Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Brody Ford and Drake Bennett report on Larry Ellison’s bet to return ...

Larry Ellison's wealth took a big hit on Thursday, with $24.9B wiped off his net worth after Oracle's (ORCL) weak guidance and massive AI spending plans pushed its stock down around 11%. Ellison is ...

Oracle stock fell 11% today, as investors fret over how much the company is spending to build out AI data centers for OpenAI and others. Oracle Chairman Larry Ellison, whose roughly 40% stake has made ...

Oracle founder Larry Ellison, 81, lost $25 billion of his net worth on Thursday. The plunge followed Oracle’s latest earnings report, which showed strong year-over-year growth but still fell short of ...

Mr. Zeitchik is the senior editor of technology and politics at The Hollywood Reporter and founding editor of the A.I.-themed newsletter Mind and Iron. David Ellison boasts a cozy relationship with ...

The Oracle co-founder has pledged billions to finance Paramount’s takeover bid for Warner Bros. Discovery — which has questions about his commitment. By Andrew Ross Sorkin Bernhard Warner Sarah ...

Three months after Larry Ellison briefly became the world’s richest person, a historic slide in Oracle Corp. shares sent his net worth plunging by $24.9 billion. Oracle shares slumped by 11% Thursday ...

Larry Ellison dropped among the ranks of the world’s richest people on Thursday, falling to No. 3 as Oracle’s stock paced its worst single-day rout in nearly a year after the cloud services firm ...

Ellison owns around 41% of Oracle’s shares, a software company he co-founded in 1977. That stake in Oracle and stakes in Tesla Inc (NASDAQ: TSLA) and Paramount Skydance (NASDAQ: PSKY) have helped ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Larry Ellison, executive chair and chief technology ...

In what could be described as a warning shot to Jensen Huang's business, Oracle co-founder Larry Ellison said: "We are now committed to a policy of chip neutrality where we work closely with all our ...