Larry Ellison

Money Moves

As of October 2026: Backing Paramount's hostile bid with $40.4B irrevocable personal guarantee

On October 6, Paramount Skydance completed its $110 billion acquisition of Warner Bros. Discovery, creating a combined company named Skydance and ending a 13-month bidding war that survived federal and state antitrust challenges. The deal closed after a federal judge approved a settlement with 12 states on September 30, and shares of Skydance began trading on the NYSE under the ticker SKYD.

Updated Oct 9

Money Moves

As of September 2026: Directing Oracle's AI infrastructure strategy

Oracle America will lay off 99 workers at its Santa Clara office on November 13, per a notice filed with California on September 14. It's the company's eighth WARN Act filing in the state since October 2025, covering 921 workers across three Bay Area counties.

Updated Sep 18

Force in Play

As of May 2026: No public statement on the Dubai strike as of April 5

For decades, American tech companies built out massive data centers and office complexes across the Persian Gulf without ever treating them as potential military targets. On April 4, the IRGC struck Oracle's headquarters building in Dubai Internet City with a drone. It's part of a declared campaign against 18 US firms the IRGC accuses of supporting American and Israeli military operations.

Updated May 30

Money Moves

As of May 2026: Key investor; Oracle holds 15% stake

For five years, the world's most popular social media app lived under a death sentence. TikTok, used by 170 million Americans, faced repeated ban threats from two administrations convinced its Chinese ownership posed an unacceptable national security risk. On January 23, 2026, that uncertainty ended: TikTok USDS Joint Venture LLC became operational, transferring 80.1% ownership to American and allied investors while ByteDance retained a non-controlling 19.9% stake.

Updated May 22