(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.
Business
Nov 9, 2009
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(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 ...
Business
Oct 29, 2009
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(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.
Business
Oct 20, 2009
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(AP) -- IBM Corp. is a rare example of a company that has kept boosting profit and jacking up its guidance even as the recession has sapped its sales.
Business
Oct 15, 2009
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(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.
Business
Oct 15, 2009
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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.
Business
Oct 12, 2009
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(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.
Business
Oct 5, 2009
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Technology companies are hardly the most prominent villains in the ongoing drama over exorbitant executive pay.
Business
Oct 2, 2009
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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.
Business
Sep 25, 2009
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(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 are still reluctant ...
Business
Sep 17, 2009
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