Oracle Corporation (NASDAQ:ORCL) chief financial officer Jeff Epstein has stepped down from the company. Oracle co-president Safra Catz will fill in for Epstein, who previously reported to Catz directly. This is the second time that Catz will be acting as the CFO as she had that position between November 2005 and September 2008. “Safra already has the long-standing confidence of our employees, our board and our shareholders,” stated Oracle CEO Larry Ellison. “There is no more logical choice for CFO.” [AllThingsD]

The White House has uploaded some images on Flickr of President Barack Obama’s meeting with the tech titans of Silicon Valley. This photo symbolizes how the meeting went. The meeting was about how these executives plan to support entrepreneurship, increase exports, and strengthen the economy. The executives in this picture includes:

President Barack Obama is making a trip to Silicon Valley today and is meeting with some major tech CEOs. The names of the executives that he is meeting was revealed by the L.A. Times. The meeting will be about supporting entrepreneurship, increasing exports, strengthening the economy, etc. Below is the list of people that he is meeting:

Oracle Corporation (NASDAQ:ORCL) founder Larry Ellison has purchased real estate known as Porcupine Creek. Porcupine Creek has a 19 hole golf course, 16 bedrooms, and sprawls across 249 acres. [BusinessInsider]

Oracle Corporation (NASDAQ:ORCL) has reportedly hired private investigators to find Hewlett Packard CEO Leo Apotheker. HP refused a subpoena for Apotheker because they believe Oracle is just trying to harass him. Oracle CEO Larry Ellison believes that the theft SAP made through Apotheker costed them $4 billion.

SAP had admitted to software theft through a subsidiary by the name of TomorrowNow. But they believed it costed Oracle tens of millions of dollars rather than billions. SAP also claims that they shut down the TomorrowNow subsidiary after learning about the theft.

“The interest in Mr. Apotheker on the part of Mr. Ellison only happened recently, as a result of Leo’s appointment to run HP,” stated SAP spokesman Bill Wohl. “That recent interest speaks volumes about why it’s important to them. The question is, does that at all have anything to do with this case?”

Ellison has been unable to provide evidence about the $4 billion claim thus far. The evidence is not looking favorable for Oracle right now because attorneys from SAP have been able to produce e-mails from Oracle executives that states that TomorrowNow was not a threat. Another e-mail was produced that said that Oracle had not lost any large customers to SAP in the two after it the company bought TomorrowNow.

[Reuters]

Oracle Corporation (NASDAQ:ORCL) has taken SAP AG (NYSE:SAP) to court and they are seeking $2.3 billion in damages for “inappropriate” downloads of Oracle materials. Former SAP CEO Leo Apotheker and Oracle CEO Larry Ellison may both have to get testimonies about the trial.

Oracle CEO Larry Ellison has announced a new system that allows enterprises to run their own cloud in a self-contained system. The new system is known as Oracle Exalogic.

Oracle Corporation (NASDAQ:ORCL) now has a new Co-President: Mark Hurd. Mark Hurd is the former CEO of Hewlett-Packard Company (NYSE:HPQ). Hurd quit HP one month ago after a board investigated him for a personal relationship with contractor Jodie Fisher. Fisher was a former actress who posed for Playboy in college.