Larry Ellison, co-founder of Oracle Corp., temporarily dethroned Elon Musk as the richest man in the world on Wednesday. Following what Oracle’s chief executive called an “astonishing quarter” in which the tech giant signed four multi-billion-dollar contracts, Oracle’s stock surged by as much as 40 per cent and Ellison’s fortune rose by US$101 billion, before falling back slightly and dropping him to second place. But who is Ellison, what is Oracle and why is it booming? Read More
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