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Industry News Feed

Industry News, Larry Ellison and the Oracle Corporation resources, news, and support articles.

Larry Ellison Stepping Down as Chief of Oracle

The top job at the database giant will be shared by Mark Hurd, currently co-president, and Safra Catz, who is co-president and chief financial officer.

Oregon: State Sues Over Health Website

The state sued Oracle America Inc. and six of its top executives, accusing the software giant of fraud for failing to deliver a working website for the Affordable Care Act program.

Seattle Takes Oracle's Cloud

Oracle is kicking off a 100-person engineering facility in the city, which is continues its rise as the world’s center of cloud computing, moving from infrastructure to applications.

Oracle's Deal Won't Do Much for Its Cloud Computing Efforts

Micros still gets the vast majority of its revenue from sales of less sexy hardware and services, making the deal is more of an add-on for Oracle rather than a supercharged foray into cloud computing, writes Kevin Allison of Reuters Breakingviews.

Oracle to Buy Micros Systems for $5.3 Billion

The deal for Micros Systems, a maker of software for restaurants and hospitality providers, is Oracle’s biggest since the takeover of Sun Microsystems five years ago.

Oracle's Database of Youth

Lawrence J. Ellison, Oracle’s chief, has positioned the new version of his flagship database as a great marriage of stability and change from a company now worth more than IBM.

More Scrutiny, Still Spectacular

Executive compensation boards are growing more independent and rewards are increasingly tied to results. But C.E.O. pay remains enormous.

Falling Price of Shares Creates Risk at Salesforce

Some analysts say the cloud-computing juggernaut is overly reliant on stock-based pay and that a prolonged slump in its share price could harm the health of its core operations.

Oregon: Suit Sought Over Health Site

Gov. John Kitzhaber asked the state attorney general to sue the company that built the state’s online health insurance enrollment system, the failure of which resulted in multiple investigations.

Prosecutors Trail Grants Used for Site In Oregon

Grand jury subpoenas demanded all records, including email correspondence and memos related to federal funds that might have been used in developing, building or administering the state’s website.

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