Tag

Larry Ellison

All articles tagged with #larry ellison

big-tech13 days ago•37 min saved

Oracle Executives' $988M Stock Options Wiped Out by Fiscal 2026 Crash

Oracle granted nearly $1 billion in stock options to co-founder Larry Ellison and new co-CEOs Clay Magouyrk and Mike Sicilia in fiscal 2026, but all awards are now underwater due to a 53% stock decline. While cloud revenue surged 39% to $34 billion, heavy capital spending on AI data centers led to negative free cash flow and record debt insurance costs. New CFO Hilary Maxson fared better by choosing restricted stock units over options, whereas Ellison and the co-CEOs received cash bonuses despite their equity losses.

via Fortune|

#ai-infrastructure #big-tech #executive-compensation

business16 days ago•14 min saved

Paramount Weighs Elon Musk for Equity Stake as Warner Bros. Merger Nears Close

Paramount CEO David Ellison is exploring an equity investment from Elon Musk to help finance the company’s pending $111 billion merger with Warner Bros. Discovery. The move aims to diversify the investor base and reduce reliance on Larry Ellison, who has personally guaranteed $46.7 billion in equity financing. The merger is expected to close within two weeks after a federal judge reviews a consent decree on September 24, 2026. However, Musk’s potential involvement raises concerns about editorial independence for CNN and CBS News, given his political influence and prior role in the Trump administration.

via The Hollywood Reporter|

#business #david-ellison #elon-musk

business16 days ago

Paramount seeks Musk investment to diversify Warner Bros. merger financing

Paramount is considering asking Elon Musk to join a syndicate of equity investors to help finance its pending $111 billion merger with Warner Bros. Discovery. The move aims to diversify the company's investor base and reduce reliance on Larry Ellison, who has personally guaranteed over $40 billion of the deal's equity financing. The merger is expected to close within two weeks, pending final approval of a consent decree.

via Semafor|

#business #david-ellison #elon-musk

business16 days ago•14 min saved

Paramount Eyes Musk for Equity as Warner Bros. Merger Nears Close

Paramount CEO David Ellison is considering asking Elon Musk to join a syndicate of equity investors to help finance the company's pending merger with Warner Bros. Discovery. This move comes as the $111 billion deal nears completion, with a judge scheduled to review a consent decree on Thursday. While Larry Ellison has personally guaranteed $46.7 billion in equity financing, Paramount seeks additional capital to diversify its investor base and reduce financial reliance on the Ellison family.

via Variety|

#business #david-ellison #elon-musk

sports21 days ago•7 min saved

Oracle heiress Jolin Ellison wields behind-the-scenes influence on Michigan football

New York Post and Wall Street Journal reporting describe Jolin Ellison as a top Michigan booster with unusual influence over the program, including alleged pressure around Sherrone Moore’s status and involvement in NIL deals (notably helping land quarterback Bryce Underwood). Ellison says she did not coach or advise on in-game play, while boosters reportedly discussed initiatives like premium seating; Moore was fired later amid off-field misconduct and related charges.

via New York Post|

#jolin-ellison #larry-ellison #michigan-wolverines

business25 days ago•4 min saved

Oracle stock slides after Ellison aborts pre-set $7.5B sale plan

Oracle shares fell about 4% after the company disclosed co-founder Larry Ellison canceled a pre-arranged 10b5-1 plan to sell 50 million Oracle shares, a move that would have been worth around $7.5 billion. No stock was sold and Ellison has no other sale plans. The news came amid a broader AI-stock selloff and concerns about Oracle’s debt load ahead of a Federal Reserve decision, weighing on the stock despite cloud-revenue strength.

via Barron's|

#10b5-1-trading-plan #ai-cloud #business

business26 days ago•18 min saved

Ellison abandons plan to dump up to 50 million Oracle shares as results impress

Oracle executive chair Larry Ellison canceled a Rule 10b5-1 plan to sell up to 50 million Oracle shares; no shares were sold and he has no other planned sales. The move came after Oracle reported stronger-than-expected quarterly earnings, raised full-year guidance and noted more than $30 billion in new AI cloud contracts, lifting its backlog to about $664 billion. Despite the positives, Oracle’s stock has fallen over 20% in 2026 amid investor worries about AI-related spending. The plan was set to terminate Oct. 24, with potential early termination under certain events.

via finance.yahoo.com|

#ai-cloud #business #larry-ellison

business27 days ago•1 min saved

Ellison scrubs plan to dump up to $7.5B of Oracle stock

Larry Ellison canceled his plan to sell up to 50 million Oracle shares, about $7.5 billion at the current price, under a 10b5-1 trading plan that had been disclosed. No shares have been sold and Ellison says there are no further sale plans. He remains Oracle’s controlling shareholder (over 40%), as the company pivots to AI infrastructure, carries a heavy debt load, and its stock has fallen roughly 23% this year.

via CNBC|

#10b5-1-plan #ai-pivot #business

entertainment1 month ago•7 min saved

Hollywood Jews rally around Ruffalo in merger-linked antisemitism row

More than 170 Jewish figures signed an open letter defending Mark Ruffalo after he tied Paramount Skydance’s merger to Israel’s actions in Gaza, arguing opposition to the deal has nothing to do with antisemitism; several high-profile defenders including George Clooney, Abbi Jacobson, Ilana Glazer, Tony Kushner, Joaquin Phoenix and Debra Winger spoke up, while some groups condemned his remarks as invoking antisemitic tropes about Jewish wealth and power; the merger faces a federal antitrust case and ongoing political backlash, with Ruffalo slated to premiere Being Heumann at TIFF as the case moves toward a potential 2027 trial.

via Jewish Telegraphic Agency|

#antisemitism #entertainment #hollywood

news1 month ago•41 min saved

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

business1 month ago•18 min saved

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

entertainment4 months ago•17 min saved

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

business5 months ago•11 min saved

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

market-news5 months ago•14 min saved

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

politics6 months ago•5 min saved

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