Articles about larry ellison

Larry Ellison on stage at Oracle's cloud pricing announcement

No wonder Oracle exec Kurian legged it – sky darkens as cloudy tech does not make it rain

Oracle's stock price took a hit on Monday after the enterprise giant saw revenue growth come to a virtual crawl, crucial cloud segments stagnated, and overall performance fell short of forecasts. Here's a summary of Big Red's first quarter of its fiscal 2019, the three months to August 31, as released on Monday: Revenues of …
Shaun Nichols, 18 Sep 2018
Oracle corporate HQ

Oracle: Think our DB sales are great now? Wait until we actually get the new product out...

Oracle has capped off a solid fiscal year, and, let's be fair, you can forgive it for boasting that big things are coming for its database line in the coming 12 months. On Tuesday, Larry Ellison's enterprise tech giant delivered both the Q4 and full year 2018 numbers reports. It also described its new tactic of bundling the …
Shaun Nichols, 20 Jun 2018
Larry Ellison, Oracle CTO

What's going great for Oracle? Cloud. What's not great? Just about everything else

Oracle is shaking off falling revenues in hardware and services by pointing to soaring cloud numbers in the three months to March. House Larry says that its Q3 FY2018 figures show its focus on cloud and SaaS paying off: Revenues of $9.8bn were earned in the last three months, up 6 per cent from the year-ago quarter. Net …
Shaun Nichols, 19 Mar 2018

Oracle swallows sales spurt from one of its niche categories: Cloud

Oracle topped analyst expectations and continued its push into the cloud computing space with another strong quarter. Execs, talking to analysts on Thursday, were optimistic in the database and middleware titan's ability to continue to move from its massive on-prem empire to more cloud and service offerings. Just don't talk …
Shaun Nichols, 15 Dec 2017
A log

Oracle wants you to drop a log into its cloud, so it can talk security

OpenWorld 2017 Oracle’s founder and chief technology officer Larry Ellison put on his best salesman act Tuesday during his second keynote at the tech giant's OpenWorld gabfest – this time playing up the impact high-profile IT security breaches have had on organisations and increasing concerns over state hackers. “The people we’re competing …
Rebecca Hill, 4 Oct 2017
An angry woman steaming from the ears

Open World? More like closed world: Women sue Oracle for 'paying them less' than blokes

OpenWorld Oracle is being sued by some of its former women staffers who claim they were deliberately and unfairly paid less than their male colleagues. The class-action lawsuit [PDF] filed in the San Mateo County state court of California accused the Redwood City enterprise software giant of gender discrimination. "At all relevant …
Shaun Nichols, 2 Oct 2017
Larry Ellison on stage at Oracle's cloud pricing announcement

Oracle promises ‘highly automated’ security in self-driving database

OpenWorld 2017 Oracle has kicked off its annual OpenWorld conference with a pledge to automate in the company's “autonomous” database, plus plenty of snark directed at Amazon Web Services. Jeans-toting CTO Larry Ellison kicked off Big Red’s four-day San Franciscan extravaganza with a not-so-slick presentation that had no real big surprises …
Rebecca Hill, 2 Oct 2017
Larry Ellison on stage at Oracle's cloud pricing announcement

Oracle promises SLAs that halve Amazon's cloud costs

Oracle chair and chief technology officer has pledged to undercut Amazon Web Services pricing by 50 per cent for infrastructure-as-a-service and platform-as-a-service, in part by increasing use of automation. Big Red staged a Cloud event on Tuesday, at which Ellison said that the primary cost of running platform-as-a-service ( …
Simon Sharwood, 20 Sep 2017
Oracle

Oracle's Q1: Cloud, great. Hardware, meh. Mergers, unlikely

Oracle kicked off its 2018 fiscal year by reporting more than $9bn in total revenues. The enterprise software giant talked up its cloud business Thursday while CEO Larry Ellison made a point of needling his rivals in the SaaS space. For the Q1 fiscal year 2018 period, ending August 31: Revenues of $9.2bn topped analyst …
Shaun Nichols, 14 Sep 2017
Bait

You gotta have goals: Oracle ties Larry, Safra and Mark’s equity to cloud

Oracle’s top earners will only be able to earn more equity if the company delivers on its cloudy promises and pays out for stockholders, according to a revamped compensation plan. The changes, detailed in the company’s latest 8-K filing, mean that from fiscal 2018, CTO Larry Ellison and joint CEOs Safra Catz and Mark Hurd will …
Rebecca Hill, 8 Sep 2017
Oracle acrobatics in the cloud

What hardware? Oracle is on cloud nine, er, twelve right now – $200,000,000,000

Oracle says it has finally turned the corner with its cloud compute transition as it reports big gains for the business, both in the quarter and the fiscal year. The database giant said that its cloud and SaaS units now account for more than 10 per cent of its total revenue haul and will take on an even larger share of the …
Shaun Nichols, 22 Jun 2017
Scrooge McDuck

Tech moguls dominate Oxfam's rich people Hateful 8

Five of the world's eight fattest fat cats, whose collective wealth equals that of the world's 3.6 billion poorest people – according to a new report by Oxfam – are technology billionaires. Leading the pack is the charity-committed Bill Gates, with $75bn he's honestly trying to get rid of. Carlos Slim Helú has a net worth of $ …
Oracle Chair Larry Ellison on stage at OpenWorld 2016

Oracle takes aim at AWS with cheap, fast public and hybrid cloud

Larry Ellison kicked off Oracle's OpenWorld event in San Francisco on Sunday with news of a second-generation infrastructure-as-a-service offering. The IT giant's supremo claimed the IaaS out-performs Amazon Web Services (AWS), undercuts it on price and will also be sold as on-premises kit tied to a subscription. Ellison told …
Simon Sharwood, 19 Sep 2016
Oracle OpenWorld cloud

Oracle's feeling pretty SaaS-tisfied with itself

Oracle has seen its revenues return to growth as the enterprise computing giant continues its migration away from on-premises systems. The database kingpin once again talked up the growth in its SaaS and PaaS businesses, while hardware and on-premises software continued to decline. This as Oracle is just days away from its …
Shaun Nichols, 15 Sep 2016
Cloudy server conceptual illustration. Photo by Shutterstock

Larry Ellison's Oracle swallows Larry Ellison's part owned Netsuite for $9.3bn

Database titan Larry Ellison’s Oracle is slurping NetSuite - a company he and his family already own a big slice of - for a cool $9.3bn (£7bn) to help him compete better with Salesforce, another firm he part owns. The buy will see Oracle splash $109 per share on the first ever purveyor of software clouds: NetSuite was set up …
Kat Hall, 28 Jul 2016
Pennies in a jar. Photo via Shutterstock

Stopped buying Oracle's kit? You've literally decimated its profit

Oracle is talking up soaring sales for its cloudy operations – while the IT giant's profit has taken a big hit over the past 12 months. "We dramatically overachieved again in the cloud," gushed co-CEO Safra Catz in a conference call with analysts, putting her bruised revenue and net income figures aside. "As the business grows …
Shaun Nichols, 17 Jun 2016
Higher Education and Further Education

US tech CEOs demand Congress programs US kids to be tech workers

A who's-who list of tech industry executives has urged US Congress to pump computer science training into the brains of American kids. The open letter, signed by more than 40 CEOs, board chairs, and company founders, asks all members of the Senate and the House to direct funding and support for programs that would create …
Shaun Nichols, 26 Apr 2016

Larry Ellison's Brit consortium in 'advanced talks' to buy Aston Villa

Larry Ellison is rumoured to be mulling a substantial cash injection into a foundering business which has seen itself unable to compete in recent years with more powerful rivals. No, not Oracle, but Aston Villa, according to the the word on the street and in The Sun, which says that a Brit consortium linked to the US …
Paul Kunert, 21 Apr 2016

Create a news alert about larry ellison, or find more stories about larry ellison.

Biting the hand that feeds IT © 1998–2018