Whoa! A Super-Rich Tech Boss Changed His Mind About Selling Lots of Shares!
Imagine having a huge pile of toys, then deciding you don't want to sell them after all! That's kinda what happened with a tech boss and his company's 'shares'!
Hey Super Coders and Future Innovators!
Ever heard of a super-big tech company called Oracle? They make powerful software that lots of other big companies use, kind of like the super-brain behind many digital operations. Well, the boss of Oracle, a really smart and super-rich guy named Larry Ellison, had a plan to sell a *huge* chunk of his company's 'shares'.
Think of shares like tiny little pieces of a giant cake. If you own a piece, you own a tiny part of the bakery! Larry Ellison was going to sell 50 million of these pieces, which would have been worth about $7.5 *billion* dollars! That's more money than you could count in a lifetime, even with a super-fast robot!
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Based on reporting by TechCrunch.