Posts Tagged ‘ceo larry ellison’

Oracle launches worldwide cloud computing tour

Tuesday, February 9, 2010 17:17 No Comments

Oracle 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 [...]

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Data warehousing vendors squabble over flash memory

Monday, February 1, 2010 11:20 No Comments

Scalability 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 [...]

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Database wars: IBM, Oracle’s Ellison trade zingers

Thursday, January 28, 2010 11:20 No Comments

Oracle’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 [...]

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Oracle hails Java but kills Sun Cloud

Wednesday, January 27, 2010 20:19 No Comments

Oracle’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 [...]

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Oracle’s Ellison excited about Sun technologies

Wednesday, January 27, 2010 20:19 No Comments

Oracle CEO Larry Ellison expressed high hopes for his company’s now-completed acquisition of Sun Microsystems Wednesday but denied media reports that Oracle planned massive layoffs of Sun employees. Expressing ambitions to be like IBM was in the 1960s, Ellison stressed that Oracle could offer customers a full line of integrated software and hardware technologies. He [...]

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Report: Oracle plans to hire more employees than it cuts from Sun

Wednesday, January 27, 2010 5:19 No Comments

With Oracle’s anticipated purchase of Sun drawing near, company CEO Larry Ellison disclosed plans to hire 2,000 engineering and sales employees – more workers than it’s expected to cut from Sun’s workforce, according a The Wall Street Journal report posted Tuesday. Oracle’s acquisition of Sun appears all but certain, having overcome a major potential barrier [...]

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Oracle to keep investing in Sun’s server lines

Wednesday, January 27, 2010 2:19 1 Comment

Oracle on Wednesday is expected to offer assurances that it will continue to invest in all of Sun Microsystems’ main server platforms, in an effort to convince Sun customers that they should stick with those products as the database giant works to reinvent itself as a systems and software company. Oracle executives are due to [...]

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IBM steps up Sun conversion program

Tuesday, January 26, 2010 2:19 No Comments

Just a day before Oracle announces its intentions vis-à-vis its newly acquired Sun Microsystems technologies, IBM plans on Tuesday to expand efforts to help migrate Sun users to Big Blue. Developers at IBM have built new software tools to automate many of the manual processes to help accelerate Sun migrations, IBM said. The software identifies [...]

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Oracle to provide Sun road map next week

Thursday, January 21, 2010 8:18 No Comments

Oracle will provide more details about its plans for Sun Microsystems at an event next Wednesday. Meanwhile, European regulators today signed off on the deal after much back and forth between the two sides. CEO Larry Ellison will host the event at Oracle’s headquarters in Redwood Shores, California, where executives will outline Oracle’s strategy for [...]

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Oracle earnings jump 15 percent in Q2

Thursday, December 17, 2009 20:30 No Comments

Oracle reported on Thursday second-quarter earnings of $0.29 per share, a rise of 15 percent over the same period last year. Total revenues rose 4 percent to $5.9 billion and net income jumped 12 percent to $1.5 billion. New software license revenues, a key indicator of growth and stability, were up 2 percent to $1.7 [...]

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