We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

   Technology StocksOracle Corporation (ORCL)

Previous 10 
From: Sr K3/27/2018 2:49:53 PM
   of 19072

A federal appeals court revived Oracle’s copyright infringement claims against Google, in a ruling that could give fresh muscle to leading software makers but hamper upstarts developing new apps for computers and smartphones.

Share RecommendKeepReplyMark as Last Read

From: Sr K7/12/2019 12:48:19 PM
   of 19072
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.

Share RecommendKeepReplyMark as Last Read

From: Sr K10/18/2019 3:04:20 PM
   of 19072

1:29 PM

Oracle co-CEO Mark Hurd dies at 62

"Mark was my close and irreplaceable friend, and trusted colleague," Ellison wrote in an email to Oracle employees.

"Oracle has lost a brilliant and beloved leader who personally touched the lives of so many of us during his decade at Oracle."

Hurd joined Oracle as co-president in September 2010, a month after he was ousted in a controversial fashion from Hewlett-Packard Co, where he had been chief executive since 2005.


Wedbush Securities Steve Koenig, said he does not see any changes in how the company will be run.

"Safra and Larry have been long-time collaborators and partners in leading Oracle, and the company has a deep bench of sales talent."

Share RecommendKeepReplyMark as Last Read

From: Sr K9/15/2020 12:19:07 AM
   of 19072
8:59 PM


Updated Sept. 14, 2020 8:59 pm

Oracle Corp. is one of the most lucrative but unflashy companies in Silicon Valley, a provider of business software and consulting services. Now, it is poised to become the U.S. partner for TikTok, the smash Chinese social-media app that has become a staple on the smartphones of millions of American teenagers.

The emergence of this oddball alliance is the latest twist in six weeks of negotiations that bear little resemblance to regular deal talks, driven by U.S.-China tensions, commercial rivalries and President Trump’s personal interventions.

TikTok parent ByteDance Ltd. confirmed on Monday it had submitted a proposal to the U.S. government that the Beijing company says would solve the Trump administration’s longstanding security concerns about a Chinese-owned app possessing the data on American users.

Details were scant, and many people close to the deal cautioned that much still needed to be decided and that it could still unravel.

The talks took multiple unexpected turns, and at various times drew in some of the biggest names in global business, including Walmart Inc. Twitter Inc. and Alphabet Inc.’s Google, and featured high-level political maneuvering.

Oracle isn’t believed to be getting a majority stake in TikTok, according to people familiar with the matter, despite Mr. Trump’s demand that it get sold. Instead, ByteDance’s plan involves a series of moves to address the national-security issues without having to either sell the U.S. operations outright or surrender the prized algorithms that power the app and make it so compelling to users, the people said. Some of the people also said Oracle would have access to view the algorithm’s source code and how it works.

Among other things, the ByteDance proposal will involve expanding TikTok’s U.S. offices to become the global headquarters and having Oracle certify the security of the app’s data, the people said.

Share RecommendKeepReplyMark as Last Read
Previous 10