Larry Ellison

Money Moves

Backing Paramount's hostile bid with $40.4B irrevocable personal guarantee

Paramount Skydance won the five-month bidding war for Warner Bros. Discovery. WBD shareholders voted in April 2026 to accept Paramount's $31-per-share all-cash offer—valued at roughly $111 billion including debt. Netflix declined to match the price in February and walked away with a $2.8 billion breakup fee.

Updated Jun 13

Force in Play

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

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