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Search resuls for: "Larry Ellison's"


8 mentions found


☆ Welcome to the Masters, a staple of the billionaire's social calendar
  + stars: | 2024-04-11 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +7 min
In today's big story, we're doing a deep dive into the golf tournament at one of the most exclusive clubs in the world . Mike Ehrmann/Getty ImagesHarvard University alumni, Goldman Sachs partners, Birkin bag owners — those exclusive groups are nothing compared to an Augusta National Golf Course membership. The Masters Tournament, the first of four men's major golf tournaments, kicks off today , write Business Insider's Madeline Berg and Taylor Rains. Since it's almost impossible to check out Augusta National otherwise, the Masters has become a staple of the billionaire's social calendar. Augusta National runs a lottery system for them.
Persons: —, Mike Ehrmann, Goldman Sachs, Birkin, Madeline Berg, Taylor, it's, Cork Gaines, aren't, Joe Ciolli, didn't, Chelsea Jia Feng, Bill Smead, Brad Porter, Elon Musk's, Y, Paul Graham, Alyssa Powell, Larry Ellison, David Ellison, Larry Ellison's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Business, Service, Getty Images Harvard University, Augusta, Waste, bros, Augusta National, Renaissance Technologies, Sigma, Robotics, Amazon Robotics, xAI, Paramount, Oracle, Google, JPMorgan, SpaceX Locations: Augusta, swag, Chelsea, D.E, Shaw's Valence, New York, London
☆ Larry Ellison and Elon Musk teaming up to bring AI to farming
  + stars: | 2024-03-13 | by ( Jyoti Mann | ) www.businessinsider.com   time to read: +2 min
Larry Ellison announced the venture with Elon Musk on Oracle's earnings call on Monday. The tool will help farms plan, predict, and increase their agricultural output, Ellison said. AdvertisementElon Musk's SpaceX is teaming up with Larry Ellison's Oracle to help farms plan and predict their agricultural output using an AI tool. Larry Ellison said on Oracle's earnings call on Monday that it's collaborating with Musk and SpaceX to create the AI-powered mapping application for governments. "We're doing that again in concert with Elon Musk and SpaceX to do this kind of mapping," Ellison said, according to a transcript provided by Seeking Alpha.
Persons: Larry Ellison, Elon Musk, Ellison, —, Elon, Larry Ellison's Oracle, Musk, Tesla, SpaceX, John Deere, John Deere's, Jahmy Hindman, Oracle didn't Organizations: SpaceX, Oracle, Elon, Service, Alpha, Tesla, Business
☆ Wealthy movers to South Florida have pushed the real-estate market to new highs. See 6 homes for sale only the rich can afford.
  + stars: | 2023-10-28 | by ( Jordan Pandy | ) www.businessinsider.com   time to read: +2 min
An influx of wealth is reshaping the real-estate market in South Florida. The average home price in Palm Beach hit $20 million, making it the country's most expensive market. Six South Florida homes seeking over $40 million offer perks from a rooftop pool to a tennis court. At the same time, the number of listings has fallen off in Palm Beach and Miami Beach, nudging along competition for what homes come to market. Take a look at six of the most expensive homes for sale in South Florida eyed by these monied movers, with prices topping $40 million.
Persons: —, Larry Ellison's, Ken Griffin's, Jeff Bezos's, Ruthie Assouline, Douglas Elliman, there's, Corcoran Organizations: Palm, Service, Sunshine State, Oracle, Citadel, Miami, Wall, CNBC, Miami Beach Locations: South Florida, Palm Beach, Florida, Valley, New York City, Miami, Beach, Miami Beach, nudging
☆ Slingsby Steers Flying Roo Into Lead as Aussies Seek First SailGP Win of Season 4
  + stars: | 2023-10-14 | by ( Associated Press | Oct. | At P.M. | ) www.usnews.com   time to read: +3 min
Slingsby steered the Flying Roo foiling catamaran to finishes of 5-2-1 to take a one-point lead over Nicolai Sehested’s ROCKWOOL Denmark, with Spain's Diego Botin six points back in third. Britain's Sir Ben Ainslie had a rough start in his pursuit of a third straight regatta victory, going 8-10-6 to settle into ninth in the 10-boat fleet. Political Cartoons View All 1211 ImagesThe Aussies came into the regatta with a six-point lead over Ainslie and Botin in the season standings despite not having won yet this season. "Although we have been consistent and sailed well, we haven’t managed to get a win this season. She was the first woman to win a SailGP regatta when the Aussies were victorious in Cádiz in 2021.
Persons: Tom Slingsby, Cádiz, Slingsby, Nicolai Sehested’s ROCKWOOL, Spain's Diego Botin, Botin, Sir Ben Ainslie, Peter Burling, Jimmy Spithill's, Taylor Canfield, Hans Henken, it’s, Ainslie, Larry Ellison's, “ It’s, ” Slingsby, haven’t, I’ve, Nina Curtis, “, ”, Curtis, Dylan, Burling, Bernie Wilson Organizations: Team Australia, Team New Zealand, USA, America's, Program, Aussie, Kiwis, Saint, Twitter Locations: Spain, Nicolai Sehested’s ROCKWOOL Denmark, Los Angeles, Botin, San Francisco, Cádiz, Australia, Taranto, Italy
☆ Oracle lays off hundreds, rescinds job offers, and cuts open positions in its $28 billion Cerner health unit after troubles with a massive government contract
  + stars: | 2023-06-15 | by ( Ashley Stewart | Blake Dodge | ) www.businessinsider.com   time to read: +2 min
Oracle laid off hundreds of employees in its health unit on Thursday, insiders said. Oracle Health includes health IT giant Cerner, which it acquired last year for about $28 billion. Cerner is Larry Ellison's primary focus as he bets on it to prove Oracle's cloud to the world. Oracle on Thursday laid off hundreds of employees, rescinded job offers, and cut back open positions within its health unit, three people familiar with the matter told Insider. Oracle Health includes health IT giant Cerner, which it acquired last year for about $28 billion.
Persons: Oracle, Larry Ellison's, Cerner's, Cerner, Larry Ellison, Ashley Stewart, Blake Dodge Organizations: Oracle Health, Oracle, US Department of Veterans Affairs
☆ Oracle hits record after 50% surge in 2023, defying tech struggles
  + stars: | 2023-06-14 | by ( Jordan Novet | ) www.cnbc.com   time to read: +7 min
Larry Ellison, Oracle's chairman and technology chief, speaks at the Oracle OpenWorld conference in San Francisco on September 16, 2019. For years, the database software developer lagged behind tech rivals in building cloud technology that met the demands of the modern-day enterprise. The shares are up over 50% in 2023, which would mark the best year for shareholders since the dot-com boom of 1999. Oracle got its latest boost this week after reporting stronger-than-expected earnings and revenue, prompting nods of approval from analysts. On Oracle's earnings call this week, CEO Safra Catz took a minute to express gratitude to the company's customers and employees.
Persons: Larry Ellison, Justin Sullivan, Larry Ellison's, Goldman Sachs, Ellison, Bill Gates, Let's, it's, Eric Lynch, Scharf, Salesforce, Kash Rangan, Oracle, Lynch, Safra Catz, Catz, Jefferies, Brent Thill Organizations: Oracle, Getty, Nvidia, Bloomberg, Microsoft, Scharf Investments, Google, Goldman, Amazon Web Services, Monday, Exxon Mobil, Pfizer Locations: San Francisco, TikTok, Cohere, IaaS, NetSuite, Los Gatos , California, Silicon Valley, A.I
☆ Inside a $218 million private island in Palm Beach — Florida's most expensive home for sale
  + stars: | 2023-03-25 | by ( Robert Frank Ritika Shah | Robert Frank | Ritika Shah | ) www.cnbc.com   time to read: +4 min
Tarpon Isle, a private island in Palm Beach, Florida, is on sale for $218 million. Tarpon Isle, a private island in Palm Beach, Florida, is on sale for $218 million. A waterfront bathroom inside the main home on Tarpon Isle, a private island in Palm Beach, Florida, on sale for $218 million. A dock servicing Tarpon Isle, a private island in Palm Beach, Florida, on sale for $218 million. A living space inside the main home on Tarpon Isle, a private island in Palm Beach, Florida, on sale for $218 million.
☆ Oracle reorganized its AI and data initiatives amid a leadership shakeup, leaked internal memo shows
  + stars: | 2023-02-08 | by ( Ashley Stewart | ) www.businessinsider.com   time to read: +2 min
Oracle moved its AI and data unit under its cloud business amid a leadership shakeup. Oracle is moving its data and artificial intelligence unit under its cloud business and making its health initiatives a major focus, an internal email shows. The reorganization means Oracle is "consolidating all of the new data and AI initiatives back into OCI," according to an internal email. Don Johnson, the former Oracle Cloud Infrastructure boss once named by Ellison as a potential contender for co-CEO, recently left his latest role leading Oracle Health and Artificial Intelligence, Insider previously reported. After about six months, he returned to run engineering for Oracle Health after the company bought Cerner in 2022.
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