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The Latest Breaking News from Larry Ellison

Warner Bros. shareholders were ‘consistently misled’ by Paramount, board says in rejection letter: There’s no Ellison family backstop, and never was

Jilted Paramount CEO David Ellison painted a picture of no engagement from WBD. That’s simply not true, according to the Warner Bros. board.

Fortune

Warner Bros reportedly poised to reject Paramount’s $108bn hostile takeover bid

Decision will pave the way for Netflix to proceed with buyout of film and TV group

The Guardian - UK

Jared Kushner’s firm exits takeover battle for Warner Bros Discovery

Affinity Partners, key backer of hostile bid by Paramount, reportedly steps back following scrutiny of Kushner’s role

The Guardian - US

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Jared Kushner's firm backs out of Paramount's Warner Bros. bid

The newsThe Warner Bros. board is expected to announce that it plans to reject Paramount's $30-a-share all-cash offer for the company.

Axios

Trump’s ‘60 Minutes’ obsession causes him to once again lash out at MAGA-friendly owners of CBS

‘If they are friends, I’d hate to see my enemies,’ Trump fumed on Tuesday.

The Independent UK

Should You Buy the Dip in Oracle Stock and Hold for 2026?

Oracle's stock plunged by 11% to have its worst day since the turn of the century.

Barchart

It’s the media’s job to hold power to account. This year, too many got into bed with it instead

The lines between advertising, public relations and journalism have become dangerously blurred

The Guardian - US

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20 Billionaires Who Gained Combined $460B Through AI Investments in 2025

AI investments created a $500B windfall in 2025 -- 20 billionaires, led by Larry Ellison, saw massive gains as Nvidia, Oracle and CoreWeave fueled the AI boom.

GOBankingRates

ICYMI: the week's 7 biggest tech stories from testing Android XR glasses to a revolutionary smart ring

The top tech news stories from Disney, Paramount, DC, Android, and more for December 12, 2025.

TechRadar

Deal or no deal? The inside story of the battle for Warner Bros

As Paramount, with close ties to the Trump administration, entered the bidding, experts predict any merger will ‘raise red flags’ among regulators

The Guardian - UK

Netflix and Paramount Will Fight for Trump's Favor

Which is what progressive fans of antitrust want, no?

Reason

Paramount chief does damage control over ‘60 Minutes’ MTG interview that incurred Trump’s wrath

While the Ellisons have looked to temper the president’s rage over the Marjorie Taylor Greene sitdown, they’ve also assured Donald Trump that they’d make sweeping changes at CNN if Paramount buys Warner Bros. Discovery.

The Independent UK

Oracle will shop around for AI chips after adopting a policy of 'chip neutrality'… but of course it'll still buy the latest Nvidia GPUs

AMD sales team, assemble!

PC Gamer

Jared Kushner – and three Arab monarchies – are at the heart of the Paramount-WBD bid

The president’s son-in-law is once again at the center of an international business deal that will require administration approval

The Guardian - US

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The Independent UK

Stephen Miller claims he’s banned by CNN as Trump urges new ownership for network

Miller was asked about the situation by Sean Hannity, who said of his past appearances on CNN: “That was some of the best material we’d ever had on the program, in the history of the program, is you schooling these hosts’

The Guardian - UK

Disappointing Oracle results knock $80bn off value amid AI bubble fears

Weaker-than-forecast quarterly data for Larry Ellison’s tech company shows slowdown in revenue growth and big rise in spending Business live – latest updates

International Business Times UK

Paramount X Targeted: Inside Netflix's Warner Brothers Discovery Acquisition Deal

Paramount Pictures' official X (formerly Twitter) account was compromised briefly Tuesday, with its bio reading, 'Proud arm of the fascist regime'. The incident spread like wildfire on social media and sparked rumours circling the hostile bidding war with Netflix to acquire Warner Brothers.

The Independent UK

Paramount chief reportedly promised Trump ‘sweeping changes’ at CNN as part of Warner Bros. takeover

David Ellison’s father has also brought up with White House officials which CNN anchors they’d like to get rid of if Paramount were to purchase Warner Bros. Discovery.

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Reason

Ignore the Entertainment Companies

Plus: Lost Vegas, Gen Z listlessness, Kushner mystique, Nvidia goes to China, and more...

Fortune

When David Ellison was 13, his billionaire father Larry bought him a plane. He competed in airshows before leaving it to become a Hollywood executive

Ellison, 42, revived “Top Gun”—and now he’s taking the fight to Netflix.

International Business Times UK

David Ellison Net Worth Explained: How the Paramount Chief Is Funding a Historic Hostile Takeover

David Ellison's net worth and financial backing come into focus as Paramount launches a historic hostile takeover bid for Warner Bros Discovery.

The Independent UK

Takeover bid of parent company means limbo for CNN, some fellow cable networks

It's a tough time for CNN, which looks like it will be in management limbo for some time with Paramount Skydance's hostile takeover bid of its parent company, Warner Bros

Benzinga

Trump May Require '60 Minutes' Apology Before Blessing Paramount's Warner Bid

A race to acquire Warner Bros. Discovery (NASDAQ:WBD) by Netflix Inc (NASDAQ:NFLX) and Paramount Skydance (NASDAQ:PSKY) intensified with an all-cash offer from the latter for the media company on Monday.

Reason

Donald Trump Says He'll 'Be Involved' in Choosing Who Gets To Merge With Warner Bros.

Paramount Skydance is banking on the Ellison family's relationship with Trump following Netflix outbidding the company to acquire Warner Bros.

Barchart

Dear Oracle Stock Fans, Mark Your Calendars for December 10

Down 37% from all-time highs, Oracle stock trades at a compelling valuation in December 2025, given its revenue and earnings forecast.

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People

Marjorie Taylor Greene

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