Free Republic

Last week Oracle co-founder and Chairman Larry Ellison held a fundraiser for President Trump’s re-election campaign at his Rancho Mirage estate near Palm Springs, Calif. At the time the fundraiser was announced, there was silence from The Resistance, which is unusual given the reality of today’s political environment – public figures who support Trump must be shamed and shunned. It turns out about 300 employees of the American multinational computer technology corporation protested Ellison’s fundraiser but they did so the day after the event which seems like an odd way of going about it. Oracle employs about 136,000 people,...

Employees at software giant Oracle are demanding that the company’s Chairman and CTO Larry Ellison cancel a fundraiser for President Donald Trump set to take place this week. Recode reports that following Oracle Chairman Larry Ellison’s decision to host a fundraiser for President Trump this week, employees at the company have demanded that Ellison cancel the event. Breitbart News reported that President Donald Trump is expected to attend a campaign fundraising event at Ellison’s Rancho Mirage estate on Wednesday, just two weeks before California’s Super Tuesday primary. Ellison will be hosting supporters on a golf outing at his home on...

The left went bonkers on Twitter when news broke that Big Tech billionaire Larry Ellison was hosting a pro-Trump fundraiser. Lefty outlet Vox Recode characterized the billionaire founder of Oracle Corporation's decision to support President Donald Trump as "unthinkable for a tech titan" and “a major coup for the Trump team." Recode continued: "Ellison is, after all, the country’s fifth-richest person, with a net worth of almost $70 billion.” Vox Recode also issued a harbinger in its Feb. 12 report: “[T]he fundraiser [to be held in Ellison’s estate] is sure to expose the flamboyant 75-year-old billionaire [Ellison] to a new...

A super PAC supporting Marco Rubio’s presidential campaign raised $2.5 million in January, including $1 million from tech billionaire Larry Ellison, according to a report filed Saturday with the Federal Election Commission. The donation from Ellison, the executive chairman of Oracle Corporation, brings his total spending on behalf of Rubio to $4 million, making him among the top donors of the 2016 cycle. Conservative Solutions PAC spent nearly $11 million last month, mostly on ads and direct mail attacking Rubio’s rival for the Republican presidential nomination Ted Cruz and his former rival Chris Christie, who has since dropped out. The...

A notorious al Qaeda magazine is encouraging lone-wolf terrorist attacks on U.S. economic leaders, including Bill Gates, Michael Bloomberg and Warren Buffett. The list in Inspire magazine also included industrialist brothers Charles and David Koch, internet entrepreneur Larry Ellison, and casino magnate Sheldon Adelson. A prominent economist was also on the list but asked that his name be withheld. Federal Reserve chairman Ben Bernanke was named, though not Janet Yellen, who succeeded him. Also pictured was Jim Walton, one of the heirs to the Wal-Mart fortune, although he was misidentified in the caption as his late father, Sam Walton. Several...

Call it failure to launch for Sen. Marco Rubio (R-FL) 80%as, despite a minor bump in the polls a month or so after his April presidential campaign launch, the 44-year-old junior senator from Florida is now officially relegated to the middle of the pack—where he’s been unable to climb out. Virtually every major pollster has shown Rubio’s chances at being a serious contender for the GOP nomination slipping away... Rubio was supposed to be the golden boy who could woo the donor class but still excite the grassroots. He’s succeeded in winning over lots of big-money backing, with billionaire donors...

The names of the tech workers in this story have been changed.Ten thousand miles from Silicon Valley, in a room near the Black Sea, Yegor Karpenchekov dreams of money. At night, while the rest of Odessa sleeps and cocaine smugglers drift in and out of the port under cover of darkness, Yegor logs onto FaceTime and talks to a 70-year-old woman in San Francisco. Her name is Sally Faubion, and five months ago she recruited Yegor from the freelancer marketplace UpWork to code her apps. She believes "divine intervention" brought them together; for Yegor, it was likely $20 per hour...

Look, up in the sky, it’s a bird, it’s a plane ... No, it’s two planes! Two taxpayer-funded planes, that is. And on those two planes last Thursday were two occupants of 1600 Pennsylvania Ave. in Washington, jetting across country to the same destination — L.A. Separate planes. Your money. Ready for the pain? You’re going to need a No. 2 pencil and scrap paper for this. Estimates are that Air Force One costs about $206,000 per hour to operate. You could go on Priceline right now and book a round-trip itinerary from Boston to LAX for between $500 and...

An American worth less than $1.55 billion could not land on this year's "The Forbes 400," the annual ranking for the richest people in America. The cut-off increase from last year's $1.3 billion disqualified 113 poor billionaires for this year's list. Bill Gates once again lorded over his fellow wealthy Americans for the 21st consecutive year with a healthy $81 billion, up $9 billion from 2013. He outpaced Warren Buffet ($67 billion), Larry Ellison ($50 billion) and the Koch brothers' Charles and David (each worth $42 billion) to round out the top five. Michael Bloomberg ($35 billion) managed to slide...

Oprah Winfrey, David Geffen and Larry Ellison will join together in a bid to buy the Los Angeles Clippers if the NBA's board of governors votes to force Donald Sterling to sell the team, Geffen told ESPN's Jeremy Schaap on Wednesday. Geffen said he and Ellison would run the team, while Winfrey would be an investor. "Oprah is not interested in running the team," Geffen told Schaap. "She thinks it would be a great thing for an important black American to own [another] franchise. "The team deserves a better group of owners who want to win. Larry would sooner die...

After preaching shared sacrifice to assuage the California water shortage, Obama has played some of the country's thirstiest golf courses. Barack Obama traveled to California Friday to highlight the state’s drought emergency at two events near Fresno, calling for shared sacrifice to help manage the state’s worst water-shortage in decades. He then spent the rest of the weekend enjoying the hospitality of some of the state’s top water hogs: desert golf courses. Vacationing with DVDs of his favorite television shows and multiple golf outings with his buddies, the duffer-in-chief played at two of the most exclusive courses in the Palm...

The White House has released the list of tech leaders meeting with President Obama this evening in San Francisco: • John Doerr, Partner, Kleiner Perkins Caufield & Byers • Carol Bartz, President and CEO, Yahoo! • John Chambers, CEO and Chairman, Cisco Systems • Dick Costolo, CEO, Twitter • Larry Ellison, Co-Founder and CEO, Oracle • Reed Hastings, CEO, NetFlix • John Hennessy, President, Stanford University • Steve Jobs, Chairman and CEO, Apple • Art Levinson, Chairman and former CEO, Genentech • Eric Schmidt, Chairman and CEO, Google • Steve Westly, Managing Partner and Founder, The Westly Group • Mark...

Oracle has responded to HP's lawsuit against new hire Mark Hurd. In short, Larry Ellison is ready to fight! Here's the statement: “Oracle has long viewed HP as an important partner,” said Oracle CEO Larry Ellison. “By filing this vindictive lawsuit against Oracle and Mark Hurd, the HP board is acting with utter disregard for that partnership, our joint customers, and their own shareholders and employees. The HP Board is making it virtually impossible for Oracle and HP to continue to cooperate and work together in the IT marketplace."

Larry Ellison, ranked 12th on the Forbes 500 list with a net worth of $25 billion, has bagged a $3 million tax break after arguing that his flamboyant Japanese-style estate in Woodside is functionally obsolete. The chief executive officer of software giant Oracle Corp. will be paid from San Mateo County property taxes collected this year, which otherwise would have gone to schools, the county general fund and cities, among other things, Deputy Controller Kanchan Charan said. The hit to schools alone will be nearly $1.4 million. Ellison's Octopus Holdings LP acquired the 23-acre site in May 1995 for $12...

Former Clinton political hitman James Carville, who recently touted New York Sen. Hillary Clinton for a 2008 presidential run, is reportedly behind an advertising campaign attacking President Bush for his 1990 sale of Harken Energy stock as well as his ties to the oil industry in general. American Family Voices, a group described by the New York Times as "secretive," has paid to run a 30-second commercial on cable news programs in Washington, D.C., and in New York through Thursday. The ad blasts President Bush as "sly like a fox" for talking down his dealings with Harken Energy, which Democrats...

Harvard is still waiting for software billionaire Larry Ellison to make good on a $115 million pledge, a year after he announced what would have been the largest single contribution in the university's history. Harvard said on Wednesday it hasn't received a cent from the flamboyant founder and chief executive of software giant Oracle Corp. and that school officials have spent months trying to reach him to discuss the matter -- without success. "Larry Ellison never paid us. The donation was never finalized," said Harvard spokeswoman Sarah Friedell. The university has laid off three people it had hired to help...

... At the bottom of a document that detailed Ellison's 2000 debt load, Simon had scrawled a rough accounting of Ellison's lavish spending, according to deposition testimony: "1) Life Style -- annual $20m 2) Interest Accrual -- annual $75m 3) Villa in Japan -- $25m 4) New Yacht -- $194m -- over 3 yrs 5) America's Cup -- $80m -- over 3 yrs 6) UAD -- 12m over 3 yrs." It's not clear what UAD refers to. Since this rough budget, Ellison has reportedly spent $200 million building a Japanese-style estate in Woodside, which includes a reproduction of a 17th-century...

Andrew Damico wants to be Larry Ellison's hit man -- uh, mergers and acquisitions hit man, to be exact. After all, the highly competitive software industry is a kind of warfare. And Ellison, chief executive of software giant Oracle, has just completed his own conquest, taking over software rival PeopleSoft.Damico placed a billboard pitch on Highway 101 just south of Woodside Road in Redwood City that reads, ``Larry . . . Get Bill.'' It refers Ellison to a Web site, http://ellison.

Oracle Corp. could slash as many as 4,800 jobs today as part of its $10.3 billion takeover of PeopleSoft Inc., analysts said. Based on preliminary calculations -- and a bit of guesswork -- Wall Street analysts predict that Oracle will have to cut 2,000 to 4,800 positions to make the deal financially worthwhile, yet at the same time fulfill the commitments it has made to the Pleasanton software maker's customers. Most are expected to come from PeopleSoft's 11,225-employee base, but a substantial number of Oracle employees could also face the ax, sources in the software industry said. Though it may...

<p>Larry Ellison is chairman and chief executive officer of Oracle Corp., a business softwaremaker in Redwood City. The company reported net income of $2.3 billion on revenue of $9.47 billion for the fiscal year ended May 31.</p> <p>Oracle, with a current market capitalization of about $72 billion, employs 40,000 people, including 18,000 in the United States and 22,000 in other countries. Ellison, who co-founded Oracle in 1977, controls about 25 percent of the company's common shares and exercisable options, and has a net worth of at least $18 billion. He was ranked as the ninth-richest American in 2002 by Forbes magazine.</p>