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Articles about Larry Ellison

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

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, 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 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 …
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

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 …

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
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

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 …

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

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

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
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 …

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
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
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

Don't go away, IBM and SAP – Larry's not finished with you yet

SAP and IBM? Pah! Says Larry Ellison. Amazon and Salesforce – them’s my competition these days. Only the truth is a little more nuanced. Yes, there is competitive pressure from the cloud entrants but the more Ellison tries to re-invent Oracle, the more he’s going to have to scrap with his rivals IBM and SAP to haul past the new …
Gavin Clarke, 31 Jan 2014
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
Larry Ellison

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

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

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 vs Larry: Oracle and Google in courtroom smackdown

One of the big patent cases in tech will finally come to trial this week, as Oracle takes on Google in court over its use of Java software in its Android operating system. Oracle laid hands on the Java platform when it bought Sun Microsystems in January 2010 and it had filed suit against Google under the new Sun moniker of " …
The Register breaking news

Ellison says Oracle eats own dogfood for cloud apps

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

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 …
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
The Register breaking news

Oracle acquisition gets Larry more Involver(ed) with Facebook

Oracle is about to gain millions of fans – by buying software that powers Facebook fan pages. On Tuesday the database giant announced it would acquire Involver, a social-media software company, for an undisclosed sum. Involver offers a suite of tools that allow companies to develop marketing campaigns enriched social experiences …
Neil McAllister, 11 Jul 2012
The Register breaking news

Round two for Larry vs Larry Java face-off

The two Larrys will be back in mediation tomorrow, after a day of talks failed to come to any resolution in the Oracle versus Google case over Java patents. Ellison and Page, Oracle and Google CEOs respectively, were ordered to resolve their differences in front of a federal judge in California on 19 September, and will be back …

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 …

Oracle makes Sun-sized $5bn grab for Micros Systems

Oracle is buying systems maker and consulting shop Micros Systems for $5.3bn to counteract the slowdown in its hardware and software business. The giant Monday confirmed reports it is buying Micros, which builds and delivers integrated systems including point of sale systems for the retail and hospitality sectors. Oracle …
Gavin Clarke, 23 Jun 2014
John Lewis, inside Magna Park

John Lewis to respray with coat of Oracle ERP: Don't worry, we won't be 'wall to wall' Larry

The CIO of John Lewis makes no apologies for what he’s about to do. Quite the contrary. I’m meeting Paul Coby at John Lewis's offices in Victoria, a concrete tower fitted with JL’s fittings and furniture that overlooks the jumbled innards of London's £700m upgrade of the Victoria underground line. It's also a tube-strike day. It …
Gavin Clarke, 05 Mar 2014
Larry Ellison and Cobra

Snowden saga scares Oracle away from spy-flick sponsorship

The ongoing tensions between the government and private sectors over Edward Snowden's document leaks has reportedly pushed Oracle to cancel a high-profile film placement deal. Citing unnamed sources familiar with the matter, The Financial Times claims that Oracle first made, then sought a way out of, a product-placement deal in …
Shaun Nichols, 07 Feb 2014
The Register breaking news

Larry Ellison to buy EMC?

Whimsical Wall Street analysts, eager investment bankers, and maybe a few pump-and-dumpers are presumably behind the chatter that Larry Ellison, who is synonymous with software powerhouse and server wannabe Oracle, is interested in buying disk-array giant and VMware owner EMC. That's a good one, right? Almost as good as …
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
arrow pointing up

HP sics Spaniards on Larry Ellison

Hewlett-Packard's legal fight with Oracle over Intel's Itanium processor has now landed in Spain. On Friday, La Comisión Nacional de la Competencia (CNC), the Spanish antitrust authority, released a statement saying that it had launched for formal investigation into Oracle's decision to cease development of its database, …

Meet Solaris 11.2, where SDN means 'Software-Defined Net profit'

Larry Ellison’s Oracle bowled out Solaris 11.2 last week – and what does this member of the Unix family give us? Cloud computing, yes, but also a stab at a datacenter-in-a-(large)-box. It's not too far off the database-as-a-box idea Larry's been banging on about since 1998. Oracle’s Solaris 11.2 announcement is larded with the …
Gavin Clarke, 05 Aug 2014
Larry Ellison

Larry Ellison gets huge pay rise

The richest boss in tech just got a little bit richer, and this time it's not his customers squeaking. Oracle chief executive Larry Ellison, California's richest man, has been awarded a 38 per cent pay rise, taking his salary to an estimated $72m. The award makes Ellison the second-highest paid CEO of a US public company, coming …
Gavin Clarke, 28 Aug 2008
Larry Ellison

Oracle swallows Corente, hopes to kick rivals in software networking bits

Oracle is buying software defined networking specialist Corente, upping the stakes in telecoms and cloud. Corente makes software to manage and provision applications and services regardless of IP network, transport type, access, security or provider over a wide area. Financial terms of the deal, announced on Tuesday, were not …
Gavin Clarke, 08 Jan 2014
Cat 5 cable

Larry Ellison relives reveals network computer netbook dream

Larry Ellison has once again demonstrated how he always gets what he wants in the end, by floating the possibility that Oracle could get into the stripped down client PC business. OK, it looks like he's latching onto the latest greatest thing - telling the JavaOne conference that now Oracle is swallowing Sun, he could well …
Joe Fay, 03 Jun 2009
channel

Ellison's cloud conversion is good for business

For those agnostics who continue to doubt the reality of cloud adoption, there are two clear signs: the adoption of Amazon's public cloud and Larry Ellison's public cloud creation. The first is a sign of the appetite for cloud while the latter is a suggestion that even the cloud laggards have eventually found their way to their …
Matt Asay, 07 Oct 2011

Oracle's Ellison wanted an NBA team for Xmas - instead he got Eloqua

Larry Ellison has made no secret that he wants to own a professional basketball team. Now he owns a company called Eloqua, which does the marketing for some NBA teams and about 1,200 large corporations. While that is not quite the same thing, Borg'ing small, nice software companies is certainly more Oracle's game than owning any …
Oracle Ellison Sparc T4 launch

Three years since his Sun gobble, what hath Ellison wrought?

It is hard to believe that three whole years have passed since software giant Oracle instantly became a systems player by snapping up beleaguered Sun Microsystems for a cool $7.4bn – about $5.6bn net of Sun's cash hoard. No one took El Reg up on our suggestion to start up a Sun clone we called Moon Macrosystems by grabbing all …
Larry Ellison

IPO-leery Avaya was hot to flog self to Oracle, but talks 'fizzled' – report

Avaya's owners tried to sell the networking and telecoms provider to Oracle rather than take it public, according to reports. Reuters says that Larry Ellison's biz behemoth held talks with Avaya's private investors in the first half of 2013, but talks "fizzled" in the last few months. Oracle and Avaya both refused to comment. …
Gavin Clarke, 07 Oct 2013
The Register breaking news

Judge may order Page and Ellison into mediation

Larry Ellison and Larry Page could be forced into mediation to negotiate a settlement in Oracle's multi-billion-dollar claim that Google's Android tramples Java patents it owns. The US judge hearing Oracle's suit against Google has said he's deciding whether to order both sides into mediation, presided over by a magistrate judge …
Gavin Clarke, 06 Sep 2011
management regulation1

Rimini Street promises 'business as usual' after Oracle IP judgment

Software support specialist Rimini Street has promised it's "business as usual" despite suffering a setback in its ongoing intellectual property dispute with Larry Ellison's Oracle. "Oracle has established a prima facie case of copyright infringement as it relates to the identified copies of Oracle Database," said District Judge …
Gavin Clarke, 15 Aug 2014

Oracle shoves IBM out of world's No 2 software seller spot – Gartner

Oracle sold more software than IBM last year for the first time ever, making Larry Ellison’s database giant second only to Microsoft, at least according to analyst Gartner. Oracle made $29.6bn during 2013, growing 3.4 per cent over the previous year and elevating it from world’s third largest to second-largest software vendor. …
Gavin Clarke, 01 Apr 2014

When Ellison goes, will he go gracefully?

Graceful CEO exits are rare: the driven man with his hands on the corporate steering wheel finds it hard to sit in a rear seat and let someone else drive. More often they want to be the satnav. As far as they're concerned, it's their way or an abrupt turn onto the highway. How will Larry Ellison leave Oracle? Will he do a Dan …
Chris Mellor, 05 Oct 2011
globalisation

Larry Ellison: SPARC buy means we're just like Apple

Larry Ellison promised to hang onto Sun's hardware business yesterday, saying he wanted Oracle to be like Apple and Cisco. The firm filed a canned interview with Ellison with the SEC yesterday, in which he said "we're definitely not going to exit the hardware business." Ellison told Reuters via email that while most hardware …
Joe Fay, 08 May 2009
Larry Ellison, photo by Oracle Corporate Communications

'Shared databases are crap' Oracle reveals shared database management suite

Oracle, whose CEO Larry Ellison once slagged off multi-tenant clouds, has now released software to manage those very same multi-tenant databases. Ellison's database giant slipped out Oracle Enterprise Manager 12c this week, updated to administer multi-tenant instances on an Oracle 12c database. Oracle Multitenant is an option …
Gavin Clarke, 08 Nov 2013
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 …
wall_street

Oracle takes an arrow to the EPS: It's that darned strong dollar... again

Oracle is claiming a $9.3bn haul of revenues, up 4 per cent year-on-year, in its third quarter of fiscal 2014 – but that fell short of Wall Street analyst earnings expectations. The company said that on the quarter it saw GAAP earnings per share of $.56, up 8 per cent and just short of the projected 10 per cent increase. Overall …
Shaun Nichols, 19 Mar 2014
Larry Ellison, photo by Oracle Corporate Communications

Oracle has swallowed BigMachines, but does Salesforce look queasy?

Oracle has scooped up a hosted CRM specialist and one-time Salesforce.com investment. Larry Ellison's database giant has bought BigMachines, a 13-year-old provider of hosted sales-to-order software that allows sales staff to create quotes, promotions and proposals using automated workflows. Financial terms of the deal were not …
Gavin Clarke, 24 Oct 2013