To wrap your head around how much someone like Larry Ellison makes, try comparing his compensation to the median income of an American household — $49,777. His 2008 take of $543 million is the equivalent of the annual earnings…
Software company SAP must pay rival Oracle interest on a $1.3 billion copyright infringement verdict, a federal district judge has ruled.
Continue reading SAP Faces $16.5 Million Interest Payment in Oracle Laws…
Stocks closed modestly mixed on light volume Friday in the last full trading week of the year, which marked the third week in a row of overall gains. While drugmakers Pfizer and Merck put a damper on the Dow, robust earnings fr…
On-demand-software giant Salesforce.com just acquired a cloud software startup called Heroku for $212 million in cash. That’s par for the course these days as cloud computing goes from buzzword to reality. And venture capitalis…
Are traders expecting a sell-off in big tech? Short sellers have increased their gambles against big-tech shares in the period that ended Nov. 30, with shares sold sold short in Intel rising 81%.
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