larry ellison

In Silicon Valley, the 'Recovery' Has Left Many in the Dust

The Silicon Valley is adding jobs faster than it has in more than a decade. Stocks and fortunes are soaring. But bleaker records are also being set: Food stamp participation just hit a 10-year high and homelessness rose 20 percent in two years. Simply put, while the ultra-rich are getting even richer, record numbers of Silicon Valley residents are slipping into poverty.

Ellison, Oracle One-Up Everyone with a December Triple Dividend

A lot of companies have moved up their January dividends to late December this year, to help shareholders avoid a 2013 tax hike. And some of those dividends have been made extra juicy. But Oracle CEO Larry Ellison is going even bigger: He's issuing three quarters worth of dividends at once.

What to Watch This Week: The Games Are Afoot

Let's go over some items that will help shape the week ahead for Wall Street: The Hunger Games will give theaters a much needed boost; FuelBand may do the same for Nike; video game sellers hunger for hits; and Tiffany and Oracle will give us clues about the recovery.

What Was Wall Street Thinking Last Week?

Last week's most puzzling moves included Bank of America turning ingrate on its debit card users -- who also pay taxes, and hence bailed BoA out -- Oracle's Larry Ellison and HP writing a new chapter in their feud, Warren Buffett opting for a stock buyback, and Sony refusing to pay for 3-D glasses.

Meet the Richest People in America

The nation's wealthiest are worth a combined $1.53 trillion, according to Forbes. And while there are many familiar faces on this year's list of the richest Americans, a younger group of entrepreneurs are marching their way up the ranks.

What You Can Buy With a Literal Ton of Cash

With more and more financial transactions being conducted electronically, it's easy to forget the physicality of money. What a dollar weighs, or a pile of them. So just for fun, let's start piling up the Benjamins and see what a pound -- or 10, or 100, or a ton -- of C-notes will buy.

Measuring Rich People's Toys Against Average Incomes

The gap between America's super-wealthy and the rest of us has grown so vast it's hard to even comprehend the sums they spend on their luxuries. But if you measure, say, a $200 million luxury yacht in terms of the average U.S. family's household income, the picture comes back into focus.

Oracle Earnings Jump 28% as Tech Spending Rises

Oracle, one of the world's biggest software companies, on Thursday posted fiscal second-quarter earnings that grew 28% year over year. It's the latest sign that companies are spending more on technology.

HP Chief Won't Testify at SAP Trial

Before taking over the top spot at Hewlett-Packard, Leo Apotheker was CEO of SAP, the German business-software maker now on trial over corporate espionage allegations from Oracle. But HP says Apotheker won't testify at the trial.

Oracle's Larry Ellison Blasts Incoming HP Chief

In a trial that starts Monday, Oracle CEO Larry Ellison says he intends to prove that incoming Hewlett-Packard chief executive Leo Apotheker stole ideas from Oracle in his previous position as head of European competitor SAP.

Jack Welch Disses HP's Board: 'Who Are These Board Members?'

Days after Oracle CEO Larry Ellison urged the entire board of Hewlett-Packard to "resign en masse right away," former General Electric CEO Jack Welch has jumped on the diss-HP's board bandwagon. The criticism comes in the wake of HP's hiring of Leo Apotheker as CEO. "Who are these board members?" Welch asked.

Larry Ellison: HP Board Must 'Resign En Masse Right Away'

Oracle CEO Larry Ellison doesn't think highly of Hewlett-Packard's board. In fact, he thinks the entire board should resign -- pronto. Why? Because "the madness must stop," Ellison said, referring to HP's hiring of Leo Apotheker, a former chief of German software giant SAP

Mark Hurd Pitches New Oracle Data Servers at Annual Confab

Oracle Corp. Co-President Mark Hurd, who was brought aboard by the software giant after leaving his CEO post at Hewlett-Packard Co. last month amid controversy, unveiled four new versions of the company's Exadata storage servers at Oracle's annual customer conference in San Francisco today, the Wall Street Journal reported.

IBM CEO Disses HP and Hurd, Praises Oracle and Ellison

Big Blue isn't bullish on Hewlett-Packard. IBM CEO Samuel J. Palmisano launched a verbal barrage Tuesday at its Silicon Valley rival, criticizing HP's expensive 3PAR purchase, its handling of the ouster of scandal-tarnished CEO Mark Hurd, and its overall strategy.

Larry Ellison's Endgame: Buy HP to Fight IBM?

Now that Oracle CEO Larry Ellison has HP's Mark Hurd, he could be getting ready to make his next move -- and go for all of HP. Sounds crazy, but at least one respected tech analyst thinks it'll happen. And he notes that Ellison is used to winning.

As HP and Apple Show, CEO Succession Planning Is Key

It might be a scandal. Or an illness. Or the CEO could simply quit. Regardless of the cause, major companies can't afford to wait until a sudden crisis dictates the search for a new CEO. Korn/Ferry's Ana Dutra explains.