Premium Enterprise 2021-07-15T20:50:22Z

Oracle insiders say a key cloud VP is out after about a year. Here are the details on the big changes at Oracle's important cloud security business.

Oracle Cloud Infrastructure has reorganized its security unit, according to company insiders and an internal email viewed by Insider.
Premium Politics 2021-06-21T08:00:00Z

Rep. Tom Malinowski continues to aggressively trade stocks despite a congressional ethics investigation

Members of Congress love buying and selling stocks. Insider's weekly congressional financial report details how lawmakers invest and make money.
Markets 2021-06-16T15:16:33Z

Oracle slips after revealing muted guidance and weak cloud sales growth

Oracle's fourth-quarter earnings report revealed the company earned $1.54 in adjusted earnings per share on $11.23 billion in revenue.
Politics 2021-06-09T23:39:02Z

The wealthiest Americans avoided billions in taxes by voluntarily doing something most only do out of necessity: borrowing money.

Income taxes: 37%. Capital gains: 20%. ProPublica found billionaires avoid those by borrowing from banks at interest rates of less than 10%.
Premium Tech 2021-06-08T19:59:21Z

Amazon wants to test workers for Covid-19 using tech from a Chinese company that even Andy Jassy says may threaten national security

Amazon is using testing tech from BGI, a controversial Chinese firm. Amazon CEO Andy Jassy is on a blue-ribbon commission that blasted BGI recently.
Premium Enterprise 2021-06-04T17:05:23Z

Leaked documents show just how much Oracle's cloud unit is modeling itself after Amazon by telling employees 'don't be a jerk' and 'put customers first'

An internal document called "OCI Values" shows how Oracle would like the cloud business to run, and how it expects employees to treat one another.
Enterprise 2021-06-03T17:42:50Z

Oracle insiders say there's a 'culture of fear' in a key cloud unit, and executives are leaving

Oracle insiders say there's a "culture of fear" at its flagship cloud unit. The unit lost at least a dozen VPs since 2020 and is facing lawsuits.
Premium Enterprise 2021-04-30T21:16:48Z

Oracle appears to have reassigned a cloud executive sued by former VPs

Lawsuits allege the senior vice president fostered a toxic culture and that the company fired VPs who called for Oracle to investigate.
Premium Real Estate 2021-04-29T08:30:00Z

Nashville is basically broke, but that didn't stop it from luring Oracle with lavish incentives. Other small cities are also paying top dollar to compete for Big Tech.

Raleigh just shelled out $846 million to get an Apple campus. The fight among second-tier spots for major firms' new offices has hit a pandemic peak.
Premium Enterprise 2021-04-28T19:41:28Z

A top Oracle exec wrote an official blog entry asking for 'any information' about a reporter who wrote a story critical of the database giant's links to China

In unusual move, an Oracle exec published a post on an official blog not just disputing a story but also asking for information about the journalist.
Tech 2021-04-14T14:41:36Z

Oracle billionaire Larry Ellison is tearing down his new $80 million Palm Beach mansion and says he has no plans to leave Hawaii

The Oracle billionaire sent an email to employees explaining his future plans after he bought a 15,000-square-foot home in South Florida.
Premium Small Business 2021-04-12T16:09:49Z

The 25 best cities to start a business — or move your current one — in 2021

Despite recent migration patterns, Insider's analysis suggested popular cities like San Francisco may be just as lucrative for entrepreneurs as Reno.
Real Estate 2021-04-12T02:54:31Z

Inside Larry Ellison's new $80 million Palm Beach mansion, which sits in a high-security gated community and has 520 feet of ocean frontage

The billionaire Oracle cofounder said in December that he had moved to Lanai, the Hawaiian island he owns.
Tech 2021-04-10T13:46:00Z

It's smackdown season in techland

In this week's edition of Insider Tech we take a look at some of the big rivalries shaping the tech landscape.
Real Estate 2021-04-09T08:31:04Z

Oracle billionaire Larry Ellison just dropped $80 million on a Palm Beach mansion, 4 months after he said he'd moved to Hawaii

The Oracle cofounder and executive chairman told his employees in December that he'd moved to Lanai, the Hawaiian island he owns.
Premium Enterprise 2021-04-06T22:30:44Z

The Supreme Court just changed the future of software development

Experts on why Google's victory in a 10-year legal fight against Oracle protects the software industry from copyright trolls or an innovation "tax."
Premium Tech 2021-04-06T11:16:36Z

High-profile techies are relieved Google triumphed over Oracle in a decadelong Supreme Court battle: 'Sanity has prevailed'

"It's astonishing that this case even got started, much less that it ground on for more than a decade," James Gosling of Amazon Web Services said.
Markets 2021-04-05T19:42:51Z

Google extends its 5-day streak to 10% after US Supreme Court hands the tech giant victory in $9 billion battle with Oracle

Google's use of Oracle's Java code has been ruled "fair use" by the US Supreme Court, ending a decade-long legal battle between the two tech giants.
Tech 2021-04-05T15:07:13Z

Elon Musk issues 'urgent' plea for more housing in Austin, Texas, as Tesla and SpaceX look to fill hundreds of jobs

Housing prices near the Texas capital hit an all-time high in 2021 as new residents continue to drive up the red-hot housing market.
Enterprise 2021-04-05T14:19:30Z

The Supreme Court just ruled in favor of Google in its legal battle with Oracle, ending a 10-year fight over the future of software

The court ruled that Google's use of Oracle-developed Java code "did not violate the copyright law" and was done under fair-use provisions.
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