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The Latest Breaking News from Larry Ellison

Kentucky Route Zero and Stray publisher Annapurna Interactive has collapsed, with its entire staff quitting en masse

The mass-exodus came after negotiations between the employees and owner Megan Ellison fell through.

PC Gamer

Oracle's stock surges while Intel's flounders

Shares of Oracle are up 55% for the year, trailing only Nvidia's nearly 150% rally in that span, while Intel is down 60% in that span.

Fortune

Why Amazon And Oracle Could Both Have 'A Lot To Gain' Working Together

Oracle stock is rocketing higher Tuesday, helped by a strong earnings report and its plan to partner up with Amazon.

Investors Business Daily

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Paramount Chair Shari Redstone To Receive $180M In Severance, Benefits: Report

Paramount chair Shari Redstone is set to receive $180 million in severance pay following Skydance's acquisition of the movie company.

International Business Times

Top 10 List Of World's Richest People Sees Another Shuffling Of Its Ranks

Elon Musk remained No. 1 but the volatile value of tech stocks led more than half of the billionaires to trade places for a second consecutive month.

International Business Times

Edgar Bronfman Jr.’s Bid for Paramount Fades to Black

Withdrawal appears to clear way for Skydance to close acquisition of struggling media company

Multichannel News

The Centibillionaires Club: 15 People Worth Over $100 Billion And Three More About To Join Their Ranks

Although there are only 15 centibillionaires, their combined wealth is around $2.3 trillion, according to the Bloomberg Billionaires Index.

International Business Times UK

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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

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

The World's 10 Richest Men Just Lost $45 Billion. This Tech Founder Is The Biggest Loser.

The world's biggest billionaires had a rough Friday, led by Amazon founder Jeff Bezos. But most have had a great 2024.

Investors Business Daily

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

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Multichannel News

David Ellison Spells Out Goals for ‘New Paramount’

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

International Business Times

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.

Fortune

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.”

Kiplinger

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.

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news in one place.

100’s of premium titles.
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TechRadar

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.

The Guardian - US

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

Investors Business Daily

Oracle Stock Jumps On Report of $10 Billion Cloud Deal With Musk's AI Startup

Elon Musk's startup xAI is in talks with Oracle on a $10 billion cloud-computing deal, according to The Information.

TechRadar

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.

Broadcasting & Cable

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

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,…

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Dipanjan BanchurSince

From analysis to the latest developments in health,
read the most diverse news in one place.

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