The Ellisons Could Make a Killing in Big Surveillance With the Paramount Merger
With the Paramount–Warner Bros. merger set to proceed, the Ellisons can stoke Americans’ fears — and sell the government its solution. The post The Ellisons Could Make a Killing in Big Surveillance With the Paramount Merger appeared first on The Intercept .
Larry Ellison's Oracle Corporation, valued at around $440 billion, is poised to significantly expand its influence over the next generation through a potential merger with Warner Bros. Discovery. This deal, if approved, could grant the Ellisons unprecedented control over the media landscape, including social media, news, TV, and movies.
The merger, which is currently pending U.S. District Judge Araceli Martinez-Olguin's approval, has raised concerns about the potential for content censorship and the suppression of certain narratives that don't align with the Ellisons' interests in war and surveillance technology. Larry Ellison, known for his vast data collection capabilities, has a history of making controversial promises to political figures, such as promising to overhaul CNN if his deal went through with Trump.
The merger could lead to a feedback loop where Oracle designs algorithms to keep kids engaged on their platforms, stimulating further public investment in their products, while also bolstering their surveillance and censorship capabilities.
Written by urgent.news from The Intercept's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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