ShortFormBloglarry ellison Archives

Finally. Most of the people we write about were in a single room last night, having alcohol together. Obama. Mark Zuckerberg. The Twitter guy. Steve Jobs. And if you’re stretching it, that @$$hole Larry Ellison. If a nuclear bomb hit this restaurant last night, we would have nothing to write about and would probably have to shut down the blog. We’re glad it wasn’t. source

Posted by Ernie Smith • 0 Comments • Permalink

Oracle’s Larry Ellison really dislikes HP, apparently. First, he swiped their former chief executive, who was not only good at his job, but was removed for fairly questionable reasons. (HP didn’t like that, by the way.) Now, Ellison’s company has their sights set on their new CEO, Leo Apotheker, the weirdly hired former SAP CEO. See, a subsidiary of SAP, TomorrowNow, reportedly engaged in software theft from Oracle. Oracle thinks SAP owes them billions of dollars; SAP claims it’s closer to tens of millions. Either way, Oracle has hired a private investigator to find Apotheker after HP would not accept Oracle’s subpoena for Apotheker to testify in court about the case (and Apotheker skipped an earlier trial). In other news, Silicon Valley business is pretty cutthroat. (Above: Artist’s depiction of what we think the private investigator looks like.) source

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The HP Board is making it virtually impossible for Oracle and HP to continue to cooperate and work together in the IT marketplace.
Oracle CEO Larry Ellison • Responding to the lawsuit the company filed against Mark Hurd, the dude he’s trying to hire as his new president. Ellison notes that before now, the relationship between the two companies has been positive. In other news, the lawsuit and new job could affect Hurd’s $35 million severance plan. source

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downfall Mark Hurd had a relationship with an underling and that led to his firing from HP. The circumstances raised eyebrows.
rise Hurd showed up at Oracle this week as their new co-president, just in time to screw Google over with that Java lawsuit. source

» He’s got a powerful backer, too: Last month, Larry Ellison, Oracle’s CEO, referred to Hurd’s ouster as “the worst personnel decision since the idiots on the Apple board fired Steve Jobs many years ago.” So, to prove it, he hired Hurd.

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$702.4 million the amount Blackstone Group LP’s Stephen Schwarzman, made last year, largely from the vesting of equity grants source

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18 Feb 2011 12:27