Larry Ellison
Coverage of Larry Ellison in the Nexus archive.
- Michael Dell is absolutely crushing it this year
Michael Dell, founder and CEO of Dell Technologies, has become the fifth-richest person with a net worth of $216 billion, driven by a 225% stock price increase and soaring AI equipment sales. His company's first-quarter revenue hit $44 billion, with AI server sales up 757%.
- Elon Musk has broken the rich list
Elon Musk's net worth exceeds $1 trillion, making him wealthier than the next four richest people combined. His fortune, driven by Tesla and SpaceX valuations, has created a trillionaire club with no other members.
- Elon Musk is the world's first trillionaire. Here's how he built his net worth.
Elon Musk became the world's first trillionaire after SpaceX's IPO in June 2026, surpassing the net worth of billionaires like Jeff Bezos and Mark Zuckerberg. His wealth grew significantly through ventures including SpaceX, Tesla, and PayPal, with Tesla's stock performance playing a major role in his financial rise.
- Paramount rejected ad criticizing its owners and Warner Bros acquisition
Paramount Skydance rejected an ad from the Freedom of the Press Foundation that criticized its leadership and merger with Warner Bros Discovery, citing a 'conflict of interest.' The ad targeted David Ellison and his father Larry Ellison.
- SpaceX IPO makes Elon Musk the world's first trillionaire
Elon Musk became the world's first trillionaire following SpaceX's $75 billion IPO, which valued the company at $1.77 trillion. His net worth is projected to exceed $1.1 trillion, driven by stakes in SpaceX, Tesla, and X (formerly Twitter).
- Larry Ellison: "Citizens will be on their best behavior because we’re recording" (2024)
Oracle co-founder Larry Ellison stated that citizens will behave well due to constant recording, warning about privacy erosion. The article highlights his comment as a 'dire warning' on the topic.
- Tony Blair and the Reform party both want AI in government, though they can't agree on what for
Tony Blair and Reform MP Danny Kruger both advocate for AI in government but with divergent goals. Blair emphasizes AI's transformative potential for public services and economic competitiveness, while Kruger's Reform party proposes using AI to reduce government size and efficiency. Blair's Institute for Global Change, backed by entities like the Gates Foundation and Oracle, promotes AI as a solution to governance challenges.
- Scoop: Trump appoints Bondi to White House AI panel
President Trump has appointed former Attorney General Pam Bondi to the Presidential Council of Advisors on Science and Technology (PCAST), a panel focused on AI policy. Bondi will coordinate between the government and tech leaders like Jensen Huang, Mark Zuckerberg, and Larry Ellison. She was previously ousted as AG and is recovering from thyroid cancer.
- Larry Ellison vowed to fire CNN anchors in attempt to win Trump's backing in Paramount takeover, letter claims
Larry Ellison attempted to win Donald Trump's backing in a Paramount takeover by vowing to fire CNN anchors, according to a letter. This move is seen as an attempt to gain support from Trump. The letter claims Ellison made this vow in order to secure Trump's endorsement.
- Press freedom groups allege Larry Ellison promised to fire CNN anchors
Press freedom groups allege that Larry Ellison promised to fire CNN anchors, and they need to review Paramount's internal documents citing Delaware law. The groups are seeking information about potential interference with CNN. This situation raises concerns about press freedom.
- Paramount wants FCC to approve increased foreign ownership in Warner Bros. Discovery deal
Paramount is requesting the FCC to approve increased foreign ownership in the proposed Warner Bros. Discovery takeover, which would grant Middle Eastern royal families a stake in CBS and CNN. The deal is backed by Larry Ellison.
- Abandoned resort of Frank Sinatra, Marilyn Monroe, other Hollywood stars returns with $298 million remake
The historic Cal Neva Resort in Lake Tahoe, once a hub for Hollywood stars like Frank Sinatra and Marilyn Monroe, is being redeveloped into the Lake Tahoe Proper Resort and Casino with a $298 million investment. The project, led by Realberry and Proper Hospitality, aims to preserve the resort's legacy while introducing modern amenities, with a planned 2027 reopening.
- Warner Bros shareholders approve Paramount's $111bn takeover
Warner Bros Discovery shareholders approved Paramount Global's $111 billion takeover. The decision coincided with Donald Trump's scheduled dinner with billionaire Paramount backers, the Ellison family.
- Oracle job cuts and AI spending could impact support, raise prices
Oracle is cutting jobs and increasing datacenter spending for AI, which advisers warn could lead to slower support and higher prices for customers. The company's strategic shifts under Larry Ellison's leadership may impact service quality and renewal processes.
- Democrats call for review of Paramount's Middle Eastern financial backers
Democrats are calling for a review of Paramount's Middle Eastern financial backers, who previously pledged $24 billion to support Larry Ellison's family in acquiring Warner Bros. Discovery. The move highlights concerns over foreign investment in major media entities.