Trump signed an executive order approving a TikTok deal that hands control to close allies Larry Ellison (Oracle), Rupert and Lachlan Murdoch (Fox Corp), and Michael Dell, with Oracle managing the algorithm and security infrastructure. The investor group—including Oracle, Silver Lake, Andreessen …
Donald TrumpLarry EllisonOracleRupert MurdochLachlan Murdoch+3 morecorruptionconflicts-of-interestcronyismtech-regulationsurveillance+1 more
Oracle Chairman Larry Ellison purchased the Eau Palm Beach Resort & Spa in Manalapan, Florida, for $277 million in August 2024, bringing his total real estate investment in the exclusive 400-resident island town to $450 million. Located approximately 20 minutes from Donald Trump’s …
Larry EllisonOracleDonald TrumpManalapanreal-estateoracletrump-connectionspolitical-influenceflorida
Elon Musk completed a $44 billion acquisition of Twitter Inc. with significant funding from Saudi Arabia’s Prince Alwaleed bin Talal’s Kingdom Holding Company and Qatar’s sovereign wealth fund, raising critical questions about foreign influence over global communication …
Oracle Chairman Larry Ellison donated $30 million to Opportunity Matters Fund, a super PAC supporting Senator Tim Scott (R-SC), over the course of 2021 and 2022. This massive contribution followed an initial $5 million donation in October 2020, bringing Ellison’s total support for Scott to $35 …
Larry EllisonTim ScottOracleOpportunity Matters Fundpolitical-donationsoraclecorruptiondark-moneyrepublican-party
Oracle Corporation announced on September 14, 2020, that ByteDance had selected Oracle as TikTok’s “trusted technology provider” in the United States, positioning Oracle to provide cloud infrastructure services and security oversight for TikTok’s U.S. operations. The …
Oracle Chairman Larry Ellison hosted President Donald Trump at his Rancho Mirage, California estate on February 19, 2020, for a high-dollar campaign fundraiser that raised approximately $7 million for Trump’s reelection campaign. Attendees paid $100,000 for a golf outing and photo opportunity …
Larry EllisonDonald TrumpOracleRepublican Partypolitical-donationscorruptionconflicts-of-interestcronyismoracle
Oracle Corporation acquired BlueKai, one of the world’s largest data brokerage and web tracking companies, on February 24, 2014, for approximately $400 million, significantly expanding Oracle’s commercial surveillance capabilities. The acquisition gave Oracle control of one of the …
Oracle Corporation filed a lawsuit against Google on August 13, 2010, in the U.S. District Court for the Northern District of California, alleging copyright and patent infringement over Google’s use of Java application programming interfaces (APIs) and approximately 11,000 lines of Java source …
Oracle Corporation completed its acquisition of Sun Microsystems on January 27, 2010, for approximately $7.4 billion ($9.50 per share in cash), gaining control of critical software infrastructure including the Java programming language, MySQL open-source database, and Sun’s hardware systems …
Oracle Corporation completed its acquisition of PeopleSoft on December 13, 2004, for approximately $10.3 billion ($26.50 per share), concluding an 18-month hostile takeover battle after defeating the Department of Justice’s antitrust challenge. The final purchase price represented more than …
The U.S. Department of Justice filed an antitrust lawsuit on February 26, 2004, seeking to block Oracle Corporation’s proposed hostile acquisition of PeopleSoft, alleging that the merger would substantially reduce competition in the enterprise software market and result in higher prices, less …
Department of JusticeOraclePeopleSoftLarry Ellisonantitrustoraclecorporate-consolidationdojcompetition
Oracle Corporation launched an unsolicited hostile takeover bid for PeopleSoft on June 6, 2003, with an initial cash tender offer of $16.00 per share, valuing the enterprise software competitor at approximately $5.1 billion. The timing proved particularly aggressive, as Oracle announced the bid only …
Oracle Corporation hired David W. Carney as Vice President of Information Assurance on September 4, 2001, just one week before the September 11 terrorist attacks, marking a significant deepening of Oracle’s relationship with the U.S. intelligence community. Carney retired after 32 years at the …
OracleDavid W. CarneyCIALarry Ellisonoracleciarevolving-doorintelligence-agenciesnational-security
Computer programmers Larry Ellison and Robert Miner founded the company that would become Oracle Corporation in 1977 after persuading the CIA to let them pick up a lapsed $50,000 contract to build a special database program. The company takes its name from “Project Oracle,” a CIA …
Larry EllisonRobert MinerCIAOraclesurveillanceintelligence-agenciescorporate-originsciaoracle