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 was forced to ...

Rare economic espionage case going to trial

(AP) -- Two men accused of stealing computer chip blueprints - and trying to tap the Chinese government to help launch a startup built on the contraband - are becoming the first defendants charged with economic espionage ...

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.

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.

Oracle plays up promise of Sun take-over

Oracle chief executive Larry Ellison opened fire on US technology veteran IBM and expressed optimism about the pending 7.4-billion-dollar-deal to buy Sun Microsystems.

Amazon, Apple, Google, Yahoo! targeted in patent case

A US technology company which won a patent case against software giant Microsoft filed suit on Tuesday against nearly two dozen other high-profile firms accusing them of violating the same patent.

Oracle's Larry Ellison says Sun losing $100 million a month

Declaring that Sun Microsystems is losing $100 million a month, Oracle CEO Larry Ellison has expressed frustration over an extended European antitrust review that has delayed his plans to acquire the struggling computer maker.

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 ...

EU delays Oracle-Sun deal, probing database market

(AP) -- Oracle Corp. figured its $7.4 billion buyout for Sun Microsystems Inc. could skate through antitrust scrutiny, folding Sun into a technology powerhouse when Sun badly needs the lifeline. Both companies will have ...

EU reveals probe into Oracle's bid

Business software giant Oracle's 7.4-billion-dollar bid for Sun Microsystems is under investigation under EU merger regulations, the European Commission announced on Thursday.

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