Tag: Larry Ellison
Group says event spurred up to $550 million in spending. That’s either great news, or a disappointment.
Racing resumes with Oracle Team USA needing a win to keep alive its hopes of retaining the Cup.
New Zealand now leads Oracle Team USA by five races, forcing Oracle to postpone today’s second contest.
Local tech titan Larry Ellison took to “CBS This Morning” to defend changes to the America’s Cup race. Ellison’s Oracle Team USA is the Cup’s defending champion, which means Ellison was able to set the parameters in this year’s race. He decided to hold it in San Francisco Bay as opposed to the open sea, and […]
“CBS This Morning” showed an interview with Oracle CEO Larry Ellison today. Ellison, who rarely speaks to the media, discussed his legal battle with Google, telling Charlie Rose that Larry Page “took our stuff and that was wrong.” Then he talked about Steve Jobs, whom Ellison called “his best friend for 25 years.” After being […]
Patrizio Bertelli, the Italian billionaire who bankrolls the Luna Rossa Challenge America’s Cup team, is in the Bay Area to back up his call for better safety measures in the competition. Bertelli’s visit follows the death last week of Andrew “Bart” Simpson, a British crewman on Sweden’s Artemis Racing catamaran. Simpson was trapped under the […]
A.M. Splash: State Has Over 6 Million in Poverty; Poll Finds 51% in Favor of Calif. Tax Measure; Zuckerberg Fortune Falls to $9.4 Billion
More than 6 million Californians now living in poverty (SJ Mercury News) More than 330,000 Californians fell below the poverty line in 2011, bringing the ranks of California’s poor to more than 6.1 million, according to statistics being released Thursday from the U.S. Census Bureau. The statewide poverty rate hit 16.6 percent in 2011, up […]
It’s official: Oracle CEO Larry Ellison’s America’s Cup organization has chosen San Francisco as the host city for the 2013 catamaran extravaganza. Here’s the announcement (also here, in PDF form): “We sought a venue that fulfills our promise – to showcase the best sailors in the world competing on the fastest boats,” said Richard Worth, […]
Matier & Ross in the Chronicle today called San Francisco’s effort to salvage its America’s Cup bid “last-ditch,” deeming Newport, RI as the new frontrunner to win hosting rights for the 2013 sailing regatta. That’s a far cry from the days when the only issue around San Francisco’s bid was whether the city was offering […]
Early word: The San Francisco Board of Supervisors’ Budget and Finance Committee has approved a revised city offer to host the America’s Cup. The package will go before the full Board of Supervisors tomorrow. The deal approved today would shift the focus of the America’s Cup 2013 activities from around Pier 50, south of AT&T […]