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Oracle

Oracle Team USA sail both of their AC72's  while training for the America's Cup sailing event on July 17, 2013 in San Francisco.  (Photo by Ezra Shaw/Getty Images)

Oracle Team USA Receives Heaviest Penalty In America’s Cup History

An international jury has levied the harshest penalties in the 162-year history of the America’s Cup, docking defending champion Oracle Team USA two points in the finals against Emirates Team Zealand and expelling a key sailor.

09/03/2013

Oracle Team USA competes in the America's Cup World Series in 2012 in San Francisco. (Photo by Ezra Shaw/Getty Images)

Hearings Begin In America’s Cup Scandal

An international jury on Monday began hearings into what could be one of the biggest scandals in the 162-year history of the America’s Cup.

08/26/2013

Skipper Max Sirena of Italy's team Luna Rossa. (Photo by Paul Todd/Getty Images)

Italian Skipper Also Says America’s Cup Champ Oracle Cheated

Skipper Max Sirena of Italy’s Luna Rossa is the latest America’s Cup competitor to accuse defending champion Oracle Team USA of cheating in what potentially could be one of the biggest scandals in the regatta’s 162-year history.

08/15/2013

Larry Ellison in an interview from his Bay Area compound with CBS News. (CBS)

Oracle’s Ellison Defends ‘Risky’ Tactics In America’s Cup

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.”

08/14/2013

Grant Dalton, Managing Director of Emirates Team New Zealand. (Photo by Sandra Mu/Getty Images)

New Zealand America’s Cup Boss Calls Oracle Team USA ‘Cheaters’

The head of America’s Cup challenger Emirates Team New Zealand has accused defending champion Oracle Team USA of cheating in the latest controversy in sailing’s premier regatta. “You can’t actually get to any other point than the fact they were cheating,” he said.

08/13/2013

Larry Ellison in an interview from his Bay Area compound with CBS News. (CBS)

Tech Tycoon Ellison: Google CEO Did ‘Evil’ Things, Apple Is Going Down

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.”

08/13/2013

Oracle CEO Larry Ellison (Stephen Lam/Getty Images)

Oracle’s Ellison Calls NSA Surveillance ‘Absolutely Essential’ For U.S. Security

Oracle CEO Larry Ellison said the National Security Agency’s surveillance program is “absolutely essential” in the war against terrorism.

08/13/2013

Oracle Team USA skippered by Russell Coutts (#5) and Oracle Team USA skippered by James Spithill (#4)  in action during the match race final of the America's Cup World Series on August 26, 2012 in San Francisco, California.  (Ezra Shaw/Getty Images)

Oracle Boat Investigated; Team Forfeits Trophies Over Modifications

Oracle Team USA, the defending America’s Cup champion, is being investigated by the regatta’s International Jury for alleged illegal modifications the team made to its boats during exhibition races in 2012 and earlier this year.

08/12/2013

Oracle Team USA trains for the America's Cup sailing event on July 17, 2013 in San Francisco. (Photo by Ezra Shaw/Getty Images)

Oracle Forfeits America’s Cup World Series Titles

America’s Cup champion Oracle Team USA forfeited its overall championships from the first two seasons of the America’s Cup World Series on Thursday after it was determined that its yachts were modified without the permission of the Measurement Committee.

08/09/2013

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About The Bay: Shopping The America’s Cup Way

Many people might think of the America’s Cup sailing race as NASCAR on the water, but it’s clear who these races are geared to. The sails are big billboards for sponsors.

08/06/2013

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