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Factbox: Oracle Chairman Larry Ellison’s History of Support for Trump
Reuters via US News and World Report ^ | 09/15/2020 | HELEN COSTER

Posted on 09/15/2020 7:37:54 AM PDT by SeekAndFind

Oracle Corp said on Monday it would team up with China’s ByteDance to keep TikTok operating in the United States, beating Microsoft Corp in a deal structured as a partnership rather than an outright sale.

Getting the transaction across the finish line will rest heavily on Oracle co-founder and Chairman Larry Ellison, one of the few top technology executives to openly support President Donald Trump, who has ordered ByteDance to divest TikTok amid concerns over the safety of the personal data of U.S. consumers.

Key moments:

December 2016: Oracle Chief Executive Safra Catz joined then president-elect Trump's transition team, and remained at the company in the process.

February 2020: Ellison hosted a fundraiser for Trump at his Rancho Mirage, California, estate, according to the Desert Sun. Guests could pay $100,000 to join a golf outing and have their photo taken with the president; for $250,000, they could also participate in a round-table discussion. Oracle employees signed a Change.org petition calling for Ellison to cancel the event.

March 2020: Ellison spoke to Trump about the use of the malaria drug hydroxychloroquine to treat COVID-19, according to the New York Times, and Oracle started to prepare to help with collecting data about the drug. Ellison offered to do the work for free, according to Forbes.

According to the New York Times, citing federal records, Catz has donated more than $130,000 toward Trump’s reelection. In 2019, Oracle gave between $500,000 and $999,999 to Trade Works for America, a group created by Republican operatives to support Trump's NAFTA replacement bill.

(Excerpt) Read more at usnews.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events; Politics/Elections
KEYWORDS: larryellison; oracle; oraclecorp; orcl; stocks; tiktok; trump

1 posted on 09/15/2020 7:37:54 AM PDT by SeekAndFind
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To: SeekAndFind

No support b4 he ran.


2 posted on 09/15/2020 7:58:22 AM PDT by DIRTYSECRET (urope. Why do they put up with this.)
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To: SeekAndFind

Something weird about the Oracle situation though: there is this super-woke person that works there as senior vp of finance or similar. She was at the highest level of the Board of the AICPA (Chair i think?).
She goes to lots of high-visibility events and talks about “inclusion” and social justissy (sp?) issues.
Some of her background also includes Baltimore.
I was already aware that Ellison is very supportive of PDJT.


3 posted on 09/15/2020 8:07:27 AM PDT by Honest Nigerian
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To: SeekAndFind

Where is Reuters story on Lauren Lauren Jobs and The Atlantic?


4 posted on 09/15/2020 8:07:59 AM PDT by SmokingJoe
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To: Honest Nigerian

[I was already aware that Ellison is very supportive of PDJT.]


In words, sure. However, he’s not spending much of his $75b net worth funding the 2020 GOP election effort.

https://www.fec.gov/data/receipts/individual-contributions/?contributor_name=ellison+larry&two_year_transaction_period=2020&min_date=01%2F01%2F2019&max_date=12%2F31%2F2020&contributor_state=CA


5 posted on 09/15/2020 9:04:29 AM PDT by Zhang Fei (My dad had a Delta 88. That was a car. It was like driving your living room.)
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