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Traditional Tech's Cloud Comeback

Traditional Tech's Cloud Comeback
forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.

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Oracle's Years-Long Washington Offense Ends in Trio of Defeats

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. ....

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When You Can't Innovate, You Litigate: Oracle Gleefully Takes Credit For Attacks On Section 230 And Google

Tue, Dec 29th 2020 9:41am
Mike Masnick
A few weeks ago, Oracle announced that it was moving its headquarters out of Redwood Shores, in the middle of Silicon Valley, to Austin, Texas. The move is more symbolic than anything else. The company told employees they can continue working from wherever they want and founder Larry Ellison sent an email to all employees saying he ll be working from the island of Lanai, which he purchased a few years ago. But the symbolism of the move works in multiple ways. Despite being founded and headquartered in Silicon Valley for almost half a century, Oracle has long represented the anti-Silicon Valley approach to innovation. ....

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Oracle's hidden hand is behind the Google antitrust lawsuits | Business

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 ....

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Oracle lured to Texas by lower payrolls, labor pool

Oracle lured to Texas by lower payrolls, labor pool
Nico Grant, Bloomberg
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Oracle Corp. headquarters in Redwood City, Calif.Bloomberg photo by David Paul Morris
Oracle Corp. s surprise decision to shift its headquarters to Texas from California marks a strategic realignment for the Silicon Valley stalwart that s likely to yield long-term financial benefits like lower payroll costs and the potential to more easily recruit future employees.
The world s second-largest software maker said last week that it would no longer designate its longtime base in Redwood City as its main office, ending an era for a company that helped define the technology industry through the 1980s and 90s. The embrace of Texas seems designed to curtail costs over time, in contrast to the San Francisco Bay area, which has grown increasingly expensive for corporate payrolls and individuals. ....

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