U.S. stocks closed little changed on Friday after Alibaba's strong debut was offset by falling technology shares as Oracle and Yahoo stumbled, but the Dow managed to edge higher to set a record for a second straight session.
Tags: Larry Ellison
World's Richest Billionaires Like Elon Musk and Jeff Bezos Doubled Fortunes as Poorest Get Poorer, Oxfam Says as Davos Opens
The combined wealth of the world's richest five men has more than doubled since 2020, while some five billion people have been made poorer, according to anti-poverty group Oxfam.
Oracle billionaire sold controlling interest in his Hawaiian Island Air
Oracle billionaire Larry Ellison's Ohana Airline Holdings LLC will sell a controlling interest of Island Air to venture capital investment company PacifiCap.
Oracle will teach young people how to think, to build a high school
Oracle Corporation, through its CEO Safra Catz, unveiled the company's plans to build a high school on its Redwood Shores campus.
Apple's Tim Cook will give away all his money: Fortune
Apple Inc (AAPL.O) Chief Executive Tim Cook is joining the roster of the very rich who are giving away their wealth. Fortune magazine cited the head of the world's largest technology corporation as saying he planned to donate his estimated $785 million
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Larry Ellison, co-founder and leader of Oracle Corp (ORCL.N) for almost four decades, stepped aside as chief executive on Thursday, to be replaced by co-CEOs Safra Catz and Mark Hurd, but stressed that nothing at the business software company will change.
Chief Executive Officer Larry Ellison eased worries that the private information of Oracle's cloud computing clients could be accessed by the National Security Agency, Reuters reported.
Oracle Corp founder Larry Ellison agreed to give up 95% of his USD575 million payout from terms of a buyout agreement with Pillar Data Systems Inc in order to appease the software company's investors.
Oracle Corp Chief Executive Officer Larry Ellison had agreed to give up a possible payout. Larry Ellison, Oracle Corp's CEO, had agreed to give up potential payout valued approximately USD500 million.
The Oracle Team USA funded by billionaire Larry Ellison remained in the running for America's Cup after Team New Zealand failed to win the Cup on Friday.
Larry Ellison of Oracle Corp and Salesforce.com's Marc Benioff publicly announced partnership to sell more internet based software.
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