Oracle, one of the world's biggest software companies, on Thursday posted fiscal second-quarter earnings that grew 28% year over year. It's the latest sign that companies are spending more on technology.
Facebook founder Mark Zuckerberg and sixteen other billionaires have recently signed on to The Giving Pledge, a philanthropic campaign that commits them to give at least half of their fortunes to charity.
Hewlett-Packard'sfiscal fourth-quarter profit rose 5.2% as the world's biggest computer maker saw increased demand for high-margin products such as servers and networking and storage equipment that offset lackluster consumer demand for PCs.
Before taking over the top spot at Hewlett-Packard, Leo Apotheker was CEO of SAP, the German business-software maker now on trial over corporate espionage allegations from Oracle. But HP says Apotheker won't testify at the trial.
German software company SAP has agreed to pay its larger competitor, Oracle, $120 million to partially settle allegations of intellectual-property theft. But it's only the first part of the settlement; you can expect more to come.
Jury selection for a major copyright case involving Oracle and its smaller competitor SAP started in Oakland, Calif., on Monday, marking the beginning of a trial between the two software rivals that's been more than two years in the making
Shares of SAP fell Wedneday after the German software company's third-quarter profit grew less than analysts had expected. Sales beat Wall Street expectations, growing 20% year over year, but net income rose only 12% on lower margins.
In a trial that starts Monday, Oracle CEO Larry Ellison says he intends to prove that incoming Hewlett-Packard chief executive Leo Apotheker stole ideas from Oracle in his previous position as head of European competitor SAP.
Days after Oracle CEO Larry Ellison urged the entire board of Hewlett-Packard to "resign en masse right away," former General Electric CEO Jack Welch has jumped on the diss-HP's board bandwagon. The criticism comes in the wake of HP's hiring of Leo Apotheker as CEO. "Who are these board members?" Welch asked.
Oracle CEO Larry Ellison doesn't think highly of Hewlett-Packard's board. In fact, he thinks the entire board should resign -- pronto. Why? Because "the madness must stop," Ellison said, referring to HP's hiring of Leo Apotheker, a former chief of German software giant SAP
Oracle Corp. Co-President Mark Hurd, who was brought aboard by the software giant after leaving his CEO post at Hewlett-Packard Co. last month amid controversy, unveiled four new versions of the company's Exadata storage servers at Oracle's annual customer conference in San Francisco today, the Wall Street Journal reported.
Wells Fargo analyst Jason Maynard expects Oracle shares to keep growing in the next 12 months as the result of its acquisition of Sun Microsystems earlier this year. The company is scheduled to report its earnings Thursday.
Big Blue isn't bullish on Hewlett-Packard. IBM CEO Samuel J. Palmisano launched a verbal barrage Tuesday at its Silicon Valley rival, criticizing HP's expensive 3PAR purchase, its handling of the ouster of scandal-tarnished CEO Mark Hurd, and its overall strategy.
Now that Oracle CEO Larry Ellison has HP's Mark Hurd, he could be getting ready to make his next move -- and go for all of HP. Sounds crazy, but at least one respected tech analyst thinks it'll happen. And he notes that Ellison is used to winning.
It might be a scandal. Or an illness. Or the CEO could simply quit. Regardless of the cause, major companies can't afford to wait until a sudden crisis dictates the search for a new CEO. Korn/Ferry's Ana Dutra explains.