Thfire.com Everyday news that matters Oracle has always given more money and resource to takeovers, acquisitions. Maybe it was their way of eating into the market. But Oracle CEO Larry Ellison said focus on promoting it’s Cloud computing products is the future. The billionaire, who boosted Oracle revenue dramatically over the past decade through a series of purchases, said, however, he would not rule out ... Read More »
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Oracle rejects $272M SAP award!
Oracle today,rejected $272 million award from SAP, says it would rather have another trial over SAP’s theft of software and customer-support documents then accepting the offer. A jury awarded Oracle $1.3 billion in the case in November 2010, but a federal judge cut that amount last September. In a Monday filing in a federal court in Oakland, California, Oracle confirmed ... Read More »
Sun Microsystems not as bright as Sun
Sun microsystems has reported a huge loss which is more compared to the losses it posted last year. Last year the company reported a net loss of $34 million on revenues of $3.27 Billion. This year the loss only seems to have dramatically increased to $201 Million on the revenues of $3.27 billion. This news comes in light of Oracle ... Read More »