Investor AM: Ellison Inc.?
A lot of Oracle Corp. (orcl) analysts sounded like amateur psychiatrists after the company lost Executive Vice President Gary Bloom.
A lot of Oracle Corp. (orcl) analysts sounded like amateur psychiatrists after the company lost Executive Vice President Gary Bloom.
A downgrade for networking-equipment companiesand a key executive's departure from Oracle sendthe Nasdaq plummeting at midday Monday. Full story.
PeopleSoft reported a strong second quarter and said full-year results could be up slightly. Analysts were pleasantly surprised by the results but said the company was showing signs of economic damage.
Sen. Orrin Hatch has gathered Microsoft critics for a moment in the high-tech sun.
SINGAPORE--Oracle expects up to 20 percent of its applications business in the Asia-Pacific region, including Japan, to be delivered online in the fiscal year ending May 2002. With online delivery, customers can pay for Oracle's e-business software--including enterprise resource planning, customer relationship management and supply-chain management--over a two- or four-year period, and at a fraction of the full license fee.
Strong gains from Siebel Systems, IBM and Oracle helped keep Wednesday's interest-rate cut euphoria alive at midday Thursday, as the Nasdaq tacked on another 2 percent to Wednesday's 8 percent leap. The tech-heavy index rose 40.
(Editor's note: W. Brian Arthur is a former Stanford University professor who has studied the economics of high technology for the past 18 years.
New Internet Computer Co., a closely held San Francisco company owned by Larry Ellison, will unveil a $199 machine that is designed to do little more than surf the Web and send e-mail.
On Thursday, amid rumors that Oracle Corp.'s (orcl) chief financial officer had quit, the company's stock appeared to have dropped to $22.
Shares of Oracle Corp. (orcl) were down 8 percent Thursday morning on rumors around Wall Street that CEO Larry Ellison was either dead or resigning, and that CFO Jeffrey Henley was also resigning.