ORACLE

IBTimes Logo

Oracle Sinks Nasdaq; Dow, S&P Hold Firm

Technology shares slumped on Wednesday and pushed the Nasdaq down 1 percent after Oracle reported results that cast doubts on the sector's health, even as broader markets closed mostly flat in a thinly traded day.

Oracle Results Shock Investors, Shares Plunge

Attendees walk down branded steps at the 29th Oracle OpenWorld in San Francisco October 2, 2011.
Oracle Corp's earnings fell short of Wall Street's forecasts for the first time in a decade as software and hardware sales sputtered, sending its shares down more than 10 percent and stoking fears a global recession will hurt tech spending.
More news
Salesforce CEO Marc Benioff walks speaks to the crowd during his keynote address at the Dreamforce event in San Francisco

Salesforce.com Enters HR Software Business

Salesforce.com Inc is entering the business of selling human resources software in a move that raises the stakes in its battle to woo customers away from bigger rivals SAP AG and Oracle Corp..
Merger

Brocade Communications Could be Attractive to Oracle: Analyst

Brocade Communications Systems Inc. (NASDAQ:BRCD) could come in to spotlight after Blue Coat Systems Inc. (NASDAQ:BCSI) said Friday it has agreed to be acquired by an investor group led by San Francisco-based private equity investment firm Thoma Bravo, LLC, for about $1.3 billion.
IBTimes Logo

Blue Coat Systems Inc. Agrees to go Private for $1.1 Billion

Blue Coat Systems Inc., a maker of equipment that secures, monitors, and speeds Internet traffic, has agreed to be taken private for $1.1 billion in a deal that throws a lifeline to a company beset by falling sales and a U.S. government probe into use of its products by Syria.
Shareholders arrive for the SAP group general shareholder assembly in Mannheim

SAP to buy SuccessFactors for $3.4 Billion

Germany's SAP announced a $3.4 billion cash deal to buy U.S. Web-based software company SuccessFactors, joining the scramble among technology firms to offer cloud-computing services to businesses.
SAP

SAP Offers $3.4 Billion for SuccessFactors

Germany's SAP announced a $3.4 billion cash deal to buy U.S. web-based software company SuccessFactors, joining the scramble among technology firms to offer cloud-computing services to businesses.
Apple and Samsung

Apple-Samsung Fight Behind Veil of Secrecy; Court Papers Sealed

The biggest legal battle for the technology industry is playing out in a federal court in Silicon Valley, where Apple is trying to stop Samsung from selling Galaxy phones and tablets in the United States. It is a veil of secrecy where court papers are sealed.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.