Larry Ellison stories

Sep 11, 2026

Larry Ellison cancels plan to sell $7.5 billion in Oracle stock

Oracle founder Larry Ellison scrapped plans to sell up to 50 million shares worth $7.5 billion, one day after the company disclosed the divestment plan.

Sep 11, 20263 sources

Sep 2, 2026

House VA committee to subpoena Oracle executives over $27 billion EHR contract cost overruns

The House Veterans Affairs Committee plans to subpoena Oracle Chairman Larry Ellison and CEO Mike Sicilia to testify about the VA's electronic health record contract, which has nearly tripled to $27 billion after a $16.9 billion increase. Congress is seeking answers about the project's escalating costs and lengthy timeline.

Sep 2, 20262 sources