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The Latest Breaking News from Larry Ellison

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.

International Business Times UK

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 Fashion Central

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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

The Guardian - US

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.

International Business Times UK

Bernie Sanders' Media Monopoly Alert: Right-Wing Ellisons to Control TikTok, CBS, HBO & Dozens More

Bernie Sanders raises concerns over the Ellison family's increasing control over America's media landscape, including potential acquisitions of major networks

International Business Times UK

Tennis Mailbag: Who Will Be the Next ATP World No. 1?

A class of young players is looking to dethrone Jannik Sinner and Carlos Alcaraz. Plus, the tradition of star-studded doubles at Indian Wells and more.

Sports Illustrated

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Elon Musk’s mother offers new insight into world’s richest man’s simple living habits as his wealth surpasses $800BN

President Donald Trump’s personal fortune surged by $1.4 billion in his first year back in power but his former White House special adviser remains the richest man on the planet

The Independent UK

Oracle blows investors away with 22% ‘hyper growth’ — but cash flow crunches to negative $24.7 billion

Free cash flow at the enterprise software giant has tumbled over the past year as the company races to spend $50 billion on AI.

Fortune

Oracle under pressure from more than $100 billion in debt and massive layoffs

The Larry Ellison–led software giant is remaking its cloud infrastructure to rival Amazon and Microsoft.

Fortune

Top 10 richest people in the world 2026: Elon Musk, Jeff Bezos, and other tech titans leading global wealth

Global wealth has reached a new milestone. The Hurun Global Rich List 2026 reports that the number of billionaires worldwide has crossed 4,000 for the first time. A total of 4,020 individuals now hold billionaire status, which means 578 more people joined the ranks in just one year. It sounds…

The Times of India

Oracle reportedly set to axe thousands of jobs and freeze hiring as AI data center bets ignite financial perfect storm — cuts in cloud division to be backfilled with AI

Oracle reportedly set to axe thousands of jobs, could freeze hiring for cloud division

Tom’s Hardware

Netflix Has Been Vilified By Hollywood For A While, But There Are Signs That's Changing

The times, they are a-changing

Cinemablend

US government reportedly debating whether to force Tencent to give up its US-based game holdings

The process began during the first Trump administration, and is apparently now picking up steam.

PC Gamer

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The Conversation

Paramount acquires Warner Bros Discovery in mega deal: the winners, losers and Trump’s man in the middle

Netflix’s planned acquisition of Hollywood studio Warner Bros Discovery (WBD) has fallen apart at the eleventh hour, as Paramount Skydance has made a “superior” proposal to buy the conglomerate for A$156 billion.

The Independent UK

From box office bomb to media powerhouse: Skydance’s 20-year rise

It's a come-from-behind story fit for Hollywood itself

The Guardian - US

‘Not a done deal’: California vows ‘vigorous’ review of Paramount-Warner Bros takeover

Attorney general says $111bn deal will be investigated amid concerns over monopoly power and job losses

We Got This Covered

Billionaires tied to Trump outbid Netflix to take over CNN’s parent company, and their vision for the network is making anchors sweat

CNN might be up for a huge change in direction.

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The Guardian - US

CBS News and CNN staffers fear ‘disaster’ as Paramount wins Warner Bros battle

Decision by Netflix to walk away from takeover leaves workers anxious about possible merger of news networks

International Business Times UK

Netflix Drops Warner Bros Bid: Why Ted Sarandos' White House Visit Couldn't Save the $83 Billion Deal

The reasons behind Netflix's decision to withdraw from the $83 billion Warner Bros Discovery acquisition, including political, financial, and regulatory challenges, and how this impacts the streaming industry.

PC Gamer

Netflix isn't going to buy Warner Bros after all, meaning Paramount is set to take HBO, Warner Bros Games, and the rest

The acquisition was "always a 'nice to have' at the right price, not a 'must have' at any price," Netflix said.

MarketBeat

After PSKY's $31 Bid, Could Netlfix Exit the WBD Bidding War?

Amid Paramount's increased offer for Warner Bros., Netflix shares are surging. See why, and what it could mean for the future of WBD stock.

The Guardian - US

Senate Democrats investigate CBS over blocked Colbert interview

Richard Blumenthal seeks records from FCC and Paramount Global amid claims of political censorship

The Guardian - UK

Netflix boss says $83bn Warner Bros takeover will benefit industry

Comments by Ted Sarandos follow Donald Trump’s demand for company to remove Democrat from board

The Guardian - UK

Trump warns Netflix of ‘consequences’ unless it pulls top Democrat from board

US president calls for removal of Susan Rice as streaming platform pursues takeover of Warner Bros Discovery

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