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The Latest Breaking News from Larry Ellison

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.

Fortune

Bronfman Makes $4.3B Bid for Paramount

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

TV Tech

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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

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.

Fortune

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.

Fortune

David Ellison Spells Out Goals for ‘New Paramount’

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

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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

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

Fortune

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.

Kiplinger

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.

TechRadar

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

The Guardian - US

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.

TechRadar

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

Broadcasting & Cable

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TechRadar

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.

StockNews.com

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.

Top News

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.

StockNews.com

Making Sense of Oracle's (ORCL) Earnings and What It Means for Investors

In light of the recently revealed fiscal second-quarter results by the leading software giant Oracle Corp (ORCL) and the optimistic outlook for the software industry, driven by robust demand for cloud-based solutions, should investors consider adding the stock to their portfolio? Let’s find out….

The Independent UK

Star skipper Jimmy Spithill to start an Italian team following his departure from US SailGP Team

Star skipper Jimmy Spithill plans to start a new Italian team following his departure from the United States SailGP team

InsideEVs

Oracle Teases Tesla Cybertruck Police Cruiser, Coming "Very Soon"

Oracle co-founder and ex-Tesla board member Larry Ellison teased the police Cybertruck complete with emergency lights, sirens, a bull bar, and Oracle livery.

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