Oracle's Ellison steps aside, co-CEOs Catz and Hurd take over

SAN FRANCISCO/SEATTLE (Reuters) - Oracle Corp longstanding Chief Executive Larry Ellison stepped down on Thursday, to be replaced by younger co-CEOs Safra Catz and Mark Hurd, as the business software company looks to modernize and counter fast-moving, cloud-based rivals.

from Reuters: Top News http://ift.tt/1uXF4rg

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