Larry Ellison is a tech billionaire known for his immense wealth. He is also a public supporter of the former president, Donald Trump. This means he openly agrees with and helps him.
Now, Mr. Ellison is planning to own a very large part of the American news media. The media includes television, newspapers, and websites that provide information to the public. To own it means he will have control over it.
By doing this, he would become incredibly powerful. He could have a significant say in what kind of stories millions of people read and watch every day.
Some people are worried about this situation. They are concerned that one person, especially one with strong political views, will have so much control over the news that is shared with the nation.