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Apple COO Cook to take the HP helm?

What kind of fool would leave Apple's second-in-command job to run Hewlett-Packard? Probably not chief operating officer Tim Cook, but that is the rumor running around the Intertubes right now, and it has spooked Wall Street. HP is hosting its financial analysts meeting in Palo Alto this afternoon, local Silicon Gulch time, and …
The Register breaking news

What does the Hurd mentality bring to Oracle?

It's going to be a long time before Oracle can take on the likes of HP and IBM for the IT-market crown. But before he retires, you can bet Larry Ellison's last billion bucks that he most surely wants to become the dominant systems supplier in the data center. This goal is not as unattainable as it might seem, especially now that …
cloud

HP dubs Oracle 'bitter antagonist' in Itanic spat

Hindsight is always at least 20/20. But sometimes it is 20/15 or even 20/10. Maybe Hewlett-Packard should have bought the server and storage business from Sun Microsystems and argued to keep Solaris and let Oracle eat Java, which is what the company really wanted to get ahold of once it became clear that IBM was not going to buy …
The Register breaking news

Ex-Sun boss gives Ellison open source wedgie

Former Sun Microsystems chief and co-founder Scott McNealy has re-appeared to champion open source and rough up billionaire Larry Ellison, the man who bought his baby. Speaking at PostgreSQL West 2010, McNealy urged devs to drive adoption of their database against Oracle's proprietary products and MySQL by working with other …
Gavin Clarke, 04 Nov 2010
Larry Ellison

Ellison rules out M&A breather

Oracle loves buying companies and it simply can't break/won't break the habit. It's got ambitious growth targets to meet and rivals' market share to take. Chief executive Larry Ellison and president and chief financial officer Safra Catz today re-committed the company to more mergers and acquisitions to help it hit its goal of …
Gavin Clarke, 27 Jun 2007
Oracle

Spending slowdown hits Oracle third quarter

Oracle's third quarter has proved even a rapacious acquisition strategy can't render you immune to a slow down in customer spending. Sales of Oracle's software scraped in at the low end of its expectations stated in December: 16 per cent, compared to the anticipated range of between 15 and 25 per cent for the three months to …
Gavin Clarke, 27 Mar 2008

Sun proxy details its dating game

You've been curious about the back story when Sun Microsystems, as Intel chief executive officer Paul Otellini succinctly put it, "shopped around the Valley and around the world." And now, thanks to the Securities and Exchange Commission and the preliminary merger proxy statement Sun has to file by law as part of Oracle's …
The Register breaking news

Peoplesoft eats at Oracle profits

Profits at database giant Oracle fell in the third quarter to $540m compared to net income of $635m in the same period of last year. Post-acquisition costs related to Peoplesoft are blamed for the fall Turnover for the three months ended 28 February was up to $2.95bn from $2.51bn. But Oracle shares fell slightly because Wall …
John Oates, 23 Mar 2005
The Register breaking news

Sun rallies investors despite possible Oracle blocker

The wheels are rolling on Oracle's $5.6bn proposed purchase of Sun Microsystems, despite the prospect of a legal challenge later this month. Sun has named July 16 as the date for the company's stockholders to attend a special meeting at its Santa Clara, California campus to vote on what it's optimistically called a "merger." In …
Gavin Clarke, 08 Jun 2009
The Register breaking news

PeopleSoft customers learning to love Oracle

PeopleSoft customers are getting more comfortable with the idea of an Oracle takeover - at least they are according to Oracle's co-president Charles Phillips. Speaking at the opening of Oracle's customer jamboree OpenWorld in San Francisco Phillips said: "A lot of opinion of this deal has changed. We're reaching out to these …
John Oates, 08 Dec 2004
The Register breaking news

HP strikes back at Oracle with SAP CEO pick

Let's see, now. If I was a big Oracle partner and I really wanted Larry Ellison to go ballistic, what's the worse thing I could do? How about elect the former CEO of SAP – one of his most hated rivals – as my CEO? Well, that's what Hewlett-Packard has done in what looks an awful lot like a strike back at Ellison after he …
Gavin Clarke, 01 Oct 2010
cloud

Five months at Oracle enough for CFO

Greg Maffei has become the latest CFO to last less than a year at database giant Oracle. Maffei, who ran Microsoft's vast and swelling finances between 1997 and 2000, is leaving to follow a "terrific personal opportunity" after just five months at Oracle. Maffei follows Harry You, who left in March after eight months in the …
Gavin Clarke, 03 Nov 2005
channel

Sun admits Oracle didn't want the hardware biz

Oracle's management has been putting a positive spin on its proposed $5.6bn purchase of Sun Microsystems. Chief executive Larry Ellison - a man with an Ahab-like obsession for hardware appliances - has said the deal potentially makes Oracle the Apple of enterprise systems. Elsewhere, management has been dancing around the fact …
Gavin Clarke, 12 May 2009
arrow pointing up

King Larry launches Oracle-Sun combo at Big Blue, Cisco

It was not a very auspicious beginning to the merger of two tech giants. Oracle just couldn't seem to get its phone lines and Webcast in order to do the actual announcement of its $5.6bn acquisition of server maker Sun Microsystems. Oracle Needs Sun Servers Or, perhaps this explains it all. I guess Oracle needed some Sun …

Did Hewlett-Packard overreact on Hurd's Fishergate?

After its tumultuous time under president and chief executive Carly Fiorina followed by the journalist spying scandal that cost chairman Patricia Dunn her job, you can't blame Hewlett-Packard's board for being a little jumpy about a sex scandal and padded expenses. Or maybe you can, especially if cutting the cord on CEO, …
The Register breaking news

Oracle's Q2 leaves Wall Street wanting more

Oracle today learned that buying double-digit growth doesn't impress investors like it used to. The insatiable software maker did its best to wow shareholders with a 26 per cent rise in second quarter revenue to $4.2bn. Net income surged as well, hitting $1.17bn on a 20 per cent year-over-year rise. The results were aided by …
Ashlee Vance, 19 Dec 2006
The Register breaking news

Oracle sends pesky PeopleSoft brass packing

Oracle has canned four PeopleSoft executives, including the company's CFO, as it marches on with the $10.3bn acquisition. Oracle whacked PeopleSoft CFO Kevin Parker, co-president W. Phillip Wilmington, chief marketing officer Nanci Caldwell and general counsel James Shaughnessy. These moves, revealed in a PeopleSoft filing with …
Ashlee Vance, 31 Dec 2004
The Register breaking news

Oracle razzle-dazzles Wall St with recession performance

In the musical Chicago, attorney Billy Flynn shows client Roxy Heart how to razzle dazzle a jury to prove she's the naïve victim of "liquor and jazz". Larry Ellison seems to have watched and learned. On Tuesday Oracle mounted a production of its own during a call with Wall Street, drawing on some familiar dramatic devices to …
Gavin Clarke, 24 Jun 2009
The Register breaking news

She should get out more

The last time I wrote about the marketing shenanigans that companies get up to I was castigated by one correspondent who claimed that this was not analysis. True — but it is informed comment — and analysts are probably better positioned to see, and point out, the murkier side of marketing than most other people. Here is a case …
Philip Howard, 19 Apr 2006
The Register breaking news

Oracle's Q2 nicked by income drop

Oracle failed to impress investors with a second quarter that saw profits decline and currency effects punish the company's bottom line. The database maker posted revenue of $3.3bn – a solid 19 per cent year-over-year increase. Net income, however, dipped 2 per cent to $798m. Part of the disappointing results could be …
Ashlee Vance, 16 Dec 2005
The Register breaking news

Electric shock game controller on the way

A game controller that gives you electric shocks is being developed by Mad Catz in the US. There isn't a press release and the office hasn't woken up yet (that's Californians for you) but the New Scientist has reported it, so it must be true. Following on from the controllers that fight against you while playing (thus making it …
Kieren McCarthy, 08 Jun 2001
channel

Oracle CFO exits as fight for Retek heats up

Oracle's CFO, Harry You, is leaving the company a mere two months after the database giant acquired Peoplesoft and just as its battle to acquire Retek is heating up. You, who had only worked for Oracle for eight months, is joining BearingPoint as CEO, replacing interim boss Rod McGeary. Oracle's co-president Safra Catz will pick …
Lucy Sherriff, 18 Mar 2005
The Register breaking news

PeopleSoft defends poison pills

David Duffield, PeopleSoft founder and acting-CEO, said the firm might have considered the Oracle takeover bid more seriously if terms had been different. Testifying in a Delaware court, he said that the bid offer might have been accepted if some terms had been dropped - and if Oracle had been serious about selling and …
John Oates, 13 Oct 2004
globalisation

Sun and Oracle: End of a beautiful dream

Sun Microsystems' soon-to-be ex-chief executive has been painting his company's acquisition by database giant Oracle in positive tones. Jonathan Schwartz called the proposed $5.6bn deal a "fantastic day for Sun's customers, developers, partners and employees across the globe". It will also "redefine" important boundaries in IT …
Gavin Clarke, 21 Apr 2009
The Register breaking news

Oracle trial won't call PeopleSoft boss

Oracle will not call PeopleSoft CEO Craig Conway as a witness in the antitrust trial brought by the US Department of Justice. The DoJ is concerned that a merger between Oracle and PeopleSoft would lessen competion in the market and lead to higher charges for businesses. PeopleSoft has rejected Oracle's offers. Attorneys for …
John Oates, 29 Jun 2004
cable

Oracle is still serious about acquiring PeopleSoft

How many Oracle executives does it take to assure the world at large that it still wants to acquire PeopleSoft? Three. Without leisure suit Larry around, Oracle on Monday was forced to turn to a trio of other hands for a momentum building exercise. Safra Catz, Jeff Henley and Chuck Phillips held a conference call to tell …
Ashlee Vance, 25 Nov 2003