Mr. Ellison’s 25 percent stake in the company — and dual role as chairman and chief technology officer — ensure he’s far from relinquishing control, Robert Cyran of Reuters Breakingviews writes.
The top job at the database giant will be shared by Mark V. Hurd, now co-president, and Safra Catz, who is co-president and chief financial officer.
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.
Yes, it is that time of year again - OpenWorld is here!
My focus continues to be: Cloud Applications, Cloud Computing, Mobile Computing and Big Data.
There will be some very exciting & game-changing announcements that I got a preview of at the ACE Director briefings last week.
As is customary, here is my list of sessions you may not want to miss:
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.
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.