Latest Larry Ellison News

SailGP partners with T-Mobile for fast data transmission

May. 23, 2022 19:42 PM EDT

NEW YORK (AP) — The SailGP global league and T-Mobile have announced a partnership to use 5G technology to enhance broadcast coverage of racing at regattas sailed in American ports. SailGP, which was founded by tech tycoon Larry Ellison, first used T-Mobile’s 5G technology at the...

Slingsby, Aussies ride 'Flying Roo' to SailGP opening win

May. 15, 2022 17:06 PM EDT

Tom Slingsby and his two-time defending SailGP champion Team Australia expertly sailed their “Flying Roo” foiling catamaran to a commanding victory Sunday in the podium race of the opening regatta of Season 3 on Bermuda’s Great Sound. The Aussie crew, packed with America’s...

Slingsby's Aussies aim for SailGP 3-peat, another $1M check

May. 13, 2022 19:35 PM EDT

The Champagne showers from Team Australia’s Season 2 championship have barely dried and SailGP is already starting another dash for $1 million in cash. The third season of tech tycoon Larry Ellison’s global league begins this weekend on the turquoise waters of Bermuda’s Great...

A timeline of billionaire Elon Musk's bid to control Twitter

May. 13, 2022 12:59 PM EDT

Elon Musk announced on Friday that his plan to buy Twitter in a proposed $44 billion deal is “ temporarily on hold ” as he tries to pinpoint the exact number of spam and fake accounts it has. Here's a look at some of what's transpired between the billionaire Tesla CEO and the...

Wall Street, tech investors back Musk Twitter bid with $7B

May. 05, 2022 16:48 PM EDT

Elon Musk has strengthened the equity stake in his $44 billion offer to buy Twitter with commitments of more than $7 billion from a diverse group of investors including Silicon Valley heavy hitters like Oracle co-founder Larry Ellison. A regulatory filing Thursday also said that Musk...

Slingsby steers Team Australia to SailGP's $1 million prize

Mar. 27, 2022 22:59 PM EDT

Tom Slingsby is the surest bet in sailing when a boatload of cash is at stake. Slingsby and his defending champion Team Australia sped ahead of rivals Nathan Outteridge of Team Japan and Jimmy Spithill of Team USA to claim SailGP’s $1 million, winner-take-all Season 2 championship...

Outteridge qualifies for SailGP's $1 million grand finale

Mar. 26, 2022 21:49 PM EDT

Team Japan skipper Nathan Outteridge clinched the third and final spot in SailGP’s $1 million, winner-take-all Season 2 championship race with a strong performance in Saturday’s three fleet races in the Mubadala United States Grand Prix on San Francisco Bay. Outteridge had...

SailGP's sprint for $1 million could be race of attrition

Mar. 25, 2022 16:56 PM EDT

After a week of mayhem on lively San Francisco Bay, it's not unrealistic to think that SailGP's $1 million, winner-take-all Season 2 championship will go to the last F50 catamaran remaining in one piece. It's been that kind of season for tech tycoon Larry Ellison's globe-trotting...

SailGP could have team owned by cryptocurrency fans by 2023

Mar. 24, 2022 17:33 PM EDT

SailGP, the global league co-founded by software tycoon Larry Ellison, could have a team owned and operated by cryptocurrency enthusiasts as soon as the start of its fourth season in late 2023. SailGP announced a multi-year partnership Thursday with blockchain development platform...

US SailGP team capsizes 6 days ahead of $1 million race

Mar. 21, 2022 22:38 PM EDT

The U.S. SailGP team capsized its foiling 50-foot catamaran just off Alcatraz Island on San Francisco Bay on Monday, six days before it will race for the global league’s $1 million, winner-take-all season championship. Helmsman Jimmy Spithill said there were no injuries and the...