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Stressed Oligarchs at Meta, OpenAI, and the Ellison Empire

Summary by Naked Capitalism
Three particularly stressed oligarchs are getting a lot of negative attention this week as Mark Zuckerberg's Meta faces a $1.4 trillion lawsuit, Sam Altman's OpenAI is bleeding talent and their IPO seems an ever more remote possibility, and Larry and David Ellison are in a full-on media war with 12 attorneys general over their attempted purchase of Warner Bros Discovery.

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naked capitalism broke the news in New York, United States on Wednesday, August 19, 2026.
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