Posts Tagged ‘ceo larry ellison’
Oracle to lay off more Sun workers
Friday, June 4, 2010 20:20 No CommentsOracle is making further job cuts related to its acquisition of Sun Microsystems, primarily in Europe and Asia, the company said in a regulatory filing Friday.
Oracle said it will book up to $825 million in additional charges for the acquisition this calendar year, including $550 million to $650 million primarily for severance payments.
[ Stay ahead [...]
Oracle Fusion Apps to headline OpenWorld
Friday, June 4, 2010 17:20 No CommentsOracle’s upcoming OpenWorld conference is set to broadly feature its long-awaited Fusion Applications, according to newly released agenda information for the show, which is scheduled for Sept. 19-23 in San Francisco.
During his OpenWorld keynote last year, company CEO Larry Ellison pledged that Fusion Applications would finally become available this year, but since then, the company [...]
SAP to renew pitch for in-memory databases
Thursday, May 6, 2010 17:15 No CommentsSAP co-founder Hasso Plattner is set to revisit the topic of in-memory databases during a keynote address at the vendor’s upcoming Sapphire conference on May 19.
The news was revealed this week in a video interview with Plattner, who interviewed himself with the help of some camera trickery and costumes.
[ Managing backup infrastructure right is not [...]
Oracle revenue up, but charges drag down profit
Friday, March 26, 2010 21:15 No CommentsFueled by growth in new software licenses, Oracle revenue for its fiscal third quarter, ended Feb. 28, increased 17 percent from the same period last year, hitting $6.4 billion, though earnings declined due in part to restructuring charges incurred by the company’s purchase of Sun Microsystems.
Oracle reported third-quarter earnings of $1.2 billion, a drop of [...]
Oracle revenue up, but charges drag down profit
Friday, March 26, 2010 0:15 No CommentsFueled by growth in new software licenses, Oracle revenue for its fiscal third quarter, ended Feb. 28, increased 17 percent from the same period last year, hitting $6.4 billion, though earnings declined due in part to restructuring charges incurred by the company’s purchase of Sun Microsystems.
Oracle reported third-quarter earnings of $1.2 billion, a drop of [...]
Rackspace hires to align with MySQL offshoot
Tuesday, March 9, 2010 20:16 No Commentsnumber of former Sun Microsystems employees who worked on Drizzle, an offshoot of the MySQL open-source database, have ended up at cloud infrastructure provider Rackspace, where they will continue their efforts, developer Jay Pipes wrote in a blog post Monday.
Pipes left a post as community relations manager for MySQL in October 2008 [...]
Oracle launches worldwide cloud computing tour
Tuesday, February 9, 2010 17:17 No CommentsOracle has officially put both legs on the cloud-computing bandwagon, recently launching a roughly 50-date global road show on the topic for developers and system administrators.
The move stands in contrast to CEO Larry Ellison’s well-publicized mocking of cloud computing, which he has deemed a rebranding and conflation of existing technologies. But it’s not as if [...]
Data warehousing vendors squabble over flash memory
Monday, February 1, 2010 11:20 No CommentsScalability has been the buzzword for data warehousing vendors over the past several years, with the standout questions being, how many petabytes of data can I store? And how many servers and nodes?
In 2010, however, the watchword will be speed, as vendors start introducing flash memory storage to get around the longtime bottleneck of reading [...]
Database wars: IBM, Oracle’s Ellison trade zingers
Thursday, January 28, 2010 11:20 No CommentsOracle’s media event yesterday may have lacked the gadget-y pizzazz of Apple’s iPad launch , but it had Oracle CEO Larry Ellison, who was his usual merry, brazen self and had attendees guffawing.
Oracle held the Webcast to outline its plans for Sun Microsoftsystems.
[ Oracle continues to hail Java but is not interested in offering the [...]
Oracle hails Java but kills Sun Cloud
Wednesday, January 27, 2010 20:19 No CommentsOracle’s plans for Java and the proposed Sun Cloud public computing platform became clearer Wednesday, with Oracle executives giving another big thumbs-up to Java but a thumbs-down to Sun Cloud.
Under Oracle’s new stewardship, Java will be expanded to more application types while the public process for amending Java will be made more participatory, an Oracle [...]