Articles about Ellison

Larry Ellison: Oracle's going to WAR against Amazon cloud prices

Oracle technology chief Larry Ellison is embarking on a journey Microsoft couldn’t complete: beating Amazon’s cloud services on price. Oracle’s former CEO is reported to have kicked off a price war by committing his database firm to undercutting AWS on storage. “We are prepared to compete with Amazon.com on price,” Ellison said …
Gavin Clarke, 23 Jun 2015

Shareholders pen outraged letter about Ellison's bulging package

Oracle and its founder Larry Ellison are facing fresh calls from shareholders to change the company's high compensation structure for executives, and stop ignoring requests to communicate with directors. Dutch and UK shareholder groups PGGM and Railways Pension Trustee Company Limited have more than 2.8 million members and $ …
Kat Hall, 26 Jan 2015
Larry Ellison, photo by Oracle Corporate Communications

Oracle's Larry Ellison quits as CEO – new bosses are Hurd'n'Catz

Oracle has, in the past few minutes, announced that company founder Larry Ellison has stepped down as chief executive, effective immediately. Outspoken Ellison will remain with the company in the capacity of chief technology officer, and he will continue to oversee all software and hardware engineering functions, Oracle said in …
Neil McAllister, 18 Sep 2014
Larry Ellison's keynote at Openworld 2014

Larry Ellison, Oracle's humble CTO, demos cloud migration at OpenWorld

OpenWorld Larry Ellison is so confident that Oracle's new platform-as-a-service (PaaS) offering lets customers move their databases and applications to the cloud "with the push of a button" that he was even willing to try it himself in front of an audience of thousands. Ellison used his Tuesday afternoon keynote at this year's OpenWorld …
Neil McAllister, 01 Oct 2014
Larry Ellison

Ellison: Sparc M7 is Oracle's most important silicon EVER

OpenWorld During his OpenWorld keynote on Sunday, Oracle CEO CTO Larry Ellison took time out from talking up his company's cloud strategy to remind the audience that the database giant is in the hardware business, too – all the way down to the silicon. Many of Oracle's "engineered systems" are powered by Intel processors – and Intel …
Neil McAllister, 29 Sep 2014

Oracle cold bath shrinks Larry Ellison's pay package

Oracle's Larry Ellison, one of the world’s richest men and best-paid CEOs in the US, is getting his pay cut by more than half. The database giant's chief executive has been awarded just 3 million stock options by its compensation committee in its annual review process. That’s down from 7 million the year before and every year …
Gavin Clarke, 05 Aug 2014

AW, SNAP, Oracle. You've shrivelled up poor Larry Ellison's package even more

Oracle’s soon-to-be-ex-CEO Larry Ellison took home slightly less money in fiscal 2014 than the previous year, after some rumblings of criticism at the sizeable nature of his big package. The poor billionaire bagged just $67.3m in compensation, instead of the $78.4m he managed to make off with in fiscal 2013, a markdown of 15.5 …

Oracle, the King of Cloud? Maybe in Ellison's world

Analysis Oracle's executive team spent most of its second-quarter earnings conference call on Wednesday talking about its cloud business – which made sense, since that was the only part of the business that showed significant growth. As in last quarter's call, the trio of Safra Catz, Larry Ellison, and Mark Hurd chirped away about the …
Neil McAllister, 18 Dec 2014

Oracle's Larry Ellison has the MOST MASSIVE PACKAGE IN PUBLIC

Oracle founder and chief exec Larry Ellison has managed to stay one of the highest-paid CEOs of the hundred largest publicly traded US firms for another year, despite his shrinking package. Ellison topped the lot with a take-home of $78.4m in 2013. That's a hefty hunk of dosh, but it was down $18m from his 2012 compensation. The …

Larry Ellison hands back $575m from Oracle's Pillar slurp

Oracle chief exec Larry Ellison has agreed to waive a potential payout of $575m to clear up accusations of a conflict of interest over Oracle's acquisition of Pillar Data Systems, a company Ellison owned. Ellison agreed to hand back over 95 per cent of an "earn-out" payday he got when Oracle slurped Pillar in 2011, after two …

Bill Gates, drugs and the internet: Top 10 Larry Ellison quotes

When it comes to soundbites, Oracle chief executive Larry Ellison is a pro. Reporters show up not just to hear what he says, but how he says it. Bill Gates, Microsoft, SAP, IBM, cloud, yachting, his own phenomenal success – all have been subject to Ellison's barbs and meditations. Scheduled or off-the-cuff, his words turned a …
Gavin Clarke, 22 Sep 2014
Artist's impression of thunder-thighs kicking a lesser dinosaur into touch. Pic: UCL

Larry Ellison: Who's the DINOSAUR NOW, cloudy rivals?

There’s more to cloud than putting an ad on the back of The Economist, as a relatively contrite Larry Ellison and Oracle tried to demonstrate this week. His PR people rattled out the product news at Oracle’s OpenWorld conference in San Francisco, California, like he, or they, were trying to prove something. What could it be? “ …
Gavin Clarke, 02 Oct 2014
Larry Ellison, photo by Oracle Corporate Communications

Larry Ellison looks out from his island paradise and thinks: I wanna buy the LA Clippers

Oracle supremo Larry Ellison and TV's Oprah Winfrey are ready to buy basketball team the Los Angeles Clippers after its owner Donald Sterling was booted out of the sport, it's claimed. The database head honcho, worth $50bn, and the telly talk-show titan, plus record producer David Geffen, are said to be keen to snap up the team …
Larry Ellison

Larry Ellison: Technology has 'negatively impacted' children

Tech magnate and extremely rich chap Larry Ellison bemoans the effect technology has on children. Billionaire Larry Ellison was asked at the Oracle Human Capital Management summit on Thursday about what changes he thought technology might have on the world. After plugging a movie his daughter produced – "Her" – as a good …
Jack Clark, 07 Feb 2014

Ellison ditches own cloud keynote for billionaires' America's Cup boat race

OpenWorld Oracle OpenWorld turned into Oracle SnubWorld on Tuesday, when Larry Ellison ditched his hotly anticipated speech on Oracle's cloud strategy so that he could watch his boat race in the hugely expensive America's Cup. The swap-out of Larry Ellison for senior product management veep Thomas Kurian was met first with muffled …
Jack Clark, 24 Sep 2013

PEAK Apple: Cupertino's hopes died with Steve Jobs, says Larry Ellison

Oracle supremo Larry Ellison has told Apple that it doesn't stand a chance of success without Steve Jobs at the helm. In an interview with CBS, the multibillionaire performed a bizarre dance routine meant to illustrate what chance Apple has in the post-Jobs era. Just like the oracles of old, Ellison's predictions take a bit of …
Jasper Hamill, 13 Aug 2013

Larry Ellison forks out over $200m to slurp up sexy Malibu strip

Billionaire Oracle chief Larry Ellison has added to his impressively opulent property portfolio with an entire strip of houses on the so-called "Billionaire's Beach" in Malibu. Ellison has made sure that he won't have any problems with noisy - or nosy - neighbours by buying a string of properties on Carbon Beach, along with: a …
Leisure Suit Larry screenshot

To beat Oracle, find jurors who care about Leisure Suit Larry not Larry Ellison

When you kick a giant in the shins and threaten to cut it off at the knees, do it in a jurisdiction you believe will provide you with a sympathetic jury. That's the strategy advised by Seth Ravin, founder and CEO of third-party application support outfit Rimini Street. The ten year-old company is an irritant to Oracle and SAP …
Simon Sharwood, 27 Feb 2015
POrch

Oracle slurps another storage upstart: Front Porch Digital joins Ellison's crew

The ceaseless hoovering up of small companies and startups by business behemoths has seen Oracle buy Front Porch Digital. Why did Larry Ellison latch on to this outfit? Front Porch Digital (FPD) is a content storage management (CSM) business. Its software products sit in a server between a media network on the one hand and a …
Chris Mellor, 16 Sep 2014

Oracle's Ellison outlines plans for Hawaiian Electriclarryland

When legendary Texan alt.rock ensemble Butthole Surfers recorded their (NSFW) 1996 opus Electriclarryland they almost certainly did not imagine a billionaire named Larry would one day buy a Hawaiian island and decide to revive its economy with solar-powered desalination plants and battery-powered cars. That billionaire is, of …
Simon Sharwood, 18 Jun 2013
Lanai island in Hawaii

Larry Ellison buys airline

Oracle boss Larry Ellison's passion for investing in Hawaii has seen him acquire local airline Island Air. Ellison last year acquired most of Hawaii's sixth-largest island, Lanai. Today he owns 98 per cent of the 141 square mile (365km2) lump of land. Should the billionaire database guru desire to visit Lanai by air, he can now …
Simon Sharwood, 28 Feb 2013
Larry Ellison, photo by Oracle Corporate Communications

Why Oracle CEO Larry Ellison had to go ... Except he hasn't

Analysis What's the difference between God and Larry Ellison? God doesn't think he's Larry Ellison. So goes the title of Mark Wilson's 2003 biography on Ellison, Oracle's now former chief executive – a man who by force of will forged a multi-billion dollar software empire. In the process, Ellison became not just the best-rewarded CEO on …
Gavin Clarke, 19 Sep 2014

Larry Ellison: Google is ABSOLUTELY EVIL, but NSA is ESSENTIAL

Oracle CEO Larry Ellison has nothing but praise for the US National Security Agency's domestic surveillance programs, but he's far less kind when it comes to Google – and in particular its CEO, Larry Page, whose behavior he describes as "evil." "I know his slogan is 'don't be evil,'" Ellison told correspondent Charlie Rose in an …
Neil McAllister, 13 Aug 2013
Lord Tywin Lannister

John Fowler survives latest chapter of Oracle's Game of Thrones

The confusion over whether John Fowler will remain at Oracle, now that incomer David Donatelli has an executive vice-president role that includes Fowler's responsibilities, is over. Fowler is staying. Oracle spokesperson Deborah Hellinger has told The Reg "with John's continued focus on engineering and with the addition of Dave …
Chris Mellor, 19 Jun 2015
Larry Ellison

Oracle defends Larry Ellison's whopping package

Oracle has hit back at shareholder claims that founder and chief Larry Ellison’s pay package is too generous, saying his compensation is “appropriate under the circumstances”. Like many tech titans, Ellison receives a nominal $1 pay cheque and has been known to refuse bonuses, but is nonetheless compensated by stock options. In …
Marc Benioff of Salesforce. Pic: Techcrunch

Someone is trying to buy Salesforce – but who could it be?

Salesforce.com is being eyed up for an acquisition – and has hired financial experts to guide it through the biz gobble, it's claimed. "Salesforce does not comment on rumors or speculation," the San Francisco-headquartered cloud giant told The Register this afternoon in response to whispers. There has been no formal offer for …
Shaun Nichols, 29 Apr 2015
Larry Ellison

Oracle's Ellison talks up 'ungodly speeds' of in-memory database. SAP: *Cough* Hana

OpenWorld Oracle headman Larry Ellison kicked off this year's OpenWorld conference on Sunday by touting the lightning-fast performance of the Oracle 12c database's new in-memory database caching option, and he brought along some brand-new hardware to prove his point. In-memory databases are nothing new, of course. SAP has long flaunted …
Neil McAllister, 23 Sep 2013

It's CLOUD WAR says Larry Ellison: parachute in the sales team

Larry Ellison has promised to bring holy price down upon the heads of cloud computing infidels. Microsoft, Amazon, Rackspace and Salesforce are all on notice: Ellison’s database giant will take them on, in infrastructure, platform and on apps. Ellison told Wall St on Wednesday he will be “price competitive” with Amazon’s AWS, …
Gavin Clarke, 20 Dec 2013
The Register breaking news

Ellison says Oracle eats own dogfood for cloud apps

OpenWorld 2012 Oracle CEO Larry Ellison says one of the top advantages of his company's newly announced cloudy application suite is that Oracle uses all of its own technology to build and deploy its cloud apps, and it allows its customers to do the same. "Oracle owns Java, the most popular programming language in the world," Ellison told the …
Neil McAllister, 03 Oct 2012
The Register breaking news

Larry Ellison buys island 1000x bigger than Branson's

Billionaire CEO Larry Ellison has fulfilled the dream of mega-rich folks everywhere: he has just bought his very own island. Lanai island in Hawaii If you like piña colada... Credit: Hawaii Tourism Authority/Pierce M Myers Photography The Oracle chief has snapped up the sixth-largest island in Hawaii, Lanai, in a deal with …
The Register breaking news

Oracle will roll out cloudy services next week – Ellison

Oracle is planning to launch a new suite of cloud software products and services in the first week of June, billionaire chief exec Larry Ellison said. "We’re announcing the general availability of the Oracle Cloud: Platform as a Service, Database Service, Java Service and a bunch of applications," Ellison said during an onstage …

Ellison aims his first Oracle 'mainframe' at Big Blue

Larry Ellison has launched the first mainframe-class machine that he can correctly say he made sure came to market, and now he is going to take a run at IBM's mainframe and Unix server businesses. What's more, it looks like he will to be able to make some credible arguments as to why customers running Oracle software – and …
The Register breaking news

Larry 'Shared databases are crap' Ellison reveals shared Oracle database

Billionaire Oracle chief Larry Ellison has announced his company's public and private cloud services and a multi-tenant version of his core database product, completing his Saul-like conversion from befuddled skeptic. The database company's chief executive opened his annual Oracle Open World (OOW) conference announcing a public …
Gavin Clarke, 01 Oct 2012
Larry Ellison's keynote at Openworld 2014

Larry: Oracle's now a CLOUDY biz. Ignore everything I said before

Despite once declaring that the cloud was “complete gibberish”, “insane” and “idiocy”, former Oracle head honcho Larry Ellison has announced that the firm is now ready to be the foundation of the cloud for its customers. Larry Ellison speaking at Oracle Openworld yesterday (28th September) Speaking at the company’s Openworld …
Larry Ellison

Oracle in dollar bother – but Larry's in a fighting mood over cloudy future

Larry Ellison appears unbothered by Oracle's third-quarter revenues remaining flat at US$9.3bn, despite that sum disappointing financial analysts. Big Red revealed its recent results today, and GAAP net income for the three-month period ended February 28 was $2.5bn, down three per cent year on year, or 56 cents per share. …
Iain Thomson, 18 Mar 2015
channel

Larry Ellison takes a bath on San Fran mansion

Oracle boss Larry Ellison is set to lose $4m on a Bay Area property in Woodside, south of San Francisco. The Real Estalker reports that Ellison spent $23m in November 2005 to buy two properties a mile away from his main Japanese-style country estate and quite near to Redwood Shores and the Oracle HQ. 1 Turkey Farm Lane 1 Turkey …
Chris Mellor, 25 Oct 2011
Gun and dollars

Oracle opens Uncle Larry's cut-price bit barn emporium

Oracle has pledged to be the planet's lowest-cost provider of core data centre equipment. Executive Chair Larry Ellison today announced a refresh of the company's Engineered Systems range – they're now called X5 – and a new strategy to offer the industry's lowest purchase prices. Ellison's rationale for the low-price play is …
Simon Sharwood, 21 Jan 2015
SGI logo hardware close-up

Oracle and life after Larry Ellison

The disruptor of disruptors, Oracle boss Larry Ellison, will be 67 on August 17 this year. So when will he retire? He will be 70 on August 17, 2014. We hear that the R-word is being mentioned by him to close friends, but we hear this from someone, who knows someone, who knows …. so it's veracity is as certain as Sarah Palin …
Chris Mellor, 01 Apr 2011

Ellison: Oracle will grow hardware biz soon

It is hard to watch the continuing decline in the Oracle systems business and not be concerned, but that is precisely what Oracle co-founder and CEO Larry Ellison wants you to do. Oracle is focusing on making the Sun businesses it has pruned (as distinct from the ones it has culled) profitable, and will worry about growth later …
Mark Hurd and Safra Catz

'Oracle, why are your sales f-' CLOUD CLOUD CLOUD, blasts Larry

Investors had their knives out for Oracle once again on Wednesday after the database giant's fourth-quarter results missed analysts' estimates on both earnings and revenue. The report capped off a disappointing year for Oracle, one in which its total revenue for the twelve months was flat from the previous year, at $38.23bn. It …
Neil McAllister, 17 Jun 2015
The Register breaking news

Ellison grilled on $4bn SAP 'theft' claim

Oracle CEO Larry Ellison was cross examined on Monday during the ongoing cat fight between Oracle and rival SAP. An SAP attorney grilled Ellison over claims that in pilfering Oracle intellectual property, SAP subsidiary TomorrowNow cost his company up to 30 per cent of PeopleSoft and 15 per cent of Sieble customers. The model …
Gavin Clarke, 08 Nov 2010
No Sale

Salesforce snubbed Microsoft's $55bn biz gobble offer – report

Microsoft wanted to buy cloud giant Salesforce.com for $55bn, it is reported. CNBC, citing anonymous sources, today claims the Windows goliath offered the 11-figure sum to Salesforce, but boss Marc Benioff wanted $70bn – a whopping price tag that ultimately sunk the deal. Salesforce has a market cap of $48.48bn. The talks …
Shaun Nichols, 22 May 2015
Mark Hurd

Oracle's Hurd says 95% of its software will be cloud services this year

Oracle co-CEO Mark Hurd has said the database giant plans to make substantially all of its software products available as cloud services, and that it will be ready to start signing up subscriptions come this October. Hurd made his comments in an interview with Bloomberg on Thursday, saying that 95 per cent of Oracle's products …
Neil McAllister, 24 Apr 2015
Columns of coins in the cloud

Oracle hires former SAP exec for cloudy push

Oracle has bagged itself a global head to manage the cloudy portfolio just a week after chief techie and erstwhile CEO Larry Ellison talked up the bets the company is placing behind the as-a-service model. The database titan has hired SAP’s former president of global cloud and line of business Shawn Price, after the German …
Paul Kunert, 12 Oct 2014
Screaming kid

Oracle is BETTER at cloud than everyone else so NER, shouts Hurd (no Katz)

Oracle’s co-CEO Mark Hurd is banging the drum for the database giant’s success in cloud computing. In a TV interview Hurd is reported to have come out fighting. “Make no mistake about it, we are laser-focused on taking share, we are focused on growing,” Hurd is reported to have said. “We are focused on driving the company …
Gavin Clarke, 30 Jan 2015

Apple splashes dough to keep Big Cheese safe

Apple spends $699,133 every year to keep chief exec Tim Cook safe, far, far higher than his modest life insurance premium of $2,500, according to an official document. The big figure isn't broken down and comes from a proxy statement filed with the Securities and Exchange Commission. This amount represents: (i) the Company’s …
John Leyden, 10 Aug 2015
The Register breaking news

Larry Ellison comes out fighting against HP Apotheker 'madness'

Oracle boss Larry Ellison was uncharacteristically lost for words, after Hewlett-Packard hired ex SAP CEO Leo Apotheker as its new chief late last week. But the silence didn't last long. “I’m speechless,” he told the Wall Street Journal, before quickly sharpening his tongue and adding that HP had selected a man “who was recently …
Kelly Fiveash, 04 Oct 2010
David Donatelli

Oracle boat picks up ex-HP hardware man Donatelli

HP exec David Donatelli has followed Mark Hurd to Oracle, and taken up an exec veep position related to hardware, according to Business Insider, citing numerous sources. Donatelli was the EVP in charge of HP's enterprise systems business when Meg Whitman appeared as HP head honcho to replace the ousted Hurd. Hurd went to Oracle …
Chris Mellor, 31 Mar 2015

GOOGLE is COMING FOR YOUR CHILDREN

Comment Google is developing children-specific versions of its products aimed at the under-12s, smashing one of the tech industry's taboos. Pavni Diwanji, Google VP of engineering, says of the playground invasion that the goal is to "change our products to be fun and safe for children", or so she told USA Today. The paper drily notes …
Andrew Orlowski, 05 Dec 2014
The Register breaking news

Ellison loses bid for US basketball franchise

Larry Ellison, as you all know, is accustomed to getting his way. But even the richest billionaire in Silicon Valley can't always get what he wants. And so it is with Ellison's desire to own the Golden State Warriors, where the chief executive officer of Oracle missed the jump ball to a Joe Lacob, a partner at Silicon Valley …