REDWOOD CITY, California (Reuters) – Oracle Corp <ORCL.O> Chief Executive Larry Ellison promised on Wednesday to shake up the technology industry with his purchase of Sun Microsystems Inc <JAVA.O>, a deal that enables the world’s No. 3 software maker to enter the hardware business.

Ellison, 65, the brash billionaire who founded Oracle more than 30 years ago, said the $7.5 billion Sun deal gives Oracle the broadest array of technology products of any company.

“The proof will be in the pudding in the integrated products we deliver to our customers,” he told customers and analysts at an event at company headquarters in Redwood City, California, timed to celebrate closing the Sun deal.

The combined company will be able to produce everything that businesses use in their data centers, from semiconductors and operating systems to computer servers, databases and accounting software.

REDWOOD CITY, California, Jan 27 (Reuters) – Oracle Corp <ORCL.O> Chief Executive Larry Ellison promised on Wednesday to shake up the technology industry with his purchase of Sun Microsystems Inc <JAVA.O>, a deal that enables the the world’s No. 3 software maker to enter the hardware business.

Ellison, 65, the brash billionaire who founded Oracle more than 30 years ago, said the $7.5 billion Sun deal gives Oracle the broadest array of technology products of any company.

“The proof will be in the pudding in the integrated products we deliver to our customers,” he told customers and analysts at an event at company headquarters in Redwood City, California, timed to celebrate closing the Sun deal.

The combined company will be able to produce everything that businesses use in their data centers, from semiconductors and operating systems to computer servers, databases and accounting software.

BOSTON (Reuters) – EMC Corp <EMC.N>, the top maker of corporate data storage equipment, projected 2010 revenue and profit that topped Wall Street estimates, reinforcing hopes for healthy growth in technology spending.

The company, whose shares rose 3 percent, also reported on Tuesday higher-than-expected quarterly profit and revenue, citing a recovery from the economy’s downturn and strong growth in its VMware Inc <VMW.N> software unit.

“EMC is coming out of the worst global recession we’ve seen in our best financial shape ever,” Chief Financial Officer David Goulden said in a conference call.

EMC’s results helped cement a view that industry spending is on the mend after positive earnings reports from hardware companies including Apple Inc <AAPL.O>, Intel Corp <INTC.O>, International Business Machines Corp <IBM.N> and Western Digital Corp <WDC.N>.

BOSTON, Jan 26 (Reuters) – EMC Corp <EMC.N>, the top maker of corporate data storage equipment, projected 2010 revenue and profit that topped Wall Street estimates, reinforcing hopes for healthy growth in technology spending.

The company, whose shares rose 3 percent, also reported on Tuesday higher-than-expected quarterly profit and revenue, citing a recovery from the economy’s downturn and strong growth in its VMware Inc <VMW.N> software unit.

“EMC is coming out of the worst global recession we’ve seen in our best financial shape ever,” Chief Financial Officer David Goulden said in a conference call.

EMC’s results helped cement a view that industry spending is on the mend after positive earnings reports from hardware companies including Apple Inc <AAPL.O>, Intel Corp <INTC.O>, International Business Machines Corp <IBM.N> and Western Digital Corp <WDC.N>.

BOSTON, Jan 25 (Reuters) – Software maker VMware Inc <VMW.N> forecast 2010 revenue growth to be far above Wall Street expectations, saying customers were becoming more comfortable about investing in new technologies after a budget crunch last year.

Shares of VMware, which makes software that boosts the efficiency of business computers, jumped 18 percent after the company also reported fourth-quarter results that were well ahead of analysts’ forecasts.

VMware projected that revenue could climb between 21 percent and 26 percent this year, after growing just 8 percent in 2009. The software maker, majority-owned by EMC Corp <EMC.N>, saw revenue at $2.45 billion to $2.55 billion, above the $2.28 billion average analyst estimate, according to Thomson Reuters I/B/E/S.

“In January 2009 we would be talking to CIOs and they would say, ‘I don’t even have a budget yet,’” VMware Chief Operating Officer Tod Nielsen said in an interview. “Now it’s a much more normal course. People are saying ‘Here’s my budget. I want to do this.”

BOSTON (Reuters) – Twitter has temporarily disabled one of the features on its website after a security researcher warned of a programing flaw that left the login credentials of its users vulnerable to hackers.

Twitter co-founder Biz Stone said in an email that the company had temporarily cut off access to a feature that lets users display Twitter updates on their websites by using Flash technology.

“Our team has disabled the Flash widget while we look into the problem,” Stone said.

Mike Bailey, a senior security analyst with Foreground Security of Orlando, Florida, said that the problem exploits a widely known vulnerability in Adobe Systems Inc’s Flash programing language.

BOSTON (Reuters) – A security research firm said it discovered another set of vulnerabilities in Internet Explorer, a day after Microsoft Corp patched the Web browser following a high-profile cyber attack on Google in China.

The software maker issued a patch on Thursday to fight malicious software that was used in the attack on Google Inc and dozens of other companies which operate in China.

Research firm Core Security Technologies said on Friday that it discovered another set of vulnerabilities in Internet Explorer that hackers can link together and exploit, to remotely access all of the data on a personal computer.

“There are three or four ways to conduct this type of attack,” said Jorge Luis Alvarez Medina, a security consultant with Boston-based Core, who will demonstrate the vulnerability at the Black Hat security conference in Washington, which begins February 2.

BOSTON, Jan 22 (Reuters) – A security research firm said it discovered another set of vulnerabilities in Internet Explorer, a day after Microsoft Corp <MSFT.O> patched the Web browser following a high-profile cyber attack on Google in China.

The software maker issued a patch on Thursday to fight malicious software that was used in the attack on Google Inc <GOOG.O> and dozens of other companies which operate in China. [ID:nN21236974]

Research firm Core Security Technologies said on Friday that it discovered another set of vulnerabilities in Internet Explorer that hackers can link together and exploit, to remotely access all of the data on a personal computer.

“There are three or four ways to conduct this type of attack,” said Jorge Luis Alvarez Medina, a security consultant with Boston-based Core, who will demonstrate the vulnerability at the Black Hat security conference in Washington, which begins Feb. 2.

BOSTON (Reuters) – Oracle Corp <ORCL.O> will likely win European Union approval to buy Sun Microsystems Inc <JAVA.O> before the end of this week, clearing the way to close the long-delayed $7 billion deal, according to a person close to the company.

Approval of the deal was thrown into question in September, when the European Commission unexpectedly launched an in-depth probe of the acquisition, two weeks after it won U.S. regulatory approval without restrictions.

In December, the Commission signaled that it was optimistic it would clear the deal before a January 27 deadline, after Oracle soothed concerns that its acquisition of Sun’s MySQL unit would hurt competition in the database market.

The acquisition will reshape the high-tech landscape by bringing No. 2 business software maker Oracle into the hardware business. Sun is the top player in the $17 billion-a-year market for high-end computer servers, competing against IBM <IBM.N> and Hewlett-Packard Co <HPQ.N>.