An industry wonk has told Valleywag, Larry Ellison, Oracle founder, will be announcing Oracle's version of Linux during his keynote at the Oracle OpenWorld conference tomorrow.

The San Francisco Chronicle falls in love with actor David Ellison, 23-year-old son of billionaire Oracle founder Larry:

In case you haven't seen the promotional interviews yet ("Actor David Ellison is no stranger to flying"), the 23-year-old son of Oracle founder Larry Ellison stars in the period flick Flyboys, an indie film partially funded by Larry and wife Melanie Craft.

Last night, I cheated my way into a book party for California-based writer and web publisher Arianna Huffington at the San Francisco guest house of Oracle CEO Larry Ellison and romance novelist Melanie Craft Ellison. First lesson: Don't go to a society event dressed for a Silicon Valley geek party. Second lesson: F. Scott Fitzgerald was right, the rich are not like you and me.

• Oracle chief Larry Ellison will preach the security gospel to the choir at next year's RSA Conference. While some doubt Oracle's security expertise, everyone knows that Larry knows how to stay safe. [Silicon.com]

• Brett Allsop, Co-Founder of YapTA, a self-described Web 3.0 Start-Up gives his take on the fundamental difference between Web 2.0 and Web 3.0: I have my own life and I want to go hiking and I want the Internet to do the work for me. Amen. So do we. So do we. [John Cook's Venture Blog]

Larry Ellison's always been Mr. Hollywood, and when it comes to women, he's true to form — or at least his reputation is. Over the past few weeks, commenters claiming to be the Oracle founder's ex-lovers invaded the review forum for a romance novel by his wife, Melanie Craft (pictured). Says one:

Before anyone forgets, the throne of Malibu, lately claimed by a drunk Mel Gibson, could really belong to Larry Ellison. The Oracle owner snapped up a $100 million spread of Malibu beach property two years ago — it's just one of his many playgrounds, along with his Japanese-style estate and his Gulfstream V.

Just like Christmas in July, New Year predictions deserve a mid-year refresher — especially since Valleywag wasn't here for New Year's. Valleywag predicts that by the end of 2006:

Larry Ellison, Oracle founder and Chuck Norris stunt double, lost yet another bid for a sports team when the Seattle SuperSonics rebuffed his $425-million offer. The Sonics didn't want to move to San Jose as Ellison planned. Instead, the Sonics owners sold (for just $350 million) to Oklahoma investors who will keep the team in Seattle.

The Google jet being custom-fitted for founders Larry Page and Sergey Brin is a monumental achievement in the size wars of Silicon Valley billionaires. Larry and Sergey's Boeing 767 outclasses all other corporate jets in length. As shown above, its impressive girth also dwarfs those of lesser moguls.

Larry Ellison recently told a reporter, "I think after a certain amount, I'm going to give almost everything I have to charity because what else can you do with it?" For the Oracle CEO, "everything" means over $18 billion. "What else can you do with it" means:

The Washington Post and "don't call me the Segway inventor" Dean Kamen want geeks to be famous. Rather than letting creative geniuses get all the glory for their piddly "Oscars" and their "works of timeless art," the Post and Kamen want kids to worship real role models like the Google guys and YouTube founders.

Larry Ellison released a messenger falcon from his castle turrets to officially announce why he stiffed Harvard for a promised $115 million donation. Without Harvard prez Larry Summers on board, Ellison's minions said, he just didn't feel the gift was right.

• Apple's iPod maker says the sweatshop story isn't true, and they've vaguely threatened a lawsuit over the claim, made by the UK's Daily Mail. Can we resolve this peacefully so the slaves can crank out more toys? [Apple Insider]

When the New York Times (and every other media outlet — good job, Buffett's PR firm!) went on and on about Warren Buffett's $31-billion donation to the Bill and Melinda Gates Foundation, and how Buffett and Gates are such good pals, it seemed fair to point out other tech mogul buddies like the heads of Apple, Oracle, and Google — and to diagram them in this handy guide.

Oracle's high-rolling CEO may not actually be the Almighty, but he's pulled off a miraculous deal with his latest lawsuit settlement.

Today in rich people not helping poor people news, Larry Ellison stiffed Harvard for $115 million. Oh, Harvard's not poor, but the Ellison Institute for World Health — where the Oracle CEO's money was headed — probably would have made life a little easier for some of the little people.

• In a fit of business brilliance, Microsoft launched a paid PC care service, thus profiting from the shittiness of its own products. [Australian IT]

The Mercury News opens a real estate story with a rude awakening: