News tagged with oracle corp

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EU antitrust chief slams senators on Oracle deal

(AP) -- The European Union's antitrust chief said Tuesday that U.S. senators who pressed her to approve Oracle Corp.'s takeover of Sun Microsystems Inc. should stop interfering in Europe's affairs and prioritize U.S. health ...

Technology / Business

created Dec 08, 2009 | popularity 3 / 5 (2) | comments 4

Senators press EU to speed its Oracle-Sun probe

(AP) -- U.S. senators are pressuring European antitrust regulators to hurry their investigation of Oracle Corp.'s proposed acquisition of Sun Microsystems Inc., citing Sun's "precarious" financial condition and fears about ...

Technology / Business

created Nov 24, 2009 | popularity not rated yet | comments 0

EU extends Oracle/Sun review deadline until Jan 27

(AP) -- European Union regulators said Friday that they have extended until Jan. 27 a deadline to wrap up their antitrust review of Oracle Corp.'s planned $7.4 billion takeover of Sun Microsystems Inc.

Technology / Business

created Nov 20, 2009 | popularity 3 / 5 (1) | comments 0

Microsoft's cloud computing system is growing up

(AP) -- Microsoft Corp. leads its industry in part because a vast army of outside computer programmers design software that only runs on its Windows operating system. Now, the company is fighting to keep those programmers ...

Technology / Software

created Nov 17, 2009 | popularity 2.5 / 5 (10) | comments 2

HP's 3Com takeover marks a shot at Cisco

(AP) -- Hewlett-Packard Co.'s $2.7 billion takeover of 3Com Corp. is a shot at networking leader Cisco Systems Inc. - and a sign of how old relationships are being frayed by a flurry of maneuvers by technology ...

Technology / Business

created Nov 11, 2009 | popularity not rated yet | comments 0

EU objects to Oracle's takeover of Sun

(AP) -- European antitrust regulators have formally objected to Sun Microsystems Inc.'s planned $7.4 billion sale to Oracle Corp., escalating a battle over a deal that has already been cleared in the U.S.

Technology / Business

created Nov 09, 2009 | popularity 5 / 5 (5) | comments 0

Sun CEO's pay package cut by a third in '09

(AP) -- The value of Sun Microsystems Inc. CEO Jonathan Schwartz's latest pay package dropped 37 percent from last year as the company lost more than $2 billion and was in such dire financial shape that it ...

Technology / Business

created Oct 29, 2009 | popularity not rated yet | comments 0

Sun cutting up to 3,000 jobs as awaits Oracle deal

(AP) -- Sun Microsystems Inc. plans to eliminate up to 3,000 jobs, or 10 percent of its worldwide work force, as it awaits a takeover by Oracle Corp., a deal being held up by antitrust regulators in Europe.

Technology / Business

created Oct 20, 2009 | popularity not rated yet | comments 0

Oracle's Larry Ellison to IBM: 'make our day'

(AP) -- Larry Ellison ratcheted up his rhetoric against IBM Corp. on Wednesday, challenging Oracle Corp.'s longtime partner and rival to "make our day" in a battle over business software performance.

Technology / Business

created Oct 15, 2009 | popularity not rated yet | comments 0

Ahead of the Bell: Brocade shares jump

(AP) -- Shares of Brocade Communications Systems Inc. jumped in premarket trading Monday after a report the network gear and data storage company is up for sale.

Technology / Business

created Oct 05, 2009 | popularity not rated yet | comments 0

Tech industry takes unlikely lead on reforming executive pay

Technology companies are hardly the most prominent villains in the ongoing drama over exorbitant executive pay.

Technology / Business

created Oct 02, 2009 | popularity 1 / 5 (1) | comments 0

Oracle shares slip after 1Q revenue disappoints

(AP) -- Shares of Oracle Corp. slipped in premarket activity Thursday after the information technology company reported sales fell below analyst expectations in the latest quarter, showing that businesses ...

Technology / Business

created Sep 17, 2009 | popularity not rated yet | comments 0

Oracle, Sun link up for new product; HP snubbed

(AP) -- With the fate of its proposed $7.4 billion takeover of Sun Microsystems Inc. uncertain amid antitrust scrutiny, Oracle Corp. is moving ahead with a new product incorporating both companies' technology, and snubbing ...

Technology / Business

created Sep 16, 2009 | popularity not rated yet | comments 0

Tech giants offer ideas on charging readers online

(AP) -- Some of the world's biggest technology companies say they can help publishers successfully charge readers for news online. If only that were the hard part.

Technology / Internet

created Sep 10, 2009 | popularity 2 / 5 (2) | comments 7

Sun absorbs $147M loss as Oracle deal looms

(AP) -- Sun Microsystems Inc. recorded a $147 million loss while sales eroded 31 percent in the April-June period, likely the server and software maker's last full quarter as an independent company.

Technology / Business

created Aug 29, 2009 | popularity not rated yet | comments 1