Oracle

Paramount Skydance’s $108 billion hostile bid ignites a fight for Warner Bros. Discovery

Indirectly involved via founder Larry Ellison's $40.4B personal guarantee backing Paramount's bid

A federal judge on September 30 approved a settlement clearing Paramount to close its $110 billion takeover of Warner Bros. Discovery, ending a 12-state antitrust fight. The merger is set to close October 6, with David Ellison and Mattel CEO Ynon Kreiz running the combined company as co-chief executives.

Updated 4 days ago

Oracle introduces Fusion Claw runtime for autonomous enterprise AI agents

New Capabilities

Launched Fusion Claw, a governed agentic execution runtime

Oracle announced Fusion Claw on September 29, a runtime that lets AI agents carry out complex business processes inside Fusion Applications. It also released 25 new Claw-powered agentic applications, bringing its portfolio to 75; early-access customers are testing them now, with broader availability set for the first week of October.

Updated Sep 30

Oracle's California layoffs mount as AI infrastructure spending climbs

Money Moves

Cutting jobs while funding AI infrastructure buildout

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

Iran extends war to US corporate targets across the Gulf

Force in Play

Dubai headquarters building struck; operations status unclear

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

TikTok's American rebirth

Money Moves

Managing investor with 15% stake; security partner

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

The race to build AI's physical foundation

Built World

Building gigawatt-scale AI datacenters, Stargate partner

ChatGPT's November 2022 launch triggered the fastest infrastructure buildout in tech history. Hyperscalers are now on track to spend over $1 trillion in 2026, exceeding the GDP of all but 10 countries.

Updated May 19

TikTok’s U.S. ‘sell-or-ban’ law hits another deadline—but the real clock is now January 2026

Rule Changes

New 15% managing investor and designated security partner for TikTok U.S.

The deal closed on January 22, 2026. TikTok's U.S. operations now belong to TikTok USDS Joint Venture LLC—a new entity where Oracle, Silver Lake, and Abu Dhabi's MGX each hold 15%, existing ByteDance investor affiliates hold 30.1%, and ByteDance itself retains exactly 19.9%.

Updated May 15