David Murdock has sold 98% of his Hawaiian island to Oracle Corp. CEO Larry Ellison. The billionaire will still hold on to a few of his assets on Lanai, however. He will keep his seven-bedroom home, a woodworking shop, two carved elephant tusks and 1,000 rare orchids. His asking price for Lanai was $500 to …

Billionaire Larry Ellison is set to pour more capital into two Four Seasons resorts on the Hawaiian island of Lanai, which the Oracle owner recently purchased. Manele Bay hotel and the Lodge at Koele have both been losing money, and Ellison is expected to upgrade the properties to bring them back into profitability. Accessibility will be less …

Larry Ellison just made a deal to purchase 98 percent of the Hawaiian island of Lanai for an undisclosed amount (read: it had been listed for $500 mil). The 141-square-mile island is the sixth largest in the Hawaiian chain. Hawaii Governor Neil Abercrombie says his office is excited about Ellison’s purchase, citing his long standing interest …

The CEO of software heavyweight Oracle Corp, billionaire Larry Ellison finally made his first move on the social networking site Twitter. In less than 140 characters, Ellison announced that his company will launch a new line of cloud-based software products in June. Most of Oracle’s revenue comes from selling software for companies to install in …

Larry Ellison’s Oracle, a business hardware and software systems company, just made its second purchase in three months. The firm acquired Taleo Corp, a human-resources software company, for $1.9 billion. Oracle will benefit from Taleo, as the latter helps companies recruit employees, set their compensation and manage human resources overall. This cloud software is sold …