Even so, Mr Ellison remains the world’s fifth-richest man, and Oracle the third-biggest software firm. He has a thing or two to teach fellow tech titans, in particular his friend Elon Musk, about staying power.
Yes, that's the name of a 1994 Roland Emmerich movie. It's now a big infrastructure project to help power tech giants' foray into AI.
US tech titans Elon Musk, Mark Zuckerberg and Jeff Bezos are taking a prominent place in the new Trump era, but another player from another era -- Oracle boss Larry Ellison -- is making a surprise return.
Other potential buyers include the philanthropist Frank Mccourt ’s Project Liberty, which is raising capital to make a bid for TikTok in order to “rearchitect the platform” and protect user data. McCourt is a billionaire who previously owned the Los Angeles Dodgers baseball team. The project is supported by the social psychologist Jonathan Haidt.
The American markets were spooked by the DeepSeek AI storm on Monday, January 27. While Dow Jones closed in green with minor gains, the tech-heavy Nasdaq closed with colossal losses of 612.47 points,
The Trump administration is denying it, but Trump previously said he'd like to see the software company take it over.
Apple Inc. and Oracle Corp. have reacted differently to President Donald Trump’s pledge that the U.S. government won’t enforce a national security law that raised potential penalties for U.S. partners of the popular video app TikTok.
Elon Musk threw shade at OpenAI’s Sam Altman on Tuesday after his rival took center stage at the White House to unveil his ambitious $500 billion “Stargate” AI infrastructure project.
Musk slammed a Trump-backed $500 billion AI joint venture building out OpenAI’s artificial general intelligence.
TikTok's fate remains uncertain as Apple, Google, and Oracle have differing approaches due to their interests. Trump's support for Oracle and potential buyers adds to the drama.
As TikTok faces a potential ban, various bidders, including Elon Musk and Larry Ellison, are seen as suitors to buy the platform. Netflix is a possible option among streaming giants, though the company has not historically pursued major acquisitions.
On Donald Trump’s first full day in office for his second presidential term, he gathered Oracle founder Larry Ellison ... a typical Google search. The first data center campus was announced ...