Oracle reported its fourth quarter earnings on Wednesday and, as we've come to expect from the company's flamboyant billionaire founder, Larry Ellison threw a few barbs at his major competitors. He slammed SAP's Oracle-killer database HANA on a conference call with analysts like this:
Oracle Corporation founder and chief executive Larry Ellison topped the list of best-paid executives of the decade with 1.84 billion dollars, according to a report in the Wall Street Journal.The 65-year-old software pioneer, who founded Oracle in 1977, beat Internet tycoon Barry Diller into second place on just over one billion dollars.Ellison has a 23 percent stake in the company, the Journal reported in Monday's editions.
Last week, after Oracle announced it was buying a company called Responsys for $27.00 per share in cash, investors turned around and drove up the price of Responsys to $27.40. And the stock today is still trading today above $27 (at about $27.24).
By Eli Inkrot:I have a feeling that I'm not going to win many fans this way, but I believe that I can handle any potential push back. If you've been reading through some of the current business headlines, you might have noticed Oracle (ORCL) CEO Larry Ellison is in a bit of hot water.
By Dana Blankenhorn: At the Wall Street Journal's annual tech conference this week, Oracle (ORCL) CEO Larry Ellison wowed the crowd by teasing the idea that Oracle is about to out-cloud the cloud with its cloudy, cloud-like better-than-a-cloud cloudy cloud offerings. Next week.