SAN FRANCISCO (Reuters) – Oracle Corp Chief Executive Larry Ellison and Salesforce.com CEO Marc Benioff publicly ended one of Silicon Valley’s most bitter feuds on Thursday as they leapt into a major alliance aimed at selling more Internet-based software.
On a conference call to outline their new pact, the moguls, who in the past had been harsh critics of each other’s businesses, said they plan to collaborate in the fast-growing area of cloud computing.
SAN FRANCISCO (Reuters) – Software companies Oracle and NetSuite announced an alliance to deliver cloud-based services to mid-size business customers, the third tie-up unveiled this week by Oracle as it pushes further into services delivered over the Internet.
The agreement will focus on integrating Oracle’s software for human resources with NetSuite’s services for enterprise resource planning and will be aimed at mid-size companies, Oracle and NetSuite said.
SAN FRANCISCO, June 26 (Reuters) – Nvidia Corp is
delaying sales of its new handheld game gadget, a setback in the
chipmaker’s bid to use its appeal with personal computer gamers
to challenge console makers like Sony Corp and
On Wednesday, a day before the scheduled launch, Nvidia said
it had discovered a “mechanical issue” in the Shield multimedia
device, which lets users play Android and PC games using either
the built-in screen or on their TVs.
SAN FRANCISCO/SEATTLE, June 24 (Reuters) – Microsoft Corp
said on Monday it would support Oracle Corp
software on its cloud-based platforms, a tie-up aimed at
improving the rivals’ chances against nimbler Web-based
computing companies chipping away at their traditional
The two industry leaders have competed for decades to sell
technology to the world’s largest companies. But they face
growing pressure from new rivals selling often-cheaper services
based in remote data centers, and they are rushing to adapt.
SAN FRANCISCO/SEATTLE (Reuters) – Microsoft Corp and Oracle Corp on Monday announced a tie-up to give the once-fierce rivals a leg up against newer Web-based “cloud” computing companies chipping away at their traditional businesses.
The two industry leaders have competed for decades to sell technology to the world’s largest companies. But they face growing pressure from more nimble rivals selling often-cheaper services based in remote data centers and they are rushing to adapt.
SAN FRANCISCO (Reuters) – Oracle Corp (ORCL.O: Quote, Profile, Research) missed expectations for software sales and subscriptions for the second straight quarter, sending its shares plunging as investors worried CEO Larry Ellison may have trouble getting the technology giant back on track.
On Thursday, Oracle executives forecast that new software sales and subscriptions will rise 0 percent to 8 percent this quarter and blamed weakness in the past quarter on disappointing sales in Asia and Latin America.
SAN FRANCISCO (Reuters) – Oracle Corp on Thursday reported a 1 percent increase in quarterly revenue from new software sales and Internet-based software subscriptions, at the low end of its own forecasts, sending its shares sharply lower.
Oracle, which is trying to fend off increasingly aggressive rivals focused on providing software over the cloud or Internet, also said it will move its stock listing to the New York Stock Exchange in July from the Nasdaq and that it plans to double its quarterly dividend.
SAN FRANCISCO, June 19 (Reuters) – Chip designer ARM
said the size and depth of its partner network across hardware
and software gave it an edge in mobile technology that top
chipmaker Intel Corp and new graphics rival Nvidia Corp
would struggle to match.
Incoming chief executive Simon Segars said the British
company’s power efficient technology was deeply embedded in
smartphones and tablets because it was licensed so widely,
saving chipmakers development costs and ensuring compatibility.
(Reuters) – Shares of chipmaker Nvidia surged nearly 6 percent on Wednesday after the company said it plans to license its graphics technology, opening the door to new business with Apple, Samsung Electronics and other mobile device makers.
Chief Executive Officer Jen-Hsun Huang told the Reuters Global Technology Summit in San Francisco on Tuesday that licensing graphics cores and visual patents would help Nvidia take greater advantage of the booming market for smartphones and tablets and tap markets it could not reach through selling its own chips.
SAN FRANCISCO (Reuters) – Nvidia Chief Executive Jen-Hsun Huang said he will license graphics technology to other companies, a new model for the chipmaker that could lead to new business with Apple, Samsung and other mobile device makers.
Huang told the Reuters Global Technology Summit in San Francisco on Tuesday that licensing graphics cores and visual patents would help Nvidia take more advantage of the booming market for smartphones and tablets and tap markets it could not reach through selling its own chips.