Just a month ago, the America’s Cup “village” along San Francisco’s waterfront had few visitors. Then Oracle Team USA launched one of the greatest comebacks in the sport’s history. On Wednesday, tens of thousands lined up along the city’s waterfront to watch them retain the cup.
Oracle CEO Larry Ellison is so immersed in his boating team’s stirring comeback in the America’s Cup that he backed out of giving the marquee speech at his software company’s biggest customer conference of the year.
The value of Oracle Corp. founder and CEO Larry Ellison’s pay package dropped 18 percent in fiscal 2013, to $78.4 million, after the business software company missed its internal financial targets and he declined his annual cash bonus.
Nearly 20 years after beating Mr. America’s Cup himself, Dennis Conner, Team New Zealand is on course to scuttle software billionaire Larry Ellison’s hopes of keeping sailing’s biggest prize.
The America’s Cup Finals begin in San Francisco on Saturday, and city and team officials are hoping that the races themselves will finally take center stage rather than the tragedy and controversies that have overshadowed the regatta thus far.
The new, cutting-edge America’s Cup boats are not without criticism and Oracle’s Larry Ellison defends what some call risky engineering and sailing tactics, explaining, “It has to be a little bit risky.”
Larry Ellison, America’s third richest man and the CEO of Bay Area tech giant Oracle, took aim at Google in a wide-ranging interview with CBS News, calling out Google CEO Larry Page “specifically” for overseeing Google’s decision to “take our [Oracle's] stuff.”
Oracle CEO Larry Ellison said the National Security Agency’s surveillance program is “absolutely essential” in the war against terrorism.
Oracle is still having trouble closing enough business software deals to keep Wall Street happy. The quarterly results announced Thursday could escalate investors’ fears about Oracle’s ability to adapt to the changing demands of its customers.
Oracle Corp. CEO Larry Ellison bought a small Hawaii airline Tuesday, less than a year after he bought most of the Hawaiian island of Lanai.