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THE TRUTH ABOUT: 7 | History Defined

Warner Bros tells investors to reject sweetened £80bn Paramount bid

Paramount updated its offer late last month with a £30 billion ‘irrevocable personal guarantee’ from Oracle founder Larry Ellison.

Evening Standard

Warner Bros. Discovery Chooses Netflix Talks Over Paramount–Skydance Bid

Warner Bros Discovery’s board has unanimously rejected a renewed takeover attempt from Paramount Skydance, arguing that the revised $108.4 billion hostile bid

The Fashion Central

Warner Bros Discovery tells investors to reject ‘inadequate’ $108bn Paramount bid

Board unwilling to accept hostile takeover despite $40bn guarantee from billionaire Larry Ellison

The Guardian - UK

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David Zaslav Spurns $108 Billion Paramount Bid: Teases Figure That Could Tempt Warner Bros Boss

David Zaslav rejects a massive £81 billion Paramount bid, favouring a Netflix partnership while teasing a higher share price that could finally end Hollywood's biggest bidding war.

International Business Times UK

3 Top Facts About 2025’s Superbillionaires

Discover where the richest superbillionaires live, how they made their fortunes and why their wealth tops $4 trillion.

GOBankingRates

Billionaires added record $2.2tn in wealth in 2025

Just eight billionaires accounted for a quarter of the gains, led by Elon Musk, Jeff Bezos, Larry Ellison and Larry Page

The Guardian - US

CBS News veterans urge David Ellison to protect 60 Minutes from Bari Weiss’ ‘editorial interference’

‘Weiss’ last-minute proposal that the story be delayed until it included a White House official, despite reported efforts by the 60 Minutes team to get comment from the Administration, was inappropriate,’ the letter states

The Independent UK

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‘60 Minutes’ correspondent says Bari Weiss needs to take her job ‘more seriously’ amid CECOT story fiasco

‘It’s not a part-time job,” Scott Pelley said during a Monday afternoon meeting.

The Independent UK

Larry Ellison's $40 billion pledge to his son's Paramount deal shows a shift in billionaire giving: Philanthropic capitalism is taking over

Ellison has pledged to give away 95% of his fortune, but the recent move shows a new playbook.

Fortune

Larry Ellison Risks $40.4bn Fortune to Back Son's Warner Bros Takeover in Netflix Streaming War

Oracle founder Larry Ellison provides $40.4 billion personal guarantee for son David's Paramount bid to acquire Warner Bros Discovery from Netflix.

International Business Times UK

First Thing: Number of people in ICE detention hits record high

Administration has arrested 328,000 and deported 327,000 people. Plus, Bethlehem in the Israeli-occupied West Bank celebrates Christmas again

The Guardian - UK

Melania Trump's Documentary Director Found in Epstein Files as Rush Hour 4 and White House Project Loom

Hollywood director behind Melania Trump's documentary appears in newly released Epstein files with late French modelling agent Jean-Luc Brunel

International Business Times UK

Larry Ellison guarantees $40.4 billion in Paramount's hostile bid for Warner Bros. Discovery

Paramount is sweetening its hostile takeover bid for Warner Bros

The Independent UK

Billionaire Larry Ellison comes to his son’s rescue, agreeing to personally guarantee over $40 billion to finance Paramount’s bid for Warner Bros.

Warner Bros. is in the middle of a tug-of-war between Netflix and David Ellison’s company, Paramount Skydance.

Fortune

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The Independent UK

‘Holy f***ing dumpster fire’: Bari Weiss sparks ‘revolt’ at ‘60 Minutes’ by spiking CECOT segment

EXCLUSIVE: ‘It’s going to be fascinating to see how far Bari is willing to double down on the piece ‘not ready’ argument and or/attack Sharyn and [60 Minutes],’ one CBS News staffer told The Independent.

Fortune

After pouring $450 million into Florida real estate, Larry Ellison plans to lure the ultra-rich to an exclusive town just minutes from Mar-a-Lago

Ellison bought the aging but glamorous Eau Palm Beach Resort & Spa in August and plans to renovate.

Axios

Paramount guarantees backing of Larry Ellison in Warner Bros. bid

The reliability of the financial backstop was among the chief concerns of the Warner Bros. board in rejecting the bid.

The Guardian - US

Larry Ellison gives personal guarantee for Paramount takeover of Warner Bros Discovery

WBD had urged shareholders to reject $108.4bn hostile takeover bid from Paramount, which is controlled by the Ellisons, following $82.7bn Netflix deal

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The Guardian - US

Has feminism failed women? CBS wants to know

Bari Weiss is touting a new debate series at the network as the billionaire Ellisons’ media power grows

Evening Standard

Warner Bros sale: The $100bn battle for the soul of Hollywood

The bidding war for Warner Bros will determine the future of film — will London escape the fallout?

International Business Times

ByteDance Signs Binding Deal To Spin Off TikTok US Into Majority-American Joint Venture

Under the deal, the U.S. version of TikTok will become majority-owned by American investors, satisfying the core requirement of a bipartisan law passed by Congress in 2024 that sought to address national security concerns tied to the app's Chinese ownership.

The Guardian - UK

TikTok signs Trump-backed deal to avoid US ban

Joint venture will take over part of app’s US operations, including data protection, algorithm security and content moderation

TechRadar

Oracle's latest Ampere offers something different to hyperscalers - new cloud platforms offer up to 192 custom Arm cores, and aren't OCI exclusive, unlike Graviton or Cobalt

Oracle launches A4 Standard cloud instances with AmpereOne M cores, offering high-performance CPU configurations and emphasizing silicon neutrality for flexible deployments.

International Business Times UK

Here's Why Warner Bros Wants to Reject Paramount's 'Illusory' £81bn Bid and Back the Netflix Deal Instead

Warner Bros rejects Paramount's £81bn bid, calling it 'illusory,' as it backs Netflix merger for streaming dominance.

The Independent UK

What to know about bidding war between Netflix and Paramount for Warner Bros.

Warner Bros

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