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.
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.
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.
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.
Executive compensation boards are growing more independent and rewards are increasingly tied to results. But C.E.O. pay remains enormous.
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.
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.
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.
For years, Linux has enjoyed the backing of a range of big tech companies. How has Linux flourished while other open-source efforts have begged for resources?
So much for getting executive compensation under control.