TikTok's CEO says a deal has been signed to sell TikTok's U.S. business to a group of mostly American investors. One of the lead billionaires behind the new entity is Larry Ellison, the chief ...
Ty Roush is a breaking news reporter based in New York City. Larry Ellison became the third-richest person in the world again on Friday, passing Amazon’s Jeff Bezos, as Oracle’s shares rose after ...
Warner Bros. Discovery (WBD) wants Oracle founder and billionaire Larry Ellison to give a strong personal guarantee in signing that he is fully committed to the $77.9B bid, excluding debt, made for ...
NEW YORK, Dec 18 (Reuters Breakingviews) - Larry Ellison is channeling an ancient treatise for an ultra-modern battle. The billionaire devotee of Chinese military general Sun Tzu will know “The Art of ...
Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Brody Ford and Drake Bennett report on Larry Ellison’s bet to return ...
Larry Ellison's wealth took a big hit on Thursday, with $24.9B wiped off his net worth after Oracle's (ORCL) weak guidance and massive AI spending plans pushed its stock down around 11%. Ellison is ...
Oracle stock fell 11% today, as investors fret over how much the company is spending to build out AI data centers for OpenAI and others. Oracle Chairman Larry Ellison, whose roughly 40% stake has made ...
Mr. Zeitchik is the senior editor of technology and politics at The Hollywood Reporter and founding editor of the A.I.-themed newsletter Mind and Iron. David Ellison boasts a cozy relationship with ...
The Oracle co-founder has pledged billions to finance Paramount’s takeover bid for Warner Bros. Discovery — which has questions about his commitment. By Andrew Ross Sorkin Bernhard Warner Sarah ...
Oracle founder Larry Ellison, 81, lost $25 billion of his net worth on Thursday. The plunge followed Oracle’s latest earnings report, which showed strong year-over-year growth but still fell short of ...
Three months after Larry Ellison briefly became the world’s richest person, a historic slide in Oracle Corp. shares sent his net worth plunging by $24.9 billion. Oracle shares slumped by 11% Thursday ...
Larry Ellison dropped among the ranks of the world’s richest people on Thursday, falling to No. 3 as Oracle’s stock paced its worst single-day rout in nearly a year after the cloud services firm ...
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