At 84, the billionaire co-founder of HR software firms PeopleSoft and Workday is building another start-up.
Browsing: Larry Ellison
Oracle is winning over investors as it sees a resurgence in sales growth driven by artificial intelligence-fuelled demand.
Paramount Global, the parent of US broadcaster CBS, will soon be controlled by software billionaire Larry Ellison.
Three years after Oracle moved its headquarters to Texas from California, chairman Larry Ellison said he’s planning another move.
A tough economy has pressured cloud spending by businesses, sending Oracle’s shares down 9%.
The world’s fourth richest person has exercised expiring options and sold $640-million of Oracle shares.
Musk needs to secure an additional $22.4-billion of funds to cover the equity financing portion of his deal to buy the social media company.
Businesses are choosing newer providers instead of Oracle, the sector stalwart, as a result of changes across the enterprise IT landscape.
Elon Musk has secured $7.1-billion in funding from a group of investors that includes Oracle co-founder Larry Ellison to fund his $44-billion takeover of Twitter.
Oracle said on Monday that it will build a data centre in Johannesburg, firming up plans first announced two years ago.