Feeds

Ellison not dead and not leaving Oracle

Software giant victim of rumour mill

  • alert
  • submit to reddit

Choosing a cloud hosting partner with confidence

Oracle today rubbished rumours that its flamboyant founder Larry Ellison was flying the coop.

The speculation that CEO Ellison and CFO Jeff Henley were leaving apparently started hours before the software giant's doors opened for business at its California HQ this morning.

It helped drag Oracle's share price down almost six dollars from its opening price to just over $26.

The company was swift to deny the gossip being whispered to traders, which apparently also included the rumour that Ellison had died, Reuters reports.

"Both are staying and couldn't be more energetically engaged in the business. Rumours are categorically, absolutely untrue," said Oracle Spokesman Kevin McGuirk. Oracle's stock rose to around $29 on the news.

On Monday Channel 4 showed a report of the choppy 1998 Sydney to Hobart yacht race, in which Ellison cheated death. ®

Related Stories

Ellison: The ego has landed
Who's the most powerful IT exec in the world?
Ellison laughing all the way to the bank
Ellison looks back on the horrors of the Sydney/Hobart yacht race

Providing a secure and efficient Helpdesk

More from The Register

next story
Preview redux: Microsoft ships new Windows 10 build with 7,000 changes
Latest bleeding-edge bits borrow Action Center from Windows Phone
Google opens Inbox – email for people too thick to handle email
Print this article out and give it to someone tech-y if you get stuck
Microsoft promises Windows 10 will mean two-factor auth for all
Sneak peek at security features Redmond's baking into new OS
UNIX greybeards threaten Debian fork over systemd plan
'Veteran Unix Admins' fear desktop emphasis is betraying open source
Entity Framework goes 'code first' as Microsoft pulls visual design tool
Visual Studio database diagramming's out the window
Google+ goes TITSUP. But WHO knew? How long? Anyone ... Hello ...
Wobbly Gmail, Contacts, Calendar on the other hand ...
DEATH by PowerPoint: Microsoft warns of 0-day attack hidden in slides
Might put out patch in update, might chuck it out sooner
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.