Oracle hit with whistleblower lawsuit over cloud accounting
8 years, 9 months ago

Oracle hit with whistleblower lawsuit over cloud accounting

Live Mint  

New York/San Francisco: Oracle Corp was sued on Wednesday by a former senior finance manager who claimed she was terminated in retaliation for complaining about improper accounting practices in Oracle’s cloud services business. In a complaint filed in US District Court in San Francisco, the former executive, Svetlana Blackburn, accused upper management of trying to push her to “fit square data into round holes” to make Oracle Cloud Services’ results look better. Last quarter, Oracle’s traditional on-premises software sales shrank slightly compared with a year earlier, but still generated $6.35 billion in revenue, 70% of total revenue for the quarter. Safra Catz, Oracle’s co-chief executive, said in March that the cloud business was in a “hyper-growth phase.” Blackburn said Oracle terminated her employment on 15 October last year, one month after the alleged wrongdoing began and two months after she received a positive performance review.

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TikTok ban in US will be disastrous, massive hit to revenue and economy, warns Oracle
9 months ago

TikTok ban in US will be disastrous, massive hit to revenue and economy, warns Oracle

Firstpost  

Oracle said that if they are unable to continue providing these services to TikTok and cannot quickly redeploy their capacity, their revenues and profits would suffer. Furthermore, compliance with the new law could also increase their operating expenses Despite the close working relationship, Oracle has traditionally been discreet about its association with TikTok and does not list TikTok among its …

Oracle’s hidden hand is behind the Google antitrust lawsuits
4 years, 3 months ago

Oracle’s hidden hand is behind the Google antitrust lawsuits

LA Times  

Under Executive Chairman Larry Ellison, Oracle worked behind the scenes for years to persuade regulators and law enforcement on at least three continents to rein in Google. Officials in more than a dozen of the states that sued Google received what has been called Oracle’s “black box” presentation showing how Google tracks users’ personal information, said Ken Glueck, Oracle’s top …

Amazon claims Trump personally pressured the Pentagon to deny it a $10bn cloud contract
5 years, 3 months ago

Amazon claims Trump personally pressured the Pentagon to deny it a $10bn cloud contract

The Telegraph  

Amazon claims Donald Trump pressured the Pentagon to deny it a lucrative cloud computing contract because of his dislike for Jeff Bezos. In a lawsuit unsealed on Monday the company said that the President views the Amazon chief executive as his "political enemy" and denied the firm the $10bn "JEDI" contract even though it was the most qualified to carry …

Oracle to add jobs in India to take on bigger rivals Amazon, Microsoft
5 years, 5 months ago

Oracle to add jobs in India to take on bigger rivals Amazon, Microsoft

Live Mint  

Oracle Corp plans to hire nearly 2,000 additional workers as part of an aggressive plan to roll out its cloud computing services to more locations around the world, its cloud chief told Reuters on Monday. Seeking to better compete with bigger rivals Amazon Web Services and Microsoft Corp, the move will also help transition Oracle's business software for finance, sales …

Amazon, Oracle, Microsoft jockey for Pentagon’s cloud business
7 years ago

Amazon, Oracle, Microsoft jockey for Pentagon’s cloud business

Live Mint  

Washington/New York: In late February, Oracle Corp. co-CEO Safra Catz met with a top Pentagon official to discuss the government’s defence strategy days before the department was set to outline how it plans to spend billions of dollars on cloud-computing services. Catz’s meeting with deputy secretary of defence Patrick Shanahan, which was confirmed by a department spokesman, came as technology …

Oracle widens cloud investments to battle bigger Amazon threat
8 years, 4 months ago

Oracle widens cloud investments to battle bigger Amazon threat

Live Mint  

San Francisco: Eduardo Frias, chief information officer at Beachbody LLC, recently traveled to San Francisco to hear a pitch from Oracle Corp.’s top brass. Tens of thousands of businesses are loyal to Amazon Web Services, and it won’t be easy for Oracle to erode Amazon’s lead in the market for public cloud computing. The growth rate for Oracle’s most closely …

HP awarded Rs 20,000 cr in damages from Oracle after losing lawsuit
8 years, 8 months ago

HP awarded Rs 20,000 cr in damages from Oracle after losing lawsuit

India TV News  

HP awarded Rs 20,000 cr in damages from Oracle after losing lawsuit New Delhi: Software giant Oracle has been asked by a California jury to pay $3 billion dollars to HP. The judgment follows after the defeat of a copyright case Oracle brought New Delhi: Software giant Oracle has been asked by a California jury to pay $3 billion dollars …

In Oracle vs Google retrial, lawyers make final pitches to jury
8 years, 10 months ago

In Oracle vs Google retrial, lawyers make final pitches to jury

Firstpost  

Oracle Corp filed a multibillion-dollar copyright lawsuit against Google because Oracle failed in its own attempts to enter the smartphone market, a Google attorney said in closing arguments. In a retrial at U.S. District Court in San Francisco, Oracle Corp has claimed Google’s Android smartphone operating system violated its copyright on parts of Java, a development platform. In court on …

Oracle vs Google: The 'he said, she said' and everything in between
8 years, 10 months ago

Oracle vs Google: The 'he said, she said' and everything in between

Firstpost  

The Oracle vs Google courtroom drama started in way back in 2010, a year after Oracle acquired Sun Microsystems and along with it the rights to Java patents. Somewhere along the way, Google also announced that it would drop the use of Oracle’s Java APIs. Here’s are some points that Oracle lawyer Peter Bicks made: - 37 Java APIs used …

Oracle co-CEO says it did not buy Sun Micro to sue Google
8 years, 10 months ago

Oracle co-CEO says it did not buy Sun Micro to sue Google

Firstpost  

Oracle Corp did not acquire Sun Microsystems in 2009 in order to launch a copyright lawsuit against Google, but rather to protect its products that relied on Sun’s software, Oracle co-Chief Executive Safra Catz told jurors. In a trial at San Francisco federal court, Oracleclaims Google’s Android smartphone operating system violated its copyright on parts of the Java programming language. …

SAP pays $359 million to Oracle to end 7-year old legal battle
10 years, 4 months ago

SAP pays $359 million to Oracle to end 7-year old legal battle

Firstpost  

The two arch-rivals have been engaged in a fierce legal spat since 2007 related to TomorrowNow, SAP’s former US subsidiary. German software giant SAP has agreed to pay US rival Oracle more than $359 million to settle a long-running copyright battle, it said on Friday. “Oracle will accept $356.7 millions in compensation and interest payments rather than appeal again,” SAP …

Could an Oracle Win Against Google Blow Up the Cloud?
12 years, 10 months ago

Could an Oracle Win Against Google Blow Up the Cloud?

Wired  

A San Francisco court has spent the past few weeks considering a copyright question that could weigh heavy on the future of cloud computing. But it could affect things in the cloud, where there are several efforts to clone Amazon's Web Services APIs. "If APIs can be copy-protected, that would be incredibly destructive to the internet as a whole for …

Oracle seeks $1.16 bln from Google in Android case
13 years, 6 months ago

Oracle seeks $1.16 bln from Google in Android case

Firstpost  

Oracle Corp on Thursday estimated it suffered roughly $1.16 billion of damages from Google Inc’s alleged copyright and patent infringement of Java technology used in the Android operating system. In a court filing, Oracle said Google’s claim that the damages sought exceeded $2.2 billion “mischaracterizes” a report by Oracle damages expert Iain Cockburn, a Boston University business professor. Oracle had …

Oracle Should Get $40.6 Million At Most, Says SAP Expert
14 years, 4 months ago

Oracle Should Get $40.6 Million At Most, Says SAP Expert

Firstpost  

SAP AG should have to pay Oracle Corp no more than $40.6 million to resolve their years-long lawsuit over software theft, an SAP damages expert said. Stephen Clarke, SAP’s expert, said in court that damages must be the product of a reasonable business calculation, not an emotional reaction to the theft. Last week, Oracle CEO Larry Ellison said his company …

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