200 stories found
Paramount is seeking a $1.88 billion bond from state attorneys general who are challenging its proposed merger with Warner Bros. Discovery. The bond is intended to cover potential costs incurred by delays to the merger.
Rosie O’Donnell expressed surprise at the offer to guest host 'Jimmy Kimmel Live' during Kimmel's vacation, marking her return to the talk-show desk.
Oracle's stock decline has caused Larry Ellison's net worth to fall, moving him from the world's second-richest person to eighth in just two months.
Reports indicate that Ellison is now willing to sell CNN as a measure to save his $111 billion deal, though this move is not expected to resolve the ongoing lawsuit.
Paramount is reportedly considering relocating its operations out of Hollywood, California, after 114 years, due to an ongoing antitrust lawsuit related to its potential merger with Warner Bros. Discovery. The move has sparked debate, with some officials suggesting a settlement over a court battle.
Gary Glowacz, 70, has been arrested and charged with second-degree murder in Florida, nearly four decades after allegedly confessing to the 1987 killing of Melissa Taylor Ellison.
David Ellison has successfully gained the support of the world's two largest movie theater chains for a merger deal, despite opposition from other peers in the industry.
The United Kingdom has granted approval for Paramount's $110 billion acquisition of Warner Bros. Discovery, following concessions made by Paramount. This decision clears a significant regulatory hurdle for the major media merger.
As a lawsuit from 12 states halts David Ellison’s $111 billion deal close until the March trial, both studios are in a holding pattern, with some projects at risk and priorities restricted by deal…
An article examines the recent activities and strategic intentions of David Ellison, suggesting they may be part of an apparent anti-Attorney General plan.
Paramount Skydance CEO David Ellison's company may soon have to pay up to WBD investors. Gabe Ginsberg/Getty Images Paramount Skydance's financial backers may soon owe billions to WBD…
Paramount CEO David Ellison claims that the opposition to the $111 billion merger between Paramount Skydance and Warner Bros Discovery is driven by concerns over potential control of CNN.
Oracle's substantial investment in AI has reportedly cost Larry Ellison $207 billion, as an analyst warns that the current AI bubble is significantly larger than the dot-com bubble.
Steve Jobs once advised Oracle founder Larry Ellison not to buy Apple for approximately five billion dollars, preferring to return to lead the company through NeXT and emphasizing moral leadership over financial gain.
The Ellison family's tech and media empire, which includes Oracle, Paramount, and TikTok, is reportedly facing increasing legal and financial challenges on multiple fronts.
The Pentagon announced it would not finish spending Ukraine aid funds until after the year Donald Trump leaves office, while Trump faces ongoing legal challenges and makes controversial statements regarding international allies and conflicts. These developments occur as over 600 US troops have been wounded since the Iran war began, and a Trump-linked influencer visited a rebuilt power substation in Ukraine.
Paramount Skydance CEO David Ellison expressed confidence that the combination with Warner Bros. Discovery will close, assuring staffers that the deal poses no legal issues.
Bruce Springsteen and Colin Kaepernick were recognized with the ACLU Ralph Ellison Award for Defenders of Civil Rights and Civil Liberties, with Springsteen performing at the ceremony.
Oracle's stock crash has reportedly cost its co-founder Larry Ellison $213 billion over a ten-month period, raising questions for investors about buying the dip.
Employees at Paramount and Warner Bros. Discovery are reportedly anxious as David Ellison's proposed mega-merger to acquire Warner Bros. Discovery has been put on hold.
Tech magnate Larry Ellison, who once struggled with utility bills, has acquired 98 percent of the Hawaiian island of Lanai for $300 million, where he now resides full-time.
Oracle's recent stock crash has reportedly caused embarrassment for its billionaire founder, Larry Ellison, as the company faces market challenges.
A Paramount Skydance shareholder has filed a derivative lawsuit against the company's officers and directors, alleging breach of fiduciary duty in their pursuit of Warner Bros. Discovery and making promises to Donald Trump.
Larry Ellison, once the world's richest man, sees Oracle's stock down over 50% while he reportedly bankrolls his son's fight to control a $110 billion media empire.
Paramount CEO David Ellison and his family, who have strong ties to Tennessee, are reportedly considering moving the studio to the state amidst a legal dispute with California.
Paramount CEO David Ellison is actively supporting a bipartisan federal film tax incentive, meeting with House members to discuss the initiative. This move comes amidst a proposed merger challenge by state attorneys general.
Olympic gold medalist and former WWE prospect Gable Steveson made a dominant UFC debut, securing a brutal knockout victory over Elisha Ellison at UFC 329. Steveson's performance marked a successful transition into mixed martial arts.
The proposed merger between Paramount and Warner Bros. Discovery is undergoing intense antitrust review in Europe, with Britain's stance potentially crucial for David Ellison to meet his September deadline for the deal.
Larry Ellison has fallen below Mark Zuckerberg, now ranking as the seventh richest person on Forbes' list.
Tech titan Larry Ellison, founder of Oracle, has reportedly channeled over $45 million to pro-Trump initiatives, a move that had largely been kept out of public view.
The US Senate approved a resolution to limit President Trump's ability to wage war against Iran, marking a rare bipartisan challenge to his foreign policy. This move comes amidst rising frustrations within the Republican party regarding Trump's approach to Iran.
CBS Evening News anchor Tony Dokoupil opens up about his experiences, including working with Bari Weiss and David Ellison, and reflects on an on-air joke he regrets.
A federal judge has ruled against the Trump administration's data system designed to verify voters, deeming it unlawful and blocking its use. This decision impacts the administration's efforts to implement election reform and voter screening measures.
Paramount reportedly rejected an advertisement submitted by a press freedom group that criticized its owners, David and Larry Ellison, and the potential acquisition of Warner Bros, citing a 'conflict of interest'.
Prominent tech leaders, including Sergey Brin and Larry Ellison, are reportedly moving to Incline Village, Nevada, to avoid California's proposed 2026 Billionaire Tax Act, seeking financial advantages in the tax-friendly state.
Paramount is reorganizing its streaming teams as Skydance CEO David Ellison's strategic vision, which prioritizes consolidating streaming services onto a single tech platform, begins to take shape.
Paramount CEO David Ellison has publicly pledged to maintain the editorial independence of the long-running news program '60 Minutes'. This assurance was given during an interview with Lesley Stahl.
A significant internal crisis has erupted at CBS, described as a 'mutiny' against Bari Weiss and David Ellison, which reportedly originated from Donald Trump’s earlier criticisms of '60 Minutes'.
A significant rally in Oracle's stock has elevated co-founder Larry Ellison past Jeff Bezos, making him the world's third-richest individual.
Oracle's Larry Ellison saw a significant gain of $71 billion, while Elon Musk maintained his position as the wealthiest individual among the top 10 richest people as of June 2026.
Zoho founder Sridhar Vembu has reiterated Oracle's Larry Ellison's perspective that artificial intelligence is rapidly becoming a commodity, with the primary value shifting towards applications built on top of AI models.
The Ellison family's substantial $49 billion financial request is being viewed as a critical test for market stability and investor sentiment.
A.G. Sulzberger, owner of The New York Times, publicly criticized CBS and its owner David Ellison, alleging that the network has become pro-Trump.
Stephen Colbert's "The Late Show" aired its final episode, concluding its run with celebrity guests and discussions about alleged pressure from Donald Trump, who reportedly disliked the program.
The UK government has banned at least eleven foreign far-right agitators from entering the country ahead of a planned rally in London. The measure aims to prevent potential unrest during the protest organized by activist Tommy Robinson.
Warner Bros. Discovery co-heads of sales acknowledged the looming $110 billion Paramount acquisition during the company's upfront presentation.
Comedian Seth Meyers delivered jokes targeting Paramount Skydance CEO David Ellison and Paramount during NBCUniversal's annual presentation to advertisers.
Christiane Amanpour has highlighted financial issues at CBS, using them as a cautionary example regarding David Ellison's potential takeover of CNN.
Scarlett Abinante, Genevieve Angelson, Tommy Dewey, Matthew Kellison, Colette Porch, and Ella Rubin have been added to the cast of HBO Max's one-hour drama pilot 'How to Survive Without Me'.
AMC Entertainment's CEO expressed confidence in David Ellison, stating he is fully committed to and capable of fulfilling promises made regarding theatrical windows and film releases. Ellison, CEO of Paramount, had previously committed to a 45-day theatrical window and releasing 30 movies a year if combined with Warner Bros.
David Ellison of Paramount has reiterated his commitment to producing 30 films per year, a promise he made in the context of his company's potential acquisition of Warner Bros.
Paramount CEO David Ellison has set an ambitious target for the studio to release 30 films per year. However, industry history and Hollywood experts suggest that such a high volume of production is unrealistic.
An analysis explores how Larry Ellison's wealth accumulation and financial strategies differ from those of other prominent tech billionaires.
French President Emmanuel Macron visited Athens, pledging military backing for Greece and emphasizing the strengthening of strategic cooperation between the two nations. His visit highlighted the Greek-French alliance and shared European challenges.
Warner Bros. has released the first trailer for the DCU's Clayface movie, teasing a grisly body horror film and confirming its R-rating. The trailer has generated significant discussion about the character's connection to James Gunn's DC Universe and the new Gotham City design.
David Ellison presented Paramount's offerings, including technology, films, and Taylor Sheridan's shows, to advertising executives in New York.
David Ellison, the new owner of Paramount, has appointed journalist Bari Weiss to lead CBS News. Her initial decisions and declining viewership have generated significant discussion over the past six months.
Reed Hastings, co-founder of Netflix, is stepping down from his role as chairman after 29 years with the company. His departure marks a significant leadership change for the streaming giant, with some reports noting a drop in stock value following the announcement.
Minnesota Democrats united to successfully block an impeachment effort against Governor Walz and Attorney General Ellison, a move that sparked online outrage.
The US Senate voted down measures seeking to block arms sales to Israel and to rein in President Trump's war powers regarding Iran, with most Democrats supporting the efforts to halt the arms sales.
Donald Trump has repeatedly shared AI-generated images depicting himself in religious contexts, including being embraced by Jesus, drawing both praise from some evangelical leaders and broader discussion.
Does David Zaslav deserve to receive more than half a billion dollars in connection with the sale of Warner Bros. Discovery to David Ellison’s Paramount Skydance?
Lowe's CEO Marvin Ellison warned against overspending on AI, stating it cannot replace essential skilled trades, and announced a $250 million investment to train 250,000 skilled workers.
Paramount Skydance, led by David Ellison, has reportedly secured nearly $24 billion in commitments from sovereign wealth funds in Saudi Arabia, Qatar, and Abu Dhabi. This funding is intended to back its potential takeover of Warner Bros. Discovery.
Elon Musk and Walmart heirs experienced wealth gains in the first quarter, while other prominent billionaires like Jeff Bezos, Larry Ellison, and Mark Zuckerberg saw stock losses.
R.J. Cipriani, a high-stakes gambler, has detailed his $150 million legal case against David Ellison's Paramount and studio president Jeff Shell, describing it as a 'total war' against the Hollywood establishment.
David Ellison stated that the Skydance-Paramount merger is expected to yield savings significantly exceeding initial projections, with $2.5 billion anticipated by the end of the year, alongside plans to converge Paramount+ and BET+.
The David Ellison-led company says that the state AG plaintiffs are required to post the bond "so that if they lose, the injured party has a source of recovery for the damage caused."
Actor Noah Wyle expressed his hope that David Ellison's suggestion of moving Paramount Pictures out of California is merely 'saber rattling.' Wyle believes such a move would be detrimental to the industry, stating, 'You’re Going to Take Hollywood Out of Hollywood'.
The proposed merger between Paramount and Warner Bros. has received approval from Mexico, leaving a lawsuit by US State Attorneys General as the sole remaining barrier. David Ellison's Friday ParaBros News Dump included complaints about the 'needless costs' of the antitrust suit.
Employees at Paramount reportedly have greater concerns than a rumored plan to move the company out of California, with many not expecting CEO David Ellison to uproot the company.
The Writers Guild of America (WGA) criticized Paramount Skydance CEO David Ellison's threat to move Paramount out of California if the state's Attorney General does not address antitrust concerns related to a proposed merger.
Larry Ellison's net worth increased as Oracle shares jumped, allowing him to surpass Jensen Huang as the world's seventh-wealthiest person after Nvidia shares experienced a decline.
David Ellison, CEO of Paramount Skydance, is advocating for a merger with Warner Bros., promising contractual guarantees for a 30-film annual slate to theater owners.
Discussions are ongoing regarding David Ellison's potential role in salvaging a proposed $111 billion merger between Paramount and Warner Bros. Discovery. Experts are debating whether Ellison could be the key to the deal's success.
Ellison has stated that CNN is at the heart of the ongoing dispute.
An armed 38-year-old man was arrested at a Donald Trump-owned golf course near Los Angeles, days before the former president's scheduled visit. The man was found with weapons in his car and was reportedly taking pictures, raising concerns among investigators.
The CEO of Paramount-Skydance, David Ellison, has responded to criticism regarding the proposed $110 billion merger with Warner Bros., stating that the objections are based on an outdated Hollywood business model.
David Ellison commented on the scrutiny surrounding the Paramount-Warner Bros. Discovery merger, which has been pushed back until 2027, specifically addressing concerns about his trustworthiness with CNN.
A New York Times investigation examines Larry Ellison's significant investment in the artificial intelligence boom, questioning whether his gamble will lead to success or if he will become the symbol of an AI bubble.
An analysis discusses the state of Larry Ellison's business, with commentary from Plamen Monovski, co-founder of Blackrock Emerging Markets, on asset selection for portfolios.
Larry Ellison, who backed his son David's acquisition of Paramount, now faces a court challenge from the state of California that could jeopardize their planned acquisition of Warner Bros. Discovery.
Prominent actors, including Benedict Cumberbatch, Alan Cumming, and Benedict Wong, are urging the UK government to block the proposed Paramount-Warner Bros. merger. They argue the deal is 'dangerous' and threatens to inflict immense harm on the TV and cinema industries.
CNN staffers reportedly maintain a grim morale despite a temporary restraining order delaying the Paramount-Warner Bros. Discovery merger, which could give David Ellison control of the network.
The Pentagon has awarded Oracle a $7 billion contract, prompting speculation about whether this significant lifeline will be sufficient to prevent a potential 'Oracle crash'.
Oracle co-founder Larry Ellison has reportedly lost $66 billion, marking a significant decrease in his personal wealth. The reasons for this substantial financial decline were not immediately detailed.
Paramount's attempt to acquire rival Warner is facing significant resistance, with a judge temporarily halting the takeover, raising questions about the deal's future.
Billionaires such as Ken Griffin and Larry Ellison are reportedly engaging in "landmaxxing," a trend where they purchase adjacent properties to expand their luxury homes into large, contiguous private complexes.
A shareholder lawsuit accuses Larry and David Ellison of a corrupt deal with former President Trump, allegedly promising private benefits for regulatory approval, including the firing of CNN anchors Trump disliked; Paramount denies the allegations.
Paramount investor has sued David and Larry Ellison, alleging they made an 'illegal' side deal with Donald Trump to secure U.S. governmental approval for the takeover of Warner Bros.
Ultra-wealthy individuals, dubbed 'Landmaxxers' like Ken Griffin and Larry Ellison, are reportedly buying up neighboring properties to create extensive private complexes rather than just single mansions.
Ultra-rich individuals, dubbed 'Landmaxxers' like Ken Griffin and Larry Ellison, are increasingly buying up neighboring properties to create expansive private compounds rather than just single mansions.
Larry Ellison has fallen behind Nvidia's CEO Jensen Huang, who is now ranked as the eighth richest person. This shift reflects the significant rise in Nvidia's market value.
Billionaire tech titan Larry Ellison is highlighted for his contrasting approaches to personal acquisitions, from a contentious fight over landing his private jet to a smooth, low-fuss purchase of a $490 million megayacht.
Forbes Daily reports on the fluctuating fortunes of billionaires, noting that Elon Musk's wealth has once again reached trillionaire status, while Larry Ellison's fortune has seen a dip.
President Trump has nominated former US Marine Lance Schroyer to be the new permanent director of Immigration and Customs Enforcement (ICE). This marks Trump's first permanent pick for the role, following a period of interim leadership.
Donald Trump cast doubt on the United States' involvement in a strike on a school in Minab, Iran, suggesting it might not have been an American missile. Meanwhile, Iran accused NATO of complicity in the war launched by the US and Israel.
The European Union is expected to clear Paramount's $111 billion takeover of Warner Bros, with David Ellison's media group discussing remedies with Brussels to overcome regulatory hurdles.
The future of James Gunn's DC Universe is being discussed by Paramount CEO David Ellison, who has weighed in on the films amidst ongoing uncertainty surrounding the Warner Bros. merger.
Minnesota Attorney General Keith Ellison became agitated and ended an interview when questioned about a fraud scandal. He stated, 'I’m done talking to you' during the exchange.
A significant collapse in Oracle's stock price has negatively impacted co-founder Larry Ellison's wealth, causing him to fall to fifth place among the world's richest individuals, now behind Jeff Bezos.
Kinepolis has acquired Paramount's U.S. movie theater chain, Showcase Cinemas, in a deal valued at $30 million. This transaction includes the sale of the Redstone family's movie theaters.
Larry Ellison, founder of Oracle, experienced a significant drop in his net worth, losing over $47 billion in less than a week, primarily due to a broader selloff in technology and AI stocks, causing Oracle shares to decline.
Oracle co-founder Larry Ellison's net worth has reportedly decreased by almost $50 billion within a single week, according to Forbes.
Paramount's newly appointed President of International, Kevin MacLellan, shared insights on how David Ellison convinced him to join and the industry's shift from 'frightened paralysis.'
BET has established a new Board of Advisors, including Queen Latifah, LL Cool J, and George Cheeks, as it charts a new future under David Ellison's leadership, serving as a strategic and cultural sounding board.
Prominent billionaires including Larry Ellison, Masayoshi Son, and Michael Saylor are reportedly engaged in efforts to redefine and reshape their public and business legacies.
American scientist Gary Marcus has responded to Oracle founder Larry Ellison's claim that AI models are commoditized due to training on the same public data, stating he had previously warned of this 'no moat' problem.
Larry Ellison has privately pledged to keep the debt of an enlarged Paramount in check. This commitment comes amidst discussions about the future financial structure of the media company.
As CBS Radio shutters its operations, the WGA East union, which has represented its reporters since 1954, released a strong memo accusing David Ellison and Bari Weiss of breaking trust with employees and audience.
An opinion piece reflects on Ralph Ellison's "Invisible Man" and delves into the founding myths surrounding Kwegyir Aggrey. The author explores themes of insightfulness and provocation within historical texts.
Paramount+ is reportedly exploring the addition of video podcasts to its platform, following a similar move by Netflix, with CEO David Ellison showing interest.
Paramount and Skydance are defending their proposed merger with Warner Bros. Discovery against concerns raised by figures like Tom Steyer and congressmen regarding its potential impact on media and competition. The companies argue the combined entity is necessary to compete with larger streaming services and will boost theatrical distribution.
Warner Bros. has reached a $57 million settlement with Village Roadshow, resolving a legal dispute over the 'Matrix Resurrections' film. This agreement concludes a significant financial and legal battle between the two studios.
Ted Turner, the pioneering media mogul who founded CNN and revolutionized television news, has died at the age of 87. He was widely recognized for his significant impact on the global media landscape.
CNN's chief international anchor Christiane Amanpour has voiced concerns regarding a potential Ellison takeover ahead of the Paramount Skydance merger with Warner Bros Discovery, citing worries about an 'ideological realignment of CBS News'.
UniCredit Bank has announced a record quarterly profit, with its net profit in Czechia and Slovakia also seeing a significant increase. This financial performance highlights strong investment income for the banking group.
The 'Genuine Fake Premium Economy' exhibition at ICA, London, showcases the bitter and resentful art of Jenna Bliss, Buck Ellison, and Jasmine Gregory, reflecting their experiences with the financial crash.
Donald Trump has reportedly instructed his aides to prepare for an extended blockade of Iran, particularly the Strait of Hormuz. He also issued a stern warning to Iran, stating they 'better get smart soon' and that the 'no more Mr. nice guy' approach is over.
A Democrat politician, Murphy, has issued a warning to "information oligarchs" like Ellison, stating that Democrats intend to break up big media companies.
Paramount's former President Jeff Shell and CEO David Ellison are reported to have received substantial compensation packages for 2025, with Shell's pay topping $60 million and Ellison's reaching $63.2 million. These figures highlight significant executive earnings at the media company.
Under CEO David Ellison, Paramount is reportedly planning to integrate a TikTok-esque short-form feed into its flagship streaming service, Paramount+.
CinemaCon 2026 featured significant industry discussions, including David Ellison addressing a 'rebellion,' Tom Rothman's remarks to theater owners, and Steven Spielberg issuing an urgent warning. Attendees also noted several impressive movie presentations.
Paramount CEO Ellison announced the company's commitment to significantly increase its film output, promising theater owners that Paramount will roll out 30 films per year.
CinemaCon featured the debut of several highly anticipated movie trailers and first looks, including the epic fantasy "Children of Blood and Bone," Brad Pitt's survival thriller "Heart of the Beast," and the latest "Jackass" installment. The event provided audiences with a glimpse into upcoming cinematic releases.
Ellison of Paramount Skydance has made an ambitious promise to movie theaters, signaling potential new strategies or commitments within the film industry.
Senator Cory Booker (D-NJ) continues to invite Paramount CEO David Ellison to testify on the proposed acquisition of Warner Bros. Discovery, following a hearing that raised concerns about potential layoffs, reduced diversity, and political influence.
Paramount CEO David Ellison will not appear at a Senate hearing concerning the Warner Bros. deal or merger. His company stated that his absence is due to a death in his family.
Jeff Shell, president of Paramount Skydance, is leaving his role and is set to receive a payout of at least $5 million, including his salary and annual bonus.
Jeff Shell has officially departed from his role as president of Paramount, following an internal investigation into allegations that he revealed non-public information. His ouster comes after a public dispute and legal battle with a professional gambler.
Paramount Skydance CEO has repeatedly cited the statistic when laying out the approach that CBS News and potentially CNN would take During an early March appearance on CNBC, the Paramount Skydance…
A potential merger or alliance between Paramount and Warner is expected to create a new entertainment empire, aiming to significantly alter the competitive landscape of the streaming industry against giants like Netflix and YouTube.
Oracle Chairman Larry Ellison shared a personal reflection, stating, "I have had a lot of failure in my life, but..." as part of a quote of the day.
Five of the biggest names in tech have collectively seen nearly $200 billion wiped off their fortunes this year, including Oracle cofounder Larry Ellison, as the initial excitement around AI begins to temper.
CNN staffers are reportedly bracing for and pushing back against a potential plan by Paramount CEO David Ellison to establish an editorial board to oversee the network, amidst the looming Paramount-Warner Bros. Discovery merger.
'You helped fraudsters in $9B scam': Senators grill Minnesota AG Keith Ellison at explosive hearing The Economic Times
Paramount announced it has secured all global clearances necessary to finalize its deal with Warner Bros. Discovery, with the exception of an ongoing lawsuit, as David Ellison confirmed offering commitments and concessions.
The top Democrat on the House Judiciary Committee, Rep. Jamie Raskin, has requested a transcribed interview with Paramount CEO David Ellison regarding the proposed merger with Warner Bros. Discovery.
David Ellison has threatened to move Paramount's operations out of California if the state's Attorney General does not negotiate a settlement in the antitrust lawsuit blocking the Warner Bros. Discovery merger. The California Attorney General has criticized this move as a 'blackmail' attempt.
Paramount has secured over $37 million in California tax credits for in-state filming, even as it faces a battle with the California Attorney General over a proposed merger. The AG accuses Paramount of spreading misinformation regarding the Warner Bros. Discovery merger.
The CEO of Paramount Skydance, David Ellison, stated that audience engagement is crucial for the success of the proposed merger with Warner Bros. Discovery, while dismissing antitrust concerns.
Paramount CEO David Ellison has claimed that political motivations are fueling the ongoing merger battle with Warner Bros, making the allegation ahead of a case hearing and dismissing litigants' concerns about market share.
Paramount CEO David Ellison has broken his silence on the proposed Warner Bros. merger, stating that politics are fueling the battle and that antitrust concerns are focused on CNN rather than market share. He aims to quell fears about the potential control of media outlets.
A judge has scheduled the antitrust trial concerning the proposed Paramount-Warner Bros. merger for March 2027. While David Ellison's team remains open to settlement, they express confidence in winning at trial.
David Ellison broke his silence on the Paramount-Warner Bros. Discovery merger battle, stating that opposition stems from his potential control of CNN and vowing not to influence the news network's editorial independence.
Paramount CEO David Ellison has defended his political views following accusations of a 'MAGA turn' at CBS News, addressing speculation about his politics, loyalties, and intentions as a potential steward of Warner's CNN.
OpenAI CEO Sam Altman admitted to becoming addicted to TikTok, eventually deleting the app due to its powerful recommendation algorithm. This revelation comes as OpenAI also abandoned its Sora video generation project, citing high computing costs.
Larry Ellison and his family face a potential $9.8 billion liability if the proposed deal for Paramount Skydance to acquire Warner Bros. Discovery Inc. falls through. The financial implications highlight the high stakes of the acquisition.
Larry Ellison and his family stand to lose $9.8 billion if the proposed deal for Paramount Skydance Corp. to acquire Warner Bros. Discovery Inc. does not materialize.
Paramount CEO David Ellison has reassured staff about the Warner Bros. Discovery merger, expressing high confidence in its completion despite an ongoing antitrust suit.
Warner Bros. has filed a lawsuit against Amazon, accusing the company of illegally poaching its executives, specifically former HBO Max executive Pia Barlow. This legal action comes amidst discussions of a potential Paramount/WBD merger and related financial guarantees.
A leaked internal presentation has revealed David Ellison's top streaming priorities for Paramount+, indicating plans for new features and upgrades to the platform.
Billionaires like Larry Ellison, Ken Griffin, and Jeff Bezos are increasingly buying adjacent properties, a trend dubbed 'Landmaxxing,' to expand their private estates, enhance privacy, and secure long-term investments.
Oracle co-founder Larry Ellison once planned a $5 billion hostile takeover of Apple with the intention of reinstating Steve Jobs as CEO, even arranging to borrow the entire sum. However, Jobs reportedly declined the offer, stating he did not need more money.
The American Civil Liberties Union (ACLU) has announced that Colin Kaepernick has been selected to receive a new award, the Ralph Ellison Award, recognizing his profound contributions to American thought and culture.
Paramount investors have filed a lawsuit against David and Larry Ellison, alleging an illegal side deal to overhaul CNN in alignment with the administration's efforts to reshape media.
California Attorney General Rob Bonta stated that Paramount's defense regarding its Netflix deal misses the point in the ongoing lawsuit led by California and 11 other states against David Ellison's Paramount Skydance.
Twelve US states, along with various industry groups, have filed lawsuits seeking to block the proposed merger between Paramount and Warner Bros. Discovery. They argue that the combination would harm competition and is not in the public interest.
Following a swift victory over Elisha Ellison in his UFC debut, Gable Steveson has declared his readiness for the bright lights of Madison Square Garden.
Oracle's stock has recorded its most significant monthly decline since 1990, prompting questions about the factors impacting Larry Ellison's technology empire. Analysts are examining the reasons behind this sharp downturn.
An article highlights an unexpected tech founder who has surpassed figures like Mark Zuckerberg, Larry Ellison, and Jensen Huang in wealth.
Tech scion David Ellison is reportedly nearing completion of a merger that would bring the legacy broadcaster CBS News and the 24-hour cable news network CNN under a single corporate umbrella.
Michael Dell has ascended into the top five wealthiest individuals globally, surpassing Larry Ellison, driven by a remarkable 757% surge in Dell Technologies' AI server revenue.
David Ellison, CEO of Paramount Skydance, has expressed strong approval for the projects underway at DC Studios, as discussions about a potential merger between Paramount and Warner Bros. loom.
A 'Supergirl' producer revealed that Paramount Skydance CEO David Ellison has met with James Gunn and Peter Safran, indicating Ellison's openness to the upcoming DC slate amid the Warner Bros. Discovery merger.
Elon Musk's net worth has reportedly increased significantly, making him wealthier than Jeff Bezos, Sergey Brin, and Larry Ellison combined, following a rally in SPCX shares.
The U.S. Justice Department has given its approval for Paramount's $111 billion acquisition of Warner Bros. This decision clears the way for one of the largest media mergers in recent history.
Oracle has been awarded a 10-year contract worth nearly $400 million to build a new consolidated HR platform for the US government. This system will manage core HR functions, payroll, benefits, and analytics, replacing over 100 existing systems.
The exclusive guest list for the Sun Valley 2026 conference, Allen & Co.'s annual retreat for media and tech moguls, has been revealed, including figures like David Ellison, Bari Weiss, and Jeff Bezos.
US Vice-President JD Vance has asked the Department of Justice to investigate Minnesota Governor Tim Walz and Attorney General Keith Ellison over allegations of widespread taxpayer fraud in social programs. This follows a House oversight report alleging the Walz administration ignored warnings about potential fraud to avoid racism accusations, leading to billions of dollars vanishing.
Oracle co-founder Larry Ellison has reportedly surpassed Google co-founder Larry Page in net worth, making him the second richest individual globally, behind Elon Musk.
Hewlett Packard Enterprise (HPE) shares surged over 30% after the company reported its biggest earnings beat since 2018 and issued a strong guidance, driven by booming demand for AI infrastructure. HPE now expects to achieve its 2028 financial targets this year, significantly accelerating its growth projections.
Clinton Ellison, a survivor of the 2020 Nova Scotia mass shooting, has died at 52, with his family stating his mental health never recovered after witnessing the tragedy that claimed his brother's life.
Bankers are preparing to sell a substantial debt package to support the proposed $110 billion acquisition of Warner Bros. Discovery Inc. This risky deal comes at a time of volatility in the bond markets, posing a significant test for investors.
The 81-year-old tech billionaire Larry Ellison and his son are attempting to build a new media empire, raising concerns about the blurring lines between Silicon Valley, political power, and traditional media.
President-elect Donald Trump's decision to speak with Taiwan's leader marked a significant departure from long-standing US diplomatic policy. The call was welcomed by Taiwan but drew strong condemnation from Beijing.
Actor Mark Ruffalo expressed concerns that he might be blacklisted by Paramount for speaking out against a potential merger with Warner Bros. He referred to executives as 'vindictive motherf*****s'.
Warner Bros. Discovery hosted its annual upfronts presentation, featuring a tribute to Ted Turner and previews of upcoming projects like 'Minecraft Movie 2' and 'Harry Potter' content.
President Trump declared that the Middle East ceasefire, specifically with Iran, is "on massive life support," indicating its imminent collapse. This statement has heightened regional tensions and contributed to a rise in oil prices.
Veteran CNN journalist Christiane Amanpour voiced her concerns about billionaire David Ellison's proposed takeover of CNN through Paramount Skydance, pointing to "hemorrhaging" at CBS.
Ted Turner, the visionary media mogul and founder of CNN, has died, prompting an outpouring of tributes from industry leaders and public figures. He is remembered for revolutionizing television news and establishing the 24-hour news cycle.
Christiane Amanpour expresses worries about CNN's editorial independence following its potential acquisition by Ellison, drawing comparisons to CBS's 'ideological realignment' after a similar acquisition.
The World Bank has launched a new strategy aimed at transforming health systems and closing financing gaps in West and Central Africa. This initiative involves partnerships with health ministries to tackle regional health challenges.
Jeff Wilbusch and Sydney Park have joined the cast of "The Morning Show" in recurring roles for its upcoming fifth season, with Park playing Cory Ellison's new assistant.
Paramount is seeking approval from the FCC for its proposed merger with Warner Bros. Discovery, which would result in nearly 50% foreign ownership, including substantial investment from Middle Eastern funds. This approval is crucial for the completion of the major media deal.
President Trump attended the White House Correspondents' Association dinner, marking his first time at the event as president. This appearance was a notable moment amidst ongoing political discussions.
US Pentagon chief Pete Hegseth stated that the naval blockade of Iranian ports has taken on global dimensions and urged European nations to contribute to efforts in the Strait of Hormuz. Iran is accused of continuing to lay mines in the strait, while the US considers attacks on Iranian defenses in the area.
Paramount CEO David Ellison hosted the company's "first upfront as the new Paramount" in NYC, featuring top executives, Ronny Chieng, Wyclef Jean, and "Dutton Ranch" stars Kelly Reilly and Cole Hauser.
GOP Senate hopeful Michele Tafoya alleges that Minnesota Governor Tim Walz and Attorney General Keith Ellison are ignoring an alleged $9 billion fraud scandal as part of her Senate campaign.
David Ellison announced upcoming upgrades for Pluto TV and reaffirmed Paramount's dedication to movies and storytelling during the company's first upfront presentation under his tenure in Los Angeles.
Former Virginia Lieutenant Governor Justin Fairfax reportedly killed his wife, Cerina, and then himself, amidst ongoing divorce proceedings and concerns about his behavior. Police confirmed the murder-suicide, which followed reports of the wife setting up cameras in their home.
Netflix is significantly expanding its video podcast offerings, announcing new shows from creators like Stephanie Soo and Evan Ross Katz, as well as NBC News' Ellison Barber and magician David Kwong. Notably, former NBC News anchor Brian Williams will host a new podcast series for the streaming giant titled 'We’re Back!'.
A sizable coalition is lining up to stop David Ellison's $111 billion effort to acquire Warner Bros., raising questions about potential industry protests compared to a hypothetical Netflix acquisition.
Hollywood stars and industry executives are increasingly protesting the proposed merger between Paramount and Warner Bros. Discovery, with an open letter signed by thousands. A hearing is planned where David Ellison is invited to testify, addressing concerns about market concentration.
A sixth family member is expected to plead guilty in a massive Minnesota fraud scheme that allegedly stole $14 million from a federal meal program.
Sovereign wealth funds from Saudi Arabia, Qatar, and Abu Dhabi are reportedly in discussions to support David Ellison's winning bid for Warner Bros. This backing would finalize Paramount's deal for the entertainment giant.
Billionaire father and son, the Ellisons, are reportedly buying up US media outlets. This move is discussed in the context of media criticism, including a US defense secretary's comments on CNN's coverage of the US-Israel war on Iran.
Prominent figures like Sam Altman, Larry Ellison, and Jamie Dimon are reportedly showing a renewed obsession with media, with ventures ranging from buying favorite shows to acquiring news outlets. This trend may signal a new era of vanity media ownership among the world's most powerful individuals.
Five prominent leaders in the technology sector, including Larry Ellison, Mark Zuckerberg, Jeff Bezos, Larry Page, and Sergey Brin, have collectively lost nearly $200 billion from their net worth this year due to stock performance.