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  • Ellison tops Musk as world’s richest man after $101 billion gain

    The increase lifted Larry Ellison's total fortune to $393 billion, ahead of Musk who sits at $385 billion

  • Who is Larry Ellison, the man who ended Elon Musk's 300-day reign as world's richest

    Who is Larry Ellison, the man who ended Elon Musk's 300-day reign as world's richest

    The jump in fortune is mainly attributable to Ellison’s 41 percent stake in software company Oracle.

  • Oracle chairman dethrones Jeff Bezos as world's second richest person. 10 points on Larry Ellison

    Oracle chairman dethrones Jeff Bezos as world's second richest person. 10 points on Larry Ellison

    Larry Ellison owns just under 40 percent of the software giant, Oracle. He was a board member for Tesla and now only trails CEO Elon Musk’s $250.7 billion fortune for the title of the world’s richest person.

  • Oracle India’s cloud business grows 58% in first quarter, adds 10 new public sector clients

    Oracle India’s cloud business grows 58% in first quarter, adds 10 new public sector clients

    The growth was driven by several large deals signed in the country in the previous quarter following demand from AI use cases, Oracle's top executives have said. The company continues to focus on India with newer offerings such as NetSuite's ERP solutions

  • Long-term rivals are now our partners: Oracle leadership on offering multi-cloud solutions

    Long-term rivals are now our partners: Oracle leadership on offering multi-cloud solutions

    “Oracle has now reached a point where we have connected our cloud with AWS, Google and Microsoft and we have put up Oracle Cloud Infrastructure (OCI) data centres with all of them,” Oracle chairman Larry Ellison.

  • Oracle India unveils roadmap for cloud business after 50% YoY growth

    Oracle India unveils roadmap for cloud business after 50% YoY growth

    The company is also betting big on SaaS, as it estimates the business opportunity in India to grow to $50 billion by 2030

  • Oracle and Microsoft expand partnership to its offer database services on Azure

    Oracle and Microsoft expand partnership to its offer database services on Azure

    With this, Microsoft will be the only other hyperscaler to offer Oracle Cloud Infrastructure Database Services. The announcement comes less than a week after Oracle reported slowdown in cloud sales growth making investors question its market competitiveness.

  • Billionaire Larry Ellison pulled over for speeding on his own Hawaiian island: report

    Billionaire Larry Ellison pulled over for speeding on his own Hawaiian island: report

    Larry Ellison had purchased some 98 per cent of Lanai’s properties for $300 million more than a decade ago.

  • Elon Musk secures over $7 billion funding from investors including Larry Ellison

    Elon Musk secures over $7 billion funding from investors including Larry Ellison

    Saudi Arabian investor Prince Alwaleed bin Talal, who had initially opposed the buyout, also agreed to roll his $1.89 billion stake into the deal rather than cashing out.

  • Bloomberg Billionaires Index | Elon Musk is the richest; here are the other 9 richest people in the world

    Bloomberg Billionaires Index | Elon Musk is the richest; here are the other 9 richest people in the world

    Just few days after the world rang in New Year, Elon Musk surpassed Amazon’s Jeff Bezos to become the world’s richest person in 2021 with a net worth of $209 billion as on January 10, according to the Bloomberg Billionaire Index. However, Forbes billionaires list still shows Musk trailing Amazon’s Bezos. As Tesla chief and billionaire entrepreneur Elon Musk takes the first position, here are the other nine richest people in the world as per Bloomberg Billionaires Index as on January 10.

  • Oracle founder Larry Ellison acquires 1.75% stake in Elon Musk's Tesla for $1 billion

    Oracle founder Larry Ellison acquires 1.75% stake in Elon Musk's Tesla for $1 billion

    The 74-year old Oracle founder has indirectly invested in the company through the Lawrence J Ellison Revocable Trust

  • Azim Premji, Nadar in Forbes list of 100 richest tech tycoons

    Azim Premji, Nadar in Forbes list of 100 richest tech tycoons

    The '100 Richest Tech Billionaires In The World 2016' list has been topped by Microsoft founder Bill Gates with an estimated fortune of USD 78 billion.

  • Oracle to buy NetSuite for $9.3 bn to gain cloud computing clout

    Oracle to buy NetSuite for $9.3 bn to gain cloud computing clout

    The deal will bring together two companies linked to high-profile technology billionaire Larry Ellison. In addition to being Oracle's executive chairman, entities he owns hold about 40 percent of NetSuite's shares, according to a regulatory filing, a situation corporate governance consultants said would increase scrutiny of the deal.

  • Bill Gates richest American, 3 tech heads in top 10: Forbes

    Bill Gates richest American, 3 tech heads in top 10: Forbes

    Bill Gates held onto the number-one spot in the annual list of the 400 wealthiest Americans for the 22nd straight year, with net worth of USD 76 billion, down USD 5 billion from 2014.

  • Bill Gates world's richest self-made billionaire: Wealth-X

    Bill Gates world's richest self-made billionaire: Wealth-X

    Warren Buffett with USD 70.1 billion took the second slot on the list. Spain's Amancio Ortega (USD 65 billion) came in next.

  • Median pay of top 100 US CEOs rises 5% to USD 14.3 mn

    Median pay of top 100 US CEOs rises 5% to USD 14.3 mn

    The study, which is an analysis of CEO salaries at the 100 largest public US companies as measured by revenue, puts Microsoft's Indian-origin chief Satya Nadella on the top with a pay package of USD 84.3 million (Rs 525 crore) a year.

  • India home to 70 billionaires

    India home to 70 billionaires

    According China-based research firm Hurun's 2014 global rich list, Mukesh Ambani was ranked 41st in the list that was topped by Bill Gates, whose personal networth stood at a whopping USD 68 billion

  • Oracle's Ellison may be interested in 2nd Hawaiian airline

    Oracle's Ellison may be interested in 2nd Hawaiian airline

    Island Air, a Honolulu-based carrier with a handful of island-hopping planes that Ellison bought in February, confirmed discussions between Island and Phoenix-based Mesa Air Group, the parent company of Hawaii's interisland Go! Airlines.

  • Oracle blames sales force for Q3 miss, projects Q4 growth

    Oracle blames sales force for Q3 miss, projects Q4 growth

    Oracle Corp forecast a return to growth in new software sales this quarter, after blaming its rapidly expanding salesforce for a severe miss in third-quarter revenue that drove its shares 8 percent lower on Wednesday.

  • Mukesh Ambani India's richest for 6th year

    Mukesh Ambani India's richest for 6th year

    With networth of USD 21.5 billion, Mukesh Ambani has retained his title as India's richest person for sixth year in a row, while Mexican business tycoon Carlos Slim has emerged as wealthiest in the world for the fourth consecutive year.

  • Oracle Walks The Cloud Talk: Targets Amazon, IBM, EMC And SAP And SaaS Providers

    Oracle Walks The Cloud Talk: Targets Amazon, IBM, EMC And SAP And SaaS Providers

    CEO Larry Ellison announces Oracle's first public cloud at Oracle Open World 2012.

  • HP asks judge to enforce Itanium contract vs. Oracle

    HP asks judge to enforce Itanium contract vs. Oracle

    Hewlett-Packard Co told a judge on Tuesday that Oracle Corp should be ordered to make its software available on HP's Itanium-based servers for as long

  • If the CEO owns a yacht, should you sell the stock?

    If the CEO owns a yacht, should you sell the stock?

    In the past, investors rarely cared much about off-the-job spending by CEOs. Who cared if the top dogs indulged in a yacht or Ferrari? It`s their money, they can do what they want, right?

  • HP and Oracle set for court clash over Itanium

    HP and Oracle set for court clash over Itanium

    Lawyers for Hewlett-Packard Co and Oracle Corp will face off in court on Monday for opening statements in a bitter lawsuit over Oracle's decision to end

  • Oracle plans new cloud-based products, first Ellison tweet

    Oracle plans new cloud-based products, first Ellison tweet

    Larry Ellison, the billionaire chief executive of software maker Oracle Corp, said his company will launch a new suite of cloud-based software products and computing services the first week of June and he plans to send out his first tweet to announce the event.

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