It's a tough time for CNN, which looks like it will be in management limbo for some time with Paramount Skydance's hostile takeover bid of its parent company, Warner Bros.
After President Donald Trump’s reported intervention, Paramount Pictures is set to distribute Brett Ratner’s “Rush Hour 4,” a project that Hollywood had eschewed after earlier sexual misconduct allegations against the director.
President Donald Trump is returning to “60 Minutes” for an interview for the first time after settling a lawsuit this summer over the newsmagazine's interview with rival Kamala Harris.
Oracle has named Clay Magouyrk and Mike Sicilia as CEOs, with current CEO Safra Catz becoming executive vice chair of the technology company’s board.
President Donald Trump has promoted unproven ties between Tylenol, vaccines and autism without offering new medical evidence.
President Donald Trump has mentioned that billionaires like Rupert Murdoch and Michael Dell could be part of deal in which the U.S. will take control of TikTok.
The battle among billionaires for bragging rights as the world’s richest person got heated Wednesday with the surprising surge of an old contender: Larry Ellison.
U.S. Commerce Secretary Howard Lutnick on Tuesday confirmed the U.S. government is vying for a 10% stake in Silicon Valley pioneer Intel in an unusual deal that would deepen the Trump administration’s financial ties with major computer chip manufacturers and punctuate a dramatic about-face from the president’s recent push to oust the company’s CEO.
Executive at Paramount Global can breathe a sigh of relief with FCC approval of its $8 billion merger with Skydance Media.
Michigan quarterback Bryce Underwood showed glimpses of the growing pains he will likely experience as a freshman and flashes of the promise that made him the nation’s top-rated high school football recruit in the Wolverines' spring game.
OpenAI is scouring the U.S. for sites to build a network of huge data centers to power its artificial intelligence technology, expanding beyond a flagship Texas location and looking across 16 states to accelerate the Stargate project championed by President Donald Trump.
Japanese technology giant SoftBank Group and OpenAI are stepping up their partnership in artificial intelligence, setting up a 50-50 held company called SB OpenAI Japan.
Perplexity AI has presented a new proposal to TikTok’s parent company that would allow the U.S. government to own up to 50% of a new entity that merges Perplexity with TikTok’s U.S. business, according to a person familiar with the matter.
Donald Trump’s first week in office isn’t over yet, but what the Republican president has done so far offers clues about how his next four years in the White House may unfold.
Elon Musk is clashing with OpenAI CEO Sam Altman over the Stargate artificial intelligence infrastructure project touted by President Donald Trump, the latest in a feud between the two billionaires that started on OpenAI’s board and is now testing Musk’s influence with the new president.
President Donald Trump is talking up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBank.
Bryce Underwood was relieved to make his commitment to Michigan official with his signature as signing day in college football kicked off on Wednesday.
Two-time Olympic gold medalist Martine Grael will become the first woman to helm an an F50 foiling catamaran in SailGP when a new Brazilian team debuts in the fifth season of tech billionaire Larry Ellison’s global league.
The merger between entertainment giant Paramount and media company Skydance is set to go ahead after Edgar Bronfman Jr. withdrew a competing offer.
The entertainment giant Paramount will merge with Skydance, closing out a decades-long run by the Redstone family in Hollywood and injecting desperately needed cash into a legacy studio that has struggled to adapt to a shifting entertainment landscape.
National Amusements, which owns a majority voting stake in the embattled entertainment giant Paramount Global, says it has ended talks on a possible merger of Paramount with movie production company Skydance Media.
Oracle Corp. Chairman Larry Ellison says the business software giant’s planned campus in Nashville, Tennessee, will serve as its world headquarters and place it in a city that's a center of the health care industry.
A swarm of bees forced a nearly two-hour disruption to the quarterfinal match between Carlos Alcaraz and Alexander Zverev at the BNP Paribas Open.
The anti-poverty organization Oxfam International says the world could have its first trillionaire within a decade.
Current and former directors of Tesla Inc. have agreed to return more than $735 million to the electric-vehicle maker to settle a shareholder lawsuit alleging that they unjustly enriched themselves with excessive compensation.
A Delaware judge has ruled in favor of Oracle founder Larry Ellison in a shareholder lawsuit alleging that he coerced the company into paying a grossly inflated price to acquire software corporation NetSuite.
A judge has sentenced former Theranos executive Ramesh “Sunny” Balwani to nearly 13 years in prison for his role in the company’s blood-testing hoax — a punishment slightly longer than that given to the CEO, who was his lover and accomplice in one of Silicon Valley’s biggest scandals.
A federal judge on Friday will decide whether disgraced Theranos CEO Elizabeth Holmes should serve a lengthy prison sentence for duping investors and endangering patients while peddling a bogus blood-testing technology.
Disgraced Theranos CEO Elizabeth Holmes has been sentenced to more than 11 years in prison for duping investors in the failed startup that promised to revolutionize blood testing but instead made her a symbol of Silicon Valley ambition that veered into deceit.
If the squabbling ever stops over Elon Musk’s renewed bid to buy Twitter, experts say he still faces a huge obstacle to closing the $44 billion deal: Keeping his financing in place.
Reports say Elon Musk is proposing to go through with his $44 billion takeover of Twitter, a move that would end a legal fight between the billionaire and the social media company.
Newly disclosed text messages between Elon Musk and Twitter CEO Parag Agrawal showed that the two men briefly bonded in April over their love of engineering — at least until Musk tweeted this message early on Aug. 9: ‘Is Twitter dying.
The fate of hard-nosed technology executive Ramesh “Sunny” Balwani is now in the hands of a jury that will weigh criminal charges alleging he joined disgraced Theranos CEO Elizabeth Holmes, his former partner, in an elaborate fraud that jarred Silicon Valley.
The advocacy group Global Citizen and the finance firm NPX are engineering a new campaign that targets Forbes 400 billionaires, Giving Pledge members, and the wealthy generally — a group increasingly criticized for what is seen as tight purse strings.
Elon Musk has strengthened the equity stake in his offer to buy Twitter with commitments of more than $7 billion from a range of investors, including Oracle co-founder and Tesla board member Larry Ellison.
The U.S. SailGP team capsized its foiling 50-foot catamaran just off Alcatraz Island on San Francisco Bay, six days before it will race for the global league’s $1 million, winner-take-all season championship.
Elizabeth Holmes has been convicted of duping investors into believing her startup Theranos had developed a revolutionary medical device that could detect a multitude of diseases and conditions from a few drops of blood.
Jurors in the fraud trial of former Theranos CEO Elizabeth Holmes returned to the courtroom Thursday to listen to a replay of audio recordings that captured her brash promises about a vaunted blood-testing technology the propelled her meteoric rise and scandalous downfall.
The jurors now responsible for assessing 11 charges of fraud and conspiracy against former Theranos CEO Elizabeth Holmes are scheduled to begin their first full day of deliberations on Monday.
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A jury weighing the fate of fallen Silicon Valley star Elizabeth Holmes has had its first chance to listen to recordings of her boasting to investors about purported breakthroughs in blood-testing technology.
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Former U.S. Secretary of Defense James Mattis testified Wednesday in the trial of fallen tech star Elizabeth Holmes, saying the entrepreneur misled him into believing she was on the verge of rolling out a blood-testing breakthrough that he hoped would help save lives of troops in battle.
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Israel’s prime minister’s office has urged former premier Benjamin Netanyahu to return dozens of expensive gifts he received while serving in the nation’s top job.
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ByteDance Ltd., a Chinese company, launched TikTok in 2017, then bought Musical.ly, a video service popular with teens in the U.S. and Europe, and combined the two. TikTok says it does not store U.S. user data in China and that it would not give user data to the government. There are also concerns about TikTok censoring videos critical of China, which TikTok denies, or pushing propaganda. Oracle was among the pool of bidders, including Microsoft and Walmart, to buy TikTok’s American operations. If Oracle and TikTok can show they can safeguard user data in the U.S., CFIUS and the Trump administration might accept the arrangement.
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TikTok denies it is a national-security risk and is suing to stop the administration from the threatened ban. TikTok denies that it has shared user data with the Chinese government or that it would do so if asked. It competes with tech giants such as Microsoft and Amazon that provide cloud services as well as business-software specialists like Salesforce. The president said on Aug. 18 that Oracle was “a great company” that “could handle” buying TikTok. He declined to state his preference between Oracle and Microsoft as buyers.
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That time is up, and Zoom is ready to take a bow. Zoom hailed some of the strides that it says it has made in a Wednesday blog post. Zoom has promised to make it virtually impossible for anyone outside a meeting to eavesdrop by scrambling conversations via end-to-end encryption. The day after its original announcement, faced with a backlash, Zoom agreed to extend the encryption to free plans as well. Steckelberg said the company doesnt have any immediate plans to sell ads, but didnt rule out that possibility.
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