Oracle filing reveals Co-CEO made 6,623 times the company’s median worker
The company’s latest proxy filing also showed chief technology officer Larry Ellison pledged $56.6 billion in Oracle shares as loan collateral.
Oracle
Oracle stock slides after company issued ‘force majeure’ notice for major data center project
Oracle’s stock price plummeted over 4% on Thursday, erasing billions in value after Bloomberg first reported the company sent a “force majeure” notice to the developer of a massive data center in New Mexico, a legal move to attempt to shield itself from having to make payments should the project fail.