Tesla has added Larry Ellison and Kathleen Wilson-Thompson to its board, picking a controversial Silicon Valley luminary and a respected human resources expert to show securities regulators that it’s giving Elon Musk more oversight.
Browsing: Oracle
Apple’s decision to stop reporting how many iPhones it sells landed with a thud. Many analysts complained it was an attempt to hide the pain of a stagnant smartphone market.
Oracle founder Larry Ellison is a big believer in Tesla and defender of his friend Elon Musk.
Oracle has reported sluggish quarterly sales and projected anaemic growth in the current period, signalling it continues to stumble in its transition to cloud computing.
Oracle is named in a lawsuit alleging the company’s executives lied to shareholders when they explained why cloud sales were growing.
US President Donald Trump said he will take a “very serious look” at Amazon.com and what he said is an “uneven playing field” the retailer enjoys against competitors. “I’m going to study it and take a look,” Trump
Google could owe Oracle billions of dollars after an appeals court said it didn’t have the right to use the Oracle-owned Java programming code in its Android operating system on mobile devices. Google’s use of Java
Oracle’s streak of revenue gains continued for a fifth straight quarter, buoyed by corporate demand for cloud-based software. Adjusted sales rose 7% to $9.2bn in the fiscal first quarter, exceeding analysts’ estimates, as sales
Oracle is hiring a thousand employees in Europe, the Middle East and Africa as it expands its cloud computing services in the region. The company is looking for workers with between two to six years
Satya Nadella’s plan to reshape Microsoft as a cloud computing company hit a snag in the third quarter, when lacklustre sales of Surface tablets and weaker demand for corporate software support services kept revenue growth in check. Adjusted sales