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US suing Oracle alleging software contracts fraud

(AP) -- The U.S. Justice Department said Thursday it is joining a fraud lawsuit against Oracle Corp. related to software contracts worth hundreds of millions of dollars.

EU clears Sybase takeover by Germany's SAP

European competition regulators on Tuesday approved German business software giant SAP's 5.8-billion-dollar (4.5-billion-euro) takeover of California-based Sybase.

Oracle's net jumps 25 pct in first full Sun qtr

(AP) -- Oracle Corp.'s net income jumped 25 percent in the most recent quarter as CEO Larry Ellison trumpeted momentum in the company's efforts to sell computer hardware and in its showdown with IBM Corp.

Oracle cutting more Sun jobs

(AP) -- Oracle Corp. is cutting more jobs as part of its takeover of slumping computer-server maker Sun Microsystems.

SAP buying Sybase for $5.8B as it battles Oracle

(AP) -- German business software maker SAP AG has agreed to buy Sybase Inc. in a $5.8 billion deal that ratchets up SAP's rivalry with database leader Oracle Corp.

Java designer resigns from Oracle

Former Sun Microsystems technology executive James Gosling, designer of the popular Java computer programming language, has resigned following Sun's takeover by Oracle.

Tech industry recovery under way, says Forrester

(AP) -- A new report on information technology provided further evidence that an industry recovery is under way, with U.S. spending now expected to grow faster than previously believed.

Oracle profit slips, but software revenue rises

(AP) -- Oracle Corp.'s profit fell 10.5 percent in the latest quarter as the business software maker absorbed Sun Microsystems and its expenses for building and supporting computer servers.

Oracle CEO: about 1,000 layoffs planned for Sun

(AP) -- Oracle Corp. CEO Larry Ellison cheered the closing of his company's $7.4 billion acquisition of Sun Microsystems on Wednesday, vowing that Sun will immediately add to Oracle's profits. He said layoffs won't be as ...

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