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Oracle To Fire Thousands Of Former Sun Employees Reckons Analyst

Oracle To Fire Thousands Of Former Sun Employees Reckons Analyst

News Software

Oracle may axe half of the Sun Microsystems' workforce of 27,000 employees when it will take the reins of the beleaguered company in the coming few weeks, an analyst at UBS AG forecasted. The gloomy prediction came from Brent Thill, an analyst with San Francisco-based firm UBS AG, and was reported by Bloomberg News. Thill claimed that Oracle will shed around 13,800 people from Sun, when the $7.4 billion takeover closes in. Incidentally, Oracle, the second-largest...



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A US diplomatic cable released by Wikileaks claims that the US government pressured the European Union to approve the Oracle-Sun merger deal.The cable reveals that US officials met with EU representatives on behalf of Oracle to...


Oracle Provides With More Clarity Over Sun Microsystems Acquisition

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Oracle chief executive Larry Ellison on Wednesday exalted the completion of the long pending $7.4 billion takeover of the beleaguered software & hardware company Sun Microsystems, after the European Commission cleared off the...


Save MySQL Petition Gathers More than 14,000 Names

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News Software

A petition filed last month by the MySQL creator and co-founder Michael "Monty" Widenius to stop Oracle from buying out the open source database has gathered support from 14,000 signatories. In an attempt to stop the takeover,...


Oracle Promises Not To harm MySQL To Please EU

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News Security

Oracle’s high-profile takeover of Sun Microsystems appears all set to be cleared by the European Commission regulators, after the former pledged to safeguard competition in the database software segment, according to media...


Oracle To Meet EU Legislators Over Sun Microsystems

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News Security

 Oracle is to meet European Union regulators early next month in a bid to persuade them to speed up the approval procedure for the pending acquisition of Sun Microsystems, according to Reuters.The website is quoting two...


EU Could Issue Legal Objection Against Oracle-Sun Deal

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Oracle could face legal objection from the European Commission for its proposed $7.4 billion acquisition of Sun Microsystems, the Financial Times reported.Citing a source close to the process, the FT reported that Oracle has...


HP, Cisco Could Buy Brocade Soon

HP, Cisco Could Buy Brocade Soon

News Hardware

The competition amongst major players in the networking equipment market is likely to go up in any of them manage to purchase Brocade, a company known for its robust storage and networking solutions.  Amongst the names...


EU's Investigation Of Oracle And Sun Could Cause Rift With Us, Warns Expert

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News Mobile & Telco

The European Commission's decision to investitgate Oracle's purchase of Sun Microsystems under competition rules could lead to a major rift with US authorities, a competition law expert has warned. Alan Davis, a competition law...

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