Articles about Larry Ellison

Scrooge McDuck

Oracle data centre offers its back end to banking upstart

Oracle is becoming a British banking back end, with its data centres about to start holding the money and details of some of the UK’s wealthiest citizens. Hampden & Co, due to launch in the first quarter of 2015, has picked Oracle’s Flexcube as its core banking platform, the database giant said Tuesday. Unlike other Flexcube …
Gavin Clarke, 15 Jan 2015

Suck on this, Larry: NoSQL pair hit the G-spot

There has been plenty of talk about open-source databases growing faster than those belonging to tech dinosaurs like Oracle, but nothing tells a story quite like cash. MongoDB and Basho, pioneers in NoSQL, yesterday separately announced that they are each receiving further wads of cash from the venture capital sources. Open- …
Gavin Clarke, 14 Jan 2015

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
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 …
Neil McAllister, 18 Dec 2014
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
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, 2 Oct 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 …
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
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

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 …
Gavin Clarke, 19 Sep 2014
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 …
Neil McAllister, 18 Sep 2014
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 …
Neil McAllister, 18 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, 5 Aug 2014

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

Analysis 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 …
Gavin Clarke, 5 Aug 2014

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
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. …
Shaun Nichols, 19 Mar 2014

Oracle scores mixed bag in Rimini Street software IP 'theft' ruling

Oracle has been handed a partial victory in its IP violation case against software support provider Rimini Street. A US court hearing Oracle's case has issued a summary judgment saying that in two of the four incidents cited by Oracle, Rimini was in the wrong. Oracle claimed to have identified illegal copies of its software …
Gavin Clarke, 18 Feb 2014

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