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Larry Ellison

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  • Did Larry Ellison cheat in the America’s Cup? Monday, 26 Aug 2013 | 12:44 PM ET
    Skippers James Spithill and Ben Ainslie race against each other on Aug. 24, 2013, before the Louis Vuitton Cup finals start.

    After years of preparation and countless controversies, software mogul Larry Ellison's Oracle Team USA is poised to defend the America's Cup, but first it must beat back a cheating scandal.

  • America's Cup May Not Be a San Francisco Treat Tuesday, 2 Jul 2013 | 4:43 PM ET
    Larry Ellison celebrates after Oracle Team USA  won a semifinal match race during the America's Cup World Series last August in San Francisco.

    The City by the Bay is preparing to host the America's Cup, and some wonder if it's worth the expense. The cost to taxpayers could top $22 million, but Mayor Ed Lee says fundraising is on track.

  • Cramer: I 'Gave Up' on This Stock Friday, 21 Jun 2013 | 10:41 AM ET

    Cramer's charitable trust sold its position in Oracle this week, "throwing in the towel" on the stock, while adding to its position in another name: Facebook. Here's why.

  • Market Open: Stocks Recover   Friday, 21 Jun 2013 | 9:29 AM ET
    Market Open: Stocks Recover

    CNBC's Jim Cramer, David Faber, and Scott Cohn discuss what to watch following the open, including what's happening with Oracle. With Bob Pisani.

  • Cramer: I 'Gave Up' on This Stock   Friday, 21 Jun 2013 | 9:09 AM ET
    Cramer: I 'Gave Up' on This Stock

    CNBC's Jim Cramer says his charitable trust has thrown in the towel on Oracle, because it's a company he no longer believes in. The stock is down almost 8 percent this year, mostly due to losses in the last day. "They're obviously executing very poorly," he says.

  • Larry Ellison's Growing Empire Now Has an Airline Wednesday, 27 Feb 2013 | 1:26 PM ET

    Less than a year after buying the Hawaiian island of Lanai, Oracle chief Larry Ellison has purchased Island Air, a local airline that factors in his development plans.

  • Oracle to Buy Acme Packet for About $2 Billion Monday, 4 Feb 2013 | 9:03 AM ET
    Oracle CEO Larry Ellison

    Oracle has agreed to buy Acme Packet, which makes network equipment to speed up voice, video and data delivery across networks, for about $2 billion.

  • 'Obama Millionaires'   Tuesday, 6 Nov 2012 | 2:29 PM ET
    'Obama Millionaires'

    Millionaires are better off than they were four years ago, or at least, there are more of them, reports CNBC's Robert Frank.

  • *Workday shares reach session high $51.32. Oct 12- Shares of Workday Inc. The cloud computing company whose services compete with rivals such as Oracle Corp.

  • Ellison Eyeing the Lakers?   Friday, 12 Oct 2012 | 4:43 PM ET
    Ellison Eyeing the Lakers?

    CNBC's Robert Frank says Ellison's reported interest in bidding on AEG, which owns a piece of the Lakers, is in very preliminary stages. Mark Martiak, Premier Wealth Management, provides perspective.

  • stock listing back in May, the Pleasanton, California- based company opened New York Stock Exchange trading at $48.05. Earlier in the week, Workday raised its price range to $24 to $26 per share from $21 to $24 per share. The IPO values the company, founded by ex-PeopleSoft executives David Duffield and Aneel Bhusri, at almost $4.5 billion.

  • Oracle CEO to experiment on his Hawaiian island Tuesday, 2 Oct 2012 | 10:33 PM ET

    SAN FRANCISCO-- Oracle CEO Larry Ellison envisions his recently acquired Hawaiian island becoming a "little laboratory" for experimenting with more environmentally sound ways to live. Ellison's ambitions include converting sea water into fresh water on the 141- square-mile island of Lanai.

  • Larry Ellison

    What does Larry Ellison do with all those mansions — and what's he going to do with that $500,000 Hawaiian island? And why does he need a $4 billion line of credit? The Oracle CEO spoke about his curious spending habits in an exclusive interview with CNBC's Maria Bartiromo.

  • Oracle's Ellison: expect Fusion take-up to quicken Tuesday, 2 Oct 2012 | 7:15 PM ET

    SAN FRANCISCO, Oct 2- Oracle Corp CEO Larry Ellison expects strong take-up for its Internet-based "Fusion" software, a product suite crucial to its efforts to catch up with rivals like Salesforce.com Inc in the fast-growing market.

  • *Oracle unveils new cloud products at user conference. BOSTON/ SAN FRANCISCO, Oct 2- Oracle Corp CEO Larry Ellison said he intends to drive growth at the world's No. 3 software maker by promoting its current suite of cloud computing products and not through an acquisition.

  • Oracle's Ellison: focus on Cloud, not acquisitions Tuesday, 2 Oct 2012 | 5:06 PM ET

    BOSTON/ SAN FRANCISCO, Oct 2- Oracle Corp CEO Larry Ellison said the company will focus on driving organic growth through a new suite of cloud computing software versus pursuing major acquisitions for now, though he would not rule out a big deal "down the road."

  • The Oracle logo is displayed on the company's world headquarters in Redwood Shores, California.

    Oracle isn't planning on making any large acquisitions over the next couple of years and instead is focused on growing organically, CEO Larry Ellison said on CNBC on Tuesday.

  • Larry Ellison: Gradually Been Rewriting Applications for the Cloud

    Larry Ellison, CEO of Oracle, speaks to CNBC's Maria Bartiromo about his company's plans for the Cloud, and where the computer industry is headed. "We completed a 7-year rewrite of all of our applications for the Cloud," he says.

  • MARKET PULSE-Boeing, Yahoo, Oracle Tuesday, 2 Oct 2012 | 7:41 AM ET

    U.S. stock index futures pointed to a higher open on Wall Street on Tuesday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 up between 0.2 and 0.3 percent. CNBC Mad Money host Jim Cramer said the Internet company has "real value because it has some really terrific assets", and new Chief Executive Marissa Mayer is committed to unlocking its value.

  • MARKET PULSE- Tuesday, 2 Oct 2012 | 7:33 AM ET

    U.S. stock index futures pointed to a higher open on Wall Street on Tuesday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 up between 0.2 and 0.3 percent. CNBC Mad Money host Jim Cramer said the Internet company has "real value because it has some really terrific assets", and new Chief Executive Marissa Mayer is committed to unlocking its value.