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Oracle expects EU to approve Sun deal next month (AP)

Oracle expects EU to approve Sun deal next month

Technology / Business

created Dec 17, 2009 | popularity not rated yet | comments 0

(AP) -- Oracle Corp. said Thursday that its profit jumped 12.5 percent in the latest quarter and that it expects the European Union will finally approve its $7.4 billion purchase of Sun Microsystems Inc. ...


EU regulators softening stance on Oracle-Sun

Technology / Business

created Dec 15, 2009 | popularity 5 / 5 (1) | comments 1

(AP) -- European Union regulators appear to be softening their opposition to Oracle Corp.'s proposed $7.4 billion takeover of Sun Microsystems Inc., a shift that has resurrected some investors' hopes that one of the year's ...


Cars drive towards the Oracle world headquarters in Redwood Shores, California

Brussels welcomes Oracle's concessions in Sun bid

Technology / Business

created Dec 14, 2009 | popularity not rated yet | comments 0

The EU's competition watchdog on Monday welcomed concessions made by US business software giant Oracle over its bid for Sun Microsystems, saying the deal is now likely to be approved.


EU antitrust chief slams senators on Oracle deal

Technology / Business

created Dec 08, 2009 | popularity 3 / 5 (2) | comments 4

(AP) -- The European Union's antitrust chief said Tuesday that U.S. senators who pressed her to approve Oracle Corp.'s takeover of Sun Microsystems Inc. should stop interfering in Europe's affairs and prioritize U.S. health ...


Senators press EU to speed its Oracle-Sun probe

Technology / Business

created Nov 24, 2009 | popularity not rated yet | comments 0

(AP) -- U.S. senators are pressuring European antitrust regulators to hurry their investigation of Oracle Corp.'s proposed acquisition of Sun Microsystems Inc., citing Sun's "precarious" financial condition and fears about ...


EU extends Oracle/Sun review deadline until Jan 27

Technology / Business

created Nov 20, 2009 | popularity 3 / 5 (1) | comments 0

(AP) -- European Union regulators said Friday that they have extended until Jan. 27 a deadline to wrap up their antitrust review of Oracle Corp.'s planned $7.4 billion takeover of Sun Microsystems Inc.


Microsoft's cloud computing system is growing up

Technology / Software

created Nov 17, 2009 | popularity 2.5 / 5 (10) | comments 2

(AP) -- Microsoft Corp. leads its industry in part because a vast army of outside computer programmers design software that only runs on its Windows operating system. Now, the company is fighting to keep those programmers ...


Hewlett Packard to buy 3Com for $2.7B (AP)

HP's 3Com takeover marks a shot at Cisco

Technology / Business

created Nov 11, 2009 | popularity not rated yet | comments 0

(AP) -- Hewlett-Packard Co.'s $2.7 billion takeover of 3Com Corp. is a shot at networking leader Cisco Systems Inc. - and a sign of how old relationships are being frayed by a flurry of maneuvers by technology ...


EU objects to Oracle's takeover of Sun (AP)

EU objects to Oracle's takeover of Sun

Technology / Business

created Nov 09, 2009 | popularity 5 / 5 (5) | comments 0

(AP) -- European antitrust regulators have formally objected to Sun Microsystems Inc.'s planned $7.4 billion sale to Oracle Corp., escalating a battle over a deal that has already been cleared in the U.S.


Sun CEO's pay package cut by a third in '09 (AP)

Sun CEO's pay package cut by a third in '09

Technology / Business

created Oct 29, 2009 | popularity not rated yet | comments 0

(AP) -- The value of Sun Microsystems Inc. CEO Jonathan Schwartz's latest pay package dropped 37 percent from last year as the company lost more than $2 billion and was in such dire financial shape that it ...


Sun Microsystems logo

Sun cutting up to 3,000 jobs as awaits Oracle deal

Technology / Business

created Oct 20, 2009 | popularity not rated yet | comments 0

(AP) -- Sun Microsystems Inc. plans to eliminate up to 3,000 jobs, or 10 percent of its worldwide work force, as it awaits a takeover by Oracle Corp., a deal being held up by antitrust regulators in Europe.


Oracle's Larry Ellison to IBM: 'make our day'

Technology / Business

created Oct 15, 2009 | popularity not rated yet | comments 0

(AP) -- Larry Ellison ratcheted up his rhetoric against IBM Corp. on Wednesday, challenging Oracle Corp.'s longtime partner and rival to "make our day" in a battle over business software performance.


Ahead of the Bell: Brocade shares jump

Technology / Business

created Oct 05, 2009 | popularity not rated yet | comments 0

(AP) -- Shares of Brocade Communications Systems Inc. jumped in premarket trading Monday after a report the network gear and data storage company is up for sale.


Tech industry takes unlikely lead on reforming executive pay

Technology / Business

created Oct 02, 2009 | popularity 1 / 5 (1) | comments 0

Technology companies are hardly the most prominent villains in the ongoing drama over exorbitant executive pay.


Oracle shares slip after 1Q revenue disappoints (AP)

Oracle shares slip after 1Q revenue disappoints

Technology / Business

created Sep 17, 2009 | popularity not rated yet | comments 0

(AP) -- Shares of Oracle Corp. slipped in premarket activity Thursday after the information technology company reported sales fell below analyst expectations in the latest quarter, showing that businesses ...