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Oracle soars on AI cloud gains, Ellison closes in on Musk

Oracle shares surged about 43% to a record high last night, putting the company on track to join the elite trillion-dollar club and propelling co-founder Larry Ellison closer to the top of the world's richest list.
Business • 11 Sep

Musk expected to be temporary Twitter CEO

Elon Musk is expected to become Twitter's temporary CEO after closing his $44 billion takeover of the social-media firm, CNBC reported today, as the billionaire inches closer to securing funds for the deal.
Business • 05 May 22

Tesla names two directors as part of Musk US settlement

Tesla named two more independent directors today and said it completed the requirements of a US settlement of fraud charges involving chief executive Elon Musk.
Business • 28 Dec 18

Larry Ellison steps down as Oracle CEO

Larry Ellison, co-founder and leader of Oracle for 37 years, stepped aside as chief executive officer last night.
Business • 19 Sep 14

Oracle profit outlook behind estimates

Oracle has issued a weaker than projected outlook for the remainder of the year.
Business • 19 Sep 13

Oracle Q2 earnings beat expectations

Oracle's latest quarterly earnings rose 18% as companies splurged on more software and other technology toward the end of the year.
Business • 19 Dec 12

Oracle chief buys Hawaiian island

Oracle boss Larry Ellison has bought a Hawaiian island from another billionaire businessman, the governor of the US Pacific Ocean state said.
Business • 21 Jun 12

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