Larry Ellison’s Cancer Software Startup Project Ronin Is Closing

Larry EllisonPhotographer: David Paul Morris/Bloomberg
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Project Ronin, a cancer-focused software startup co-founded by Oracle Corp. Chairman Larry Ellison, is shutting down.

The startup “will have a permanent mass layoff in connection with the closing of the company,” executives said to in a memo to employees to Friday. Ronin had about 150 employees, according to people familiar with the matter.