WebProNews

Sun Losing $100 Million a Month as Oracle Waits

Sun Microsystems is losing about $100 million a month according to Larry Ellison, CEO of Oracle, the company that's set to acquire Sun. Oracle is waiting to get clearance from European regulators before the deal can go through and Oracle can step in and try to put an end to this loss.

NetSuite Optimistic About Its IPO

Three bucks isn't much, but to look at it another way, it's about 19 percent of sixteen dollars.  So we're at least mildly impressed that NetSuite, a business software maker, has been able to raise the expected price range of its IPO by that much.