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Technology Stocks : Oracle Corporation (ORCL)
ORCL 97.06+0.6%4:02 PM EDT

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From: Sr K7/12/2019 12:48:19 PM
   of 19075
Oracle Loses Legal Challenge To Pentagon's $10 Billion Cloud Contract

12:25 PM ET 07/12/2019
BY MT Newswires

Oracle argued that the contract violated procurement laws after it failed to meet certain "gate criteria" that were set as part of the JEDI acquisition process. Oracle questioned the rationality of the criteria, but the judge said the department was within its rights to establish the gates.
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