Enterprise software company Oracle is planning thousands of job cuts as it faces a cash crunch from a massive AI data center expansion effort, Bloomberg News reported Thursday. Long a smaller ...
According to Reuters, Warner Bros. agreed to be acquired by Paramount Skydance in a $110 billion deal signed Friday, with ...
Oracle cofounder Larry Ellison's official residence is now in Manalapan, Florida, not the Hawaii island that he famously ...
By Forbes estimates, the elder Ellison, who is also Oracle’s largest shareholder, doesn’t have enough cash on hand to fulfill his part of Paramount’s $111 billion offer for Warner Bros. Discovery.
Larry Ellison has seen an unmatched $49 billion wiped off his net worth in 2026, as this week's software rout deepened his wealth decline. Oracle's cofounder and tech chief was worth $199 billion at ...
Larry Ellison is putting his over $250 billion fortune on the line to bankroll his son’s Hollywood power play. The 81-year-old Oracle founder has agreed to personally guarantee up to $40.4 billion to ...
Senior leaders are leaving Oracle Health. The company's health records unit faces customer losses and software upgrades. This follows Oracle's 2022 acquisition of Cerner Corp. Market share has ...
Shares in Paramount Skydance (PSKY) and Warner Bros. Discovery (WBD) spiked Monday morning after Larry Ellison, the centibillionaire founder and executive chairman of Oracle (ORCL), agreed to ...
Larry Ellison's fortune has long been tied to the value of Oracle, the software giant he co-founded and still dominates as chairman and chief technology officer. As investors reassess Oracle's role in ...