Larry Ellison, co-founder of Oracle Corporation, has an estimated net worth of approximately $200 billion, currently placing him among the third richest person in the world, according to Forbes.
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.
Larry, let’s negotiate in front of the media,” Trump said at a press conference with the Oracle co-founder, SoftBank CEO Masa Son, and OpenAI CEO Sam Altman to announce a $500 billion artificial intelligence infrastructure investment.
He previously floated a joint venture, saying that the US should be entitled to half of the app.
During a press conference on Tuesday afternoon, President Donald Trump floated the idea of Elon Musk or Larry Ellison purchasing TikTok, while also proposing that the U.S. government take a significant share of the transaction.
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.
Annapurna Interactive President Nathan Gary and his team had been negotiating with Ellison, the daughter of billionaire Larry Ellison, to spin off the video-game division as an independent entity.
US President Donald Trump discusses potential TikTok acquisition by Elon Musk or Larry Ellison, highlighting a shift in his approach towards the platform.
At a press briefing on Tuesday, President Trump suggested that he’s open to the idea of Elon Musk or Larry Ellison buying TikTok.
Billionaire Larry Ellison’s backing of Stargate — a landmark, $500 billion artificial intelligence infrastructure project touted by President Trump — could help grease the wheels for the ...
Several billionaires and media personalities such as MrBeast appear to be on the list of contenders to potentially acquire the popular social
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