Oracle founder Larry Ellison, the world's seventh-richest person, can sell up to 50 million of his shares in the software company under a new trading plan.

Founder to offload as many as 50mn shares as company posts higher revenue from data centres but faces investor fears it is overcommitted to AI

Larry Ellison plans to sell up to $7.5 billion in Oracle stock, breaking from his decades-long strategy of holding shares and borrowing against

Oracle plans an additional $700 million in job cuts, raising total restructuring costs to $2.8 billion amid financial pressures.