Even so, Mr Ellison remains the world’s fifth-richest man, and Oracle the third-biggest software firm. He has a thing or two to teach fellow tech titans, in particular his friend Elon Musk, about staying power.

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.

President Donald Trump announced an A.I. initiative called Stargate. During a press conference at the White House attended by SoftBank (SFTBF) CEO Masayoshi Son and Oracle founder Larry Ellison, the returning President told reporters the initiative will invest $500 billion—equivalent to almost 2 percent of the annual U.

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 ...

WASHINGTON – US President Donald Trump said he would be open to billionaire supporter Elon Musk or Oracle Corp chairman Larry Ellison purchasing social video app TikTok as part of a joint venture with the US government. “I have the right to make a deal,” Mr Trump said at an event alongside Mr Ellison at the White House on Jan 21.

As TikTok faces a potential ban, various bidders, including Elon Musk and Larry Ellison, are seen as suitors to buy the platform. Netflix is a possible option among streaming giants, though the company has not historically pursued major acquisitions.

What is Larry Ellison's net worth in 2025? What are the secrets behind the 80-year-old from New York City, who is currently considered the second-wealthiest man in the world behind

US President Donald Trump he would be open to tech billionaire Elon Musk – the owner of social media platform X – buying Chinese-owned app TikTok.

President Donald Trump apparently has no qualms about turning the fate of TikTok into a public bidding war. When prompted by specific questions from reporters, the new president has tossed out some of the biggest names in the tech world as possible buyers of TikTok’s US operations — a deal that would allow the platform to get around a ban imposed

Masayoshi Son founded SoftBank in 1981. It has invested millions in some of Silicon Valley's biggest tech companies.

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.

As the clock ticks down on TikTok's 75-day reprieve from divesting from its Chinese owners or being banned in the United States, several contenders are in the running.