Oracle founder Larry Ellison has donated $200 million to USC to fund a cancer research center, the university announced Wednesday. But Ellison and Agus have known each other for some time, and the tech mogul expressed interest in funding cancer research, Nikias said in an interview. The gift would have been Harvard's largest donation at that time and was intended to create a global health foundation. The gift "will serve as a dynamic force for change in how we approach cancer treatment and prevention,” USC President C. L. Max Nikias said in a statement. The gift matched the largest single donation ever received by the school.

Source: Los Angeles Times May 11, 2016 22:59 UTC