It didn’t take long for David Ellison, the fresh-faced millennial owner and CEO of Paramount Skydance, to make a statement.

The tech company announced the cuts on Wednesday in WARN documents, as is generally required in the event of mass layoffs.

Paramount Skydance, in its first full week on the stock market under new owners, saw its stock jump 30% -- but what triggered the investor enthusiasm wasn't totally clear.

One Big Ten GM was taken aback by the soft punishments dished out to the Michigan Wolverines football program.

OpenAI CEO Sam Altman told reporters on Thursday that the company plans to spend trillions of dollars to build the infrastructure needed to run advanced ...

At least part of OpenAI’s path to funding the significant cost of AI development will likely include a public offering in the ...

Eau Palm Beach Resort & Spa in Manalapan, the wealthy town just south of Palm Beach, is one of the 10 best waterfront hotels ...

One week on the job, tech scion David Ellison is settling in at the Paramount lot after his family took over the century-old ...

Oracle’s co-founder and the world’s second-richest person pledges to concentrate his vast resources on his own research ...

The Skydance chief executive says he wants there to be a news outlet that Democrats and Republicans can watch.

Explore the story of Larry Ellison and Oracle. From database solutions to cloud services, discover how Oracle became a tech ...

"We're ready to move past the noise," the new Skydance CEO said, as reporters lobbed questions about Trump, '60 Minutes' ...