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The Latest Breaking News from Larry Ellison

Warner Bros shareholders green light Paramount’s $81 billion merger

Paramount has secured funding from several sovereign investment funds, including Saudi Arabia’s Public Investment Fund, as well as funds from the United Arab Emirates and Qatar, according to regulatory filings

The Independent UK

Pope Leo warned the world is in ‘big trouble’ if Elon Musk becomes the first trillionaire

The top 1% increased their wealth by nearly $34 trillion over the last decade—enough to eliminate annual poverty 22 times over.

Fortune

Paramount boss David Ellison to host dinner honoring Trump while awaiting federal approval to buy CNN: report

The federal government is currently weighing whether to approve Ellison’s $111 billion agreement to purchase Warner Bros. Discovery

The Independent UK

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‘Block the merger’: Thousands of industry professionals speak out against Paramount-Warner deal

More than 1,000 film and TV stars and creatives, including Joaquin Phoenix, Emma Thompson and Javier Bardem, issued an open letter opposing Paramount Skydance’s pending acquisition of Warner Bros. Discovery.

Euronews

Warner Bros. CEO David Zaslav’s $887 million ‘extraordinary’ golden parachute gets ripped by proxy advisory firm ISS

Fortune

Big Tech Abandons Multi-Billion Dollar Data Centres in US as Investors Demand Energy, Water Usage

Global tech giants are abandoning multi-billion-dollar data centre projects across the US due to mounting environmental pushback. Investors are now demanding full disclosure of water usage and site-specific energy audits to mitigate ESG tech reporting risks. Learn how AI energy demand is reshaping the future of the digital economy.

International Business Times UK

Paramount Skydance Stock Jumps 9% on $24B Gulf Funding for Warner Bros Takeover Bid

Paramount Skydance Corp. shares surged nearly 9% in morning trading Tuesday as the newly formed media giant moved closer to securing $24 billion in equity commitments from Middle Eastern sovereign wealth funds to finance its ambitious $81 billion to $110 billion takeover of Warner Bros. Discovery, a deal that could…

International Business Times

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The tax escape map: Billionaires are bolting for Florida from the West Coast and taking billions in tax revenue with them

Driven partly by proposed wealth taxes, some of America’s richest people have poured millions into waterfront Florida real estate.

Fortune

Larry Ellison Says AI Now Does Oracle's Coding Amid Mass Layoffs—3 Strategic Moves for Tech Workers

Oracle's recent layoffs highlight a shift towards AI-driven coding, reshaping the tech workforce and redefining the role of engineers.

International Business Times UK

US tech firm Oracle cuts thousands of jobs as it steps up AI spending

Company chaired by Trump ally Larry Ellison seeks to reassure investors that bet on AI infrastructure will pay off

The Guardian - UK

Oracle Layoffs Hit Staff Worldwide as AI Push Drives Immediate Job Cuts

Oracle initiates global layoffs, cutting hundreds of jobs to boost AI infrastructure investment. Discover the impact on market performance and industry trends.

International Business Times UK

Even billionaires aren't safe: This year’s market slump has wiped $75 billion from the wealth of Jeff Bezos and Mark Zuckerberg

The world’s ultrarich, including Mark Zuckerberg, Jeff Bezos, and Larry Ellison, have seen their net worths slide by $30 billion each—fueled by a stock market skepticism of AI and unrelenting tensions in the Middle East.

Fortune

‘Constantly recording’: Bernie Sanders warns of a looming surveillance state and name-drops the potential architect behind it

This is dystopian

We Got This Covered

Trump names Huang, Ellison, Dell Zuckerberg and more on new White House council to help 'the Golden Age of Innovation'

PCAST will reportedly help advise the President on 'strengthening American leadership in science and technology'.

TechRadar

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The Conversation

Trump is remaking the US media in his own image – and smashing accountability with it

This is the point of absurdity we have reached: on March 15, US President Donald Trump, in a Truth Social post, asserted that American news organisations were running AI-generated Iranian propaganda, and should be charged with treason for the dissemination of false information. One of the instances he cited was…

The Independent UK

Activists ‘rename’ billionaire’s luxury yacht ‘The Trump Propagandist’

IN FULL

The Independent UK

Led by Donkeys ‘rename’ Larry Ellison’s $160 million yacht in Riviera stunt

A protest group has “renamed” billionaire Larry Ellison’s super yacht to “The Trump Propagandist”.

Fortune

Carlyle Group's founder, Dallas Cowboys owner, and a Houston hospitality mogul are among the billionaires bankrolling March Madness Sweet 16 schools

Billionaires like Carlyle Group's David Rubenstein, Dallas Cowboys owner Jerry Jones, and Houston Rockets owner Tilman Fertitta have poured tens of millions into the college basketball programs competing in the 2026 March Madness Sweet 16.

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news in one place.

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Barchart

As Oracle Reveals Higher Restructuring Costs, Should You Still Buy ORCL Stock or Stay Far Away?

Oracle will expend $500 million more than its initial estimates on restructuring.

International Business Times UK

Oracle Could Axe 30,000 Jobs as AI Data Centre Costs Surge — The Biggest Tech Layoff of 2026 So Far

Oracle plans to cut up to 30,000 jobs in 2026 to fund AI data centre expansion, marking the largest tech layoff. Discover how this move impacts the tech industry and Oracle's future.

International Business Times UK

Trump Bought Over $1.1M in Netflix Bonds While Criticising Media Merger, Government Filings Reveal

New government filings reveal President Donald Trump invested over £850,000 in Netflix bonds while publicly attacking the streaming giant's multi-billion-pound merger plans.

The Fashion Central

Jimmy Kimmel’s Oscars Joke Comparing CBS to North Korea Stuns Crowd

Television host Jimmy Kimmel returned to the Oscars stage on Sunday night and used the moment to deliver a series of sharp jokes,

The Guardian - US

FCC chair threatens to throttle news broadcasts over ‘hoaxes’ about Iran war

Brendan Carr posts that he may cancel spectrum permits of ‘mainstream news’ outlets for ‘misleading’ coverage

Salon

"The Murdochs" is a messier "Succession"

Netflix's strangely entertaining new docuseries explains the ascendance of Fox News in the age of Trump

International Business Times UK

Paramount-Warner Bros Merger: Ellison Family's $111B Deal to Control CNN, CBS, TikTok Sparks Sanders' 'Oligarchy' Warning

How the Ellison family's $111 billion media merger could reshape American media, controlling networks like TikTok, CBS, CNN, and HBO. Learn about the implications and concerns of this historic deal.

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