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Oracle’s Fiscal 2Q Earnings Miss Analyst Target
REDWOOD SHORES (CBS/AP) – Oracle’s quarterly earnings missed analyst estimates in what could be a bad sign for the technology industry. The performance announced Tuesday covered a period of economic...
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Oracle Shares Plunge On Grim Earnings, Outlook
REDWOOD SHORES (CBS/AP) – Shares of Oracle plunged almost 14 percent in early trading Wednesday, a day after the business software company said it was struggling to close deals. The latest quarterly...
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Oracle Rejects Court-Ordered Award In SAP Dispute
REDWOOD SHORES (CBS/AP) — Database software maker Oracle is rejecting a court-ordered award for $272 million from German rival SAP, saying it would rather have another trial over SAP’s theft of...
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Oracle To Pay $1.9B For Dublin-Based Doftware Company
DUBLIN (CBS SF) – Oracle is paying $1.9 billion for Taleo Corp., a company that helps businesses manage their employees. The planned purchase of Taleo extends Oracle’s offerings in the growing arena of...
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America’s Cup Tune-Up May Shift From SF To New York
SAN FRANCISCO (KCBS) – Exhibition races this summer ahead of the America’s Cup regatta next year may taken place in New York rather than San Francisco. The elite yacht race would still go on as planned...
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Oracle’s 3Q Earnings Top Analyst Forecasts
REDWOOD SHORES (CBS SF/AP) – Oracle’s earnings rose 18 percent despite meager revenue growth during its latest quarter. The business software maker says it made $2.5 billion, or 49 cents per share,...
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Silicon Valley Janitors March To Demand Better Pay And Benefits
PALO ALTO (KCBS) – Hundreds of janitors who maintain offices at the largest Silicon Valley technology companies marched through Palo Alto Thursday to demand higher wages and better benefits. The march...
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Oracle Focuses On Google Emails In Android Trial
SAN FRANCISCO (CBS / AP) — Oracle began Monday trying to convince a jury that Google’s top executives have long known that they stole a key piece of technology to build the Android software that now...
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Oracle CEO Mulled Expansion Into Smartphones
SAN FRANCISCO (CBS / AP) — Oracle CEO Larry Ellison wanted to compete against Google’s Android software in the smartphone market before deciding instead to sue his potential rival for copyright and...
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Google CEO Page Gets Grilled In Oracle Trial
SAN FRANCISCO (CBS / AP) — Google CEO Larry Page spent nearly an hour in a federal courtroom Wednesday deflecting questions about his role in a copyright dispute over some of the technology in his...
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Jury Begins Deliberations In Oracle-Google Trial
SAN FRANCISCO (CBS/AP) – A jury has started deliberations in a closely watched copyright infringement trial pitting Oracle against Google. The federal case in San Francisco centers on Oracle’s...
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Google-Oracle Jury Reaches Impasse On Key Issue
SAN FRANCISCO (CBS/AP) – A federal jury in San Francisco has reached an impasse on a key issue in Oracle’s copyright-infringement case against Google, handing the database-software company a major...
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Jury: Google Didn’t Infringe On Oracle patents
SAN FRANCISCO (CBS / AP) — A federal jury ruled Wednesday that Google didn’t infringe on Oracle’s patents when the Internet search leader developed its popular Android software for mobile devices....
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Another setback For Oracle In Google Dispute
SAN FRANCISCO (CBS / AP) — Oracle Corp. received another setback Thursday as a federal judge in San Francisco undermined a central part of the company’s multimillion dollar case against Google Inc....
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Oracle’s 4th Quarter Earnings Rise 8 Pct, Top Analyst Views
REDWOOD CITY (CBS / AP) — Oracle’s latest quarterly earnings climbed 8 percent, beating analysts’ expectations. The business software maker surprised investors by releasing the results Monday. The...
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Oracle CEO Ellison Buying Most Of Hawaiian Island Of Lanai
HONOLULU (CBS / AP) — Oracle Corp. CEO Larry Ellison has reached a deal to buy 98 percent of the island of Lanai from its current owner, Hawaii Gov. Neil Abercrombie said Wednesday. The land’s owner,...
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Officials Say Ellison Has No Big Changes Planned For Lanai
REDWOOD SHORES (CBS/AP) – Billionaire Larry Ellison isn’t planning any radical changes for the Hawaiian island he has agreed to buy, a Hawaii state lawmaker said Thursday. State Sen. J. Kalani English...
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Hawaii OKs Lanai Sale To Oracle CEO Ellison
HONOLULU (CBS / AP) — A Hawaii public utilities agency on Monday approved the transfer of three Lanai utilities to Oracle Corp. CEO Larry Ellison, clearing the way for his purchase of most of the...
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America’s Cup Supplies Arrive At Pier 80 In San Francisco
SAN FRANCISCO (KCBS)— A train measuring nearly a mile and a half long with more than 120 rail cars arrived at San Francisco’s Pier 80 Tuesday, carrying materials for the upcoming America’s Cup World...
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HP Wins Court Battle With Oracle Over Server Software Support
PALO ALTO (CBS/AP) — Computer maker Hewlett-Packard said it has won a big victory in its court battle to force Oracle to continue making software for one of its server lines. A California state court...
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