Showing posts with label Oracle. Show all posts
Showing posts with label Oracle. Show all posts

Saturday, August 16, 2025

Larry Ellison Wants to Do Good, Do Research and Make a Profit; The New York Times, August 12, 2025

   Theodore Schleifer and , The New York Times; Larry Ellison Wants to Do Good, Do Research and Make a Profit

"Mr. Ellison has rarely engaged with the community of Giving Pledge signers, according to two people with knowledge of the matter. He has cherished his autonomy and does not want to be influenced to support Mr. Gates’s causes, one of the people said, while also sensitive to any idea that he is backing off the pledge.

But the stakes of Mr. Ellison’s message on X are enormous. His fortune is about 10 times what it was when he signed the pledge as the software company he founded, Oracle, rides the artificial intelligence boom. Mr. Ellison controls a staggering 40-plus percent of the company’s stock...

“Oxford, Cambridge and the whole university sector are under pressure to capitalize on intellectual property because of long-running government policy belief that the U.K. has fallen behind economically,” said John Picton, an expert in nonprofit law at the University of Manchester."

Friday, December 23, 2016

Oracle executive publicly resigns after CEO joins Trump's transition team; Guardian, 12/21/16

Olivia Solon, Guardian; Oracle executive publicly resigns after CEO joins Trump's transition team:
"George Polisner, 57, who had worked at Oracle on and off since 1993, posted his resignation letter to LinkedIn, outlining concerns over Trump’s choice of cabinet, tax and environmental policies as well as the stoking of fear and hatred towards minorities...
Once he made his mind up to resign, he told his manager before sending the letter to Catz and simultaneously publishing to LinkedIn. “I decided it was too important to die as a private letter.”
Polisner said that it’s important for technology companies to have dialogue with the Trump administration, as happened at last week’s roundtable attended by execs from companies including Apple, Google, Facebook, IBM and Oracle...
However, Polisner remains concerned about how the president-elect could use technology as a tool to concentrate wealth and power and oppress vulnerable parts of society.
“In my mind the table has already been set and they are not going to listen to a tech person who says ‘this may not work out so well’ because they’ve already calculated the impact to the balance sheet.”"