DatacenterDynamics

Oracle CEO moves to quell fears about debt needed for data center build-out after disappointing Q2 results

It is a far cry from the company’s last quarterly results, released in September, when news of a series of AI deals boosted its bottom line and saw its share price soar 40 percent, briefly making ...
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Oracle’s new Gen X and Millennial CEOs get stock options worth $350 million—but they’ll have to keep the stock soaring to collect

Oracle announced that longtime CEO Safra Catz will be replaced by two new internal hires: Clay Magouyrk, 39, and Mike Sicilia, 54. The outgoing CEO described the two as “a match made in heaven”—two ...

Oracle chairman pledges $40.4B in Paramount’s bid for Warner Bros. Discovery

Larry Ellison commits $40.4 billion for Paramount's acquisition bid for Warner Bros. Discovery amid existing Netflix deal.
FOX31 Denver

Oracle names Magouyrk and Sicilia as CEOs; Catz to become executive vice chair of the board

Oracle has named Clay Magouyrk and Mike Sicilia as CEOs, with current CEO Safra Catz becoming executive vice chair of the technology company’s board. The announcement comes as Oracle founder Larry ...