Larry Ellison

Larry Ellison is the founder and chairman of Oracle, a major business software company. He is currently newsworthy due to Oracle's significant role in the restructuring of TikTok's US operations and his company Paramount Skydance's attempt to acquire Warner Bros Discovery. Oracle is part of the US investor group that now owns a majority stake in TikTok's US entity, established to address data privacy and censorship concerns that arose under Chinese ownership. Simultaneously, Ellison-owned Paramount Skydance is engaged in a bidding war with Netflix to acquire Warner Bros Discovery, having extended its offer deadline to persuade investors. These events highlight Ellison's continued influence and investment activity in both the technology and media sectors.