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Oracle abruptly drops chip developed with Intel, HP

Oracle Corp. made waves on Wednesday with a sharply worded announcement that it will cease all efforts to develop technology around Intel Corp.'s Itanium chip - a move that apparently took both Intel and its partner Hewlett-Packard ...

Oracle fiscal 3Q net income up 78 pct

(AP) -- Database software maker Oracle Corp. said Thursday its net income rose 78 percent in the fiscal third quarter, helped by a rise in new software license sales and the benefit of three full months of revenue from Sun ...

IBM sets single-server middleware record

IBM today announced record-breaking benchmark results for WebSphere middleware on a single server representing the highest performance in the information technology (IT) industry.

HP discloses scope of new CEO's contract

(AP) -- Hewlett-Packard Co. gave its new CEO, who came aboard during a tumultuous time for the technology conglomerate, a compensation package that could be worth tens of millions of dollars.

Oracle to pay $46 mln to settle Sun case

Oracle has agreed to pay $46 million to settle claims that Sun Microsystems, which it acquired last year, submitted false claims to US agencies, the US Justice Department said on Monday.

Hewlett-Packard replaces a third of its board (Update)

(AP) -- Hewlett-Packard Co.'s decision to replace a third of its board of directors is the latest milestone in a marathon management makeover that the technology icon hopes will allow it to move on after a series of management ...

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