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Larry Ellison

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TikTok permanently suspends account for Alex Gibney's Musk documentary

TikTok has banned the social media account promoting Alex Gibney's upcoming Musk documentary just before its wider release, according to The Hollywood Reporter. Distributor Bleecker Street was told Friday that a permanent suspension was coming, and TikTok has not responded to requests for comment. The move follows TikTok's earlier refusal, alongside X, to run paid ads for the film, even after YouTube and Meta reversed similar rejections.

Larry Ellison Spent $10M Buying Homes Near His Florida Compound for Staff

An LLC linked to Oracle co-founder Larry Ellison purchased nine homes in Palm Meadows Estates, a gated community in Boynton Beach, Florida, for nearly $10 million in 2023, according to The Wall Street Journal. The properties, located about 30 minutes from Ellison's $173 million Manalapan estate, house staff including tutors for his young children with wife Jolin. The deal was kept confidential, with even the local real estate agent unaware of the buyer's identity until Ellison toured the homes with bodyguards.

Larry Ellison scraps planned $7.5 billion Oracle stock sale

Oracle announced Saturday that executive chairman Larry Ellison has called off a plan to sell 50 million of his shares, worth roughly $7.5 billion, that had been disclosed in an earlier regulatory filing. The company said no shares were sold under the plan and that Ellison has no other plans to sell Oracle stock, without explaining the reversal.

Larry Ellison cancels planned $7.5 billion sale of Oracle shares

Larry Ellison has scrapped a 10b5-1 trading plan that would have allowed him to sell up to 50 million Oracle shares, worth about $7.5 billion at current prices. The plan, adopted June 22 and set to expire Oct. 24, had been disclosed in a regulatory filing just a day before its cancellation, and no shares were ever sold under it. Oracle says Ellison has no other plans to divest any of his stock.

Larry Ellison Cancels Plan to Sell Up to $7.5B in Oracle Shares

Oracle co-founder Larry Ellison called off a prearranged plan to sell as many as 50 million shares of Oracle stock, a transaction that could have been worth up to $7.5 billion. Ellison confirmed that no shares were actually sold under the arrangement before it was withdrawn.

Larry Ellison sets up plan to sell up to $7.5 billion in Oracle stock

Oracle co-founder Larry Ellison adopted a trading plan on June 22 permitting him to sell as many as 50 million shares, worth roughly $7.5 billion at current prices, through October 24. Even after a full sale, Ellison would retain about 1.1 billion shares and remain Oracle's largest shareholder with over 40% ownership.