Oracle announces new generative AI services for businesses
Oracle announced a new partnership with AI startup Cohere that will utilize Cohere's large language models and Oracle's cloud infrastructure to help clients make generative AI tools.
Oracle's Larry Ellison now world's third richest as AI explodes
With a 42% stake in Oracle and the company’ stock rising roughly 54% year-to-date, CTO Larry Ellison has knocked Amazon’s Jeff Bezos out of the third spot for world’s richest person.
Elon Musk-Twitter saga: A look at the major players
Tesla CEO Elon Musk has until Oct. 28 to close the Twitter deal before the Delaware Court of Chancery moves forward with a legal trial in November.
Twitter subpoenas Oracle co-founder in lawsuit to force Elon Musk's $44 billion purchase: report
Oracle co-founder Larry Ellison was subpoenaed by Twitter as the company attempts to force Elon Musk to follow through with his $44 billion purchase.
Oracle’s $28.3B Cerner deal near after regulatory hurdles cleared
Oracle expects to complete its $95 per share tender offer for Cerner on June 6 paving the way for the company's largest acquisition ever.
Elon Musk secures $7.1B in new funding for Twitter acquisition
As a result of the new commitments, Musk's margin loan financing for the Twitter deal has been reduced from $12.5 billion to $6.25 billion, while his equity financing has increased from $21 billion to $27.25 billion.
SailGP could have team owned by cryptocurrency fans by 2023
SailGP, the global league co-founded by software tycoon Larry Ellison, could have a team owned and operated by cryptocurrency enthusiasts as soon as the start of its fourth season in late 2023.
Global billionaires boom to new record, USA leads pack
Billionaires boomed last year with wealth hitting $10 trillion jumping 5.7% annually after a record 3,204 individuals made the cut.
Elon Musk trails Jeff Bezos at top of Forbes' 2021 billionaire's list
Musk had the largest dollar gain on this year's list, according to Forbes, with a fortune of $151 billion, a $126.4 billion increase compared to $24.6 billion last year, when the Tesla and SpaceX executive ranked at No. 31.
Elon Musk flies to Hawaii to meet with Oracle's Larry Ellison
Tesla CEO Elon Musk tweeted that he is meeting with Oracle CEO Larry Ellison in Hawaii to "seek some advice."
Oracle's Ellison relocates from California to Hawaii
Oracle co-founder Larry Ellison has moved from California's Silicon Valley to the Hawaiian island of Lanai.
Elon Musk to become world's 3rd richest person
Technology wiz Elon Musk is on track to become the world's third-richest person.
Larry Ellison's TikTok bid puts Oracle chairman back in the spotlight
Winning the TikTok contest would pay other dividends for Mr. Ellison, most significantly boosting Oracle’s efforts to gain traction in the hot field of cloud-computing—which he once dismissed as a fad.
AG Barr not sold on TikTok deal, as company fights US ban
A TikTok-Oracle combo remains on ice as White House insiders pooh pooh the deal.
TikTok may file US IPO if Oracle deal approved by White House
President Trump's China Hawks are not sold on the deal.
Oracle-TikTok on thin ice as Trump advisers divided on deal
Trump's friendship with Oracle CEO Larry Ellison may not be enough for a TikTok win.
Mnuchin: Oracle's TikTok bid promises US headquarters, 20,000 jobs
A TikTok-Oracle deal is being reviewed by U.S. Treasury Department.
Oracle in talks to buy Chinese social video app TikTok, report says
Oracle Corp. has expressed an interest in acquiring the popular Chinese social video app TikTok, a new report said Tuesday.
US billionaires' wealth has increased by 19% since coronavirus lockdown
On March 18, the stock market had already dropped about 29 percent from its Feb. 19 peak.
US billionaires got $434 billion richer since coronavirus pandemic began
U.S. billionaires' wealth has grown by $434 billion since March 18, when the majority of the nation shutdown to slow the spread of the virus