Oracle Stories
Oracle to buy RightNow for about $1.5 billion
Oracle Corp plans to buy online customer service company RightNow Technologies Inc for about $1.5 billion, sparking speculation of bids for other so-called cloud technology companies that deliver software, data and computing power over the Internet.
Wall Street Higher After Caterpillar Earnings and M&A
Stocks rose on Monday adding to three weeks of gains for the S&P after strong earnings from Caterpillar and a number of proposed acquisitions boosted investor appetite for risky assets.
Latest Icahn Target: WebMD, Takes 8 Percent Stake
Shares of WebMD surged nearly 9 percent after activist investor Carl Icahn reported acquiring an 8 percent stake in the New York-based medical website.
Wall Street Extends Gains, Nasdaq up 1 Percent
Stocks extended their gains on Monday and the Nasdaq rose 1 percent, helped by strength in big-capitalization technology names.
Oracle’s Cloud Takeover: RightNow Technologies for $1.5 Billion
Oracle, the world’s biggest database company, said it will spend $1.5 billion to acquire RightNow Technologies to extends its cloud-based customer service offerings. The move looks intended to compete against Salesforce.com and other rivals.
Microsoft Wants Royalties from Majority of Android Phones?
Microsoft Corp. is claiming that more than 50 per cent of Android devices are now subject to licensing agreements, according to a claim by legal representatives of the company, Brand Smith and Horacio Gutierrez.
Apple stock to jump 25 percent over next year: Barron's
Shares of a handful of large tech companies including Apple Inc, Oracle Corp and eBay Inc are likely to increase by more than 20 percent over the next year, according to Barron's.
Farewell Steve Jobs: We Will Miss You
Apple held an employee-only memorial service for Steve Jobs on Wednesday at its Californian headquarters. On Wednesday, at Infinite Loop in Cupertino campus, California, Apple employees gathered for the memorial service for the company's late co-founder Steve Jobs. In the Apple website, a photo of CEO Tim Cook speaking to Apple employees was posted without providing further details.
Blizzcon 2011: New Starcraft 2: Heart of the Swarm Units Revealed [PHOTOS]
New Starcraft 2 units for Blizzard Entertainment's Heart of the Swarm expansion were revealed on Friday.
Oracle can use Google email in patent case: judge
Oracle Corp may use an internal Google Inc email Google fought to keep under wraps in a high stakes patent case over the Java programing language, a U.S. judge has ruled.
Trial postponed in Oracle patent suit vs Google
Oracle and Google will not square off in a high stakes patent trial by the end of October as a U.S. judge on Wednesday formally vacated the trial date.
Oracle Snaps Up Endeca, Bolsters Unstructured Data Line
Oracle announced plans to acquire privately held Endeca, a leader in business intelligence analysis to explore unstructured data.
IBM shares fall as tech-spend worries loom
Shares of IBM fell 5 percent in pre-market trading on Tuesday after Big Blue's third-quarter beat failed to stem worries about a slowdown in tech spending.
U.S. Stock Futures Point to Lower Opening
U.S. stock futures point to lower opening on Tuesday after new data showed that Chinese economy has expanded at a slower rate in the third quarter and quarterly results from IBM failed to impress investors.
Oracle competitor Tidemark launches, wins more cash
Cloud-based analytics company Tidemark took the wraps off its business after two years in stealth mode, and announced a new funding round.
IBM’s Earnings Beat Estimates: Could They Be Tech Bellwether?
IBM, the No. 2 global technology company, reported third-quarter results that narrowly beat analyst expectations. They could be a bellwether for the entire technology sector.
IBM’s Earnings: Bellwether for the Tech Industry
IBM, the No. 2 global technology company, is scheduled to report third-quarter results late Monday. They could be a bellwether for the entire technology sector.
Yahoo: Are KKR and Blackstone Joining the Takeover Fray?
Add some more private equity bigfeet to the cluster that may be looking to acquire Yahoo: Kohlberg Kravis Roberts and Blackstone Group.
Memo to Tim Cook: With iCloud, Learn from BlackBerry Outage or Else!
Dear Tim Cook, Apple CEO: Now that you are essentially betting Apple on iOS 5 and a whole family of iPhones, iPods, iPads and Macs that run it, you've just been handed a great case study by your Canadian rival, Research in Motion. For three days, BlackBerry customers worldwide couldn't access e-mails. This, the company said, was due to a server problem in England.
Can Box.net Challenge Amazon and Microsoft in the Cloud?
Box.net raised $81 million in funding on Monday. The cloud computing company is the darling of Silicon Valley, but can it compete with the likes of Amazon or Microsoft?
Foreign Profit Tax Break was Costly Bomb: Report
Congress should not endorse another big tax break for overseas corporate profits because the last one in 2004-2005 was a costly failure, said U.S. congressional investigators in a report released on Monday.
Infosys, TCS to Show Sales Growth; Outlook Uncertain
India's software services companies are set to report strong revenue growth when they kick off their quarterly earnings next week. However, a slowing U.S. economy and the debt crisis in Europe may crimp orders.
Larry Ellison Announces Building of Oracle Public Cloud
Oracle Corp. announced it is building Oracle Public Cloud, a cloud service to host many of its key software products, including Java, database, middleware, and customer-relationship-management applications.
IBM’s Watson Fellow: ‘Jeopardy’ Strategy Wasn’t Just a Game but Template for Future Computing
IBM’s Watson supercomputer’s “Jeopardy” championship should only be the start of many new commercial opportunities, the company’s VP for Emerging Technologies said.
Oracle New Products to Keep the Engine Firing
FBR Capital Markets attended Oracle Corp.’s financial analyst meeting and its annual user conference OpenWorld this week.
Oracle Announces Roadmap for Java
Oracle has announced JavaFX 2.0 and its plans to move Java forward and continue investment in mobile platforms such as Java ME and Oracle Application Development Framework (ADF) Mobile in the OpenWorld conference.
Oracle to pay $199.5 million to resolve false claims case
Oracle Corp has agreed to pay $199.5 million plus interest to settle allegations that the software giant failed to give promised discounts to the federal government, the U.S. Justice Department said on Thursday.
Have CEO Severance Packages Gotten Out of Hand?
The whole process is to ensure that compensation is aligned with shareholder interest, Steve Rabitz, an attorney with Stroock & Stroock & Lavan who specializes in executive compensation, told International Business Times. But shareholders sometimes are angered by executive packages they believe are increasingly over-the-top.
Oracle Big Data Appliance Is Watching You
Though Oracle has always had a presence in the enterprise arena, yet now it appears the tech giant is moving into a new area - and that area is big data. Big data, which is a catch-all term for data sets that are so large they become difficult to process, is becoming a greater issue as sites such as Facebook amass increasingly unwieldy data sets that contain valuable information.
Oracle Public Cloud: Making Play for Platform a Service
Oracle Corp. (NASDAQ: ORCL) announced the general availability of Fusion Applications during Wednesday evening's keynote and unveiled the company's new Platform-as-a-Service and Social Network offerings.