Articles about Safra

Pennies in a jar. Photo via Shutterstock

Stopped buying Oracle's kit? You've literally decimated its profit

Oracle is talking up soaring sales for its cloudy operations – while the IT giant's profit has taken a big hit over the past 12 months. "We dramatically overachieved again in the cloud," gushed co-CEO Safra Catz in a conference call with analysts, putting her bruised revenue and net income figures aside. "As the business grows …
Shaun Nichols, 17 Jun 2016
Larry Ellison and Nikita Khan

That didn't take long: Shareholders sue Oracle in 'fake cloud sales' row

Just days after Oracle was sued by an ex-employee, who accused the IT giant of making up its cloud sales figures, its shareholders are now hauling the company into court. A complaint [PDF] filed on behalf of Oracle stockholders by investor Grover Klarfeld alleges that the database goliath put their investments in the company …
Shaun Nichols, 06 Jun 2016

Goracle latest: Page testifies, jury goes home

Google CEO Larry Page took the stand Thursday in the latest edition of the Chocolate Factory's long-running legal case against Oracle. The Google cofounder was questioned by attorneys from both sides, reiterating his company's argument that the Java APIs developed by Sun and later acquired by Oracle were open tools that Google …
Shaun Nichols, 20 May 2016
Phone thief, photo via Shutterstock

Catz: Google's Android hurt Oracle's Java business

Google’s free distribution of Android damaged Oracle’s business – according to Oracle. The database giant reportedly told a US federal court that giving Android to handset makers for free destroyed the revenue it could have made on licensing Java. Oracle's co-chief executive Safra Catz reportedly told a San Francisco jury …
Gavin Clarke, 18 May 2016
lg_rolly_keyboard_648

Oracle vs Google restarts

Oracle's and Google's armies of lawyerbots are about to boot up, suit up, line up, and restart the tech giants' Bleak House-like lawsuit about copyright over APIs. The latest episode in the world's worst soap opera became inevitable during April, when a mediation meeting between Google CEO Sundar Pichai and Oracle CEO Safra …
Boxers image via Shutterstock

CEO meeting fails to resolve Oracle-versus-Google java case

An epic six-hour meeting between Google Chief Executive Sundar Pichai and Oracle CEO Safra Catz has failed to make a Big Red Java Chocolate Factory, so the two companies will head to court for their retrial. A docket from US magistrate, Judge Paul Grewal, revealed the failed talks, which took place on Friday. The two have …
Carry on Cleo

Oracle whistles happy tune as shadow of AWS bus parks on database lawn

Oracle is brushing off challenges from Amazon Web Services and Microsoft to its core database business as a natural consequence of leadership. Rivals are pouncing to take advantage of the shift from on-prem licensing of software to the cloud, the firm reckoned. “People are coming after us, because we are by far the market …
Gavin Clarke, 16 Mar 2016
Mark Hurd and Safra Catz

Oracle's old hands are supporting the support n00bs who support you

Oracle's remaining experienced support staff have been asked to assist the company's more recent support hires, sources familiar with the matter have told The Register. Oracle workers around the globe responded to our story yesterday in which we reported that Big Red's consolidation of support resources worldwide is nearly …
Simon Sharwood, 08 Mar 2016
Mark Hurd and Safra Catz

Oracle, looks like your revenues were down. 'Cloud! Cloud! Look at the cloud!'

Oracle is pointing to continued growth for its cloud business as the bright side in a quarter that saw the enterprise giant drop revenues slightly, but still top Wall Street expectations. Big Red's fiscal 2016 Q2 numbers ending November 30 were as follows: Total revenues were $8.9bn, down 6 per cent from the $9.5bn haul over …
Shaun Nichols, 17 Dec 2015
Boxers image via Shutterstock

Down and out? Rimini's Oracle slap spells trouble – for Oracle

Comment The odds of paying Oracle top dollar to keep updating your database or business software shortened this week, despite Oracle’s victory over Rimini Street. Larry Ellison’s giant secured $50m in damages from Rimini in a case that has rattled on for five years. $14m of that will be paid by Rimini’s charismatic chief executive, …
Gavin Clarke, 16 Oct 2015
Mark Hurd and Safra Catz

Hurd clings to Oracle’s cloud growth as overall revenue declines

Mark Hurd, joint chief exec at Oracle, has come out as predictably bullish on the company's cloud prospects, stating in an interview that customers can't get enough of its fluffy white stuff. Speaking to The Telegraph, Hurd said compared with 12 or 15 months ago "the customer is more excited about and open to the cloud". He …
Kat Hall, 14 Oct 2015
Mark Hurd and Safra Catz

Oracle: Over here, look over here! At the cloud! No, not at our glum licensing numbers

Enterprise IT giant Oracle is once again pointing to a growing cloud business to gloss over lackluster financial numbers in other parts of its business. Big Red on Wednesday said that its $8.4bn in first-quarter [PDF] revenues (ending August 31) were down 2 per cent over the same period in 2014, when it logged $8.5bn. Earnings …
Shaun Nichols, 16 Sep 2015
Lord Tywin Lannister

John Fowler survives latest chapter of Oracle's Game of Thrones

The confusion over whether John Fowler will remain at Oracle, now that incomer David Donatelli has an executive vice-president role that includes Fowler's responsibilities, is over. Fowler is staying. Oracle spokesperson Deborah Hellinger has told The Reg "with John's continued focus on engineering and with the addition of Dave …
Chris Mellor, 19 Jun 2015
Mark Hurd and Safra Catz

'Oracle, why are your sales f-' CLOUD CLOUD CLOUD, blasts Larry

Investors had their knives out for Oracle once again on Wednesday after the database giant's fourth-quarter results missed analysts' estimates on both earnings and revenue. The report capped off a disappointing year for Oracle, one in which its total revenue for the twelve months was flat from the previous year, at $38.23bn. …
Neil McAllister, 17 Jun 2015
No Sale

Salesforce snubbed Microsoft's $55bn biz gobble offer – report

Microsoft wanted to buy cloud giant Salesforce.com for $55bn, it is reported. CNBC, citing anonymous sources, today claims the Windows goliath offered the 11-figure sum to Salesforce, but boss Marc Benioff wanted $70bn – a whopping price tag that ultimately sunk the deal. Salesforce has a market cap of $48.48bn. The talks …
Shaun Nichols, 22 May 2015
David Donatelli

Oracle boat picks up ex-HP hardware man Donatelli

HP exec David Donatelli has followed Mark Hurd to Oracle, and taken up an exec veep position related to hardware, according to Business Insider, citing numerous sources. Donatelli was the EVP in charge of HP's enterprise systems business when Meg Whitman appeared as HP head honcho to replace the ousted Hurd. Hurd went to Oracle …
Chris Mellor, 31 Mar 2015
Larry Ellison

Oracle in dollar bother – but Larry's in a fighting mood over cloudy future

Larry Ellison appears unbothered by Oracle's third-quarter revenues remaining flat at US$9.3bn, despite that sum disappointing financial analysts. Big Red revealed its recent results today, and GAAP net income for the three-month period ended February 28 was $2.5bn, down three per cent year on year, or 56 cents per share. …
Iain Thomson, 18 Mar 2015

Win Sun, lose Sun: How Larry's bet on old-world systems hurt Oracle

Oracle-Sun anniversary Feeling calm and relaxed? Join the Reg on a journey to an alternate reality where Oracle’s cloud business is the envy of all of its competitors. It holds two trillion objects and is growing faster now than at any time in its history. What began as something for developers is becoming an enterprise IT staple – a platform for …
Gavin Clarke, 28 Jan 2015

The Reg's review of 2014: Naked JLaw selfies, Uber and monkey madness

Facebook buying WhatsApp for nearly as much as Hewlett-Packard spent on Compaq in 2001? Well, 2014 was the year of the selfie, after all. Just don't let that snapshot of your bits get hacked. Leaked naked smartphone pics weren't this year's only embarrassing public spectacles: Microsoft's CEO put his foot in his mouth on women …
Gavin Clarke, 28 Dec 2014

Oracle, the King of Cloud? Maybe in Ellison's world

Analysis Oracle's executive team spent most of its second-quarter earnings conference call on Wednesday talking about its cloud business – which made sense, since that was the only part of the business that showed significant growth. As in last quarter's call, the trio of Safra Catz, Larry Ellison, and Mark Hurd chirped away about the …
Neil McAllister, 18 Dec 2014
Mark Hurd and Safra Catz

Hurd'n'Catz leading Oracle to the cloud, but core biz still lags

Oracle beat analysts' estimates for once for the second quarter of its fiscal 2015, with an earnings report that otherwise showed only modest results. The database giant's total revenues of $9.6bn for the three months that ended on November 30 were better than expected, but still only amounted to 3.5 per cent year-on-year …
Neil McAllister, 18 Dec 2014
Ada Lovelace, credit 2D Goggles

Ada Lovelace Day: Meet the 6 women who gave you the 'computer'

Ada Lovelace Day Ada Lovelace Day, 14 October, marks the achievements of women in the fields of science, technology, engineering and maths (STEM). Women have ascended to great heights in the technology sector – Ginni Rometty is chairperson, president and chief exec of IBM, Meg Whitman and Marissa Mayer are CEOs of Hewlett-Packard and Yahoo! …
Gavin Clarke, 14 Oct 2014
Artist's impression of thunder-thighs kicking a lesser dinosaur into touch. Pic: UCL

Larry Ellison: Who's the DINOSAUR NOW, cloudy rivals?

There’s more to cloud than putting an ad on the back of The Economist, as a relatively contrite Larry Ellison and Oracle tried to demonstrate this week. His PR people rattled out the product news at Oracle’s OpenWorld conference in San Francisco, California, like he, or they, were trying to prove something. What could it be? “ …
Gavin Clarke, 02 Oct 2014
Larry Ellison's keynote at Openworld 2014

Larry: Oracle's now a CLOUDY biz. Ignore everything I said before

Despite once declaring that the cloud was “complete gibberish”, “insane” and “idiocy”, former Oracle head honcho Larry Ellison has announced that the firm is now ready to be the foundation of the cloud for its customers. Larry Ellison speaking at Oracle Openworld yesterday (28th September) Speaking at the company’s Openworld …

AW, SNAP, Oracle. You've shrivelled up poor Larry Ellison's package even more

Oracle’s soon-to-be-ex-CEO Larry Ellison took home slightly less money in fiscal 2014 than the previous year, after some rumblings of criticism at the sizeable nature of his big package. The poor billionaire bagged just $67.3m in compensation, instead of the $78.4m he managed to make off with in fiscal 2013, a markdown of 15.5 …
Larry Ellison, photo by Oracle Corporate Communications

Why Oracle CEO Larry Ellison had to go ... Except he hasn't

Analysis What's the difference between God and Larry Ellison? God doesn't think he's Larry Ellison. So goes the title of Mark Wilson's 2003 biography on Ellison, Oracle's now former chief executive – a man who by force of will forged a multi-billion dollar software empire. In the process, Ellison became not just the best-rewarded CEO on …
Gavin Clarke, 19 Sep 2014
Oracle headquarters

First day of Hurd'n'Catz at Oracle: It's dis-fur-pointing for Wall St

Oracle posted results that missed analysts' expectations yet again on Thursday, in a Q1 2015 earnings report that was all but overshadowed by the unexpected news that Larry Ellison has stepped down as CEO. Revenues for the quarter were $8.60bn, a scant 2.68 per cent gain over the same period a year ago and below even the …
Neil McAllister, 18 Sep 2014
Larry Ellison, photo by Oracle Corporate Communications

Oracle's Larry Ellison quits as CEO – new bosses are Hurd'n'Catz

Oracle has, in the past few minutes, announced that company founder Larry Ellison has stepped down as chief executive, effective immediately. Outspoken Ellison will remain with the company in the capacity of chief technology officer, and he will continue to oversee all software and hardware engineering functions, Oracle said …
Neil McAllister, 18 Sep 2014

Oracle cold bath shrinks Larry Ellison's pay package

Oracle's Larry Ellison, one of the world’s richest men and best-paid CEOs in the US, is getting his pay cut by more than half. The database giant's chief executive has been awarded just 3 million stock options by its compensation committee in its annual review process. That’s down from 7 million the year before and every year …
Gavin Clarke, 05 Aug 2014
Oracle Termites

Oracle shares pummeled after giant reports glacial growth

Oracle's shares dropped sharply after the database giant reported results that – yet again – missed analysts' expectations. Ellison & Co. reported revenues of $11.32bn and an earnings-per-share (EPS) of $0.92 for its fourth financial quarter of 2014 on Thursday, missing analyst expectations of $11.48bn and an EPS of $0.95. …
Jack Clark, 19 Jun 2014
wall_street

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

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'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

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 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 …
Neil McAllister, 20 Jun 2013

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

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
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 …
Rik Myslewski, 15 Apr 2013
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 …

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 …
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 …
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
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
channel

'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 …
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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 …
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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 …

Maggie Philbin on tech, teens and cardigan fear

Interview It could all have been so different. Thanks to a lack of sound career guidance, techie icon Maggie Philbin didn't become an engineer and instead co-presented the BBC's Tomorrow's World. Philbin wowed a generation of tweens regularly for half an hour a week between 1982 and 1989 with demos of the first fax machine, mobile phone …
Gavin Clarke, 03 Nov 2011
The Register breaking news

Oracle rolls its own NoSQL and Hadoop

OpenWorld 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 …
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 …