Larry Ellison has seen an unmatched $49 billion wiped off his net worth in 2026, as this week's software rout deepened his wealth decline. Oracle's cofounder and tech chief was worth $199 billion at ...

Oracle's restructuring is said to be tied to rising costs for building AI data centers and expanding cloud infrastructure.

Employees of Oracle, co-founded by billionaire Larry Ellison, reported receiving layoff emails around 6 a.m. on Tuesday, according to several social media posts. While the full extent of the layoffs ...

The Oracle co-founder has kept a large stake in his company and pledged much of it for personal loans—here’s what that looks ...

Wednesday marked a boon day for Oracle co-founder Larry Ellison, whose net wealth surged by $14 billion as the software group's shares soared after earnings. Oracle's stock (ORCL) rose 9.18% to ...

Salesforce's market value topped Oracle's earlier this year, another sign that primacy in software had swapped hands. That was months before Salesforce made its biggest acquisition ever. Salesforce ...

Company chaired by Trump ally Larry Ellison seeks to reassure investors that bet on AI infrastructure will pay off ...

It’s unclear exactly how many employees lost their jobs, with reports ranging from 10,000 to 30,000. The latter would represent almost 19% of the company’s 162,000 workers.

As Larry Ellison’s comments went viral, it also fuelled criticism online, with many users interpreting the remarks as a sign ...