen Huang for the number 10 spot on the ultra-rich list.

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International Business Times UK

Oracle Stock Sees Promising Result Following Eye-Watering $30 Billion Cloud Services Deal

It is worth noting that Oracle has made significant inroads in the competitive cloud computing services market.

Fortune

Oracle’s Larry Ellison just rocked the billionaires club—a $40 billion gain has made him the second-richest man

The tech exec is now wealthier than Mark Zuckerberg and Jeff Bezos, with a $250 billion fortune—but he’ll have a hard time dethroning his close friend Elon Musk.

Barchart

“All Others Must Lose”: Larry Ellison Once Spent Billions Taking on Bill Gates’s Microsoft, Even Paying Investigators to Dig in Trash

In one of the fiercest and most enduring rivalries in tech history, Oracle co-founder Larry Ellison and Microsoft’s Bill Gates battled for dominance over databases and enterprise software, with Ellison’s ruthless ambition and espionage scandals cementing his cutthroat approach to competition.

The Guardian - UK

Blair’s net zero intervention invites scrutiny of his institute’s donors

Labour insider rebukes ‘tech bros’ within Tony Blair Institute as critics question past work with petrostates

The Guardian - UK

It’s the anti net-zero, anti-woke Tony Blair – how was this man ever considered a progressive?

The former PM has form when it comes to pushing corporate interests and meeting populists halfway, writes Guardian columnist Zoe Williams

Fortune

Elon Musk, Mark Zuckerberg, and Larry Ellison have each lost more than $10 billion as Trump's tariffs trigger a stock market bloodbath

Billionaires are feeling the burn amid the fallout from Trump’s tariff announcement—with the stock market crash resulting in names like Warren Buffett, Larry Ellison, and Mark Zuckerberg all losing billions in wealth in just hours.

The Guardian - UK

UK needs to relax AI laws or risk transatlantic ties, thinktank warns

Tony Blair Institute says enforcing stricter licensing rules for copyright-protected material will threaten national security interests

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