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The Latest Breaking News from Larry Ellison

Top 10 List Of World's Richest People Sees Another Shuffling Of Its Ranks

Elon Musk remained No. 1 but the volatile value of tech stocks led more than half of the billionaires to trade places for a second consecutive month.

International Business Times

Edgar Bronfman Jr.’s Bid for Paramount Fades to Black

Edgar Bronfman Jr.’s Bid for Paramount Fades to Black

Withdrawal appears to clear way for Skydance to close acquisition of struggling media company

Multichannel News

The Centibillionaires Club: 15 People Worth Over $100 Billion And Three More About To Join Their Ranks

The Centibillionaires Club: 15 People Worth Over $100 Billion And Three More About To Join Their Ranks

Although there are only 15 centibillionaires, their combined wealth is around $2.3 trillion, according to the Bloomberg Billionaires Index.

International Business Times UK

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Paramount extending 'go shop' period by 15 days so it can review Bronfman offer

Entertainment giant Paramount Global is extending by 15 days a period where it’s allowed to assess alternative offers to its merger agreement with Skydance so that it can review a proposal from Edgar Bronfman, Jr. Paramount said late Wednesday that the “go shop” period for Bronfman will be extended until…

The Independent UK

Elon Musk was just forced to reveal who really owns X. Here’s the list.

Organizations linked to Bill Ackman, Larry Ellison, and Sean Combs (a.k.a. Diddy) were mentioned in the filing.

Bronfman Makes $4.3B Bid for Paramount

Paramount and its main shareholder had previously accepted a bid from Skydance Media

John Oliver: ‘Hawaii is being reshaped by wealthy outsiders’

Last Week Tonight looks into how billionaires like Mark Zuckerberg, wealthy tourists and the US military have altered the state at the expense of locals

The Guardian - US

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David Ellison's Paramount merger cements the era of the 'nepo CEO'

David Ellison's Paramount merger cements the era of the 'nepo CEO'

David Ellison's Skydance Media is buying Paramount Global with help from his billionaire dad, Larry Ellison, founder of Oracle. To earn respect, he'll have to walk a tightrope.

Who is David Ellison? Heir to the Oracle fortune celebrates clinching $28B Paramount deal

Who is David Ellison? Heir to the Oracle fortune celebrates clinching $28B Paramount deal

Oracle founder Larry Ellison’s son, David Ellison, announced he reached terms to acquire a controlling stake in Paramount.

David Ellison Spells Out Goals for ‘New Paramount’

David Ellison Spells Out Goals for ‘New Paramount’

Plan is to create a media-technology hybrid and cut costs by $2 billion

Multichannel News

Elon Musk Is King In Billionaires Bitcoin Holdings List – Saylor Isn't In Top 20

Elon Musk Is King In Billionaires Bitcoin Holdings List – Saylor Isn't In Top 20

In a surprising twist within the Bitcoiner circle, prominent BTC maximalist Michael Saylor isn't part of a new list that ranks at least 40 billionaires who own Bitcoin.

International Business Times

Larry Ellison's fortune grows $14 billion overnight, making him the seventh-richest person on earth

Larry Ellison's fortune grows $14 billion overnight, making him the seventh-richest person on earth

As Oracle shares hit record highs after it reveals “largest contracts in our history.”

Oracle Stock Soars on OpenAI, Google Deals, Strong Outlook

Oracle Stock Soars on OpenAI, Google Deals, Strong Outlook

Oracle stock is trading higher as the software firm's new AI deals and upbeat outlook offset an earnings miss. Here's what you need to know.

Oracle confirms Microsoft is using its cloud infrastructure to support OpenAI

Oracle confirms Microsoft is using its cloud infrastructure to support OpenAI

Oracle reveals half of a data center under construction by the company will be dominated by Microsoft.

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The Guardian - US

Hollywood giant Paramount Global braces for new era as bidders circle

Chair Shari Redstone weighs future of media empire behind Paramount Pictures, CBS and UK’s Channel 5

Oracle is moving its global HQ in major healthcare switch

Oracle wants to be closer to the healthcare epicenter that is Nashville, TN, so it’s picking up sticks and leaving Austin, TX.

Broadcasting & Cable

What Will a Paramount Controlled By Republican Mega-Donor Larry Ellison Look Like?

Plus, in our latest ‘Next Text,’ we throw more shade at Coach Prime, celebrate REM’s ‘Reckoning’ and John Stewart (the singer-songwriter), and we try to escape Roku, Amazon and Telly by getting off the TV grid

Oracle CEO thinks there will be a sovereign cloud for every country soon

"Pretty much every government" will want a sovereign cloud, Oracle CEO Ellison declares.

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Are There Compelling Reasons to Invest in Oracle (ORCL) Post-Earnings?

Software major Oracle (ORCL) reported better-than-expected earnings in the third quarter, but its revenue came below analyst's estimates. The company signed several large-scale cloud infrastructure deals during the third quarter and expects to sign more in the upcoming quarters. With ORCL expecting to end fiscal 2024 on a solid note,…

International Business Times UK

Elon Musk and Larry Ellison Partner on AI for Super-Smart Agriculture

Elon Musk has teamed up with Ellison to introduce AI innovations in farming that will transform agricultural practices and increase efficiency.

Spacex And Oracle Collaborate On AI Tool For Agriculture Mapping

SpaceX and Oracle collaborate on AI tool to optimize farm output, emphasizing technology's role in enhancing agricultural efficiency.

Stock Market Today: S&P 500 Nabs New Record Close After February CPI

Strong gains for Oracle and Nvidia helped the main indexes brush off hotter-than-anticipated inflation data.

International Business Times

10 Most Expensive Houses In The World: Unveiling Extravagance

Whether nestled in the hills of Beverly Hills, overlooking the azure waters of the Mediterranean, or gracing the skyline of cosmopolitan cities, the most expensive residences in the world exude opulence and epitomize the ultimate in luxury living.

Oxfam Predicts Trillionaire Within Decade Amidst Growing Global Inequalities

Oxfam warns that the world could have its first trillionaire within a decade, highlighting growing inequalities exacerbated by the pandemic.

International Business Times UK

Elon Musk-Led xAI Launches Grok AI In India, More Countries

Oracle's Larry Ellison said Elon Musk wanted more Nvidia chips to power xAI's first generative AI model Grok but the company fell short of his demands.

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