Tag Archives : Larry Ellison

GSV Capital, a publicly traded closed-end mutual fund, buying 225,000 shares of the social networking giant Facebook at an average price of $29.28 per share has stirred the markets big time. Since the news started doing the rounds of the market, the Faecebook stocks have gained 40% and have traded even higher on the secondary market. Forbes had estimated [...]

The saga of ex-CEO, Mark Hurd and the fallout with Hewlett Packard over the forced resignation of Mr. Hurd has taken yet another turn as HP has now filed a lawsuit against Mr. Hurd in an effort to block his appointment as the co-President of Oracle Corporation. Stating that, Mr Hurd has been privy to sensitive information while performing the duties [...]

After hours of speculations and intense discussions, the owner of Sun Microsystems, Oracle Corporation, as per numerous reports has now finally announced that, the company has hired the ex-CEO of Hewlett Packard (HP), Mark Hurd in the capacity of one of the two co-Presidents for Oracle. Along with his responsibility of being the company’s co-President, [...]

After spending more than a week in the spotlight and relinquishing himself of the top job at Hewlett Packard, one of the biggest companies in the corporate world, Mark Hurd, the former CEO of HP has reportedly been in talks with Oracle Corporation for an employment opportunity. Larry Ellison, the CEO of Oracle was seen as a staunch supporter of Mr. [...]

Over the next 12 months, Sun Microsystems intends to cut 3 thousand employees, according to a document issued by the company to regulatory agencies of the United States on the last Tuesday. According to the company, this was the way found to reverse the damages caused on account of delay in the company’s acquisition by Oracle, which awaits the [...]

Billionaires are obviously ambitious, smart, and very, very, very lucky. There are, however, some surprisingly common traits among them. Here are the trends that presented themselves. The most common professions among the parents of American billionaires were engineer, accountant, and small-business owner – all math-related careers. They have [...]