Oracle have laid off 30k employees today. They did it to personal email accounts at 6am 🫡 saying they needed the money to spend on GenAI instead. https://thenextweb.com/news/oracle-layoffs-march-2026

Oracle’s share price since they went GenAI nuts:

@GossiTheDog can't wait for that company to die
The Most Powerful Tech Oligarch in America May Be Losing His Grip

With Trump’s help, he built a media empire. Now comes the hard part.

Slate
Elon Musk got $1 billion from Larry Ellison for his Twitter takeover

Elon Musk told the SEC he has lined up over $7 billion in funding to support his Twitter purchase. Key names include Larry Ellison, Prince Alwaleed bin Talal, Andreessen Horowitz, Binance, and the state investment firm of Qatar.

The Verge

3/

Larry Ellison & outsourcing American jobs to despots

https://www.intelligentcio.com/me/2023/12/15/oracle-will-train-50000-saudi-nationals-in-artificial-intelligence-and-other-latest-digital-technologies/

https://www.reuters.com/business/aerospace-defense/us-saudi-deals-expected-defense-nuclear-energy-ai-senior-us-administration-2025-11-18/

https://today.lorientlejour.com/article/1487826/shehadi-defends-deal-with-oracle-to-train-50000-lebanese-in-ai.html

https://www.oracle.com/middleeast/news/announcement/oracle-collaborates-with-saudi-arabia-ministry-communications-it-national-elearning-center-2025-04-16/

Larry Ellison & public corruption
https://www.bloomberg.com/news/articles/2020-06-15/netanyahu-turns-to-rich-friend-to-fund-corruption-trial-fees

https://www.latimes.com/world-nation/story/2019-12-02/adelsons-oracle-founder-potential-witness-netanyahu-trial

https://www.nbcnews.com/politics/justice-department/trump-administration-sued-us-tiktok-deal-rcna261684

https://www.mediamatters.org/cnn/trump-escalates-his-corrupt-campaign-gift-cnn-ellisons

https://europeanconservative.com/articles/news-corner/tony-blair-larry-ellison-lobbying-corruption-national-id-cards-uk/

Larry Ellison & Gaza
https://www.timesofisrael.com/netanyahu-on-vacation-at-island-owned-by-larry-ellison-a-witness-in-graft-trial/

https://gen.medium.com/this-week-in-trumpland-corruption-oracle-predicts-a-payday-44cdc3aabdc8

Larry Ellison & Wall Street frauds

https://en.wikipedia.org/wiki/Theranos

https://www.rgrdlaw.com/news-item-Illicit-Manipulation-Trial-Challenging-Oracles-9-Billion-Acquisition-of-NetSuite-Begins-in-Delaware.html

https://www.theregister.com/2011/08/31/oracle_africa/

Oracle will train 50,000 Saudi nationals in Artificial Intelligence and other latest digital technologies – Intelligent CIO Middle East