Tag: oracle
Earnings Results: Oracle stock falls following forecast as revenue disappoints
ORCL Infographic: Oracle Q3 2023 revenue rises 18%
Software giant Oracle Corporation (NYSE: ORCL) said its third-quarter revenues rose 18%. Consequently, adjusted earnings increased sharply. At $12.4 billion, revenues were up 18% year-over-year in the third quarter of […]
The post ORCL Infographic: Oracle Q3 2023 revenue rises 18% first appeared on AlphaStreet.
Free Online Oracle Card Reading
Uber to shut down its own data centers as it strikes cloud agreement with Oracle and Google
Uber has struck agreements with Oracle and Google to migrate 95% of its data center contents onto the cloud, with plans to leverage additional services such as Google Ads, the Google Maps platform, and database service Cloud Spanner. Both agreements would last seven years. Uber’s transition to the Google Cloud…
Six Years Later, HPE and Oracle Quietly Shut Door On Solaris Lawsuit
Big Red’s complaint claimed HPE had falsely represented to customers that it and Terix could lawfully provide Solaris Updates and other support services at a lower cost than Oracle, and that the two had worked together to provide customers with access to such updates. The suit against HPE was thrown out of court in 2019, but revived in 2021 when a judge denied HPE’s motion for a summary judgement in the case. Terix settled its case in 2015 for roughly $58 million. Last year, the case went to court and in June a jury found HPE guilty of providing customers with Solaris software updates without Oracle’s permission, awarding the latter $30 million for copyright infringement.
But that wasn’t the end of the matter, because HPE was back a couple of months later to appeal the verdict, claiming the complaint by Oracle that it had directly infringed copyrights with regard to Solaris were not backed by sufficient evidence. This hinged on HPE claiming that Oracle had failed to prove that any of the patches and updates in question were actually protected by copyright, but also that Oracle could not prove HPE had any control over Terix in its purported infringement activities. Oracle for its part filed a motion asking the court for a permanent injunction against HPE to prevent it copying or distributing the Solaris software, firmware or support materials, except as allowed by Oracle. Now it appears that the two companies have come to some mutually acceptable out-of-court arrangement, as often happens in acrimonious and long-running legal disputes.
Read more of this story at Slashdot.
: Oracle stock rises as earnings and revenue beat, but profit forecast comes in slightly short
Earnings Infographic: Oracle (ORCL) Q2 2023 revenue rises 18%
Software giant Oracle Corporation (NYSE: ORCL) Monday said its second-quarter revenues rose 18%. Meanwhile, adjusted earnings remained unchanged year-over-year. The results beat Wall Street’s forecasts. At $12.3 billion, revenues were […]
The post Earnings Infographic: Oracle (ORCL) Q2 2023 revenue rises 18% first appeared on AlphaStreet.
Pentagon Gives $9B in Cloud Contracts to Google, Oracle, Microsoft and Amazon – CNET
Should you buy Oracle (ORCL) stock ahead of next week’s earnings?
The cloud infrastructure market in the U.S. is projected to grow by double digits through 2030. The fast-paced cloud adoption has made leading tech firms like Oracle Corporation (NYSE: ORCL) […]
The post Should you buy Oracle (ORCL) stock ahead of next week’s earnings? first appeared on AlphaStreet.