Larry Ellison

Elon Musk Receives $7 Billion from Investors for Twitter Buyout Deal

Tesla CEO Elon Musk has reportedly received commitments from investors offering more than $7 billion to boost the equity of his offer to purchase Twitter. Among the notable investors are Oracle co-founder Larry Ellison and Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud of Saudi Arabia, who has committed 35 million current shares of Twitter towards the private company.

elon musk twitter bid

Oracle Enters the Fight to Buy TikTok

Tech giant Oracle, considered Google’s arch-enemy in Silicon Valley, has reportedly joined the race to purchase the U.S. operations of the Chinese-owned app TikTok. Microsoft had previously announced plans to negotiate a purchase of the social media company.

Oracle Chairman Larry Ellison

Oracle Chairman Larry Ellison Hosting Trump Fundraiser

President Donald Trump will be attending a campaign fundraising event at Oracle Chairman Larry Ellison’s Rancho Mirage in Palm Springs, California, on February 19 — less than two weeks before California’s Super Tuesday primary election. Ellison’s Trump fundraiser flies in the face of Silicon Valley’s progressive political culture.

Oracle Chairman Larry Ellison