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Safra Catz and Mark Hurd will be co-CEOs. Ellison, who co-founded Oracle in 1977, was named executive chairman of the board and Oracle's chief technology officer.

The studio said she will launch a new production venture within Sony. Her departure comes shortly after the studio was hit by a cyberattack — one that exposed employee data and Pascal's emails.

In just three weeks in office, John Magufuli has shaken up country's finances by slashing budgets for celebrations and travel. The Internet reacted with a funny meme.

Criminals and cops looking to grab a slice of some tasty action are smuggling American cheese into Canada, according to the Canadian Broadcasting Corp. The American cheese costs far less than its Canadian competitors.

The Communist Party said it would loosen restrictions on foreign investment in e-commerce and other businesses, and allow private competition in state-dominated sectors. The announcements are being described as China's biggest economic overhaul in two decades.

On Thursday, President Obama named Daniel Werfel, 42, acting IRS commissioner. The announcement comes a day after the resignation of Steven Miller, who got caught up in the controversy over the IRS targeting Tea Party groups.

Those Darlins hooked up at the Southern Girls Rock 'n' Roll Camp, which bassist Kelley Darlin founded in 2003. Critic Robert Christgau is glad to see the band finally playing rock, as well.

President Bush outlined a mixed interim progress report on Iraq, emphasizing his belief that peace can be secured there. Sen. Jack Reed (D-RI) says the White House is "being overly optimistic" in reviewing the situation in Iraq and the country's fledgling government.

President Joe Biden is going to North Carolina on Thursday to highlight $82 million in new investments that would connect 16,000 households and businesses to high-speed internet.

A company may celebrate Mother's Day, but does it have family leave policies or offer flex time? Many American companies say "diversity" is a central value, but legal scholar Kimberle Crenshaw says their actions have yet to catch up.