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YOU WONT BELIEVE: 2 - You Need To See This

Elon Musk’s mother offers new insight into world’s richest man’s simple living habits as his wealth surpasses $800BN

President Donald Trump’s personal fortune surged by $1.4 billion in his first year back in power but his former White House special adviser remains the richest man on the planet

The Independent UK

Oracle blows investors away with 22% ‘hyper growth’ — but cash flow crunches to negative $24.7 billion

Free cash flow at the enterprise software giant has tumbled over the past year as the company races to spend $50 billion on AI.

Fortune

Oracle under pressure from more than $100 billion in debt and massive layoffs

The Larry Ellison–led software giant is remaking its cloud infrastructure to rival Amazon and Microsoft.

Fortune

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Top 10 richest people in the world 2026: Elon Musk, Jeff Bezos, and other tech titans leading global wealth

Global wealth has reached a new milestone. The Hurun Global Rich List 2026 reports that the number of billionaires worldwide has crossed 4,000 for the first time. A total of 4,020 individuals now hold billionaire status, which means 578 more people joined the ranks in just one year. It sounds…

The Times of India

Oracle reportedly set to axe thousands of jobs and freeze hiring as AI data center bets ignite financial perfect storm — cuts in cloud division to be backfilled with AI

Oracle reportedly set to axe thousands of jobs, could freeze hiring for cloud division

Tom’s Hardware

Netflix Has Been Vilified By Hollywood For A While, But There Are Signs That's Changing

The times, they are a-changing

Cinemablend

US government reportedly debating whether to force Tencent to give up its US-based game holdings

The process began during the first Trump administration, and is apparently now picking up steam.

PC Gamer

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Paramount acquires Warner Bros Discovery in mega deal: the winners, losers and Trump’s man in the middle

Netflix’s planned acquisition of Hollywood studio Warner Bros Discovery (WBD) has fallen apart at the eleventh hour, as Paramount Skydance has made a “superior” proposal to buy the conglomerate for A$156 billion.

The Conversation

From box office bomb to media powerhouse: Skydance’s 20-year rise

It's a come-from-behind story fit for Hollywood itself

The Independent UK

‘Not a done deal’: California vows ‘vigorous’ review of Paramount-Warner Bros takeover

Attorney general says $111bn deal will be investigated amid concerns over monopoly power and job losses

The Guardian - US

Billionaires tied to Trump outbid Netflix to take over CNN’s parent company, and their vision for the network is making anchors sweat

CNN might be up for a huge change in direction.

We Got This Covered

CBS News and CNN staffers fear ‘disaster’ as Paramount wins Warner Bros battle

Decision by Netflix to walk away from takeover leaves workers anxious about possible merger of news networks

The Guardian - US

Netflix Drops Warner Bros Bid: Why Ted Sarandos' White House Visit Couldn't Save the $83 Billion Deal

The reasons behind Netflix's decision to withdraw from the $83 billion Warner Bros Discovery acquisition, including political, financial, and regulatory challenges, and how this impacts the streaming industry.

International Business Times UK

Netflix isn't going to buy Warner Bros after all, meaning Paramount is set to take HBO, Warner Bros Games, and the rest

The acquisition was "always a 'nice to have' at the right price, not a 'must have' at any price," Netflix said.

PC Gamer

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MarketBeat

After PSKY's $31 Bid, Could Netlfix Exit the WBD Bidding War?

Amid Paramount's increased offer for Warner Bros., Netflix shares are surging. See why, and what it could mean for the future of WBD stock.

The Guardian - US

Senate Democrats investigate CBS over blocked Colbert interview

Richard Blumenthal seeks records from FCC and Paramount Global amid claims of political censorship

The Guardian - UK

Netflix boss says $83bn Warner Bros takeover will benefit industry

Comments by Ted Sarandos follow Donald Trump’s demand for company to remove Democrat from board

The Guardian - UK

Trump warns Netflix of ‘consequences’ unless it pulls top Democrat from board

US president calls for removal of Susan Rice as streaming platform pursues takeover of Warner Bros Discovery

Get all your
news in one place.

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The Guardian - US

CBS News is convulsing as Larry Ellison tries to please Trump

Recent incidents involving Anderson Cooper and Stephen Colbert suggest things are not well at the network after the acquisition financed by Trump supporter Larry Ellison

The Times of India

MacKenzie Scott donates $26 billion in seven years, surpassing Elon Musk and Jeff Bezos in lifetime giving

MacKenzie Scott donated $26 billion over the past seven years, including a record $7.2 billion in 2025, a pace of giving that makes her the third-largest philanthropist of all time by total lifetime donations, according to Forbes.

GOBankingRates

What If There Was a Maximum Net Worth?

The idea gets tossed around: What if the wealthy had to give their money away after a certain net worth? Find out the potential positive and negative impacts.

TechRadar

“It’s cheaper for you and more profitable for us”: In 1998, Larry Ellison predicted the world we live in today, where you pay over and over for software you don’t own

Larry Ellison’s 1998 vision of leasing software predicted today’s cloud subscriptions and the end of traditional software ownership.

Euronews

Activist Ancora fund moves to block Netflix takeover of Warner studios

Ancora Holdings has built a $200mn stake and is backing Paramount’s richer rival bid, raising the prospect of a proxy fight over the future of one of Hollywood’s biggest media groups.

Barchart

Short Sellers Are Making Bank on Oracle Stock. Should You Bet Against ORCL Too?

Short sellers netted $24 billion betting against software stocks, including Oracle, as the sector shed $1 trillion in market value last week.

TechRadar

"The height of nonsense": Oracle co-founder Larry Ellison’s 1987 argument that not everything should be AI makes perfect sense in 2026

Decades before the current AI boom, Oracle's Larry Ellison argued that applying AI to every problem was "the height of nonsense."

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