President Donald Trump commented on Skydance’s acquisition of Warner Bros. Discovery, completed on Tuesday, by apparently showering praised on its CEO Larry Ellison and his father Larry.
Deadline•Patrick Hipes3h ago
President Donald Trump, who is friendly with David Ellison and his father, Larry Ellison, gave a big thumbs-up to Paramount’s megamerger with Warner Bros. Discovery, which closed earlier Tuesday to form Skydance Corp. “I’m happy about that.
Variety•Todd Spangler4h ago
$988 million in stock options Oracle awarded to co-founder Larry Ellison and new co-CEOs Clay Magouyrk and Mike Sicilia in fiscal 2026 wound up out of the money by the May 31 year end. In its Sept.
Bitcoin.com News•Guest Author18h agoBillionaire Oracle co-founder Larry Ellison is planning to bid farewell to the third-largest oceanfront parcel in Florida’s Palm Beach County, with hopes to fetch $165 million.
New CFO Hilary Maxson, who opted to take some of her pay in restricted stock units, fared much better.
Paramount executives have discussed seeking an equity investment from Elon Musk as they prepare to close the acquisition of Warner. Bros. Discovery, according to a Semafor report today.
Deadline•Jillg36623 SeptWhen we last saw John Oliver behind the desk of “Last Week Tonight,” he was mocking Trump for sacrificing a number of members of his senior staff on a decoy plane amidst his peculiar catering truck escape in Turkey.
Variety•Marlow Stern21 SeptMichael Dell’s AI success has catapulted him past the wealth of fellow tech moguls like Mark Zuckerberg and Larry Ellison.
Oracle had previously disclosed that Ellison planned to sell 50 million shares worth around $7.5 billion.
TechCrunch•Anthony Ha13 Sept
Ellison's reversal alleviates market pressure, signaling confidence in Oracle's valuation and stabilizing investor sentiment amid strategic shifts.
CryptoBriefing•Editorial Team12 SeptAbout-face comes a day after a filing revealed plans to sell up to 50mn shares by the end of October
Oracle founder Larry Ellison has canceled his plan to sell up to $7.5 billion worth of stock in the software company.
Ellison's stock sale plan could signal shifts in Oracle's strategic direction and investor sentiment, impacting market perceptions and valuations.
CryptoBriefing•Editorial Team12 SeptOracle founder Larry Ellison, the world's seventh-richest person, can sell up to 50 million of his shares in the software company under a new trading plan.
Ellison's stock sale could signal shifts in Oracle's market perception, impacting investor confidence amid AI and cloud sector uncertainties.
CryptoBriefing•Editorial Team11 SeptFounder to offload as many as 50mn shares as company posts higher revenue from data centres but faces investor fears it is overcommitted to AI
The scrutiny of Oracle's role in the VA project highlights the critical need for accountability and efficiency in large-scale government IT contracts.
CryptoBriefing•Editorial Team2 SeptOracle's AI pivot, fueled by massive debt, could redefine its market position but poses significant financial and regulatory risks.
CryptoBriefing•Editorial Team31 JulEllison's control over Oracle raises governance concerns, complicating valuation and investor confidence amid rapid, unconventional ventures.
CryptoBriefing•Editorial Team29 Jul