Items tagged with Oracle

Well this is getting interesting. According to reports, Oracle continues to cry foul over Google's business practices, most recently claiming that the search juggernaut "directly copied" its Java code. The allegation comes as part of an updated lawsuit that was first filed back in August of this year. The original lawsuit, which seemingly came out of nowhere, was pretty vague in outlining exactly what Oracle felt Google did wrong, but now we're getting down to the nitty-gritty. "The infringed elements of Oracle America's copyrighted work include Java method and class names, definitions, organizations, and parameters; the structure, organization, and content of Java class libraries; and the content... Read more...
In the past nine months Oracle both acquired Sun Microsystems and recently launched an updated version of that company's 'Niagra' processor. That's an impressive amount of work in such a short time, but Oracle CEO Larry Ellison isn't done shopping. Last Friday, at a company investment meeting, Ellison stated: "Our focus is to build our [intellectual property] portfolio,” Ellison said during the meeting with analysts, according to Reuters. “You could see us buying chip companies. Silicon is very important, software IP is very important." Speculation on which chip companies sent ARM, AMD, and even NVIDIA stocks upwards. Oracle could easily purchase any of the three, or even all of them... Read more...
Less than 24 hours after Oracle named ousted HP CEO Mark Hurd as co-president, HP has filed a breach of contract lawsuit against him. To be honest, if Monday had not been Labor Day, and if the announcement hadn't been made so late in the day, they probably would have filed a lawsuit that same day. While Hurd didn't sign a non-compete agreement, the lawsuit focuses on confidentiality agreements in his exit package. That package was worth over $40 million, so Hurd will have plenty of money to fight the lawsuit with (although we honestly assume Oracle lawyers might be handling things). Oracle CEO Larry Ellison, a close friend of Hurd's, criticized HP's decision to oust Hurd.  His resignation... Read more...
Fully a third of the top dogs on Barron's 30 Most Respected CEOs list released in this week's print edition hail from the tech world.Given how virtually all anyone talks about these days (other than healthcare, but don't expect a discussion of that here) is social media, gadgets and the interwebz, it should be no shock. Nonetheless, a few tech names fell off the list this year: Chase Carey of DirecTV left the company to be the No. 2 man at NewsCorp.; Satoru Iwata of Nintendo due to the Wii's declining fortunes; and Rick Tsai of TSMC, as he's no longer with the semiconductor manufacturer.So we have, then, the 10 most respected CEOs from the tech world (phrases in italics are Barron's summation... Read more...
The x86 architecture has increasingly dominated the server market over the past decade but there's still a market for mainframe, big-iron servers. At present, Intel has challenged old guards Sun and IBM with a mixture of Nehalem-based Xeons and Itanium processors with the octal-core Nehalem-EX waiting in the wings. IBM isn't waiting for Nehalem-EX or Intel's new Itanium processor to hit the market before taking action of its own; Big Blue launched its POWER7 architecture on Monday. At 567mm2 and 32MB of on-die L3 cache, the new CPU is something of a beast. Each POWER7 chip is divided into eight cores each with its own L2 cache. Each core is capable of handling four threads for a total of 32 threads... Read more...
Just over a month after IBM was rumored to be moments away from acquiring Sun Microsystems, lo and behold, Oracle has swooped in as the suitor. In a rather unexpected move, the sinking Oracle has just procured the sinking Sun Microsystems, obviously hoping that two laggards can somehow succeed rather than simply sink each other faster.Announced this morning, the "definitive agreement" will see Oracle acquire all of Sun's common stock for $9.50 per share in cash, which amounts to a breathtaking $7.4 billion -- or $5.6 billion net of Sun's cash and debt. Oracle President Safra Catz had this to say about the newly struck deal: "We expect this acquisition to be accretive to Oracle's earnings by at... Read more...
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