Why Oracle is Cutting 30,000 Jobs Despite a Massive $6 Billion Quarterly Income

Despite soaring profits, Oracle is eliminating tens of thousands of roles to redirect billions into its AI ambitions.

Inc

David Ellison Pretends He Won’t Fire Half Of Reeling Hollywood If Pointless Warner Bros Merger Is Approved

https://fed.brid.gy/r/https://www.techdirt.com/2026/03/31/david-ellison-pretends-he-wont-fire-half-of-reeling-hollywood-if-pointless-warner-bros-merger-is-approved/

David Ellison Pretends He Won’t Fire Half Of Reeling Hollywood If Pointless Warner Bros Merger Is Approved

We’ve repeatedly noted how the Ellison family’s acquisition of Warner Brothers (after their recent acquisitions of CBS and a part of TikTok) would be very bad for a long list of reasons


Techdirt
Dems Urge Probe Of Saudi, Chinese Money Backing The Ellisons’ Warner Bros Acquisition

Republicans spent three years suffering an embolism over Chinese influence over TikTok, but have suddenly gone mysteriously quiet now that $25 billion in Saudi, Chinese, and other foreign cash is h


Techdirt

#Monbiot on the imminent danger of a collapse of the global food system:

#Policy "across most of the world appears to consist of allowing “the market” (namely a few huge global corporations) to decide what happens next. There’s another way of putting it. Our governments are leaving a group of ruthless speculators to play dice with our lives"

#food #USIsrael #Iran #consolidation
#collapse #foodsecurity #plantbased

@EUCommission
https://www.theguardian.com/commentisfree/2026/mar/25/big-corporations-global-food-system-war-iran

We’re letting big corporations gamble with our lives. Act now, or the food could run out

The fragility of the global food system fills me with dread – and the war with Iran has exposed just how close to collapse it is, says Guardian columnist George Monbiot

The Guardian
‘Merger Synergies’: CBS News Fires Workers, Shutters 100 Year Old CBS Radio

All modern major U.S. media mergers follow the same trajectory. Executives pump out a bunch of pre-merger lies about job creation and innovation that are parroted by a lazy access press, followed b


Techdirt
David Zaslav Will Soon Get $550 Million For Disastrous Warner Bros Reign

Brunchlords can only fail upward. It’s physics.Warner Brothers CEO David Zaslav is poised to get as much as $550 million in compensation and tax reimbursement as the company prepares to be ac


Techdirt

Pete Hegseth: We Can’t Wait For Larry Ellison To Turn CNN Into Another Right Wing Propaganda Mill

https://fed.brid.gy/r/https://www.techdirt.com/2026/03/18/pete-hegseth-we-cant-wait-for-larry-ellison-to-turn-cnn-into-another-right-wing-propaganda-mill/

Pete Hegseth: We Can’t Wait For Larry Ellison To Turn CNN Into Another Right Wing Propaganda Mill

We’ve noted repeatedly how the U.S. authoritarian right is buying up all of our new and old media companies because they’re trying to mimic what Viktor Orban created in Hungary. Namely,


Techdirt

Brendan Carr threatens the media again. He wants only “positive” coverage of Trump’s idiotic forever war.

Silencing free speech kills democracy.

If we can’t remove Trump, we can do our damnedest to remove his “fixer.”

#Iran #BrendanCarr #FCC #Consolidation #Sinclair #Nexstar #FreeSpeech #USPol

Monika Schnitzer, chair of Germany's Advisory Council on Economy, has challenged the federal government's stance on a possible Commerzbank takeover by Italy's U... https://news.osna.fm/?p=38376 | #news #battles #berlin #commerzbanks #consolidation
Schnitzer Battles Berlin Over Commerzbank's Unicredit Takeover, Urges Cross‑Border Consolidation - Osna.FM

Monika Schnitzer urges the German government to reconsider the Commerzbank takeover, advocating cross-border banking consolidation for stronger competition.

Osna.FM