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Oracle Corp plans to buy Taleo Corp, a maker of Web-based software for recruiting employees, for about $1.9 billion as a war heats up for control over the fast-growing cloud computing market.

Oracle, the world’s biggest database developer, said it plans to acquire human resources software provider Taleo for $1.9 billion. The news sent shares of Taleo up 17 percent.

Concerns about shrinking profit margins at Silicon Graphics International sparked a sell-off in the company's stock that wiped away a quarter of its value, a day after it posted weak quarterly results and slashed its full-year earnings outlook.

Oracle, the No. 1 database developer, rejected a $272 million settlement from German arch-rival SAP over alleged infringement of intellectual property.

IBM's 900,000 square-foot Bangalore computer center is Asia's largest to date.

Oracle Corp rejected a potential $272 million award against SAP AG over copyright infringement allegations, instead opting for a new trial after a U.S. judge had slashed over $1 billion from a previous verdict.

Oracle Corp will head to a retrial against SAP AG over copyright infringement allegations after a U.S. judge slashed a previous monetary award against SAP by over $1 billion.

New Hewlett-Packard CEO Meg Whitman, who takes a $1 annual salary, got stock options that could be valued as high as $16.1 million, the company’s proxy filing said.

According to legend, Punxsutawney Phil's predicts there will be six more weeks of winter before spring arrives, but is the Groundhog Day 2012 prediction right about winter?

A California judge has dismissed a fraud claim brought by Oracle Corp against Hewlett-Packard Co in the bitter legal battle between the two companies over the Itanium platform.

SAP, the world's largest maker of business software, may license its HANA offering to main rival Oracle in the future, its co-chief executive told a German newspaper.

SAP, the world's biggest maker of business software, was upbeat on its topline growth this year citing its investment in new technologies and robust corporate spending.

SAP, the world's biggest maker of business software, aims to set a fresh profit record this year as it banks on robust corporate spending on technology.

Internet search engine giant Google has poured out $9.7 million on lobbying U.S. lawmakers and regulators in 2011, according to Google's latest bill in U.S. Senate Office of Public Records.

Software maker VMware Inc reported profit ahead of Wall Street expectations and released an outlook ahead of some forecasts, raising hopes that technology spending will grow this year, even as some warn that the economic outlook is grim.

Billionaire Warren Buffett rang in the Year of the Dragon with a musical number on his ukulele on Chinese TV Monday.

While IBM's rivals have suffered through earnings misses, massive executive upheaval or seismic strategic shifts, Big Blue has been the technology world's most consistently performing company since narrowly avoiding bankruptcy 19 years ago.

A strong outlook from IBM and decent results from Intel Corp and Microsoft Corp suggest that corporate decision makers are shaking off nervousness about economic growth and boosting spending on technology.

JAN 19 - IBM Corp, the world's largest technology services company, aims to grow earnings by at least 10 percent this year after it beat fourth quarter profit estimates, underderscoring signs of confidence in global tech spending.

Berkshire Hathaway's Warren Buffett said he would donate $1 to paying down the national debt for every dollar donated by a Republican in Congress. The only exception is Senate Republican Leader Mitch McConnell -- for whom Buffett said he would go $3-to-$1.

Oracle Corp can't appeal an order slashing its $1.3 billion copyright infringement verdict against SAP AG until it decides whether it will reject the lower, court-imposed damages award, a U.S. judge ruled on Friday.

“One Shot,” author Lee Child’s ninth suspense novel, is currently finishing production as a big-budget action thriller starring Tom Cruise as Jack Reacher.

The legendry rock band will start the tour Feb 18 from Louisville's KFC Yum! Center. The five-month-long tour will conclude June 26 at New Orleans Arena, New Orleans, LA.

A new decline in the value of the Euro could hit major U.S. technology exporters which dodged the bullet in the fourth quarter. Companies included HP, IBM, Oracl;e and Cisco Systems.

Major U.S. technology companies, which derive the majority of their revenue from abroad, with between 25 percent and 33 percent overall from Europe, have warned about potential fallout from the Eurozone crisis since last July.

An analysis released Tuesday by Morgan Stanley analyst Adam Parker suggesting U.S. equities will finish the year more than 8 percent lower than where they began is making those who follow the American stock market nervous. And for good reasons.

Shaky Europe. Political gridlock. Volatile markets.

Shaky Europe. Political gridlock. Volatile markets. Familiar themes for those who lived through this year, and investors should be ready to revisit them next year.

Former Hewlett Packard CEO Mark Hurd made increasingly aggressive romantic advances over several years toward an independent contractor who later accused him of sexual harassment, according to claims in a letter from her lawyer obtained by Reuters.