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Oracle profit slides 24% as customers move to the cloud

posted onJune 18, 2015
by l33tdawg

Oracle has reported a sharp drop in profit for the quarter just ended, with customers spending more on its cloud services but less on software that runs in their own data centers.

Chairman Larry Ellison portrayed the shift as a positive one and said Oracle can make more money selling cloud services over the long term. But the change didn't seem to help it much last quarter, when its results were also battered by the strong U.S. dollar.

Oracle overtakes IBM as second-largest software vendor, Gartner says

posted onApril 1, 2014
by l33tdawg

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.

Oracle spoils your day with NEARLY 150 patches

posted onJanuary 16, 2014
by l33tdawg

Systems administrators who decided it would be a quiet week were wrong: Oracle has flicked out more than a hundred security patches, and when you're finished, it'll be time to round up any Blackberry users in the company and apply some patches for them.

Let's start with Oracle, which among other things is taking another stab at securing Java, fixing 36 vulnerabilities of which 34 are “remotely exploitable without authentication”. All but one are client-side vulnerabilities, and ten of them are rated by Oracle at 9.3 or 10 on its vuln scale.

Oracle makes tablet with Raspberry Pi and Java

posted onSeptember 27, 2013
by l33tdawg

Pretty much every tech company makes its own tablet now, so why not Oracle, too?

The enterprise software and hardware company has unveiled the "DukePad," a tablet powered by a Raspberry Pi and JavaSE Embedded 8. It's not actually for sale, but Oracle described it a few days ago in a technical keynote at its JavaOne conference and posted all the details on the OpenJDKWiki. In addition to providing instructions, open source software, and pointers to the necessary hardware, Oracle said it is "working with suppliers to make available pre-made kits that can be more easily assembled."

Larry Ellison sees dismal future for Apple without Steve Jobs

posted onAugust 13, 2013
by l33tdawg

In an interview with Charlie Rose set to air on Tuesday, Oracle CEO Larry Ellison gave a bleak outlook when asked how Apple will fare without his close friend Steve Jobs at the reins.

A short snippet of the "This Morning" segment was released on Monday by CBS, showing Ellison alluding to an anticipated dark time for the Cupertino, Calif., company.