Articles about Larry Ellison

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

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'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'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 …

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
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 …
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

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
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

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

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

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

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 …
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: 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
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

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
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 …
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
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
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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

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
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

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

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

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 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
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
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 …
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

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

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 headquarters

First day of Hurd'n'Catz at Oracle: It's dis-fur-pointing for Wall St

Oracle posted results that missed analysts' expectations yet again on Thursday, in a Q1 2015 earnings report that was all but overshadowed by the unexpected news that Larry Ellison has stepped down as CEO. Revenues for the quarter were $8.60bn, a scant 2.68 per cent gain over the same period a year ago and below even the lowest …
Neil McAllister, 18 Sep 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 …

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
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
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
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
Mark Hurd and Safra Catz

Hurd'n'Catz leading Oracle to the cloud, but core biz still lags

Oracle beat analysts' estimates for once for the second quarter of its fiscal 2015, with an earnings report that otherwise showed only modest results. The database giant's total revenues of $9.6bn for the three months that ended on November 30 were better than expected, but still only amounted to 3.5 per cent year-on-year growth …
Neil McAllister, 18 Dec 2014
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, …
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
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

Open...and Shut 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