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The Latest Breaking News from Larry Ellison

TikTok Tug-of-War: Trump Enlists Media Moguls and Tech Tycoons in Bid to Control App

A new consortium of billionaires including Rupert Murdoch, Larry Ellison, and Michael Dell has emerged as the frontrunner to take control of TikTok's US operations. This article examines the implications and the future of the social media giant.

International Business Times UK

Trump says Lachlan Murdoch part of proposed TikTok deal

Murdoch will be part of a group of US investors – including Trump allies – trying to take over TikTok’s US operations.

Al Jazeera

Trump says Rupert and Lachlan Murdoch likely part of US TikTok deal

US president tells Fox News ‘a man named Lachlan is involved … that’s a very unusual name, Lachlan Murdoch’

The Guardian - US

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Bill, Melinda French Gates Teach Phoebe The Power Of People, Not Money, As Her AI Fashion-Tech Startup Secures $8 Million From Top Investors

A billionaire and co-founder of Microsoft Corporation (NASDAQ:MSFT), Bill Gates and Melinda French Gates may be among the world's richest philanthropists, but when it comes to their 23-year-old daughter Phoebe's first company, the only thing they offered was advice, not cash.

Benzinga

Bill Gates Shares His Two-Step Secret To Problem-Solving, A Technique He's Used Since Teenage: 'It's Surprisingly Hard'

Bill Gates, billionaire and the co-founder of Microsoft Corporation (NASDAQ:MSFT), shared his approach to solving problems, including those related to his philanthropic projects.

Benzinga

Jimmy Kimmel, Stephen Colbert … who is the next to be silenced?

When a regime can use the power of the law to punish speech because it does not like that speech’s content, then speech is not free

The Guardian - US

‘Court of King Trump’: how media barons are bowing to president to protect key deals

Suspension of Jimmy Kimmel’s TV show over Charlie Kirk comments is latest sign of business coming under pressure from White House

The Guardian - UK

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$34 billion was wiped from Larry Ellison’s net worth days after briefly becoming the world’s richest as ‘AI bubble’ fears grow

Larry Ellison briefly knocked Tesla CEO Elon Musk from the top spot last week, but he’s lost billions in the one week since.

Fortune

Trump’s suit against the New York Times is nonsense. Yet it poses a grave threat

The president won’t prevail in court. But his cases against media companies have a potential chilling effect on criticism of the government

The Guardian - US

What is Oracle, and how has the 50-year-old company made a tech comeback with AI and TikTok?

The company’s co-founder Larry Ellison briefly overtook Elon Musk as the world’s richest person this month.

Euronews

Media's MAGA makeover

The media landscape of 2016 is unrecognizable.

Axios

‘He lied to us’: CBS News staffers say new owner David Ellison ‘just can’t be trusted’

EXCLUSIVE: Multiple CBS News staffers said new owner David Ellison has broken his promise not to “politicize” the network by installing a Trump loyalist as ombudsman, and courting The Free Press founder Bari Weiss for a senior editorial position

The Independent UK

Why the Oracle-OpenAI deal has set 'AI Bubble' alarm bells ringing

Oracle’s $300B deal with OpenAI drove a stock surge, but investors worry both companies could fail to deliver

Fortune

Amid Elon Musk's $1 Billion Stock Buy, Here Are Tesla's 5 Biggest Market-Open Insider Purchases Since It Went Public

Elon Musk's purchase of over 2.57 million Tesla Inc. (NASDAQ:TSLA) shares totaling $1 billion is the biggest market-open insider trade for the EV giant since it went public in 2010. With that said, here's a look at some of Tesla's biggest market-open insider trades.

Benzinga

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Benzinga

Larry Ellison: College Dropout And World's 2nd Richest Man

Larry Ellison, co-founder and chief technology officer of Oracle Corp. (NYSE:ORCL), has led a life full of remarkable and lesser-known accomplishments.

The Guardian - US

How the US right wing is taking over news media and choking press freedom

Takeover of broadcast companies by Donald Trump’s allies is harbinger of media capitulation to authoritarian leanings

Barchart

Stocks Settle Mixed as Bond Yields Climb

The S&P 500 Index ($SPX ) (SPY ) on Friday closed down -0.05%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.59%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.42%. September E-mini S&P futures (ESU25 ) fell -0.06%, and September E-mini Nasdaq futures...

Barchart

Stock Indexes Near Record Highs on Fed Rate Cut Expectations

The S&P 500 Index ($SPX ) (SPY ) today is up +0.09%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.31%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.37%. September E-mini S&P futures (ESU25 ) are up +0.06%, and September E-mini Nasdaq futures...

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Barchart

Stocks Pressured as Bond Yields Climb

The S&P 500 Index ($SPX ) (SPY ) today is down -0.08%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.15%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.05%. September E-mini S&P futures (ESU25 ) are down -0.07%, and September E-mini Nasdaq futures...

Benzinga

Paramount Wants Barbie Magic, But Warner Bros Debt Looks Like Mission Impossible

Investors betting on a Paramount Skydance Corp (NASDAQ:PSKY)–Warner Bros Discovery Inc (NASDAQ:WBD) tie-up aren't just buying into a flashy studio mash-up; they're staring down a high-stakes reshaping of Hollywood's balance of power.

The Guardian - UK

Digested week: Marsupial brings cheer in dark and dysfunctional days

It was left to a – albeit extinct – tiny relative of the kangaroo to offer some relief from the blizzard of major events

Windows Central

Paramount is reportedly prepping a bid to buy Warner Bros — a deal including gaming properties like Mortal Kombat and more

Paramount Skydance is reportedly prepping a bid to purchase Warner Bros. Discovery, which includes the WG Games unit.

The Guardian - US

The real bias monitor at CBS is Donald Trump

The hiring of Kenneth Weinstein as an ombudsman hands the US president a seat at the editors’ desk

The Conversation

AI hype has just shaken up the world’s rich list. What if the boom is really a bubble?

Just for a moment this week, Larry Ellison, co-founder of US cloud computing company Oracle, became the world’s richest person. The octogenarian tech titan briefly overtook Elon Musk after Oracle’s share price rocketed 43% in a day, adding about US$100 billion (A$150 billion) to his wealth.

Barchart

Stocks Climb to Record Highs on the Outlook for Fed Rate Cuts

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +0.85%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +1.36%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.60%. September E-mini S&P futures (ESU25 ) rose +0.81%, and September E-mini Nasdaq futures...

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