Larry Ellison Biography Flash: Oracle Titan's TikTok Takeover and $300B OpenAI Deal Reshape Tech Empire
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Oracle billionaire Larry Ellison is making seismic moves in social media and AI that could redefine his legacy as a tech titan with unmatched influence. Just this week, President Donald Trump signed an executive order greenlighting a multibillion-dollar deal to bring TikTok's U.S. operations under American control, with Ellison's Oracle poised to lead the charge. Fortune reports Oracle will oversee the app's algorithm and user data security, recreating a U.S. version while ensuring no Chinese backdoor access. Vice President JD Vance confirmed the algorithm falls under American investors, calling it fully U.S.-operated. Trump himself spotlighted Ellison's big role alongside backers like Rupert Murdoch and Michael Dell, per White House statements.
This caps a saga where Ellison, a staunch Trump ally, emerges as TikTok's kingmaker, stirring buzz about right-wing moguls dominating platforms from X to Facebook. The Nation highlights Ellison racing Elon Musk as the world's richest, now controlling TikTok alongside his son David's grip on CBS via Paramount and potential CNN sway. Jewish leaders are optimistic too; JTA notes Oracle's deal, led by the Israel-supporting Ellison—who's donated millions to Friends of the Israel Defense Forces—could curb antisemitism rampant on the app, as praised by JFNA CEO Eric Fingerhut.
Business-wise, Oracle stunned Wall Street with a 300 billion-dollar OpenAI cloud deal for AI computing power, plus Stargate Project data centers with SoftBank, fueling 455 billion in contracts—a 359 percent jump, per recent earnings calls. No fresh public appearances or social media posts from Ellison in the last few days, but these developments scream long-term power plays in surveillance tech, echoing his past prediction of AI-monitored citizens on best behavior.
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