Oops! Larry Ellison Changes His Mind About Selling Super Stocks!
Have you ever planned something big, then changed your mind at the last second? That's kinda what happened with a super important tech boss!
Imagine you have a huge collection of awesome shiny marbles, and each marble is worth a lot of money! Larry Ellison, who helped create a super big tech company called Oracle, has millions of these 'marbles' (which are actually company shares or 'stocks').
He had a plan to sell a giant pile of these Oracle shares โ we're talking about $7.5 BILLION worth! That's like selling enough marbles to buy a whole fleet of spaceships! This plan was set up using a special rule called '10b5-1' in America, which helps big bosses sell their shares fairly.
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Based on reporting by The Next Web.