Larry Ellison

Co-founder and CTO, Oracle - 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 Jan 25

Co-founder and CTO, Oracle Corporation; father of David Ellison - Backing Paramount's hostile bid with $40.4B irrevocable personal guarantee

In late 2025, Warner Bros. Discovery (WBD) put itself in play, triggering a rare open bidding war over a century-old Hollywood studio and one of the world's most valuable content libraries. After months of private and public offers from Netflix, Paramount Skydance and Comcast, WBD's board agreed on December 5, 2025 to sell its studios and streaming arm—including HBO, DC, and the Warner Bros. film and TV operations—to Netflix in a $72 billion cash‑and‑stock deal, leaving its cable networks such as CNN outside the transaction.

Updated Jan 6