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Wednesday, February 8, 2012

Judge dismisses Oracle fraud claim against HP

Posted by Reuters: Business News on January 31, 2012

(Reuters) – A California judge has dismissed a fraud claim brought by Oracle Corp against Hewlett-Packard Co in the bitter legal battle between the two companies over the Itanium platform.



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Oracle falls as slow tech spending hurts business

Posted by Reuters: Business News on December 21, 2011

(Reuters) – Oracle Corp shares dropped 14 percent on Wednesday, a day after the world’s No. 3 software maker’s weak quarterly results and disappointing outlook stoked renewed fears of a slowdown in global tech spending.



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Oracle results shock investors, shares plunge

Posted by Reuters: Business News on

(Reuters) – Oracle Corp’s earnings fell short of Wall Street’s forecasts for the first time in a decade as software and hardware sales sputtered, sending its shares down more than 10 percent and stoking fears a global recession will hurt tech spending.



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U.S. appeals court revives Oracle overtime lawsuit

Posted by Reuters: Business News on December 13, 2011

(Reuters) – A federal appeals court on Tuesday revived a class-action lawsuit against Oracle Corp, basing its ruling on a state court decision that employers in California must pay nonresident workers for overtime work performed in the state.



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Oracle to buy RightNow for around $1.5 billion

Posted by Reuters: Business News on October 24, 2011

(Reuters) – Oracle Corp struck a deal to buy RightNow Technologies Inc for around $1.5 billion, agreeing to pay a nearly 20 percent premium for the cloud-based customer service company.



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U.S. probes Oracle on African deals: report

Posted by Reuters: Business News on August 31, 2011

(Reuters) – U.S. authorities are investigating whether business software maker Oracle Corp’s deals in Africa violated federal anti-bribery laws, the Wall Street Journal reported, citing sources familiar with the matter.



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Oracle seeks billions in lawsuit against Google

Posted by Reuters: Business News on June 17, 2011

SAN FRANCISCO (Reuters) – Oracle Corp is seeking damages “in the billions of dollars” from Google Inc in a patent lawsuit over the smartphone market, according to a court filing.



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Oracle replaces CFO as Safra Catz gets the job again

Posted by Reuters: Business News on April 26, 2011

BOSTON (Reuters) – Oracle Corp has replaced its chief financial officer less than three years after he joined the company, tapping its president Safra Catz to do the job.



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Oracle jumps as outlook points to market share gains

Posted by Reuters: Business News on March 25, 2011

BANGALORE (Reuters) – Shares of Oracle Corp rose 5 percent on Friday, a day after the world’s third-largest software maker forecast solid sales of new business software, signaling strength against…



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Oracle to give early view of software demand

Posted by Reuters: Business News on March 24, 2011

SEATTLE (Reuters) – Oracle Corp is poised to provide fresh evidence of the upward curve of technology spending on Thursday, and to detail its battle plan against emerging competitor Hewlett-Packard…



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