Oracle's Chief Technology Officer (CTO) and billionaire Larry Ellison has personally pledged $40.4 billion to back his son’s Paramount takeover bid for Warner Bros. Discovery, aiming to keep the ...
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Larry Ellison's wealth took a big hit on Thursday, with $24.9B wiped off his net worth after Oracle's (ORCL) weak guidance and massive AI spending plans pushed its stock down around 11%. Ellison is ...
Three months after Larry Ellison briefly became the world’s richest person, a historic slide in Oracle Corp. shares sent his net worth plunging by $24.9 billion. Oracle shares slumped by 11% Thursday ...
Oracle’s stock fell more than 12% on Thursday on growing fears about the software giant’s massive AI spending — shaving more than $30 billion off co-founder Larry Ellison’s fortune. The Texas-based ...
The net worth of Oracle Corp. (NYSE: ORCL) founder Larry Ellison takes a hit. A poor earnings report that pushed Oracle’s stock down sharply is to blame for that. Are you ahead, or behind on ...
Unlock the full InfoQ experience by logging in! Stay updated with your favorite authors and topics, engage with content, and download exclusive resources. Vivek Yadav, an engineering manager from ...
Larry Ellison, executive chair and chief technology officer, founded Oracle Corp. (NYSE: ORCL) in 1977. Recently, it has become a tech behemoth, largely because of its key position in the burgeoning ...
The forecasts will offer a glimpse of the path for policy at a highly uncertain moment for economy — and the central bank. By Colby Smith Federal Reserve officials are scheduled to release a fresh set ...
Australia’s largest electricity distributor strengthens cybersecurity and compliance while reducing Java vulnerabilities by 99% Azul, the only company 100% focused on Java, announced that Ausgrid, ...