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.
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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
More than 120 companies, from Apple to Zynga, filed an impassioned legal brief condemning US President Donald Trump’s executive order on immigration, stepping up the industry’s growing opposition to the policy. The amicus brief was filed late
President-elect Donald Trump invited technology leaders to a discussion next week in New York where Silicon Valley will begin building relationships with an incoming administration it initially distrusted and mostly criticised. Oracle co-CEO
If you ask me, we hear too much from those who sell technology and too little from those who use it. They certainly get the opportunities at numerous closed-doors corporate meetings, where the people selling do all the listening