Oracle CEO Safra Catz speaking at Oracle OpenWorld 2019 in San Francisco
The trio of defeats underscore the limits of a strategy that relied on Oracle’s ties to the Trump White House and other politicians and ratchet up the pressure on Ellison and Chief Executive Officer Safra Catz to find ways to keep the existing product lineup vital.
“They’re just throwing everything against the wall at this point to see what sticks,” said Anurag Rana, an analyst at Bloomberg Intelligence. But to improve its fortunes, Oracle will have to focus on the fundamentals of its software business. “The big issue for them is how to revive growth and it does not look like much is happening on that front,” he added.
With great fanfare last week, 44 attorneys general hit Google with two antitrust complaints, following a landmark lawsuit the Justice Department and 11 states lodged against the Alphabet Inc. unit
Oracle lobbyist couldn t be happier about Google antitrust lawsuits - Silicon Valley Business Journal bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
Oracle’s hidden hand is behind the Google antitrust lawsuits
Under Executive Chairman Larry Ellison, Oracle worked behind the scenes for years to persuade regulators and law enforcement on at least three continents to rein in Google.
(Eric Risberg / Associated Press)
With great fanfare last week, 44 attorneys general hit Google with two antitrust complaints, following a landmark lawsuit the Justice Department and 11 states lodged against the Alphabet Inc. unit in October.
What’s less known is that Oracle Corp. spent years working behind the scenes to persuade regulators and law enforcement agencies in Washington, more than 30 states, the European Union, Australia and at least three other countries to rein in Google’s huge search-and-advertising business. Those efforts are paying off.