Last week, Oracle CEO Larry Ellison reversed his initial claims that cloud computing is "complete gibberish," saying the tech giant would soon begin carving out its own niche in this new frontier.

In a classic shot-from-the-hip statement, Ellison set his sights on smaller competitor Salesforce.com, a competitor in customer relationship management (CRM).

To read the entire article at its source, please refer to Salesforce unfazed by Oracle competition in cloud computing