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Oracle Corporation (NASDAQ: ORCL) announced this week new benchmark results for its SPARC T-Series and SPARC Enterprise M-Series servers. “Oracle is committed to at least doubling application performance every two years on its SPARC servers with innovative hardware features, engineered and tuned to maximize our award-winning software, ” said Mas...

Oracle (NASDAQ: ORCL) announced President Safra Catz will take on the additional role of CFO, on a permanent basis. Catz replaces the resigning Jeffrey Epstein. “Safra already has the long-standing confidence of our employees, our board and our shareholders, ” CEO Larry Ellison said. “There is no more logical choice for CFO.”...

Oracle (NASDAQ: ORCL) rolled out its numbers for the third quarter of fiscal 2011, reporting a 37 percent jump in GAAP revenues to $8.8 billion. “Q3 performance was broad based with all geographies reporting revenue growth of 30 percent or higher, ” President Mark Hurd said. “The sequential revenue growth for Exadata and Exalogic w...

Oracle (NASDAQ: ORCL) released the following financial statement: The firm’s “third quarter fiscal year 2011 results will be released on Thurs., March 24, after the close of the market. Oracle will host a conference call and live web broadcast at 2:00 p.m. PST to discuss the financial results. The live web broadcast will be available o...

Oracle has been issued a “strong positive” rating from Gartner, Inc. in the analyst’s “MarketScope for Local Government CRM Products.” According to the firm, “the report compares the offerings of nine providers of CRM commercial off-the-shelf software for local government agencies. It helps local government chief informat...

Oracle (NASDAQ: ORCL) has organized a strategic investment in Mellanox Technologies, Ltd. (NASDAQ: MLNX) (TASE: MLNX), a firm focused on end-to-end connectivity solutions for servers and storage systems. The firms have had a working partnership and the move figures to enhance that relationship. According to Oracle, “Mellanox’s InfiniBand...

As more corporations begin to transition their data into the cloud and tap into web-based applications, the global cloud-computing market is continuing to grow at a rapid rate, expected to cross $25 billion by the end of 2013, according to a new report by Renub Research. Providers such as IBM, Oracle and Microsoft are helping...

HP named Léo Apotheker to the position of CEO and president. Apotheker is the former CEO of SAP and will also come on to HP’s board of directors. The board also elected Ray Lane of Kleiner Perkins Caufield & Byers to the board, and designated him as non-executive chairman. Both elections will take effect Nov....

Oracle (NASDAQ: ORCL) announced that Chicago Public Schools has upgraded to the company’s E-Business Suite Release 12.1 to enhance functionality and growth while contending with strict budgetary and staffing constraints. According to the firm, “Chicago Public Schools has been able to reduce the previous systems customizations with minor ...