Warner Bros rejects Paramount’s ‘inadequate’ $108bn hostile bid
Board warns shareholders over ‘extraordinary’ amount of debt financing and $4.7bn of costs if it backs out of Netflix deal
Oracle
Global shares jump as markets cheer US inflation surprise
ECB opted to keep rates unchanged but offered more positive commentary on euro area economy
Oracle move opens questions for AI’s investment boom
US giant delaying completion date for some OpenAI data centres
Oracle shares fall 14% on increase in data centre spending
Larry Ellison’s company raises its capital expenditure forecast as it doubles down on AI infrastructure bet
Today’s stock market round-up: How shares fared in Dublin, London, Europe and New York
Oracle’s disappointing quarterly forecasts led to declines in some of the world’s biggest tech names
OpenAI partners amass $100bn debt pile to fund its ambitions
Cloud companies and developers rely on loss-making start-up to repay huge loans
Google’s gains and Meta’s woes show a more cautious AI market
Markets appear to be increasingly wary of big AI promises unsupported by cash flow or path to profitability
OpenAI’s network of deals is propping up the AI boom
Obvious risk is if ChatGPT growth falters, mutual benefit could flip into mutual impairment
Ego or strategy? The motives behind Elon Musk’s $1bn Tesla buy
Sceptics note Tesla boss bought company shares after he had been briefly supplanted by Oracle’s Larry Ellison as world’s richest man
Tech titan Larry Ellison: ‘No one else has prospered in Silicon Valley for 50 years’
At 81, Oracle’s co-founder has reinvented himself as a power in AI to become (briefly) the richest person in the world
Oracle’s share price surge suggests the AI trade still has momentum
Larry Ellison’s personal fortune rose by more than $88bn overnight, the biggest one-day wealth gain in history
Larry Ellison overtakes Elon Musk to become world’s richest person
Oracle market value jumps more than $290bn on AI surge after ‘astonishing quarter’
Big Tech bosses court favour with Trumps at White House dinner
Heads of Google, Microsoft, OpenAI and Apple back AI initiative spearheaded by first lady Melania Trump
Crosswords & Puzzles
Crosswords & puzzles to keep you challenged and entertained
Stardust
Inquests into the nightclub fire that led to the deaths of 48 people
Common Ground
How does a post-Brexit world shape the identity and relationship of these islands
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