The next billionaire has a snorkel on the thicket. The founder of Oracle stood in the queue

Larry Ellison, the creator of the programming company Oracle, AI Pioneer, can soon take control of the US Tiktok. Thanks to the growing demand for data storage, Ellison is today one of the richest people in the world.

According to Reuters on Tuesday, the contract on the takeover of the American activity of Tiktok, which President Trump negotiated with Beijing, is already close to the finalization. Thanks to it, this largest social platform in the world, with 170 million American users, will continue to operate in the USA.

Pursuant to the Act of the American Congress, Tiktok was to be closed in the US, unless its assets were sold to Americans. The native buyers of the thicket.

According to Reuters, the world -counting 2 billion users will be taken over in the USA by the American consortium, and the Chinese from Bytedance will keep less than 20 percent. shares.

Investors who would take over the American activity of the Platform is Oracle – a software manufacturer, recently rapidly enriched with data storage. It is Oracle, according to Reuters, is to support the cloud that will store the data of American Tiktok users.

81-year-old Larry Ellison, founder of Oracle (formerly Software Development Laboratories), did not graduate from any university, although he started studying at universities in Illinois and Chicago. He worked as a programmer, and in the company, which is today one of the technological giants of the Silicon Valley, at first invested his own money – $ 1,200.

Thanks to the AI ​​revolution, which he focused on and the demand for storage of data in the cloud Ellison belongs to the richest people in the world today. As said on September 10, Yahoo Finance, as a result of the increase in Oracle's shares, Fortun Ellison reached almost $ 400 billion. That day he became richer than the owner of SpaceX Elon Musk.

According to American media, both gentlemen are friends. Musk is a guest on the Hawaiian island of Ellison. Musk asked by the Republican politician Ted Cruza about which of the people he knows is the dumbly, he just indicated Ellison without hesitation.

As the Daily Telegraph daily assessed, Ellison has so far remained in the shadow of his younger rivals from the Silicon Valley. He was not excessively active in social media and rarely gave interviews. And if it was loud about him, then because of the extravagant shopping. He purchased, for example, a property stylized as a Japanese imperial palace from the 16th century, as well as the famous pub The Eagle and Child in Oxford, a favorite meeting place for CS Lewis and Jrr Tolkien.

Ellison is considered a pioneer of the development of artificial intelligence. In July this year British media wrote about his investments in Great Britain. In Oxford, Ellison founded his name research institute, which will deal with, among others AI development. Oracle also announced an investment worth $ 5 billion in British data storage centers to meet the “rapidly growing demand” for cloud services.

If the transaction of taking control over the tiktok is successful, the owner of Oracle will be not only one of the most powerful technology enterprises, but will also strengthen his position in the media. And as “Daily Telegraph” emphasizes, this will be facilitated by close contacts with President Trump.

In the past, Ellison was a generous sponsor of the liberal US president Bill Clinton. He also invested hundreds of millions of dollars in the Think Tank Institute for Global Change, founded by the former British Prime Minister Tony Blair.

According to “Daily Telegraph”, the intimacy of Ellison and Blair, who called the founder of Oracle “a guardian of a huge part of world data”, dates back to the time when Oracle supplied the software of government agencies to Great Britain.

However, the former sponsor of the liberals has been an ally of Donald Trump for several years, and according to the British “Guardian” he has been supporting Republicans for 10 years.

In 2020, he organized a fundraiser for Trump in his estate in California. As the American media noted, during the second term of Trump Ellison has already appeared in the White House many times.

In January this year, on the first day of office, President Trump signed a decree giving Tiktok time to find a native buyer. It was then that the American president admitted that he would like Tiktoka to buy Elon Musk or Larry Ellison, about whom he said that he was not only a pioneer of technology, but “something like the president of everything.”

Investments in Ellison's media are not only a thicket. Skydance – media company of his son David – took over Paramount this year – the owner, among others Channel 5 and the American CBS station in Great Britain.

According to the American daily, Wall Street Journal, Ellison now has an eye on the Hollywood giant Warner Bros. Discovery, media and entertainment conglomerate, which is also part of the Polish TVN. If Ellison could also take over Warner Bros. Discovery, his media influence would also cover HBO and CNN.

As Alex Degroote, a media analyst, assessed in Daily Telegraph, the “conservatation” of programs and ownership structures of television stations is underway. The journal estimates that Ellison, having excellent relations with President Trump, can play an important role in moving the media in the US to the right.

According to the newspaper, there have already been signals that the media purchased by his son Ellison turns right. The CBS station belonging to Paramount, for example, released the Stephen Colbert's latest program, for example, a few days after he called his company's decision to reach a settlement with Donald Trump. President's lawyers will allow CBS for giving two in their opinion different versions of the answer by Vice President of Kamali Harris to the question about gauze. The answers were broadcast in the 60 minutes broadcast during the presidential campaign in 2024.

According to the American NPR radio, David Ellison also employed a conservative at CBS News, Kenneth Weinstein, former president of the close administration of Trump Think Tanku Hudson Institute. He is to act as a spokesman for a spokesman guarding the station's neutrality, accused by the White House of bias. (PAP)

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