Oracle Corp. on Wednesday reported flat earnings for its fiscal third quarter, hurt by a continued drop in sales of hardware systems and a surprise decline in sales of new software – which the company attributed to a lackluster performance by its expanding sales force rather than lack of demand.
Oracle Corp. CEO Larry Ellison bought a small Hawaii airline Tuesday, less than a year after he bought most of the Hawaiian island of Lanai.
Some Mac users were taken by surprise Thursday as their computers stopped running programs written using the Java programming language after Apple blocked Java due to security problems.
Now that President Barack Obama has named immigration reform one of his top priorities this year, some technology giants of Silicon Valley plan to press for changes that would help them bring more skilled workers to the U.S.
Oracle Corp. said Monday it has released a fix for the flaw in its Java software that raised an alarm from the U.S. Department of Homeland Security last week. Even after the patch was issued, the federal agency continued to recommend that users disable Java in their Web browsers.
The U.S. Department of Homeland Security is advising people to temporarily disable the Java software on their computers to avoid potential hacking attacks.
Oracle says its latest quarterly earnings rose 18 percent as companies splurged on more software and other technology toward the end of the year.
America’s Cup champion Oracle Racing will be sidelined from testing its 72-foot catamaran until early next year because of severe damage to the wing sail sustained when the sailboat capsized Tuesday on San Francisco Bay.
A 72-foot Oracle Team USA catamaran that capsized Tuesday afternoon in San Francisco Bay was brought ashore early Wednesday morning, according to the U.S. Coast Guard.
A 72-foot catamaran being sailed by America’s Cup champion Oracle Racing capsized on San Francisco Bay on Tuesday afternoon.