Netflix said Thursday that it was walking away from its agreement to acquire Warner Bros. Discovery, after the media giant said it had determined that a last-minute bid by Paramount Skydance was a ...

In a one-two punch of centibillion-dollar offers, the bidding war for Warner Bros. Discovery is over. David Ellison-owned Paramount will acquire Warner Bros. Discovery. Netflix has lost.

Paramount Chief David Ellison, who began his pursuit of Warner Bros. last fall, said he was pleased Warner's board "unanimously affirmed the superior value of our offer." ...

David Ellison raised Paramount’s bid for Warner Bros. Discovery to $31 per share, pairing a higher offer with a Washington strategy to outflank Netflix.

Oracle cofounder Larry Ellison has seen an unrivaled $49 billion wiped off his net worth this year. His fortune shrank by about $9 billion to below $200 billion on Wednesday as Oracle stock slid 5%.

However, Larry Ellison does not actually “control” the TikTok U.S. joint venture or its content-recommendation algorithm. Oracle is one of several investors in the JV and holds a 15% stake. In ...

Add Yahoo as a preferred source to see more of our stories on Google. Sen. Bernie Sanders blasted what he characterized as crony capitalism by President Trump, claiming that the Trump administration’s ...

After TikTok in the U.S. went under new ownership in January 2026, a rumor spread that its new terms of service said the application would collect sensitive ...

The Chinese parent company of the popular video app said a group of non-Chinese investors would create an American TikTok to avoid a federal ban. Credit...Timo Lenzen Supported by By David McCabe and ...