'Hocus Pocus 2' Review Wi-Fi 6 Router With Built-In VPN Sleep Trackers Capital One Claim Deadline Watch Tesla AI Day Student Loan Forgiveness Best Meal Delivery Services Vitamins for Flu Season
Want CNET to notify you of price drops and the latest stories?
No, thank you
Accept

Ellison drops bid to buy Apple

Oracle CEO Larry Ellison has dropped his much-publicized bid to buy Apple Computer.

Oracle CEO Larry Ellison announced today that he has dropped his much-publicized bid to buy Apple Computer.

Ellison said in written statement that he is not engaged in discussions with Apple or any of its shareholders concerning a possible acquisition of the computer manufacturer, an idea that he suggested late last month.

However, according to the statement, he remains "interested in developments at Apple" and "may well purchase stock for investment purposes or otherwise, or revisit in the future [his] decision regarding an acquisition or control of that firm."

Details to follow