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Oracle Chair Larry Ellison says he will personally back Paramount Skydance's bid for Warner Bros. Discovery with a guarantee of $40 billion in equity financing. Ellison's son David is the CEO of Paramount. Paramount is trying to beat out a rival bid from Netflix. Bloomberg's Caroline Hyde reports. …
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WBD had urged shareholders to reject $108.4bn hostile takeover bid from Paramount, which is controlled by the Ellisons, following $82.7bn Netflix deal The tech billionaire Larry Ellison has agreed to provide a personal guarantee of more than $40bn for Paramount Skydance’s fight to gain control of Wa…
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Instacart has announced it will be ending price testing on its platform. This comes after a study published earlier this month revealed pricing experiments that led to some customers seeing higher prices than others and the FTC saying last week it would be investigating the grocery delivery app.
"Ef…