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Oracle takes an arrow to the EPS: It's that darned strong dollar... again

Oracle is claiming a $9.3bn haul of revenues, up 4 per cent year-on-year, in its third quarter of fiscal 2014 – but that fell short of Wall Street analyst earnings expectations. The company said that on the quarter it saw GAAP earnings per share of $.56, up 8 per cent and just short of the projected 10 per cent increase. Overall …
Shaun Nichols, 19 Mar 2014

Brit boffin brews INSTANT HANGOVER RELIEF

Professor David Nutt, a boffin who has advised the UK government on drugs policy and now holds the Edmond J Safra chair in Neuropsychopharmacology at Imperial College, London, is brewing a new drug that will replicate the sensations produced by alcohol but also be instantly reversible and not produce hangovers. Speaking to the …
Simon Sharwood, 12 Nov 2013
Oracle's Iron Man 2 ad

Oracle: Our figures say hardware has flatlined, but we assure you it hasn't

Database and wannabe hardware giant Oracle has beat Wall Street expectations after nine disappointing months, and said cloud services are one of its three main growth areas for next year. The company reported its second-quarter results for its fiscal 2014 year on Wednesday, and surprised analysts by stemming the rot in new …
Jack Clark, 19 Dec 2013
The Register breaking news

Apple's head bean counter boasts WORLD'S BIGGEST PACKAGE

Apple's chief financial officer Peter Oppenheimer has been named the best paid corporate bean counter of 2012. According to data from Bloomberg News, the uber-accountant was paid $68.6 million; over an order of magnitude more than the piddling $4.17 million pocketed by his CEO, Tim Cook. Oracle's CFO Safra Catz edged into …
Jasper Hamill, 09 May 2013

It's CLOUD WAR says Larry Ellison: parachute in the sales team

Larry Ellison has promised to bring holy price down upon the heads of cloud computing infidels. Microsoft, Amazon, Rackspace and Salesforce are all on notice: Ellison’s database giant will take them on, in infrastructure, platform and on apps. Ellison told Wall St on Wednesday he will be “price competitive” with Amazon’s AWS, …
Gavin Clarke, 20 Dec 2013

Oracle posts flat revenues on slow software sales

Oracle execs were quick to talk up the company's cloud efforts during its Q4 2013 earnings call on Thursday, but slow software sales disappointed investors and sent Oracle's shares tumbling in after-hours trading. Total revenues for the fourth quarter of Oracle's fiscal 2013 were flat at $10.9bn when compared to the same period …
Neil McAllister, 20 Jun 2013
The Register breaking news

Four Apple execs among US top five best-paid in 2012

Four the top five highest-paid executives in the S&P 500 last fiscal year were Apple senior managers – and CEO Tim Cook was not among them. According to a Bloomberg report on Monday, Apple's board of directors are apparently quite eager to keep their top team members happy – and, more importantly, to keep them from straying off …
Rik Myslewski, 15 Apr 2013
The Register breaking news

Technology tops Forbes list of 100 most powerful women

The latest list from Forbes of the 100 most powerful women on the planet suggests that the technology industry is leading the way in promoting sexual equality, contributing 15 per cent of the spots overall and a quarter of the top 20 positions. The technology industry contributed more names to the list (see below) than any other …
Iain Thomson, 24 Aug 2012
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Oracle chief bean-counter mysteriously quits database giant

Software maker Oracle has let go of its chief finance officer, Jeff Epstein, without revealing why the exec had resigned from the company. He has been replaced by the firm's current president Safra Catz. Epstein, who had reported to Catz during his tenure, only joined Oracle in September 2008. The company confirmed Epstein's …
Kelly Fiveash, 26 Apr 2011
Larry Ellison

Oracle's hardware wing keeps on bleeding

Oracle's shares dropped 7 per cent in after-hours trading in response to an quarterly earnings report that showed muted adoption for its latest software offerings and a continued shrinkage in its troubled hardware division. The database giant reported on Wednesday third quarter earnings of $2.504bn on revenues of $8.958bn – down …
Jack Clark, 20 Mar 2013

Oracle's Ellison wanted an NBA team for Xmas - instead he got Eloqua

Larry Ellison has made no secret that he wants to own a professional basketball team. Now he owns a company called Eloqua, which does the marketing for some NBA teams and about 1,200 large corporations. While that is not quite the same thing, Borg'ing small, nice software companies is certainly more Oracle's game than owning any …

Ellison: Oracle will grow hardware biz soon

It is hard to watch the continuing decline in the Oracle systems business and not be concerned, but that is precisely what Oracle co-founder and CEO Larry Ellison wants you to do. Oracle is focusing on making the Sun businesses it has pruned (as distinct from the ones it has culled) profitable, and will worry about growth later …
The Register breaking news

Google offers Oracle slice of Android profits for patents

Google has proposed terms its on-going patent spat with Oracle over Java's contribution to Android by offering Ellison's crew a payment for past infractions and a miniscule slice of further revenues from the operating system, should Google be found to be in violation. According to court papers (PDF) filed on Tuesday, Google is …
Iain Thomson, 28 Mar 2012
The Register breaking news

Oracle rejects Google's man for mediation

We didn't really expect Larry Page to take two full days out of the Googleplex to sit down and talk about patent infringements with the software company Oracle – he's got maths to do, nerds to manage and Google+ updates to write. But Google could have come up with someone a bit senior to meet the mediation team from the enraged …
Anna Leach, 08 Sep 2011
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Microsoft 'paid over £1m to silence UK exec over sexism'

Microsoft has been accused of paying a senior executive over a million pounds in a settlement to silence claims that she was passed over for promotion to the head of Redmond’s UK operations. An anonymous source told The Daily Telegraph that Natalie Ayres had been passed over for the top job in 2006, despite her 15 years with the …
Iain Thomson, 19 Sep 2011

Oracle and SAP are Big Software, but for how long?

When Oracle announced disappointing third-quarter results in March 2013, executives at the company were quick to blame poor sales execution for a two per cent decline in new software licences and cloud software subscriptions. It wasn't a symptom, they insisted, of underlying problems with the company’s product portfolio - or …
The Register breaking news

Round two for Larry vs Larry Java face-off

The two Larrys will be back in mediation tomorrow, after a day of talks failed to come to any resolution in the Oracle versus Google case over Java patents. Ellison and Page, Oracle and Google CEOs respectively, were ordered to resolve their differences in front of a federal judge in California on 19 September, and will be back …
Larry Ellison, photo by Oracle Corporate Communications

Oracle gears up for infrastructure cloud and 12c database launches

Larry Ellison has let the cat out of the bag about some announcements that Oracle is making at OpenWorld in San Francisco. The much-awaited Oracle 12c database is coming in two weeks, as is an infrastructure cloud service for the Oracle Cloud, he announced on Thursday. Oracle 12c will sport features for secure multi-tenancy …
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'Special relationship': Oracle bags UK.gov contract renewal

Database giant Oracle has bagged a renewed contract to supply its technology to Whitehall in a deal that the Cabinet Office claimed would save £75m for taxpayers by 2015. The California multinational is one of the biggest provider's to government, Francis Maude's department said when announcing the agreement this morning. It …
The Register breaking news

Two Larrys to go head-to-head in Google-Oracle case

It's on: Ellison versus Page. The top executives of Oracle and Google have been ordered to get in a room together and try to resolve their multi-billion-dollar Java patent clash like grown-ups, face to face. The Larrys must show up on September 19 at 9am Pacific time, a US magistrate has said in a written court order. The Oracle …
Gavin Clarke, 12 Sep 2011
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Oracle's Africa dealings under FBI, SEC, DoJ investigation

Oracle is reported to be under investigation by the US authorities for breaking federal anti-bribery laws in Africa. The FBI field office in Washington, fraud prosecutors in the Justice Department's criminal division, and attorneys for the Securities and Exchange Commission (SEC) are reported to be looking into sales of Oracle …
Gavin Clarke, 31 Aug 2011
For Sale sign detail

HP's Hurd set to join Oracle

Mark Hurd, pushed from the top job at HP after allegations of sexual harassment and misfiling of expenses, is about to get a board post at Oracle. Although neither the company nor its founder Larry Ellison would comment on the record a vote is expected within the next few days, according to both the FT and the Wall Street …
John Oates, 06 Sep 2010
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Oracle systems group slammed again in Q3

Oracle has gotten its software business back on track and is fixing to get its systems house in order soon as well, the top brass at the software giant and hardware maker have declared. In the financial quarter ended on leap day, Oracle's sales rose by 3 per cent to $9.04bn, driven by higher than expected sales of new software …
Shot of HP CEO Mark Hurd at press conference

What is Mark Hurd working on?

Blocks and Files Look, this is off the wall, and I'm putting together an absence from the public eye and thoughts from a couple of sources - and maybe wishful thinking - but, here we go; what is Mark Hurd working on at Oracle? The Hurdster has been absent from public engagements for a couple of months it seems. He gets recruited …
Chris Mellor, 16 Mar 2011
cloud

Oracle defies the economy – and the curse of Sun

Declining hardware sales, a rocky global economy, and a tough compare with the prior quarter did not slow down Oracle much in its first quarter of fiscal 2012 ended August 31. But these factors did slow it down a little. However, it was not enough to keep Oracle's profits from rising nicely as the company wrings costs out of the …
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HP threatens Oracle with legal action for jumping Itanic

HP has threatened legal action in response to Oracle's recent decision to withdraw support for its software on future Itanium processors. In his keynote address at HP's Discover 2011 event in Las Vegas today, Martin Fink – senior vice president and general manager of HP's Business Critical Systems unit – hinted that HP will soon …
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HP sics Spaniards on Larry Ellison

Hewlett-Packard's legal fight with Oracle over Intel's Itanium processor has now landed in Spain. On Friday, La Comisión Nacional de la Competencia (CNC), the Spanish antitrust authority, released a statement saying that it had launched for formal investigation into Oracle's decision to cease development of its database, …
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HP sues Oracle over Itanic withdrawal

Hewlett-Packard has sued Oracle, just like it threatened it might last week, over the software giant's refusal to support the Itanium processor with future releases of its database, middleware, and application software. The complaint, filed in Santa Clara County Superior Court on Wednesday, asserts ten grievances against HPs …
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Oracle hammered as hardware sales soften

Software behemoth and systems player Oracle missed its projections for both hardware revenues and new software license sales in its second quarter of fiscal 2012. While Oracle was facing a very tough compare, the miss is something that will make Wall Street and the rest of the IT community jittery for a spell – at least until …
The Register breaking news

Oracle rolls its own NoSQL and Hadoop

There's no shortage of ego at Oracle, as evidenced by the effusion of confidence behind the company's OpenWorld announcement of the not-so-humbly named Big Data Appliance. And then there were the o'erweening keynote presentations by some of the software giant and systems player's top brass on Monday, which included a montage of …
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Oracle fails to convince MySQL doubters

Oracle has failed to persuade the European Commission that it will provide a safe home for MySQL. The Commission is currently looking at Oracle's takeover of Sun, and has previously said it is especially worried about the fate of free database MySQL. A spokesman for Competition Commissioner 'Steelie' Neelie Kroes said the …
John Oates, 22 Oct 2009
The Register breaking news

Oracle power couple take Manhattan by billboard

A bizarre series of billboards have appeared in Manhattan, featuring the grinning mugs of Oracle president Charles Phillips and partner YaVaughnie Wilkins. The posters feature a touchingly romantic message - from "c.e.p," aka Phillips - complete with an incredibly long URL that invites passing New Yorkers to visit an online …
Gavin Clarke, 21 Jan 2010
The Register breaking news

Ellison taps ex-HP CEO Hurd as Oracle co-prez

Ex-HP CEO Mark Hurd has been named co-president at Oracle. Maybe Charles Phillips, one of the two former co-presidents of software giant and hardware wannabe Oracle, should have spent more time on the tennis courts with founder and CEO Larry Ellison and less time in the office. The strategy seems to have worked well for Hurd. …
The Register breaking news

Oracle to triple Exadata installs this year

Software giant and hardware upstart Oracle has closed out its first ever $10 billion quarter, and the company told Wall Street that it can triple the base of Exadata clustered database systems in its fiscal 2012 year. In the fourth quarter of fiscal 2011 ending May 31, Oracle raked in $10.8bn in revenues, an increase of 13.4 per …
Broken CD with wrench

Hurd to take $950,000 salary after Oracle pay cut

Mark Hurd will take a 25 per cent pay cut to work for Larry Ellison — if HP fails in its legal maneuver to block the Oracle CEO's audacious hire. Ellison has offered HP's former chief a salary of $950,000 as an Oracle president and board member — stratospheric by mortal standards, but down from Hurd's $1.27m take at HP. Hurd …
Gavin Clarke, 08 Sep 2010
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Oracle wants seal busted on HP's Itanium suit

Oracle has called on a California court to publicly reveal the sealed portions of the lawsuit HP brought against the software company over Intel's Itanium processor. HP says its happy to make the documents public, but there's a caveat involving the settlement agreement between the two companies over ex–HP CEO Mark Hurd. Even …
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IBM gets fat on Oracle-HP Itanium spat

With Oracle pulling the rug out from underneath Intel's Itanium processor in an effort to undermine rival HP's Unix-server business, two obvious questions arise: What makes Itanium so special that it has roused the disaffections of the software giant? And why hasn't Big Blue's Power Systems platform been tarred with the same …
The Register breaking news

Oracle expects EC to approve Sun takeover bid

Database giant Oracle expects European Commission antitrust watchdogs to give the thumbs up to the company's multi-billion takeover bid for Sun Microsystems after Christmas. "We expect the European Commission to unconditionally clear the acquisition of Sun in January," said Oracle president Safra Catz yesterday, as the firm …
Kelly Fiveash, 18 Dec 2009
fingers pointing at man

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 …
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HP and Oracle avoid blows over disgraced Hurd

Hewlett-Packard and Oracle have sidestepped their feud over disgraced CEO Mark Hurd on the opening of the database giant's annual OpenWorld conference in San Francisco. HP enterprise business executive vice president Ann Livermore opened OpenWorld in a Sunday evening keynote that emphasized how much business her company performs …
Gavin Clarke, 20 Sep 2010
The Register breaking news

HP sues Hurd to keep secrets from Ellison

Hewlett-Packard has sued disgraced former chief executive Mark Hurd in an effort to stop him joining Oracle. The world's largest PC marker claims that in joining Oracle, Hurd would breach confidentially agreements signed at HP and may reveal trade secrets and confidential customer information. HP – which went to court on …
Gavin Clarke, 07 Sep 2010
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

Oracle cash grows on new licenses, hardware

It looks like Larry Ellison's net worth is set to go up some more. And maybe yours too, if you own Oracle stock. The software giant and recent hardware company turned in its numbers for its third quarter of fiscal 2011 today, and the numbers were solid. Oracle said that overall revenues in the quarter ended February 28 rose by …
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Oracle assures financiers they're not that important after all

Oracle comforted distraught investment bankers yesterday by delivering better-than-expected first quarter profits and pointing out it really doesn’t do that much business in the financial services sector. The database giant turned in revenues up 18 per cent to $5.3bn for the quarter ending August 31, producing a net profit of $1 …
Joe Fay, 19 Sep 2008
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
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Oracle finds future in McNealy's antique jalopy

Oracle's power presidential duo of Charles Phillips and Safra Catz have channeled the spirit of Sun man Scott McNealy to explain their company's four-year, multi-billion dollar acquisition spree. Catz, speaking with Phillips at OpenWorld, said software vendors like Oracle had let customers down for years by shipping "little …
Gavin Clarke, 12 Oct 2009
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
globalisation

Oracle reels in Sun Microsystems with $7.4bn buy

Database giant Oracle has agreed to buy Sun Microsystems for $7.4bn, or $9.5 a share, in cash. The surprise move comes in the wake of IBM walking away from a possible buyout of Sun Microsystems for $6.85bn. Oracle said the boards of both the firms had given the transaction the thumbs up. It’s expected to complete this summer …
Kelly Fiveash, 20 Apr 2009
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
cloud

Oracle defies HP and IBM with 47% revenue leap

If you were thinking that that acquisition of Sun Microsystems was going to drag Oracle down financially, you were wrong. That means you, Hewlett-Packard. And especially you, IBM . In the quarter ended November 30, Oracle's overall revenues were up 47 per cent, to $8.58bn, and not just because of the addition of Sun's hardware, …