{"id":3252,"date":"2025-04-02T17:32:01","date_gmt":"2025-04-02T17:32:01","guid":{"rendered":"https:\/\/gunowner-news.com\/?p=3252"},"modified":"2025-04-02T17:32:01","modified_gmt":"2025-04-02T17:32:01","slug":"how-trump-could-make-larry-ellison-the-next-media-mogul","status":"publish","type":"post","link":"https:\/\/gunowner-news.com\/?p=3252","title":{"rendered":"How Trump Could Make Larry Ellison the Next Media Mogul"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div data-testid=\"companionColumn-0\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">For decades, <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2024\/09\/05\/business\/media\/paramount-skydance-larry-ellison.html\" title=\"\">Larry Ellison<\/a> reveled in being the Silicon Valley executive who really knew how to have a good time. He spent as much as $200 million building a Japanese-inspired imperial villa near Palo Alto, Calif., bought the sixth-largest Hawaiian island and dated and married and divorced with never-ending zeal.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Few paid much attention to exactly what his database company, Oracle, did. Sometimes, neither did Mr. Ellison. He did not show up for his keynote talk at Oracle\u2019s annual convention in San Francisco in 2013 because he was on his yacht trying to win <a class=\"css-yywogo\" href=\"https:\/\/archive.nytimes.com\/www.nytimes.com\/library\/sports\/outdoors\/082000boat-notebook.html\" title=\"\">the America\u2019s Cup<\/a>, which he did. A biography about him was titled, \u201cThe Difference Between God and Larry Ellison: God Doesn\u2019t Think He\u2019s Larry Ellison.\u201d<\/p>\n<p class=\"css-at9mc1 evys1bk0\">With a fortune of $175 billion, there is not much left for Mr. Ellison to buy that would seriously dent his wallet. He broke a Florida record in 2022 when he purchased a 22-acre estate near Palm Beach \u2014 but at $173 million, the price was one-tenth of 1 percent of his wealth. He invested $1 billion in <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2022\/10\/27\/technology\/elon-musk-twitter-deal-complete.html\" title=\"\">Elon Musk\u2019s takeover of Twitter<\/a> that same year because, he said at the time, \u201cit would be lots of fun.\u201d<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Now 80 years old and married for the fifth or possibly the sixth time, Mr. Ellison is expanding his ambitions beyond having fun and surrounding himself with beautiful things. Following a path laid down by his friend Mr. Musk, who has at least six companies that feed off one another, Mr. Ellison also appears to be planning to grow his corporate empire.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-1\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">Oracle keeps emerging as <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2025\/03\/18\/technology\/oracle-tiktok.html\" title=\"\">a possible bidder for TikTok<\/a>, the wildly popular video app that Congress has decreed needs to divest itself of its ownership by the Chinese internet company ByteDance or be banned in the United States. On Wednesday, President Trump <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2025\/04\/01\/technology\/trump-tiktok-sale-meeting.html\" title=\"\">plans to meet with top White House officials<\/a> to discuss a new ownership structure for the app. The deadline for a deal is Saturday, though TikTok deadlines have come and gone before.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Oracle almost became a minority owner of TikTok\u2019s U.S. operations in 2020, along with Walmart, when concerns about the app\u2019s data security ran rampant. A deal was negotiated where Oracle started storing the data of U.S. users on its cloud. Oracle would also <a class=\"css-yywogo\" href=\"https:\/\/www.oracle.com\/news\/announcement\/oracle-chosen-as-tiktok-secure-cloud-provider-091920\/\" title=\"\" rel=\"noopener noreferrer\" target=\"_blank\">own 12.5 percent<\/a> of a new company, TikTok Global. The latter part, like many TikTok deals, never happened.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Five years later, a lot has changed, starting with this: The tech moguls have been unleashed.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Mr. Musk, backed by President Trump, has obliterated the lines between public and private. He is blowing up government agencies and using his vast wealth to try to sway elections. Mr. Ellison, who may be closer to Mr. Trump than any mogul this side of Mr. Musk, appears to want nothing less than to bring the country under the benevolent sway of artificial intelligence, which he has said will bring about an era of bounty and harmony.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-2\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">One company, even if it is as successful as Oracle, might not help him get close to this goal. Several, though, might.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-3\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">Mr. Ellison is putting up most of the $8 billion bid by his son, David, to buy Paramount, owner of the fabled Hollywood studio as well as CBS, MTV and other properties that generate news and content. (The deal still needs regulatory approval.) TikTok, meanwhile, is all about producing content. It has a monthly active user base of 1.5 billion, about a tenth of them in the United States.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">And then there\u2019s the wild card factor: Mr. Ellison\u2019s proximity to President Trump. In January, Mr. Ellison was prominently featured at the White House for the announcement of a project called <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2025\/01\/21\/technology\/trump-openai-stargate-artificial-intelligence.html\" title=\"\">Stargate<\/a>, which will build data centers for artificial intelligence. President Trump was asked if Mr. Musk might buy TikTok, and he volunteered that \u201cI\u2019d like Larry to buy it, too.\u201d<\/p>\n<p class=\"css-at9mc1 evys1bk0\">\u201cAll these pieces are coming together to form something that isn\u2019t quite clear yet except for this: The Ellison family will be at the center,\u201d said Richard Greenfield, a media analyst with LightShed Partners.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">The White House, TikTok, Mr. Ellison and Oracle declined to comment or did not respond to requests for comment. Mr. Ellison in any case is looking down the road. \u201cThe only way I know to make myself feel better is to make the world better,\u201d he told Vanity Fair in 1997, adding: \u201cDon\u2019t mistake that for altruism. It\u2019s egotism. Call it enlightened egotism.\u201d<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Mr. Ellison has recently been trying to make the world better by pushing for a surveillance society. There would be cameras everywhere, with every movement analyzed by A.I.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-4\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">\u201cCitizens will be on their best behavior, because we\u2019re constantly recording and reporting everything that\u2019s going on,\u201d he told Oracle investors last fall. \u201cIt\u2019s unimpeachable.\u201d<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Also on Mr. Ellison\u2019s to-do list is combining thousands of databases into one enormous electronic repository, which can be mined by A.I. That will cure diseases and fix everything else, he told Tony Blair, the former British prime minister, at a symposium on reinventing government held in Dubai in February.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">\u201cI think this will make for a happier citizenry,\u201d Mr. Ellison, who appeared via video, told Mr. Blair.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Mr. Ellison\u2019s quest for data has hit setbacks. In November, a federal court in California gave final approval to a settlement over a class-action suit that accused Oracle of improperly capturing and selling individuals\u2019 online and offline data without their permission. Oracle agreed to pay $115 million without admitting wrongdoing.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">During Mr. Ellison\u2019s flamboyant heyday in the 1990s, he provided a striking contrast to what was then a relatively sober Silicon Valley. He described his office style as \u201cmanagement by ridicule.\u201d After Oracle had a self-inflicted near-death experience, he explained: \u201cOracle is run by adolescents. And that includes me.\u201d He told reporters he was going to launch a proxy fight and gain control of Apple. He indulged in a long-running, if one-sided, feud with Microsoft.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-5\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">And then there were his wives and girlfriends. \u201cAs a veteran of three marriages, do you feel you can do it better this time?\u201d Playboy asked him in 2002.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">\u201cThere\u2019s no question I can do it better,\u201d Mr. Ellison replied. \u201cCan I do it worse? I don\u2019t think so.\u201d<\/p>\n<p class=\"css-at9mc1 evys1bk0\">In 2003, he married Melanie Craft, a romance novelist, who became wife No. 4. Steve Jobs was the wedding photographer. Ms. Craft wrote \u201cMan Trouble,\u201d about a reporter who persuades a romance novelist to help him snag an interview with a shy billionaire.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-6\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">Mr. Ellison\u2019s ideal politician in that era was a Democrat. He once joked that the Constitution should be amended so Bill Clinton could have a third term. Mr. Ellison turned more conservative in the 21st century, developing a friendship with Israel\u2019s Benjamin Netanyahu and recoiling against what he saw as Barack Obama\u2019s anti-Israel approach.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-7\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">\u201cBill Clinton was a centrist. Tony Blair was a centrist. Marco Rubio is a centrist. Mitt Romney is a centrist. Those are my politics,\u201d Mr. Ellison <a class=\"css-yywogo\" href=\"https:\/\/www.youtube.com\/watch?v=xrzMYL901AQ\" title=\"\" rel=\"noopener noreferrer\" target=\"_blank\">said in 2018<\/a>.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Now his politics are President Trump\u2019s, but it took a while to get there. In the 2016 presidential race, Mr. Ellison backed Mr. Rubio, a Republican senator from Florida and then a Trump critic. In 2020, Mr. Trump persuaded Mr. Ellison to host a fund-raiser at his golf course in Southern California. Even though his name appeared on the invitation as the sole host, Mr. Ellison snubbed the event, telling people he was sick. <\/p>\n<p class=\"css-at9mc1 evys1bk0\">Four years later, Mr. Trump was, once again, not Mr. Ellison\u2019s first choice for president. Mr. Ellison traveled to South Carolina for the presidential announcement speech of Senator Tim Scott, a South Carolina Republican, where Mr. Scott called the billionaire \u201cone of my mentors.\u201d <\/p>\n<p class=\"css-at9mc1 evys1bk0\">After <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2023\/11\/13\/us\/politics\/tim-scott-out.html\" title=\"\">Mr. Scott flamed out<\/a> and Mr. Trump needed cash, Mr. Ellison drew closer to the new Republican nominee, <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2024\/03\/16\/us\/politics\/trump-finances-money-fundraising.html\" title=\"\">dining with him at Mar-a-Lago<\/a>. It helped that he sometimes lives nearby in his recently purchased Florida<span class=\"css-8l6xbc evw5hdy0\">   <\/span>home. <\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-8\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">While Mr. Ellison is not in Mr. Trump\u2019s inner circle, and did not make public donations to support the campaign, he appeared at Mar-a-Lago to sit in on a transition meeting. <\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-9\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">It was during President Trump\u2019s first term that Mr. Ellison developed an interest in TikTok, leading to the almost-deal among <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2020\/09\/19\/technology\/trump-oracle-and-tiktok.html\" title=\"\">TikTok, Oracle and Walmart<\/a> that was approved by Mr. Trump.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">This time, Walmart is not expected to be involved. A friend of Mr. Ellison, speaking not for attribution in order to talk candidly, said the tech mogul was probably influenced by Mr. Musk\u2019s ownership of Twitter, now called X. It\u2019s one thing to be rich, the friend said; Mr. Musk is relevant to consumers, with power in culture, politics and media. <\/p>\n<p class=\"css-at9mc1 evys1bk0\">Safra Catz, the chief executive of Oracle, rather than Mr. Ellison, has been the negotiator in the TikTok talks, according to a person involved in the process. Even assuming Oracle strikes some sort of deal with TikTok, it probably won\u2019t eliminate other owners for the video app, people close to the process said. And it probably will not involve the algorithm that has made the social media company so successful.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Mr. Ellison\u2019s faith in technology is undimmed. Terry Garnett, an Oracle marketing chief, suffered the fate of many Oracle executives when he was dismissed by Mr. Ellison in 1994. For a time, Mr. Garnett held a grudge but has since come to appreciate his former boss.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-10\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">\u201cAt the end of the day he loves technology,\u201d Mr. Garnett said. \u201cIt\u2019s that simple.\u201d<\/p>\n<p class=\"css-at9mc1 evys1bk0\">So what if Oracle is not a consumer company, and if its most prominent attempt to try to become one \u2014 a line of cheap desktops in the late 1990s challenging Microsoft\u2019s software domination \u2014 stumbled?<\/p>\n<p class=\"css-at9mc1 evys1bk0\">\u201cThink of TikTok as video data \u2014 unstructured data that fits into another slice of that Oracle matrix,\u201d said Mr. Garnett, now a private investor. \u201cWhoever has the data has the power.\u201d<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.nytimes.com\/2025\/04\/02\/technology\/trump-larry-ellison-tiktok-oracle.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>For decades, Larry Ellison reveled in being the Silicon Valley executive who really knew how to have a good time. He spent as much as $200 million building a Japanese-inspired imperial villa near Palo Alto, Calif., bought the sixth-largest Hawaiian island and dated and married and divorced with never-ending zeal. Few paid much attention to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3253,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":{"0":"post-3252","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-political-news"},"_links":{"self":[{"href":"https:\/\/gunowner-news.com\/index.php?rest_route=\/wp\/v2\/posts\/3252","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gunowner-news.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gunowner-news.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gunowner-news.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gunowner-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3252"}],"version-history":[{"count":0,"href":"https:\/\/gunowner-news.com\/index.php?rest_route=\/wp\/v2\/posts\/3252\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gunowner-news.com\/index.php?rest_route=\/wp\/v2\/media\/3253"}],"wp:attachment":[{"href":"https:\/\/gunowner-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3252"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gunowner-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3252"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gunowner-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3252"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}