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Shutterstock On Friday, Diane Greene announced she would be stepping down as Google Cloud’s chief exec. Greene’s replacement will be the 22-year Oracle veteran Thomas Kurian, who before resigning in September, was president of product development with the company, and a key player in its cloud efforts. When he steps into the role in January, […]
Oracle Oracle founder Larry Ellison said “it’s kind of embarrassing” for Amazon that it uses Oracle’s databases to power its own business — especially considering Amazon offers its own databases that compete with Oracle’s. Ellison was responding to a report from last week that Amazon intends to get off of Oracle’s products completely by 2020. […]
Oracle Oracle loves to pick fights with Amazon Web Services in the database and cloud markets, but the enemy it should really take aim at is Microsoft, according to one analyst. “Microsoft is their big competitor,” says Larry Carvalho, lead analyst on platform-as-a-service at IDC. Amazon may be a giant in the cloud world but Microsoft is a bigger threat to the […]
Oracle Oracle may have just announced a new fully-automated database, but there’s one area where the company is still dependent on humans: Larry Ellison’s presentation clicker. When the executive chairman took the stage Sunday night for the opening keynote of Oracle OpenWorld, he found himself struggling to keep his presentation slideshow aligned with where he was […]
Larry Ellison didn’t wait long after coming onto the Oracle OpenWorld conference stage in San Francisco on Sunday before announcing a new set of cybersecurity-oriented products. In his first keynote of Oracle’s annual use conference, the executive chairman announced a new autonomous database that can patch itself from cybersecurity flaws without having to go offline. The automated […]
Reuters/Steve Marcus Here is what you need to know. Sign up here to get “10 Things” delivered directly to your inbox. North Korea fires another missile. The missile, which flew for nearly 2,300 miles, was fired less than two weeks after North Korea conducted a suspected hydrogen bomb test. Terrorists attack London. A device exploded on a London […]
Here is what you need to know. Trump sides with the Democrats on a debt-ceiling deal. The deal will suspend the limit for three months, in addition to providing three months of funding and a package for Hurricane Harvey relief, leaving key members of the Republican Party unhappy. Fed Vice Chairman Stanley Fischer resigns. Fischer plans to step […]
REUTERS/Robert Galbraith If Oracle CTO and renowned billionaire Larry Ellison wants to get any wealthier, he’s going to have to do right by shareholders. The company just revealed a new, 100% performance-based equity package for its two CEOs and CTO aimed at reducing their total compensation over the next five years. The details were revealed in an investor presentation […]
BI Intelligence This story was delivered to BI Intelligence “Payments Briefing” subscribers. To learn more and subscribe, please click here. A new global partnership between MasterCard and software firm Oracle will give Oracle’s clients better access to digital payment solutions, according to an announcement made at Mobile World Congress. The partnership will focus on in-store […]
AP If you thought the loss Oracle suffered in May in its ongoing lawsuit against Google over Android was the end, think again. As promised, Oracle is appealing the case, and filed its appeal today. The two tech giants have been battling it out for years in two separate court cases over whether Google must pay […]
