HONOLULU (AP) — Oracle Corp. CEO Larry Ellison bought a small Hawaii airline Tuesday, less than a year after he bought most of the Hawaiian island of Lanai.
Island Air said in a news release there will no layoffs or other staff changes after its sale to Lawrence Investments LLC, a holding company owned by the billionaire.
Terms of the deal weren't disclosed.
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Who’s in townAuthor, historian, and Pulitzer Prize recipient Robert Massie talks about his new book, “Catherine the Great.” [7 p.m., Jewish Community Center, 3200 California St., S.F.]LecturesChris Dodd: The Motion Picture Association of America CEO discusses why technology and creative communities are vital to the economic well-being of their industries, consumers and the nation. [6 p.m., Commonwealth Club, 595 Market St., S.F.]
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While Energy Team ruled the waters of Italy, this past week, capturing the Venice leg of the America’s Cup World Series on Sunday, Oracle Racing accomplished exactly what it set out to do.
The San Francisco-based defending America’s Cup champions, skippered by Jimmy Spithill, increased their overall series lead by four points over Emirates Team New Zealand with just one event left in the AC World Series. Artemis Racing is in third overall, 13 points behind Spithill and Co.
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Greed does not matter when it comes to the legal battle of two Silicon Valley icons, a federal judge told jurors who are hearing the lawsuit Oracle filed against Google.
"There has been a suggestion made that greed is at work here," U.S. District Judge William Alsup said on Friday. "That doesn't matter."
His remarks served as a caution to the seven women and five men who are expected to begin their deliberations on Oracle's copyright claims next week.
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Moving to the Bay Area from Pennsylvania last December, Darpan Saini jumped at the opportunity to play organized cricket.
In Pittsburgh, where Saini lived for three years working toward his Masters degree at Carnegie Mellon University, cricket season was limited to the summer.
As a Foster City resident — a short commute to Redwood Shores where Saini is a software engineer at Oracle — he is delighted with the climate that is reminiscent of home: Bangalore, India.
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San Mateo County is a good place to start a business for a number of reasons. It ranks second nationwide after Santa Clara County in terms of overall venture capitalist investments, and has a vibrant community for biotech, software, IT and other firms.
Yet while schools, airports and good weather are other dividends, many companies nonetheless decide to leave the county once they make it — a plight the county shares with San Francisco and Santa Clara counties.
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An attendee of the Oracle OpenWorld convention in San Francisco was knocked to the ground and robbed of his iPad and event ID card in the South of Market neighborhood Tuesday night, police said.
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Oracle CEO Larry Ellison received a Giant welcome, and a World Series ring, at Oracle OpenWorld 2011 in San Francisco. New team CEO Larry Baer welcomed Ellison to the stage for the keynote speech Sunday and presented Ellison — whose corporation owns a large number of luxury box seats at AT&T Park — with the ring. Baer thanked Ellison for his support of the team.
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Oracle’s annual convention in San Francisco will result in major street closures and transit changes starting tomorrow.The convention, which is expected to attract 45,000 people to the Moscone Center in the SoMa district, will force the closure of Howard Street, between Third and Fourth streets, from 8 p.m. on Thursday night to 3 p.m. on Oct. 7. A segment of Mason Street between O’Farrell and Ellis streets, will be closed from 2 a.m. on Oct. 1 to 10 a.m. on Oct. 7.
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Oracle CEO Larry Ellison has denied buying a house next door to his for $40 million as part of a legal fight about trees and a view of San Francisco Bay.
Reports surfaced this week that Ellison had purchased a home next door to his during a fight with neighbors about their trees.
Ellison released a statement Thursday saying that the reports were untrue.
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