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Larry Ellison

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Ruffalo Defends Critique as Antisemitism Claims Surface Over Paramount Merger
news2 days ago

Ruffalo Defends Critique as Antisemitism Claims Surface Over Paramount Merger

Mark Ruffalo pushes back against antisemitism accusations from Paramount after criticizing the Paramount-SkyDance-Warner Bros. merger, arguing that criticizing Israeli policy, military contracts and the Ellison-backed deal is not antisemitism and should be part of a broader scrutiny of media consolidation. Paramount says such rhetoric is unacceptable, while Ruffalo issues a clarifying post stating his views target policies and actions, not Jewish people. The roughly $111 billion merger would consolidate control of CNN, HBO and Warner Bros., prompting calls for national security review and concerns about editorial independence in a rapidly concentrating media landscape.

via Common Dreams|
#anti-semitism#israel#larry-ellison
Ruffalo Targets Ellison-Oracle Ties Amid Paramount-WBD Merger
business4 days ago

Ruffalo Targets Ellison-Oracle Ties Amid Paramount-WBD Merger

Actor Mark Ruffalo publicly attacked Larry Ellison’s links to Oracle amid the Paramount-Warner Bros merger, sharing Safra Catz’s remarks about “really profoundly scary” tech and warning the deal could concentrate media power and cost jobs. Paramount pushed back, saying antisemitic tropes have no place in a business dispute, while LA Mayor Karen Bass urged parties to negotiate; the piece also notes antitrust concerns and shifting bids in the entertainment industry.

via Deadline|
#antisemitism#business#larry-ellison
Springsteen Targets Trump and Ellison on Colbert's Penultimate Late Show
entertainment3 months ago

Springsteen Targets Trump and Ellison on Colbert's Penultimate Late Show

Bruce Springsteen used Stephen Colbert's second-to-last Late Show to call out Donald Trump and the Ellison duo, delivering an anti-Trump performance of "Streets of Minneapolis" with imagery of the American flag and messages like “RESISTANCE” and “HOPE,” as Colbert’s upcoming finale-era episodes feature guests who have weighed in on the former president’s influence and Paramount Global leadership changes.

via Variety|
#bruce-springsteen#david-ellison#donald-trump
Ellison Accused of Promising Trump a CNN Overhaul to Secure a Merger
business3 months ago

Ellison Accused of Promising Trump a CNN Overhaul to Secure a Merger

Two press-freedom groups allege Larry Ellison promised the Trump administration that, if Paramount Skydance’s bid to acquire Warner Bros. Discovery was approved, he would implement a sweeping CNN staff overhaul modeled on CBS. The groups say the promise could breach fiduciary duties and have requested internal Paramount Skydance documents. The allegations come as the Warner Bros. Discovery merger has been approved, with Bari Weiss linked to CBS News and the so-called 'CBS playbook' cited as context for a CNN reshuffle.

via Mediaite|
#business#cnn#larry-ellison
Oracle Stock Poised for 65% Upside Amid Insider Ownership
market-news4 months ago

Oracle Stock Poised for 65% Upside Amid Insider Ownership

Analysts see about 65% upside for Oracle (ORCL) despite a recent pullback, underpinned by strong AI demand and a massive backlog. Insiders own roughly 40.4% of the company, led by Larry Ellison (about 40.3%), with Vanguard and other institutions also holding significant stakes. The stock carries a Strong Buy consensus with an average target near $245, implying roughly 69–70% upside.

via TipRanks|
#analyst-ratings#insider-ownership#larry-ellison
Tech titans lead Trump’s science advisory panel, with one academic in tow
politics5 months ago

Tech titans lead Trump’s science advisory panel, with one academic in tow

President Trump named 13 members to the President's Council of Advisors on Science and Technology (PCAST), making the panel heavily tech‑industry dominated with 12 technology executives and a lone academic, John Martinis of UC Santa Barbara. The lineup features Mark Zuckerberg, Larry Ellison, Sergey Brin, Jensen Huang, Lisa Su, and Michael Dell, among others, with two MIT‑educated leaders in nuclear-energy startups noted. Critics lament the absence of biologists and university researchers, arguing biotech balance is lacking, though Trump could add up to 11 more members under a 2025 order. PCAST advises the White House on science policy and reviews cross‑agency programs.

via Nature|
#larry-ellison#mark-zuckerberg#pcast
Ellison-Trump Private Talk Surfaces in Warner Bros. Bid Saga
business5 months ago

Ellison-Trump Private Talk Surfaces in Warner Bros. Bid Saga

An amended complaint alleges Donald Trump privately told Larry Ellison that the government would intervene to help Paramount beat Netflix for Warner Bros., a claim tied to Paramount executive Jeff Shell’s dispute; Paramount calls the allegations meritless, while Shell has filed a cross-claim against R.J. Cipriani and Cipriani is cooperating with an SEC inquiry and Paramount’s internal investigation led by Nick Hanna, as questions about the texts’ authenticity persist.

via The Hollywood Reporter|
#business#donald-trump#jeff-shell
Ellison Says AI Won’t Trigger SaaSpocalypse for Oracle
technology5 months ago

Ellison Says AI Won’t Trigger SaaSpocalypse for Oracle

Oracle chairman Larry Ellison, on the company’s earnings call, argues the AI-driven “SaaSpocalypse” won’t affect Oracle, saying the firm can use AI and agent-based software to disrupt ecosystems like healthcare and finance. CEO Mike Sicilia says Oracle is rapidly adopting AI and embedding AI agents into its SaaS offerings, stressing that customers aren’t ready to replace core systems—an optimistic stance echoed by peers who see AI transforming software rather than ending it.

via Business Insider|
#ai#larry-ellison#oracle
Paramount Seizes WB Discovery, Redrawing Hollywood Power After Netflix Walks
business5 months ago

Paramount Seizes WB Discovery, Redrawing Hollywood Power After Netflix Walks

Paramount Skydance’s $31-per-share bid to acquire Warner Bros. Discovery topped Netflix’s $27.75 offer, prompting Netflix to walk away and secure a $2.8 billion breakup fee. The deal, backed by Larry Ellison, hinges on regulatory approval and Paramount’s ability to de-leverage a massive debt load, signaling a dramatic reordering of Hollywood’s studios and streaming landscape.

via Variety|
#business#larry-ellison#mergers-and-acquisitions
Ellison Dynasty Wins CNN Takeover Bid, Promising a Trump-leaning Shakeup
media6 months ago

Ellison Dynasty Wins CNN Takeover Bid, Promising a Trump-leaning Shakeup

MAGA-aligned billionaires Larry Ellison and his son David, via Paramount Skydance, have topped Netflix in a bidding war to acquire Warner Bros. Discovery, taking control of CNN and HBO with a $31-per-share offer and signaling a MAGA-friendly leadership shift, including reports that Bari Weiss could helm CNN; Netflix declined to match, clearing the path for Paramount Skydance to own CNN and its subsidiaries.

via The Daily Beast|
#cnn#david-ellison#larry-ellison
Netflix Questions Paramount-Warner Bid, Highlights Debt Risk
business7 months ago

Netflix Questions Paramount-Warner Bid, Highlights Debt Risk

Netflix co-CEO Greg Peters says Paramount Skydance’s roughly $108 billion bid for Warner Bros. Discovery “doesn’t pass the sniff test,” arguing it would rely on heavy leverage without Larry Ellison backing it; he contrasts this with Netflix’s own roughly $83 billion all-cash offer as the stronger path, while RedBird Capital’s Gerry Cardinale counters, calling Netflix’s deal the “Harry Houdini of deals” in the ongoing proxy fight.

via hollywoodreporter.com|
#business#debt#larry-ellison
Paramount’s High-Stakes Push for Warner Bros. Sparks Proxy Fight
business7 months ago

Paramount’s High-Stakes Push for Warner Bros. Sparks Proxy Fight

Paramount has sued Warner Bros. Discovery and threatened a proxy fight to push WBD to engage with Paramount’s bid to take Warner Bros. away from Netflix. Backed by billionaire Larry Ellison, the move signals a potential, highly public and costly battle that could reshape the three-way deal dynamics. With WBD’s annual meeting looming in weeks, the outcome hinges on whether WBD will engage or be compelled to disclose information that could sway investors and executives.

via The Hollywood Reporter|
#business#larry-ellison#netflix