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Latest Oracle Corp. Items
Coming off the biggest quarterly loss in Hewlett-Packard's history, CEO Meg Whitman braced investors for even more trouble ahead as she methodically tries to fix a wide range of longstanding problems. Those challenges will be compounded by a feeble economy that Whitman expects to weaken even more during the next year.
Oracle CEO Larry Ellison envisions his recently acquired Hawaiian island becoming a "little laboratory" for experimenting with more environmentally sound ways to live.
Raymond Moore has become chief executive officer of the Indian Wells Tennis Garden and the BNP Paribas Open, the joint ATP-WTA pro event played every March in the Southern California desert.
Nokia says it will make its maps and location services available to customers of Oracle Corp. with a built-in link created by the U.S software maker.
Internet company Yahoo says Chief Financial Officer Tim Morse is leaving the company and will be replaced in October by Ken Goldman.
Oracle Corp. has boosted the pay of founder and CEO Larry Ellison to $96.2 million, up from $77.6 million a year earlier.
Larry Ellison, the founder and CEO of Oracle Corp. and one of the wealthiest people in the world, saw his pay jump to $96.2 million last year.
Oracle joined a recent procession of technology companies that have stumbled in a shaky economy, but management's forecast for the next few months seemed to persuade investors the business software maker will quickly regain its stride.
Oracle's earnings matched analyst estimates in the latest quarter, but a revenue decline signaled the business software maker is having a tougher time closing deals.