Posts filtered by tags: Larry Ellison[x]


 

Jeff Bezos is heading to space, but he's not the only mogul obsessed with extreme experiences. Here are the wildest ways the world's elite spend their free time.

Saul Loeb/AFP via Getty Images A passion for extreme experiences seems to be common among the world's billionaires. Jeff Bezos is going to space, Larry Ellison races yachts, and Richard Branson kitesurfs. Jack Dorsey once did a 10-day silent meditation and only eats seven meals per week. See more stories on Insider's business page. In just a few short weeks, Jeff Bezos will take the riskiest flight of his life, one that takes him 62 miles above Earth, right to the edge of space. ...
Tags: Google, Amazon, Facebook, Mark Zuckerberg, Microsoft, New York City, America, Trends, Nasa, Earth, Features, Atlantic, Virgin Galactic, Larry Ellison, Paul Allen, Sergey Brin


Hawaii travel restrictions still up in the air, Delta variant spreads, special session mulled to consider vetoes, more news from all the Hawaiian Islands

Waikiki sunset with airplane © 2021 All Hawaii NewsIge: Hawaii Unlikely To Ease Travel Restrictions Ahead Of July 4 As Vaccinations Slow. Lt. Gov. Josh Green had publicly urged the governor to end the pre-travel testing requirement on July 1. Civil Beat.$144 million in new federal funding from the American Rescue Plan is coming to the state for various airports. U.S. Senator Brian Schatz (D-Hawai‘i) said the new funding, signed into law in March, will help support airports that have expe...
Tags: Travel, Russia, India, City, Hawaii, Larry Ellison, Road, Nissan, Faa, Chinatown, Lanai, Big Island, Hawaii Island, Waikiki, Maui, Josh Green


10 things in tech: Amazon turnover, Airbnb payouts, Intel salaries

Ina Fassbender/AFP via Getty Images Good morning and welcome to 10 Things in Tech. If this was forwarded to you, sign up here.Let's get started.1. Amazon burns through workers so quickly that execs worry they'll run out of people to employ. The company has been on a massive hiring spree, but those employees are quitting almost as fast as they can be hired, according to The New York Times. More on Amazon's 150% turnover rate.2. Pink Floyd's Roger Waters said he won't ...
Tags: Amazon, Facebook, Spacex, US, Newsletter, Trends, Tech, Tesla, Spain, Intel, Pink Floyd, Hawaii, Tennessee, New York Times, Larry Ellison, Airbnb


Inside Larry Ellison's futuristic indoor farming company, whose massive, Tesla solar-powered Hawaii greenhouses are the first step toward an ambitious goal of feeding the world

An employee at Sensei's farm in Lanai, Hawaii. Sensei Ag Oracle billionaire Larry Ellison created an indoor farming company called Sensei Ag in 2018. The goal of Sensei Ag is to feed the world by making produce more nutrient-rich and accessible. Sensei Ag's Tesla solar-powered greenhouses grow produce that's distributed throughout Hawaii. See more stories on Insider's business page. Picture this: You're driving along the highway on the island of Lanai, Hawaii's sma...
Tags: Apple, Amazon, Steve Jobs, US, Trends, Tesla, Walmart, Features, David, Hawaii, Farmers, Larry Ellison, Pacific, Ellison, Oracle, Usc


The wealthiest Americans avoided billions in taxes by voluntarily doing something most only do out of necessity: borrowing money.

Britta Pedersen-Pool/Getty Images; Arif Hudaverdi Yaman/Getty Images; KENZO TRIBOUILLARD/Getty Images; Mike Cohen/Getty Images; Yuqing Liu/Business Insider America's 25 wealthiest people got $401 billion richer from 2014 to 2018, according to Forbes. ProPublica reported the income taxes they paid amounted to just 3.4% of that new net worth. One way the ultra-rich avoid taxes: borrowing money at low-interest rates, according to ProPublica. See more stories on Insider's business pag...
Tags: Spacex, Elon Musk, Politics, Taxes, Finance, US, America, Trends, Investing, Tesla, Bank Of America, Economy, Larry Ellison, Tax Avoidance, Warren Buffett, Jeff Bezos


President Biden is throwing out Trump-era bans on TikTok and WeChat after the former administration fought hard to prohibit the apps over national security concerns

TikTok users in the US have been reacting to the news of a potential ban of the popular app for months. Photo Illustration by Andrea Ronchini/NurPhoto via Getty Images President Biden signed an executive order rescinding a ban on TikTok and WeChat. Trump signed a series of executive actions last year targeting the apps, whose parent companies are in China. Biden directed the commerce secretary to investigate apps with ties to foreign adversaries. See more stories on Insider's business ...
Tags: Hong Kong, Politics, News, Microsoft, White House, China, US, Trends, Joe Biden, Getty Images, Commerce, New York Times, Larry Ellison, WeChat, Associated Press, Party


Biden is throwing out Trump-era bans on TikTok and WeChat after the former administration fought hard to prohibit the apps over national-security concerns

TikTok users in the US have been reacting to the news of a potential ban of the popular app for months. Photo Illustration by Andrea Ronchini/NurPhoto via Getty Images President Biden signed an executive order rescinding a ban on TikTok and WeChat. Trump signed executive actions last year targeting the apps, whose parent companies are in China. Biden directed the commerce secretary to investigate apps with ties to foreign adversaries. See more stories on Insider's business page. Presid...
Tags: Hong Kong, Politics, News, Microsoft, White House, China, US, Trends, Joe Biden, Getty Images, Commerce, New York Times, Larry Ellison, WeChat, Associated Press, Oklahoma


Oracle insiders say there's a 'culture of fear' in a key cloud unit, and executives are leaving

Oracle Executive Vice President Clay Magouyrk. Oracle Current and former Oracle employees say there's a "culture of fear" at its flagship cloud unit. Cloud boss Clay Magouyrk at times aims for results by "beating down" workers emotionally, they say. OCI, the cloud unit, has lost at least a dozen VPs since the start of 2020 and is facing lawsuits. See more stories on Insider's business page. Clay Magouyrk, a former Amazon software engineer who joined Oracle as an individual contribu...
Tags: Amazon, Enterprise, Cloud Computing, Trends, Larry Ellison, Jesus, Christ, Oracle, Enterprise Software, Nordic, OCI, Tech Insider, Safra Catz, Ashley Stewart, Oracle Cloud Infrastructure, Clay Magouyrk


Current and former Oracle employees say there's a 'culture of fear' at its flagship cloud unit

Hello!Welcome to this weekly roundup of stories from Insider's Business co-Editor in Chief Matt Turner. Subscribe here to get this newsletter in your inbox every Sunday.What we're going over today:Oracle insiders say there's a "culture of fear" at its flagship cloud unit. The inside story of the man accused of murdering and decapitating his boss in NYC.Bank of America has lost dozens of salespeople from its mortgage unit."Reallocation friction" may explain why a full economic recover...
Tags: Apple, Google, Amazon, Business, Microsoft, Satya Nadella, New York City, US, Newsletter, Trends, Tech, Bank Of America, Intel, Marine, Larry Ellison, Ryanair


Hawaii outdoor mask mandate lifted, economic outlook rises, University of Hawaii mulls fully open campuses, more news from all the Hawaiian Islands

  Photo by engin akyurt on Unsplash Gov. Ige Eliminates Mask Mandate for Outdoors, Allows Ocean Sports Competitions. Gov. David Ige announced Tuesday people will no longer have to wear masks outdoors, effective immediately, as COVID-19 cases decrease and more people get vaccinated. The governor said he would maintain a requirement that people wear masks indoors. The same rules will apply regardless of whether someone is vaccinated. Associated Press. Star-Advertiser. Tribune-Herald. Big...
Tags: Travel, Navy, Hawaii, Larry Ellison, Chinatown, Hawaii Island, Kauai, Maui, Derek, Honolulu, West Hawaii, Oahu, Hawaiian Islands, Hawaii News Now, University of Hawaii, Garden Island


Palm Beach County has around 44 billionaires. The super-rich are flocking there for business opportunities, convenient transport links, and a chance to live in 'paradise.'

West Palm Beach is attractive for both workers and their families. Flavio Vallenari/Getty Images Palm Beach County's grew twice as fast as the US average over the past decade. This has accelerated during the pandemic as remote workers sought a sunnier climate during lockdown. Three locals explained why both people and businesses are flocking to the county. See more stories on Insider's business page. Florida has been one of the few states to see real economic progress during the pa...
Tags: Work From Home, Florida, New York, Maryland, California, India, New York City, US, Los Angeles, San Francisco, Trends, Remote Work, Economy, Migration, Hawaii, Connecticut


From a yacht so big it has its own support boat to floating helipads and basketball courts, here are the luxury boats owned by some of the wealthiest people in tech

Katherine Taylor/Reuters Many billionaires like Jeff Bezos and Richard Branson enjoy spending their time on massive luxurious yachts. The boats are decked out with amenities that many Americans can only dream of. Here are some of the billionaires in tech who own private yachts. See more stories on Insider's business page. Billionaires are often known for their luxurious lifestyles and high profile gadgets.Some billionaires, like Elon Musk and Bill Gates, buy private planes to take con...
Tags: Apple, Google, Amazon, Mark Zuckerberg, Toys, Elon Musk, News, Microsoft, Entertainment, Steve Jobs, Life, Careers, Trends, Strategy, Cnn, Features


Elizabeth Holmes ‘Bad Blood’ Movie Starring Jennifer Lawrence and Directed By Adam McKay Still In Development

In 2016, it was announced that Adam McKay would direct Bad Blood, a movie about con artist and Theranos founder Elizabeth Holmes, with Jennifer Lawrence set to play Holmes. Since then, though, we haven’t heard much more, and McKay and Lawrence went off to do another movie – Don’t Look Up. Meanwhile, there’s currently a Hulu limited series about Holmes in the works – The Dropout, which will star Amanda Seyfried. So what of Bad Blood? According to McKay, the film is still in development. In 20...
Tags: Jennifer Lawrence, Movies, Steve Jobs, Stanford, Los Angeles, Netflix, Larry Ellison, Adaptation, Hulu, True Story, Theranos, Elizabeth Holmes, Adam-McKay, Legendary Pictures, Don, Holmes


A Wave of Tech Workers Tranformed Tahoe Into a High-Priced 'Zoom-Town'

In 2018 Oracle's Larry Ellison bought the historic Cal Neva Lodge on the scenic north shore of California's Lake Tahoe for $36 million. Then in 2019 Mark Zuckerberg bought a $59 million compound on Lake Tahoe's west shore. But now a wave of techies are moving in, reports Outside magazine, "freed by COVID from cubicles and work commutes. They migrated, laptops in tow, to mountain towns all over the West, transforming them into modern-day boomtowns: 'Zoom-towns.'" "It's the wildest time," says ...
Tags: Apple, Google, Facebook, Mark Zuckerberg, California, Tech, West, Larry Ellison, Nevada, Lake Tahoe, Tahoe, Bay Area, Truckee, South Lake, Incline Village, Aspen Colorado


The 6 richest Americans are worth more than the GDP of 13 US states combined, including Delaware, Maine, and Hawaii

Tesla CEO Elon Musk and Amazon CEO Jeff Bezos. John Locher/AP and Odd Andersen/AFP via Getty Images According to Forbes, six Americans are worth more than $100 billion, making them centibillionaires. Their combined fortune of $815 billion is just over the collective GDP of the US' 13 poorest states. Amazon CEO Jeff Bezos is worth nearly $200 billion, beating the 2020 GDP of Utah. See more stories on Insider's business page. America's richest keep getting richer.The six richest ...
Tags: Amazon, Utah, New York, Mississippi, Congress, US, America, Trends, Wyoming, Alaska, Hawaii, Larry Ellison, Argentina, Jeff Bezos, Biden, Andrew Cuomo


10 things in tech you need to know today

Andrew Harnik/AP Good morning and welcome to 10 Things in Tech. If this was forwarded to you, sign up here.Let's get started.1. Facebook could face a fine in the billions for its leak of 533 million people's data. The social-media company is under investigation in the EU for its massive data leak, and is being threatened with a fine of up to 4% of its $86 billion global revenue. ICYMI: Here's how to check if your information was breached. 2. Oracle billionaire Larry Ellison ...
Tags: Amazon, Facebook, Instagram, Newsletter, Trends, Tech, Tesla, Eu, Nasa, Hawaii, Ford, Larry Ellison, Mars, Toshiba, Palm Beach, Newsletters


Inside Annapurna CEO Megan Ellison’s Long-Awaited Return to Work (EXCLUSIVE)

On April 7, Annapurna CEO Megan Ellison made headlines as the only notable show business figure to openly criticize Scott Rudin on social media after the latest expose of the super-producer’s alleged workplace abuse and toxicity was published last week. While some activists and film enthusiasts applauded Ellison for speaking out, others found it hypocritical […]
Tags: News, Annapurna, Larry Ellison, Scott Rudin, Ellison, Spike Jonze, Megan Ellison, Annapurna Pictures


Oracle billionaire Larry Ellison is tearing down his new $80 million Palm Beach mansion and says he has no plans to leave Hawaii

Oracle cofounder Larry Ellison. Justin Sullivan/Getty Images Oracle billionaire Larry Ellison plans to tear down his $80 million Palm Beach mansion. He told employees that he became a resident of Hawaii last year and has no plans to move back. Ellison owns 98% of the island of Lanai, Hawaii's smallest inhabited island. See more stories on Insider's business page. Larry Ellison is staying in Hawaii full time - and knocking down the $80 million Palm Beach mansion he just bought. The ...
Tags: Japan, Florida, California, Trends, United States, Hawaii, Larry Ellison, Ellison, Oracle, Lanai, South Florida, Palm Beach County, Austin Texas, Palm Beach, Lana, Lanai Hawaii


10 things in tech you need to know today

Facebook CEO Mark Zuckerberg in Washington DC on Oct. 23, 2019. Andrew Harnik/AP Good morning and welcome to 10 Things in Tech. If this was forwarded to you, sign up here.Let's get started.1. Researchers warned for years about the possibility of phone numbers being scraped en masse from Facebook. Insider spoke to security researchers and reviewed academic literature that showed a Facebook that was repeatedly cautioned as early as 2012 about the risks of data-scraping via its various pho...
Tags: Apple, Amazon, Facebook, Mark Zuckerberg, Elon Musk, White House, US, Newsletter, Trends, Tech, General Motors, Tesla, Austin, Hawaii, Ford, Washington Dc


Oracle founder Larry Ellison lands on another lily pad, this time an $80m Florida mansion

To complement his $300m Bond villain base in Hawaii After Oracle announced plans to relocate its headquarters from California to Texas, CTO and founder Larry Ellison said he would not be coming along.…
Tags: Florida, California, Software, Hawaii, Larry Ellison, Texas CTO


Oracle founder Larry Ellison lands on another lily pad, this time an $80m Florida mansion he intends to tear down

To complement his $300m Bond villain base in Hawaii After Oracle announced plans to relocate its headquarters from California to Texas, CTO and founder Larry Ellison said he would not be coming along as he's happy in Hawaii.…
Tags: Florida, California, Software, Hawaii, Larry Ellison, Texas CTO


Inside Larry Ellison's new $80 million Palm Beach mansion, which sits in a high-security gated community and has 520 feet of ocean frontage

Tech billionaire Larry Ellison has paid $80 million for a 15,000-square-foot beachfront mansion in Palm Beach, Florida. Douglas Elliman Oracle cofounder Larry Ellison just bought an $80 million oceanfront mansion in Palm Beach, Florida. The 15,000-square-foot home has seven bedrooms, 11 bathrooms, a home theater, and a swimming pool. The estate sits on more than seven acres and has 520 feet of prime ocean frontage. See more stories on Insider's business page. Tech billionaire Larry...
Tags: Florida, Real Estate, California, San Francisco, Trends, Tech, Features, Hawaii, Billionaires, Larry Ellison, Mansion, Lake Tahoe, Wall Street Journal, Ellison, Oracle, Malibu


Oracle billionaire Larry Ellison just dropped $80 million on a Palm Beach mansion, 4 months after he said he'd moved to Hawaii

A Google Maps satellite view of Ellison's new mansion. Google Maps Larry Ellison just paid $80 million for an oceanfront mansion in Palm Beach, Florida, per the WSJ. The Tuscan-style home spans more than 15,000 square feet and has 520 feet of ocean frontage. The Oracle cofounder told his employees in December that he'd moved to Lanai, the Hawaiian island he owns. See more stories on Insider's business page. Palm Beach has gained yet another billionaire resident. Oracle cofound...
Tags: Google, Japan, Florida, Real Estate, California, San Francisco, Trends, Hawaii, Billionaires, Larry Ellison, Lake Tahoe, Google Maps, Ellison, Oracle, Malibu, Lanai


The life and career of Larry Ellison, the billionaire Oracle cofounder who went from college drop-out to jet-setting playboy and tech titan

Larry Ellison. Ezra Shaw/Getty Images Oracle founder Larry Ellison hasn't had a typical path to success. Ellison dropped out of college twice and didn't become a billionaire until age 49. He built Oracle into a $180 billion behemoth while becoming something of an international playboy. Visit Business Insider's homepage for more stories. Larry Ellison, the 76-year-old billionaire cofounder of Oracle, is one of the most interesting men in tech.Whether it's yacht-racing, buyi...
Tags: Apple, Elon Musk, Texas, Enterprise, California, Steve Jobs, Washington, White House, US, America, Trends, Tech, Tesla, Bloomberg, Features, Getty Images


A wealth tax could sabotage California’s recovery

Feeling overtaxed and frustrated with the cost of doing business in California, some of the state’s wealthiest residents abruptly moved out of state in recent months. Elon Musk, the world’s richest person, went to Texas, which has no income tax. Billionaire Larry Ellison, the CEO of software giant Oracle, moved to Hawaii and relocated his company headquarters to Texas. While there may not be much sympathy for executives who are choosing to leave our beautiful state, the exodus of these jet-sette...
Tags: Texas, California, Opinion, Sport, Soccer, Hawaii, Larry Ellison, Stockton, Anaheim, Legislature, Concord, Laguna Beach, San Bernardino County, Fullerton, Baldwin Park, Tom Daly


Enterprise La La Land

I wrote last week we would likely hear more detail around application modules and customers and subsidiaries to explain Larry Ellison's claim during his earnings call about Oracle snatching customers from SAP. Bob Evans has interviews with executives from each... [Author: vinnie]
Tags: Microsoft, Trends, Larry Ellison, Oracle, Bob Evans, Sap, Vinnie, Enterprise Software (IBM


10 things in tech you need to know today

Aimee Dilger/SOPA Images/LightRocket via Getty Images Good morning and welcome to 10 Things in Tech. If this was forwarded to you, sign up here.Let's get started.1. The recent GameStop fiasco is slated to become a movie. Reddit's Wall Street Bets founder, the man behind the rally in GameStop shares, signed with a Hollywood talent agency that reps Jessica Alba and Kevin Hart. Take a look at Hollywood's plan to immortalize the saga.2. Telemarketers were fined $225 million for ...
Tags: Apple, Google, Facebook, Mark Zuckerberg, Hollywood, US, Newsletter, Trends, Tech, Tom Hanks, Larry Ellison, Portland, Reddit, Silicon Valley, Kevin Hart, Houston


Silicon Valley's most expensive property, a 74-acre compound with 7 homes, just listed for $135 million. Take a look at the sprawling estate.

There's plenty of patio space for al fresco dining and entertaining. Christie’s International Real Estate A 74-acre estate in Woodside, California, has hit the market for $135 million. It's the most expensive property listed in the Silicon Valley area, per multiple reports. The massive estate has seven houses, three swimming pools, tennis courts, and orchards and gardens. See more stories on Insider's business page. Green Gables, a sprawling 74-acre estate in Woodside, Cali...
Tags: Real Estate, New York, California, Softbank, San Francisco, Trends, Bloomberg, Features, Larry Ellison, Silicon Valley, Charles, Christie, Luxury Real Estate, Masayoshi Son, Florence Italy, Green Gables


Oracle Earnings Call - a missed opportunity

Larry Ellison is one enterprise software exec I have not spent much time with. Oh, I have seen plenty of Oracle OpenWorld and other keynotes. I mean in a small group setting. He has always let Ray Lane or Charles... [Author: vinnie]
Tags: Microsoft, Trends, Larry Ellison, Charles, Oracle, Sap, Vinnie, Oracle OpenWorld, Enterprise Software (IBM, Ray Lane


Mark Zuckerberg, Jeff Bezos, Elon Musk, and other billionaires reportedly made more than $360 billion during the pandemic

Amazon CEO Jeff Bezos. Shannon Stapleton/Reuters The wealth of US moguls exceeded $360 billion during the pandemic, per The Washington Post. Oracle and Dell's leaders are among the other tech billionaires to have profited last year. Their wealth has attracted scrutiny amid systemic inequality in the US. See more stories on Insider's business page. The pandemic has been a crisis for many, but not for America's wealthiest billionaires. The wealth of nine of the country's ...
Tags: Google, Amazon, Facebook, Mark Zuckerberg, Elon Musk, Washington Post, US, America, Trends, Tech, Tesla, Larry Page, Larry Ellison, Michael Dell, Tim Cook, Sergey Brin