Meet Larry Ellison: the 81-year-old tech billionaire-turned-media mogul whose family could soon own CBS, Paramount, CNN, and TikTok

FortuneWednesday, October 8, 2025 at 4:13:17 PM
Meet Larry Ellison: the 81-year-old tech billionaire-turned-media mogul whose family could soon own CBS, Paramount, CNN, and TikTok
Larry Ellison, the 81-year-old co-founder of Oracle, is making waves in the media industry as he and his son position their family to potentially own major players like CBS, Paramount, CNN, and TikTok. This shift from tech to entertainment highlights the growing influence of tech moguls in shaping the future of movies and streaming, which could lead to innovative content and new business models in the media landscape.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
Oracle Fears Add to Doubts About the A.I. Rally
NegativeFinancial Markets
Oracle's recent financial concerns are raising alarms among investors, particularly regarding its cloud computing business. This adds to the growing unease surrounding the overall stock market rally, which many believe is unsustainable. As investors grapple with these doubts, it highlights the fragility of tech stocks and the potential for a market correction, making it a crucial moment for stakeholders to reassess their strategies.
Opinion | CBS Deal Smells Like a Gimmick
NegativeFinancial Markets
The recent CBS deal has raised eyebrows, with many viewing it as a gimmick designed to win favor with Donald Trump. This move could have significant implications for CBS's reputation and its relationship with viewers who may see this as a questionable strategy. As the media landscape evolves, how networks align themselves with political figures can influence public perception and trust.
S&P Rally Pauses as Oracle Slides | Closing Bell
NeutralFinancial Markets
The U.S. market experienced a pause in its rally as Oracle's stock took a hit, which was a key focus during the closing bell coverage on Bloomberg. This matters because fluctuations in major tech stocks like Oracle can significantly influence overall market trends and investor sentiment.
Stocks Fall After Report Raises Concerns About AI Profitability
NegativeFinancial Markets
Stocks took a hit following a report that raised concerns about the profitability of AI investments, leading to a 2.5% drop in Oracle shares. This decline reflects broader anxieties in the market, especially as gold prices continue to soar to record levels, indicating a shift in investor confidence. Understanding these trends is crucial for anyone keeping an eye on the financial landscape.
Oracle stock dips on GPU profitability concerns, Stifel sees buying opportunity
NegativeFinancial Markets
Oracle's stock has recently dipped due to concerns over GPU profitability, raising questions among investors about the company's future performance. However, Stifel analysts see this as a potential buying opportunity, suggesting that the dip may be temporary and that Oracle's long-term prospects remain strong. This situation highlights the volatility of the tech market and the importance of strategic investment decisions.
S&P 500 falls after giving up gains as Oracle slump weighs on tech
NegativeFinancial Markets
The S&P 500 experienced a decline after initially gaining ground, primarily due to a significant drop in Oracle's stock, which has raised concerns about the tech sector's stability. This downturn is important as it reflects broader market anxieties and could influence investor confidence moving forward.
Oracle, Alibaba among Tuesday’s market cap stock movers
NeutralFinancial Markets
On Tuesday, Oracle and Alibaba were notable movers in the stock market, reflecting shifts in market capitalization. These changes are significant as they can influence investor sentiment and market trends, highlighting the dynamic nature of the tech sector.
Oracle stock falls on AI margin concerns, Mizuho maintains Outperform rating
NegativeFinancial Markets
Oracle's stock has taken a hit due to concerns over profit margins related to its AI initiatives, despite Mizuho maintaining an 'Outperform' rating for the company. This decline highlights the challenges Oracle faces in balancing innovation with profitability, which is crucial for investor confidence. As AI continues to be a significant focus in the tech industry, how Oracle navigates these financial pressures could impact its market position and future growth.
Oracle NetSuite unveils AI-powered NetSuite Next platform
PositiveFinancial Markets
Oracle NetSuite has launched its new AI-powered platform, NetSuite Next, which aims to enhance business operations through advanced technology. This innovative platform is designed to streamline processes and improve decision-making for companies, making it a significant development in the realm of enterprise resource planning. The introduction of AI capabilities is expected to provide users with smarter insights and automation, ultimately driving efficiency and growth in various industries.
EPAM expands collaboration with Oracle for cloud transformation
PositiveFinancial Markets
EPAM has announced an expansion of its collaboration with Oracle to enhance cloud transformation services. This partnership aims to leverage Oracle's cloud solutions to provide innovative technology services to clients. The move is significant as it reflects the growing demand for cloud-based solutions in various industries, positioning both companies as leaders in the digital transformation space.
Stock Market Today: S&P 500's 7 Day Winning Streak Snapped By Oracle, Tesla News
NegativeFinancial Markets
The stock market faced a downturn today as the S&P 500's impressive seven-day winning streak came to an end, primarily due to disappointing news from tech giant Oracle and electric vehicle leader Tesla. This decline is significant as it reflects investor concerns about the performance of key players in the AI and automotive sectors, which are crucial for market stability and growth. The reaction to these developments could influence trading strategies and investor sentiment in the coming days.
OpenAI’s computing deals top $1tn
PositiveFinancial Markets
OpenAI has secured computing deals exceeding $1 trillion, with major partners like Nvidia, AMD, and Oracle joining Sam Altman's ambitious vision for the future of artificial intelligence. This significant investment highlights the growing confidence in AI technologies and their potential to transform various industries, making it a pivotal moment for innovation and collaboration in the tech world.
Latest from Financial Markets
Tesla Unveils New Models for Under $40,000
PositiveFinancial Markets
Tesla has just unveiled new electric vehicle models priced under $40,000, which could make EVs more accessible to a broader audience. This move is significant as it may attract new customers while potentially impacting the sales of Tesla's premium models, according to former board member Steve Westly. As the market for affordable electric vehicles grows, Tesla's strategy could reshape the competitive landscape in the automotive industry.
Who Is Alexandr Wang? The 28-Year-Old AI Billionaire Mark Zuckerberg Just Paid $14 Billion to Lead Meta’s ‘Superintelligence Labs’
PositiveFinancial Markets
Alexandr Wang, a 28-year-old tech prodigy and founder of Scale AI, has been appointed by Mark Zuckerberg to lead Meta's new Superintelligence Labs with a staggering $14 billion investment. This move signifies Meta's commitment to advancing artificial intelligence and positions Wang at the forefront of innovation in the tech industry. His leadership is expected to drive significant advancements in AI technology, making this a pivotal moment for both Meta and the future of AI.
Meet the rural school district that used H-1B visas to hire Filipino teachers because ‘we quite simply didn’t have other applicants’
PositiveFinancial Markets
In a unique approach to address teacher shortages, a rural school district in South Dakota has successfully utilized H-1B visas to hire Filipino teachers. Superintendent Rob Coverdale emphasized that these teachers are not taking jobs from Americans but are filling crucial positions that would otherwise remain vacant. This initiative highlights the district's commitment to providing quality education despite challenges in attracting local applicants, showcasing a proactive solution to a pressing issue in rural education.
Etsy’s SWOT analysis: handmade marketplace stock faces growth challenges
NegativeFinancial Markets
Etsy is facing significant growth challenges as highlighted in its recent SWOT analysis. The handmade marketplace, known for its unique products, is struggling to maintain its stock performance amidst increasing competition and changing consumer preferences. This matters because it reflects broader trends in e-commerce and could impact the livelihoods of many small sellers who rely on the platform for their businesses.
The latest used and new car buying trends you should know about
NeutralFinancial Markets
As we move into the latter half of the year, car buyers and manufacturers are changing their strategies in the automotive market. This shift is significant as it reflects evolving consumer preferences and market dynamics, which could impact pricing and availability for both new and used vehicles.
Most Fed members see further rate cuts this year amid labor market softness
PositiveFinancial Markets
Recent discussions among Federal Reserve members indicate a consensus on the likelihood of further rate cuts this year, primarily due to ongoing softness in the labor market. This is significant as it reflects the Fed's proactive approach to stimulate economic growth and combat inflation, which could lead to more favorable borrowing conditions for consumers and businesses alike.