Oracle CEO Larry Ellison Steps Down 142
mrspoonsi writes Oracle founder Larry Ellison is stepping down as CEO. He will be replaced by two executives. Former Oracle presidents Safra Catz and Mark Hurd will be co-CEOs. Ellison will be the Executive Chairman of Oracle's Board, and the company's CTO. Oracle's shares are off by 3% on the news. "Larry has made it very clear that he wants to keep working full time and focus his energy on product engineering, technology development and strategy," said the Oracle Board's Presiding Director, Dr. Michael Boskin.
DING DONG! (Score:5, Funny)
The Wicked Witch is dead!
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He's gone where the goblins go,
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Below
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Below
Below...
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Be Low.
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Burma Shave?
Re:DING DONG! (Score:5, Funny)
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Tsk - it's called Myanmar Shave now.
Aye. And I'll raise a Mumbai Sapphire martini to that!
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actually not gone (Score:2)
he's just going to sit on top-level strategy and stuff as CEO. as long he doesn't get his damn plane landed during sleepytime any more, that's a good thing. the evil will continue.
Re: actually not gone (Score:2)
Re:DING DONG! (Score:4, Insightful)
The Wicked Witch is dead!
Apparently not, just replaced with two of her minions. She's still going to be there doing "product development" or some such. My guess is the two minions will take the fall for Ellison's mistakes.
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They'll need to find a new name for the company now. ORACLE = One Rich Asshole Called Larry Ellison
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They'll need to find a new name for the company now. ORACLE = One Rich Asshole Called Larry Ellison
I wish I'd heard that one before, when I could have used it!
But? I'm enjoying the hell out of it now.
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Glad I could help ;-)
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No, not at all. If you know who Mark Hurd and Safra Catz are, you will be wishing for kind, nice old Larry back.
I was in a meeting with Safra a while back. I was a fly on the wall. Then a discussion came up about engineering details. Not too relevant to business besides timelines.
She interrupted the line of thinking and said the "Little people will take care of this."
She is amazing to hear speak, she has her business acumen, some technical chops, and she has her stuff together. She is one lean, mean chains
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Herding Cats - Hurd and Catz. LULZ.
more evil things to do elsewhere? (Score:5, Funny)
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He's got enough money he could be idle the rest of his life, but...
maybe he'd want to run for a Senate seat or governorship. He already owns a whole island in Hawaii.
Re:more evil things to do elsewhere? (Score:4, Funny)
>
maybe he'd want to run for a Senate seat or governorship. He already owns a whole island in Hawaii.
Yeah, but it's only the size of a large patio.
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http://www.forbes.com/sites/cl... [forbes.com]
"...He’ll now own 98% of the lush 141 square mile resort island..."
Or perhaps you mean the Senate seats?
Re:more evil things to do elsewhere? (Score:5, Informative)
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Thank you. I didn't get it. All I thought was "isn't the island a lot bigger than a patio? what am I missing?"
I was missing a joke! Whoosh. I know it sucks to explain jokes to rubes but this rube appreciates it.
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If nothing else, the guy has good taste in real estate.
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Re:more evil things to do elsewhere? (Score:5, Funny)
I made this half-Java, half-Database monster to please you
But I get the feeling that you don't like it
What's with all the screaming?
You like Databases, you like the JVM
Maybe you don't like monsters so much
Maybe I used too many Databases
Isn't it enough to know that I ruined Java making a gift for you?
http://www.youtube.com/watch?v... [youtube.com]
Mod parent up (Score:2)
Just after my points expire... *MAD* props to you, irq-1!
One of the most overpaid execs in history (Score:2, Insightful)
It's about time he stopped siphoning off shareholder value via executive compensation.
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Re:One of the most overpaid execs in history (Score:5, Insightful)
Oracle workers look GOOD?
The fuck up everything: http://koin.com/2014/09/17/ora... [koin.com]
Re:One of the most overpaid execs in history (Score:4, Informative)
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Screw them both.
What about their customers?
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Screw them both.
What about their customers?
That's what MySQL is for...
Oracle bought Sun who owned MySQL. (Score:2)
So no.
MariaDB is the fork of MySQL that's out of his hands.
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Screw the shareholders. What about the rest of Oracle's workers? You know, the people who make Larry Ellison look good by busting their asses? Why not give them a raise?
Oh don't worry about the employees, they'll be fine. With Mark Hurd at the helm, they'll be...*laughing*...*doubling over laughing*
Oh, I'm sorry...I couldn't QUITE make it through the rest of that sentence without laughing my BALLS off!
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Screw the shareholders. What about the rest of Oracle's workers? You know, the people who make Larry Ellison look good by busting their asses? Why not give them a raise?
You must be new here.
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FTFA: Larry Ellison will remain CTO and Chairman of the Board of Oracle. He will still get paid more money in a year than I will likely make in my life.
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Since he personally owns over $45B of Oracle stock (and billions in other assets), a 0.01% increase in Oracle's stock price results in his net worth increasing by (in current dollars) about what a "typical" software engineer will make during their entire career.
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On the other hand, if the stock goes DOWN 0.01%, he will lose the equivalent of bankrupting a bunch of software engineers. And still be one of the richest sons of bitches in the history of the world. Hell, the stock could go down 99% and he would still be very rich.
Re:One of the most overpaid execs in history (Score:5, Informative)
He is 1/4 of the shareholders.
He makes all his money from shares
His salary is $1.00
He does get 7 million shares a year though. Pittance compared to the 1.1 billion he already owns.
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He also owns the land that Oracle buildings sit on. They pay him rent of approximately a gazillion dollars a year. That $1 thing is propaganda. Trust me, he gets his. Trust me, he also gets some of everyone else's.
Good news for Oracle engineers (Score:1)
Those really neat hacks that Larry checked into source control in 1981? You can delete those now.
Good riddance (Score:5, Funny)
Now, if only we could get rid of the rest of the company.
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Eh, it'll take a few more Ages for this.
This is just Melkor, who is Morgoth, Black Foe of the Industry being cast out.
We've got to wait for a Sauron to appear, then fall, then appear again. Possibly some H1Bs will be involved in taking a ring to an island in Hawaii.
Re:Good riddance (Score:5, Informative)
Just to represent another side to the argument, and because I like getting modded down for expressing my opinion - I don't think Oracle deserves ALL the flak it gets. Just to make it clear - I work for them as an engineer, so I may come with a certain bias, but I also have more actual insight than most on /.
Firstly, I don't think anybody can deny that Oracle RDBMS is top notch; I have worked with many other databases - MS SQL Server, Informix, DB2, MySQL, and I still prefer Oracle. The documentation is better than what you get from the competition. DB2 is the only one that comes close. Plus, you can legally download even Oracle Enterprise Edition for free and use it for development and testing. I think it is excellent.
Secondly, Oracle was amongst the first of the big companies to come out in support of Linux with version 8 of their database. I think that was before IBM came out with an official port of Linux to their mainframe. To me that counts for a lot in terms of street cred.
Thirdly, in my experience Oracle is a very decent company to work for. They are not hugely generous, but they have some good benefits and I feel valued as an employee. I don't whether Larry Ellison is good or bad; I don't expect to find out for myself, but so far I have no complaints.
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No, wait! I want them to buy the startup I work for first! I'm not greedy, a few tens of millions is enough for me.
Wow (Score:2)
Anyway - looking forward to see the bright *snicker* future.
Jerk (Score:5, Informative)
What's the difference between God and Larry Ellison? God doesn't think he's Larry Ellison
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So Larry Ellison thinks he's Larry Ellison? What a nutbag.
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Y'know, I could say Larry Ellison can go fuck himself.
But then again, I wouldn't be surprised if he married himself.
Herding cats (Score:2)
Stable as a three-legged... (Score:3)
>> Former Oracle presidents Safra Catz and Mark Hurd will be co-CEOs. Ellison will be the Executive Chairman of Oracle's Board, and the company's CTO
I can see why the stock dove. Ellison appears unsure that either Safra or Mark has the stuff to run the company by appointing them both to do part of the former job of one man.
In a best case scenario (where this triumvirate works for a while) I wonder which one's Brutus and which one's Cassius, because I'm pretty sure I know who Caesar is here.
Co-CEOs.. (Score:4, Insightful)
Because that worked out SO well for Blackberry.
Time to update that Oracle joke ... (Score:5, Funny)
/Oblg.
O/ne
Rich
Asshole
Called
Larry
Ellison
And now, Mark Hurd can continue spying (Score:2)
Just on Oracle employees and board members instead of HP.
Attention Oracle Employees - (Score:2, Interesting)
For those not familiar with the Hurd game plan, let me tell you how it goes.
1. He will say all the right things in front of employees. Part of the team, all in it together, shared sacrifice.
2. He will make the numbers look good for Wall Street.
3. Your cubicles / office space will shrink.
4. Employees will be asked to work from home
5. Real estate will be targeted as a way to reduce expenses.
6. The stock will look good for a while, then implode.
7. When he's finally run out, the next person in charge will re
So there's a GNU Hurd in charge at Oracle? (Score:1)
So there's a GNU Hurd in charge at Oracle?
What Is He Thinking? (Score:5, Funny)
Just out: Oracle misses Street 1Q forecasts (Score:2)
Related?
http://finance.yahoo.com/news/oracle-misses-street-1q-forecasts-205042793.html
Leisure lawsuit Larry (Score:3)
Is gonna miss boat.
The Hurd is the Word (Score:2)
I commented because I could not mod in good faith. (Score:5, Insightful)
I just couldn't stomach the idea of up-voting all of the ding-dong the witch is dead comments, no matter how much I wanted to blow all my mod point here. Instead I'll just add to the crush of Ellison hate, especially considering the whole notion of copyrighting APIs that the smug dickface motherfucker is trying to pander to make a few quick ones from Google.
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Wow. The end of an era. (Score:4, Insightful)
That's almost as big as when Bill Gates stepped down from Microsoft -- it's the end of an era.
It'll be interesting to see what direction Oracle heads without him at the helm.
Larry steps down (Score:3, Funny)
I'm surprised he didn't break a pool cue in half and walk out of the room saying "there's only one opening boys, make it quick."
Maybe just wishful thinking but... (Score:2)
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Zero and Null are not completely different. If I look at the balance of money I have in a bank I do not use it is both Null and Zero. Where I've come into issue with this is when looking at exit status if you transform Null to Zero it becomes success rather than what would often be expected as failure.
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Good luck performing a rolling average calculation using zeroes instead of NULLs.
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The problem is what to infer out of a NULL, In some instances it should be Zero, like in my account balance example. In other instances it should be non-zero like in exit status. In other instances it should be non-existant/excluded from a list such as your example of a sting of numbers similar to monitoring something like cpu load.
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I think that it is very context dependent. Think of it this way:
You have an instrument monitoring something, it is remote. You poll it every hour. In the first 10 hours you get some values. One of those values is zero (0) and that is a valid value for that particular measurement. In second 10 hours you notice you have some null's. Should I interpret those as zero or should I interpret those as no data acquired ?
I do know that Oracle will not count null values when doing any kind of averaging.
Let the hate fly! (Score:5, Interesting)
But here is the problem...
You cannot deny that he built a huge empire on something as banal as a database. Arguably the best RDBMS pretty much ever and where is the competition?
I use Oracle extensively. I am a DBA and of all the alternatives out there ( and I have tried most of them ) the only thing that comes even close is DB2 with postGres running a close third and depending on your POV, catching up fairly quickly. Perhaps postGres will eclipse Oracle one day, but not unless they get some serious money behind the project and that probably won't happen because no one wants to pump the millions of dollars it would take into a project that cannot even fix the TXID problem, and make no mistake about it, it is a problem. Also if someone dumps that kind of money into a project they expect some kind of ROI. There might be a few white knights that have that kind of money but they are few and far between and most can find more worthy causes to spend that kind of money on. Don't get me wrong, postGres is a fine DB but it has some faults that make it not so attractive.
Larry understands how to stitch technology together around a DB better than most anyone else I have seen. Arguably Microsoft gets it, but they are stuck running in the windows universe which despite a lot of progress is still broken. You cannot run MS-SQL Server across hundreds of Intel machines and expect it to hold together, but they ave built and end to end ecosystem and MS-SQL Server is tightly integrated, but you can't drop it on a Z-Series mainframe under either IBM's native OS or Linux. PostGres has the same problem but they are moving to fix that, but I am not sure they really understand the problem. Of the other DB's out there ( Mongo, Hadoop, et all. ) that you can do that with, they don't support things like ACID which, like it or not, is pretty much a requirement in way to many situations.
The facts speak for themselves. If Oracle really sucked as a Database it would not be in the vast number spaces that it occupies. You can cap on Larry Ellison all you want, question his lineage, say he is an ego maniacal asshole, but you have to give the man his due. He built a company that does have the answer to almost all the spaces where a DB matters and he built a business that relentlessly pursues those spaces to the betterment of their stock holders and 98% of the people and organizations that use their products.
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Oracle is the big hairy ape database who has prevailed.
That success doesn't mean it isn't a big shit-hurling ape.
It's way too late to second guess what we would have if the big hairy ape hadn't prevailed and didn't dominate. But there probably wouldn't be the overwhelming stench of apeshit we've all been forced to be accustomed to.
It probably pays well, being that close to the ape shit.
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Hey, so I am going let the invective roll right on by...
Is Oracle a huge turd throwing ape? That is not an unfair analogy and in some ways I agree with you.
I have been in the database business for a very long time and I have watched them come and go. Some self destructing and others just fading into obscurity but the one thing that I have observed over the years is that the database is pretty much at the heart of anything non trivial. There are only TWO RDBMS's that have stood the test of time and that i
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and there is no Santa Clause
[SIGH OF RELIEF] For a minute there, I thought you were going to say there is no Santa Claus. But I can live without his grammar Nazi cousin Santa Clause.
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I'm not too familiar with PostgreSQL. Out of curiosity, can you elaborate what you mean by the TXID problem? You can share a link that elaborates on the problem if that's easier for you.
Re:Let the hate fly! (Score:5, Interesting)
Happy to share, and I have posted a link as well.
So every SQL database, Oracle included, has to have some way of keeping transaction order, which is to say which transaction got there 1st, 2nd, 3rd etc. This is part of ACID and it cannot be ignored. Oracle and others solved the problem by using a synthetic number. Oracle's "number" type is not a recognized IEEE standard like an INT or a FLOAT, DOUBLE etc. It i stored using a proprietary scheme in the DB that Oracle guarantees to be correct when it is accessed and it is completely portable. The last estimate I saw ( I rarely look ) was that pushing Oracle to its absolute limits was that it would take ~ 141 years to wrap around. Personally I am not going to be alive then and I doubt Oracle will be either.
In postGres they use a 32 bit unsigned int to keep tract of this. Now 2^32 is 4,294,967,296 transactions, which is a very large number indeed, but when you get into extremely hi volume transaction environments this can get used up pretty fast, like in a few days fast! Since the number is unsigned and postGres is written in C ( although I don't think it matters ) when you hit INT MAX it wraps back to 1!!! and that is a disaster. In older versions it just kept going and corrupting your data and there was really no way out of it, you were just hosed. In the latest version, the database will only go so far and it will force itself down before it wraps around AND will refuse to come up until the vacuum process is complete. On VERY large tables this can take days!
Now the guys who write PG are no dummies. They recognized this and came up with a process called VACUUM, it does many things and it will reset the TXID and keep you safe. In most every application this is fine. In Extreme transaction environments where you build up billions of rows very quickly you have to set the VACUUM process to it's most aggressive level to keep up with inbound transactions and it just kills performance and your TX rate falls into the basement.
This link explains it better than I can. PostGres Wrap Around Problem [rummandba.com]
SCN advance (Score:2)
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I do not know either. Backwards compatibility perhaps? I do know that if you have written code and have used bit mapping ( INT AND 0xA23F4D ) and things like that you will more then likely run into to trouble ( in theory it should not matter since the number of bits is not shrinking ) when your INT goes from 32 bits to 64 bits and the same thing goes if you using any ROT commands so who knows.
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> the only thing that comes even close is DB2 with postGres running a close third and depending on your POV, catching up fairly quickly.
But PostgreSQL is enough for 90% of the installations and it doesn't cost an arm and a leg.
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I can't disagree with that statement, but for the other 10% there really is no substitute for Oracle. Like I said in my original post PG may eclipse Oracle and that will be OK. In the mean time use what works for the situation as there are many choices, many that are good, many that are not so good and we as software professionals get paid to advise the right course for the write set of tasks. One thing we are all guilty of though is retreating to our comfort zones and like it or not we weight all of thos
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Properly tuned DB/2 UDB outperforms Oracle so badly it's not even funny. Sorry, dude, but popularity != quality.
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I am quite sure that this is true in a lot of spaces and I am quite sure the opposite is true in a lot of spaces.
That brings up another point though. Tuning a database... This is seeming to be a lost art. Over time I have witnessed what I think is an alarming trend of otherwise mostly competent developers wanting the database to just be a magic box. So much code has been written to hide the database, to turn it into objects that match oop models. Pick any of them, springDB, Hibernate et all. No one wa
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I like derby. Why don't you like derby?
kidding!
Re:Let the hate fly! (Score:4, Insightful)
Don't worry, COBOL didn't die quickly...
I don't usually feed the trolls so I am so very sorry to put a damper on your rant, but it is far from dead.
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You lost me by not even knowing how to type 'postGres'. Let me learn you something genius Oracle boy. PostgreSQL. Some people just say 'postgres'. There is no such thing as 'postGres'.
Er, he did know how to type "postGres", as evidenced by his post which contains the word "postGres".
And if your standards are so high that you can't cope with someone typing "G" instead of "g" you must find using the internet a fucking nightmare.
O.R.A.C.L.E (Score:2)
One
Rich
Arsehole
Called
Larry
Ellison
The prophecy is now complete (Score:2)
Two Sith apprentices? (Score:2)
What about the rule of two? Larry is going to have two apprentices? What if they team up and kill him?
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I think Oracle is announcing earning today.
If earning suck, and Oracle tanks, Oracle will be able to say that it was only because their beloved CEO resigned.
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...and then they beg him to come back for vastly more money.
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Anybody know what's the background on this?
Mr Ellison is the head of a software company called Oracle.
If your computer is a car, then software is the fuel that runs it.
Hope this helps.
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If your computer is a car, then Oracle software is the crank in the front that you use to start it up.
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Why do you think he cares about people like employees or customers or even products ?
He likes to quote Genghis Khan who said, “It’s not sufficient I succeed. Everyone else must fail.”
He has also been called a lawn mower:
https://www.youtube.com/watch?... [youtube.com]
His most popular and _authorised_ biography is entitled: The difference between God and Larry Ellison: God doesn’t think he’s Larry Ellison.
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He's got another America's Cup to ruin.
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Java is the worst thing that has happened in all human history
It's OK, you don't have to sit on the fence. Just tell us how you feel.
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So, yes, their company sucks. Yes, all their products suck. Yes, the world would probably be a bit better of a place without Java in it, but I think you're being just a *tad* bit hyperbolic, or are you literally saying, given the choice between a world were 11 million people didn't die in the Holocaust, or one with no Java, you'd choose the latter?