On: Oracle’s 6am layoff emails hit staff amid new wave of cuts

[testdelacc1]

Maybe some in this thread won’t celebrate CNN staying out of the clutches of the Ellisons.

But think of it this way. If Ellison’s acquisition of Warner Bros falls through Ellison must pay Warner Bros a $7 Billion breakup fee. That’s on top of the $2.8 Billion they paid Netflix to abandon its pursuit of Warner Bros.

So Ellison would have wasted $9.8 Billion and years of his life for absolutely nothing. And I think we can all agree that the world would be better off.

[FireBeyond → testdelacc1]

And will be still worth a quarter trillion dollars.

Years of his life, perhaps, though a large part of that will be banks and lawyers, not him grinding it out.

He won't even notice the money being gone, not even close.

[awakeasleep → FireBeyond]

I’m worried your cynicism is overwhelming your capacity for rational thought.

Years of his life and 5-10% of his net worth. That’s the kind of thing people notice.

[FireBeyond → awakeasleep]

It's definitely not 10%, more like 3%. His net worth is currently listed as $248B. If he has to pay out the penalty on both acquisitions, his net worth will still be about $240B. There's nothing articulable about the difference in his life as a result.

I will give you the time though, or the motivations (however appalling they are) for his exertion of energy on these.