When last we heard from maritime enthusiast Larry Ellison, the Oracle founder had just bought himself the Hawaiian island of Lanai. Now the San Jose Mercury News reports that his sailing franchise, Oracle Racing, is accused of attempting to gain an edge by espionage.
Mr. Ellison took home the America’s Cup back in 2010, which means he basically owns the franchise. If another team nabs the trophy next year, into the drink goes his attempt to turn it into a television event. But even if there wasn’t money at stake, we get the sense Mr. Ellison doesn’t like to lose. Read More