Oracle has overtaken rival IBM as the world's second-largest software vendor by pulling in $29.6 billion in software revenue during 2013, according to analyst firm Gartner.
"Global trends around big data and analytics with business investment in database and cloud-based applications helped to drive Oracle's top-line growth," Gartner research vice president Chad Eschinger said in a statement.
Earlier today, IBM announced that it would be using Watson, the system that famously wiped the floor with human Jeopardy champions, to tackle a somewhat more significant problem: choosing treatments for cancer. In the process, the company hopes to help usher in the promised era of personalized medicine.
IBM has not relinquished its customers' data to the US government and would challenge any orders to do so, the company said in a blog post over the weekend.
The post by the world's largest technology service provider is the latest backlash by a tech company against US electronic surveillance practices, following reports alleging the government spread malware to break into computers.
A pension investment group has sued IBM, claiming that the company failed to warn investors that sales in China would slow dramatically following revelations that IBM was helping the U.S. National Security Agency spy on the Chinese.
Bridgestone Sues IBM For $600 Million Over Allegedly 'Defective' System That Plunged The Company Into 'Chaos'
Tire company Bridgestone has slapped IBM with a huge lawsuit over a custom-built computer system that performed so poorly, it threw Bridgestone’s "entire business operation into chaos," the suit alleges, as reported by the Tennessean.
The system cost over $75 million and went live in January, 2012. It immediately experienced "system-wide failures" for three months, Bridgestone alleges: