So uh do we still get to keep our Free A1 VPS with 4 OCPU, 24GB RAM and 200GB Storage...??<p>If Oracle starts charging the dozens (tens of thousands?) of us that signed up for Pay-as-you-go just to be able to provision a VM, I'm deleting my account.<p>But in all seriousness, Oracle is a terrible company that has scammed governments and corporations. Not really surprised. Bryan Cantrill said it best [0].
Oracle is "morally bankrupt," Larry Ellison prioritizes profits over ethics and innovation. I'm not surprised if the stock price was forced to fall by Ellison because of his July sells [1]<p>1. He dumped $322 million (2.25 million shares) in mid July in TWO days signalling lack of confidence<p>2. These shares were spread out with different sizes, to probably minimize the market impact<p>3. The sells still pushed the stock prices down<p>4. Then the "cost-cutting" and OCI layoffs happen<p>Obviously correlation isn't causation, but Oracle clearly doesn't care about their cloud, just MONEY, HA!<p><pre><code> Larry Ellison's Stock Sales - July 15-16, 2024
Date Quantity Price % Change Running Total
-------------------------------------------------------------------------
Jul 16 87,127 $143.17 -0.01% 1,145,732,353
Jul 16 1,037,873 $142.53 -0.09% 1,145,819,480
Jul 15 579,765 $142.64 -0.05% 1,146,277,588
Jul 15 81,871 $143.45 -0.01% 1,146,195,717
Jul 15 237,491 $144.61 -0.02% 1,145,958,226
Jul 15 191,252 $145.34 -0.02% 1,145,766,974
Jul 15 34,621 $146.30 -0.00% 1,145,732,353
</code></pre>
[0] <a href="https://www.youtube.com/watch?v=-zRN7XLCRhc&t=1981s" rel="nofollow">https://www.youtube.com/watch?v=-zRN7XLCRhc&t=1981s</a><p>[1] <a href="https://www.quiverquant.com/stock/ORCL/insiders/" rel="nofollow">https://www.quiverquant.com/stock/ORCL/insiders/</a>