Paramount Skydance announced that Larry Ellison, the founder of Oracle and the father of Paramount CEO David Ellison, will personally guarantee $40 billion in the company’s hostile bid for Warner Bros. Discovery. This comes about a week after the board of Warner Bros. rejected Paramount’s offer in favor of Netflix.

Meanwhile, the executive producer of CBS News’s “60 Minutes” is facing criticism for shelving a segment on the deportation of Venezuelan immigrants to El Salvador’s notorious CECOT prison, reportedly telling colleagues that she was under pressure from CBS’s new editor-in-chief, Bari Weiss. According to The Washington Post, the segment was pulled after Weiss asked for an on-camera interview with a member of the Trump administration. In an internal email to producers, the segment’s correspondent, Sharyn Alfonsi, called the decision to pull the segment “political.” Democratic Senator Edward Markey said on social media, “This is what government censorship looks like. Trump approved the Paramount-Skydance merger. A few months later, CBS’s new editor in chief kills a deeply reported story critical of Trump.”

Meanwhile, TikTok’s Chinese owner ByteDance has signed a deal to sell its U.S. operations to a group of investors led by Larry Ellison. Under the deal, a new U.S. company will monitor TikTok’s algorithm and decide on the app’s content moderation rules.