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The Latest Breaking News from Larry Ellison

Some Detroit-area cops earned less than minimum wage due to Oracle software glitch, lawsuit says

First in The Independent: ‘My clients have raised these issues... to have them fixed, and they've remained unfixed to date,’ attorney Carla Aikens said

The Independent UK

Larry Ellison and Jeff Bezos have seen more than $66 billion swiped from their net worths since the start of this year as AI-driven slump sees tech billionaires’ wealth free-fall

AI bubble fears have led to billions erased from tech CEOs’ net worth overnight—and Oracle founder Larry Ellison has been hit the hardest this year.

Fortune

30,000 Layoffs Could Soon Hit at Oracle. What Does That Mean for ORCL Stock?

A TD Cowen analyst warns that mass layoffs could be coming amid a major fundraising push.

Barchart

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Oracle billionaire Larry Ellison's next big bet: Redefining how long–and how well–we live

As people live longer and birth rates fall, longevity is becoming a major challenge–and opportunity–for business and society alike.

Fortune

‘It’s really sad’: US TikTok users rethink app over concerns about privacy and censorship

Some users are stepping away from the app after it made a deal to create a US entity and updated terms and conditions

The Guardian - US

What the US TikTok takeover is already revealing about new forms of censorship

It’s not what we can or cannot say that matters – rather, it’s whether what we say can get any visibility at all under the US-specific algorithm, says academic Paolo Gerbaudo

The Guardian - UK

TikTok is suppressing ‘content critical of President Trump’ in the US, California governor claims – as investigation looks into whether it 'violates' state law

California Governor Gavin Newsom is launching a review of TikTok's potential violations after more users are reporting anti-Trump censorship.

TechRadar

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TikTok Under Investigation After Quietly Censoring 'Epstein' From TikTok Messages Days After Trump-Ally Takeover

TikTok is under formal review by California authorities after reports emerged that users were unable to send the word 'Epstein' in direct messages shortly after a major change in US ownership.

International Business Times UK

Larry Ellison Says AI Race Will be Led by Those with Access to Private Enterprise Data

Larry Ellison believes AI's future hinges on private enterprise data, with models trained on public data becoming increasingly commoditised.

International Business Times UK

The challenges facing the Ellisons' media empire

The Ellison's portfolio spans CBS News, Paramount Pictures, a piece of TikTok U.S. and could add CNN and HBO.

Axios

Jet-lagged Trump goes on 70-post rampage in the middle of the night after Davos snub, and things got weird

Davos seems to have done a number on him.

We Got This Covered

What to know about the deal to keep TikTok in US

TikTok has at last finalized a deal to keep the popular video sharing platform operating in the U.S. after years of uncertainty

The Independent UK

President George W. Bush used to call Bill Clinton for advice—and his message was consistently to get out of your own way

After succeeding Bill Clinton, George W. Bush still picked up the phone for advice—a reminder, echoed by Steve Jobs’ career, that leadership isn’t a solo sport.

Fortune

What You Need to Know Ahead of Paramount Skydance’s Earnings Release

Paramount Skydance is preparing to report its fourth-quarter earnings shortly, and analysts project its bottom line to improve by double-digits.

Barchart

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The Guardian - UK

TikTok announces it has finalized deal to establish US entity, sidestepping ban

Majority US-owned venture includes Larry Ellison’s Oracle, private-equity group Silver Lake and Abu Dhabi’s MGX

The Independent UK

Netflix revises deal for Warner Bros. Discovery as streaming giant prepares to report earnings

Netflix will report earnings Tuesday after last report showed slowing subscriber growth

International Business Times UK

800 Billion Reasons to Watch xAI: Inside the Funding Round That Made Musk Untouchable

Elon Musk sets the record for the first person worth $800 as his xAI and X (formerly Twitter) are now worth more than ever

The Independent UK

Trump bought up to $1M in bonds from Netflix and Warner Bros days after merger was announced

A White House official said that the purchase decisions were made by independent financial advisors and not the Trump family.

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Bored Panda

Billionaire Forced To Change The Name Of His Boat After People Realize What It Spells Backwards

“That is such a classic billionaire blunder that it almost feels scripted by Jesse Armstrong,” one user wrote.

Barchart

Oracle's Modern Market Masterclass: What ORCL Can Teach Us All About Today's Market

Oracle's story, particularly over the past two years, should be a lesson to us all about how the stock market now works. Let's take a look at how.

International Business Times UK

Quick Facts About Larry Ellison: Net Worth, Career Highlights and Why He Rushed to Paint Over Vessel's Name

Oracle co-founder Larry Ellison was forced into a frantic yacht name change after realising 'Izanami' spells an offensive slur backwards. Discover his net worth and career highlights.

Fortune

Oracle struggles to attract workers to Nashville 'world HQ'—even with a 2-million-square-foot office and Larry Ellison’s favorite restaurant

Years after cofounder Larry Ellison declared Nashville its world headquarters, Oracle has added only a handful of workers.

We Got This Covered

‘You wouldn’t have a job right now’: Trump tells CBS anchor what would’ve happened if Kamala Harris had won the election

Still, nobody’s gonna praise him for it.

The Guardian - UK

Netflix ‘plans to switch to all-cash offer to seal $83bn Warner Bros deal’

Aim is to speed up acquisition of WBD studio and streaming businesses and hold off rival Paramount bid

The Guardian - US

Trump says CBS anchor Tony Dokoupil wouldn’t have job if Kamala Harris had won

US president also says Paramount Skydance chief David Ellison, whom he called ‘amazing’, could be ‘bust’ if he’d lost

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