Skip to: Content
Skip to: Site Navigation
Skip to: Search
SATURDAY, NOVEMBER 21, 2009
| Subscribe to Newser's RSS feeds RSS | Follow Newser on Twitter Twitter

NEWS ABOUT: Oracle

Oracle stories: 25 news summaries

1 - 20 of 25 Stories | 1 2 Next >>

Switch to grid view »

(Newser) - On the heels of its 2009 Most Powerful Women list, Fortune has compiled another of the best compensated females in the corporate world. The top 10 for 2008:
  1. Safra Katz, president, Oracle: $42.4 million
  2. Linda Chen, president, Wynn International Marketing: $23.9 million
  3. Sharen Turney, president and CEO,
... More »

MORE ABOUT:
executive compensation • women • Pepsi • Oracle • Kraft Foods • Indra Nooyi • Patricia Woertz • Irene Rosenfeld • Victoria's Secret • Hewlett-Packard • Safra Katz • Linda Chen • Sharen Turney • Wellington Denahan-Norris • Andrea Jung • Ann Livermore • Candice Bagby • Avon

 Oracle Buys Sun Microsystems 


Apr 20, 09 7:20 AM CDT
(Newser) - Oracle Corp. has agreed to buy Sun Microsystems, swooping in after Sun’s talks with IBM fell apart. Oracle will pay $7.4 billion, or $9.50 a share for Sun, the Wall Street Journal reports, a 42% premium on Friday’s close. Though Sun has been losing money,... More »

MORE ABOUT:
mergers and acquisitions • IBM • Sun Microsystems • Oracle • software • tech sector • Java • computer hardware

Tech Industry Falls for 'Cloud Computing'

It's all the rage, but does the fuzzy term really mean anything?

Mar 26, 09 8:40 AM CDT
(Newser) - Today's hottest tech term is "cloud computing": Google, Amazon, Yahoo, and Intel have all begun projects with such nebulous names as OpenCirrus and Elastic Compute Cloud. But while the projects behind the names all have something in common—storing data on far-off computers—nobody can agree on what cloud... More »

MORE ABOUT:
technology • Google • Internet • Web 2.0 • Larry Ellison • Oracle • cloud computing


 What Slump? 
 Big Blue Sees Growth 

IBM had a good Q4 and says its business services and software sales are solid

Jan 21, 09 8:37 AM CST
(Newser) - Strong software and business-services sales—including outsourcing services, a cash cow in the current economy—pushed IBM’s profits up 12% in the fourth quarter and prompted a recession-busting forecast of continued growth for 2009, reports the Wall Street Journal. Although Big Blue's revenue fell in the quarter, its margins... More »

MORE ABOUT:
Google • IBM • Oracle • corporate earnings • Intel Corp • what recession?

Market Meltdown Reshapes Forbes Rich List

Buffett bumps Gates
in redrawn rankings
of world's wealthiest

Oct 10, 08 12:15 PM CDT
(Newser) - The mortgage meltdown has certainly hit middle-class Americans hard but hasn't spared the uber-wealthy, Bloomberg reports. Las Vegas Sands CEO Sheldon Adelson’s net worth shed $4 billion between Aug. 29 and Oct. 1, for instance, while Warren Buffett overtook Bill Gates, whose net worth declined $1.5 billion, as... More »

MORE ABOUT:
Google • stock market • Microsoft • Dell • Bill Gates • Larry Page • Sergey Brin • Forbes 400 • Carl Icahn • Warren Buffett • Larry Ellison • Oracle • Michael Dell • billionaire • Berkshire Hathaway • Las Vegas Sands Corp. • Oracle of Omaha • Sheldon Adelson • Charles Ergen

MARKETS

 Stocks Dip on Tough Tech Day 

Oracle and Google news hurts markets

Mar 27, 08 3:28 PM CDT
(Newser) - The markets fell today on weak news from the tech and financial sectors. The Dow dropped 120.16 points to 12,302.7, the Nasdaq fell 43.53 to 2,280.83, and the S&P closed down 15.36 at 1,325.77, MarketWatch reports. Disappointing results from bellwethers... More »

MORE ABOUT:
Google • stock market • Dow Jones • Oracle • Nasdaq • GDP • S&P 500

Earnings report

Oracle Stock Dives 8%
on Flagging Q3 Revenue

Despite a 30% jump in profits, investors worry the software maker is vulnerable

Mar 27, 08 7:45 AM CDT
(Newser) - Oracle missed its third-quarter revenue projections yesterday and investor reaction was swift and dramatic: shares of the software maker dropped 8% in after-hours trading, reports the Wall Street Journal. This despite the fact that Oracle’s profits rose 30% to $1.34 billion, 26 cents per share, from $1.03... More »

MORE ABOUT:
Goldman Sachs • IBM • Oracle • corporate earnings • Cisco • BEA Systems

Economic Worries Propel Silicon Valley Deals

Oracle and Sun Microsystems may be only tip of the iceberg

Jan 17, 08 12:59 PM CST
(Newser) - Recent acquisitions by Sun Microsystems and Oracle could be the opening round of new Silicon Valley deal-making, the Wall Street Journal reports, as tech companies worried about a US economic slowdown seek to strengthen their positions. Smaller companies struggling to stay afloat are tempting targets; bigger fish also want to... More »

MORE ABOUT:
Silicon Valley • mergers and acquisitions • IBM • Sun Microsystems • Oracle • acquisition • BEA Systems • MySQL

Oracle Wins BEA With Sweetened $8.5B Bid

Deal for business software maker closes after Ellison bumps price

Jan 16, 08 7:51 AM CST
(Newser) - Business software maker Oracle continued its yearlong buying spree, closing a contentious deal with middleware maker BEA Systems after raising its offer to $8.5 billion, or $19.38 a share, Bloomberg reports. In October, Oracle offered BEA $6.7 billion, or $17 per share, and was rejected. Instead BEA,... More »

MORE ABOUT:
Silicon Valley • Larry Ellison • Oracle • software • acquisition • Nasdaq • BEA Systems • middleware

NetSuite Doubles IPO Price

Surge of interest sees the price for the on-demand software vendor soar to $26

Dec 20, 07 5:11 AM CST
(Newser) - On-demand software vendor NetSuite has doubled the price on its IPO after a Dutch-auction-style bidding war over the past two days saw investor interest surge. After originally pricing the offering at $13-$16, NetSuite bumped it to $16-$19 Tuesday and then $19-$22 yesterday. Late last night the company set a target... More »

MORE ABOUT:
Larry Ellison • Oracle • NetSuite • IPO

Oracle Blasts Forecasts With 35% Profit

Software maker rides spending spree
to another big quarter

Dec 19, 07 6:25 PM CST
(Newser) - Database software-maker Oracle surprised analysts today, reporting its income surged 35 percent in the second quarter to $1.3 billion, thanks to the success of new programs and customer-support contracts. Experts had expected sales of approximately $5.03 billion, Bloomberg reports, but the company boasted sales of $5.36 billion—... More »

MORE ABOUT:
Silicon Valley • Larry Ellison • Oracle • software • database • tech stocks

Ellison-Backed IPO Wraps '07

NetSuite's auction format puts off some investors

Dec 17, 07 7:40 AM CST
(Newser) - On-demand software company NetSuite goes public this week with an offering likely to draw the bulk of attention in an otherwise quiet finale for IPOs. Only three firms will go to market, compared to eight in last year’s final week. Oracle CEO Larry Ellison’s NetSuite hopes to raise... More »

MORE ABOUT:
Larry Ellison • Oracle • NetSuite • IPO

Netsuite Hopes for $99M in IPO

Ellison has moved decisively to silence conflict-of-interest criticisms

Dec 6, 07 5:46 PM CST
(Newser) - The IPO for Oracle CEO Larry Ellison’s ‘software-as-a-service’ company, Netsuite, is gearing up as the company set an initial price range yesterday of $13 to $16 a share for 6.2 million shares planned for release, News.com reports, a 10% stake. Netsuite hopes to raise $99.2... More »

MORE ABOUT:
Larry Ellison • Oracle • NetSuite • IPO

Hewlett-Packard Nixes BEA Buy

ITer says it's best to remain neutral between software companies

Nov 21, 07 12:48 PM CST
(Newser) - “We are the Switzerland of these heterogenous environments,” a Hewlett-Packard exec said by way of explaining why his company is not interested in acquiring BEA, after BEA rejected an offer from Oracle as too low. HP is a partner of BEA’s, the company's software chief said, but... More »

MORE ABOUT:
mergers and acquisitions • Switzerland • Oracle • BEA Systems • Hewlett-Packard

BEA Posts 59% Jump in Profit

Company hopes better-than-expected
 Q3 will draw higher bids than Oracle's

Nov 16, 07 8:14 AM CST
(Newser) - BEA Systems reported earnings up 59% in the third quarter yesterday, in the first audited quarterly statements released in over a year. The San Jose-based company's financials have been held up by a reporting dispute with the SEC. BEA hopes the higher-than-expected results will boost its case that the company... More »

MORE ABOUT:
Oracle • SEC • stock • BEA Systems

Oracle Sees No BEA in Its Future

$6.7B offer rebuffed, Ellison says he'd offer less for BEA second time around

Nov 15, 07 7:03 AM CST
(Newser) - Oracle’s $25-billion, three-year shopping spree won’t include rival BEA Systems, at least not at the $17 a share it offered last month, reports the San Jose Mercury News. BEA spurned the nearly $6.7-billion bid, demanding $21 a share. “If their goal was to stay independent, I... More »

MORE ABOUT:
Oracle • buyout • business tech • BEA Systems

IBM to Buy Canada's Cognos for $5B

Company's software products model business decisions

Nov 12, 07 12:19 PM CST
(Newser) - IBM will buy Cognos for $5 billion, the latest in a rash of “business intelligence” software acquisitions. The move could help IBM keep up with SAP AG and Oracle, each of which recently teamed with similar companies, the AP reports. The purchase price is a 9% premium over Cognos’... More »

MORE ABOUT:
IBM • Oracle • software • acquisition • business intelligence • Cognos • SAP AG

Oracle CEO Sells Off $500M, With More To Come

But investors aren't worried as
Ellison liquidates 26 million shares

Oct 31, 07 11:10 AM CDT
(Newser) - The CEO of Oracle sold off half a billion dollars of stock, but analysts contend that the liquidation shouldn't worry investors. Markets noticed when Larry Ellison sold 26 million shares of the software company he founded in 1977. But the Wall Street Journal writes that past sell-offs haven't triggered broad... More »

MORE ABOUT:
insider trading • Larry Ellison • Oracle • stock options

Icahn: BEA Will Sell, or I Will Oust the Board

Firm now faces internal and external pressure to lower its price

Oct 30, 07 12:05 AM CDT
(Newser) - Having held out on a time-sensitive $6.7 billion offer from Oracle, BEA Systems management now faces a charge to oust them by billionaire shareholder Carl Icahn, who wields a massive 13.2% stake in the company, the AP reports. BEA says it will not entertain any offer that values... More »

MORE ABOUT:
Carl Icahn • Oracle • BEA Systems

Oracle Drops $6.7B Offer for BEA Buyout

Software giant says renewal not impossible, but highly unlikely

Oct 28, 07 11:51 PM CDT
(Newser) - Software mogul Oracle made good today on its threat to drop a $6.7 billion offer to buy BEA systems, after the latter failed to meet the October 28 deadline. Oracle said BEA shareholders should "not assume" it will renew the offer, though it did not rule out the... More »

MORE ABOUT:
Carl Icahn • mergers and acquisitions • Oracle • BEA Systems

1 - 20 of 25 Stories | 1 2 Next >>


from our news partners