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Oracle's Larry Ellison

Oracle’s Larry Ellison buys 249-acre Porcupine Creek

Larry Ellison, an American business magnate, co-founder and chief executive officer of Oracle Corporation, has bought the 249-acre estate that once belonged to Yellowstone Club founders Tim and Edra Blixseth called Porcupine Creek in Rancho Mirage, Calif.

Pandora Media files for IPO of up to $100 million

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Internet radio company Pandora Media Inc filed to raise up to $100 million in an initial public offering of common stock, becoming the latest technology company to test the public markets. Pandora, which runs an online service that allows users to stream free music based on feedback from the listener, has 80 million registered users.
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World stored at least 295 exabytes of data as of 2007

Humans were able to store at least 295 exabytes of information as of 2007, says a new study that estimated the world's technological capacity to store, communicate, and compute. In decimal terms, an exabyte is equal to a billion gigabytes.
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Orexigen cuts 40 pct staff to save cash

Orexigen Therapeutics Inc said it let go of about 40 percent of its workforce to save cash and focus resources on its experimental weight-loss drug. The drugmaker said it expects to take a charge of about $2.6 million on the job cuts, which comes on the heels of the U.S. health regulator denying approval for the drug, Contrave.
Kevin Butler Tweets Sony Jailbreak

Sony Employee Re-Tweets PS3 Hack

A Sony employee accidentally re-tweeted a code that allows users to get around the security on a Playstation 3 -- at the same time the company is suing a hacker for publicizing code with a similar function.

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