All Posts Tagged Tag: ‘Larry Ellison’

Oracle CEO Larry Ellison Steps Down

Oracle CEO Larry Ellison is stepping down from the position, and will be taking on the roles of executive chairman and CTO. Here’s the full statement from Oracle: The Oracle (NYSE: ORCL) Board of Directors today announced that it has elected Larry Ellison to the position of Executive Chairman of Oracle’s Board and appointed him the company’s Chief Technology Officer. …

Read More

Oracle Releases Earnings, Posts 2% Decline In Revenue

Oracle posted its fiscal 2013 Q1 earnings report on Thursday. While profits were up 15%, revenues were down 2% to $8.2 billion, though GAAP new software licenses and cloud software subscriptions were up 5% to $1.6 billion. Non-GAAP new software licenses and cloud software subscriptions revenues were up 6% to $1.6 billion. “Exadata, Exalogic, Exalytics and our other engineered systems …

Read More

Oracle Founder Larry Ellison Purchases the Island of Lanai

Ever since news broke that self made billionaire David Murdock was selling his private Hawaiian island of Lanai, there has been a lot of speculation as to who the new owner would be. There were talks that a serious buyer was lined up, but no one would disclose who it was. Many believed it was either Larry Ellison, who regulary …

Read More

Who Will Buy the Island of Lanai? The Founder of Oracle or the Founder of Microsoft?

Los Angeles billionaire David Murdoc is trying to sell his private island of Lanai, and already has a potential buyer. The island is part of Hawaii (It’s the sixth largest Island in Hawaii to be more specific), but only 2% of it is actually owned by the state. David Murdoc took control of the 140 square mile island as a …

Read More

Oracle to Deliver the Most Comprehensive Cloud on Planet Earth

Yesterday Oracle CEO Larry Ellison announced that his company is poised and ready to deliver the most comprehensive cloud this planet has ever seen, and there’s some real substance to what he’s saying. Oracle’s new public cloud features their fusion applications delivered as both software as a service (SaaS) and platform as a service (PaaS). On top of their new …

Read More

Google Lawyers Confound Oracle’s Ellison

Google’s trial against Oracle, who is suing over patent infringement regarding the use of Java in building the Android OS, finally commenced this week – 18 months after Oracle’s initial complaint. Today Oracle CEO Larry Ellison took the stand, and seemed to have been ill-prepared for the questioning of Google’s legal team. When lead counsel Robert Van Nest asked Ellison …

Read More