Oracle CEO Larry Ellison outlined the company’s product strategy and vision, reaffirming its commitment to continue to support PeopleSoft product lines until 2013.

Oracle CEO Larry Ellison announced the release by 2008 of “Project Fusion,” the company’s next-generation information- oriented application architecture and application set.

After acquiring the company on January 7, Oracle has now fired 5,000 of PeopleSoft’s employees of which there were only 12,000 to begin with.

A few days ago I went on a rant about Oracle having layoffs and that some of my friends would probably be losing their jobs.

CNET News: “Oracle appears to be adding insult to injury in its merger with PeopleSoft – taking the unusual step of notifying workers of their termination by sending pinks slips via express mail to their homes.

Following completion of its PeopleSoft acquisition, Oracle is in the process of a mass layoff of staff that’s expected to cut thousands of jobs, Infoworld reports.

Usually I don’t post stuff that’s off topic but this calls for it. For those of you that don’t know, Oracle is merging with PeopleSoft and there are going to be massive layoffs on Friday.

Oracle and PeopleSoft have been engaged in an 18th month battle which appears to finally be coming to a conclusion.

Oracle is closing its PeopleSoft acquisition today, after receiving more than 97 percent of PeopleSoft shares in its tender offer.

Oracle Corporation fired PeopleSoft’s co-president and chief financial officer, Kevin T. Parker, and three other top executives, a day after assuming control of the rival software maker in a $10.3 billion takeover …

Oracle announced that PeopleSoft stockholders have tendered approximately 75 percent of PeopleSoft outstanding stock, giving Oracle control of the company.

In 2004 Oracle made its new step toward J2EE application development simplification, releasing the new RAD Oracle JDeveloper 10G.

Learning Tree has announced the addition of Hands-On Oracle Database 10g: Backup, Recovery & Server Tuning to its selection of Oracle-based technology courses.

The potential merger between mobile phone companies Sprint and Nextel may have just hit a bump in the road.

When Internet-based companies, especially ones the size of Oracle and PeopleSoft, announce fundamental changes, responses are usually swift.

Software firm PeopleSoft has agreed to accept Oracle’s proposal to buy the company. The agreement was for $10.3 billion or $26.50 a share. The agreed-upon total is an increase of the initial offering which was for $24 a share. The deal is expected to be complete by January 2005.

Oracle’s Collaboration Suite 10g has new real-time collaboration tools and enterprise content management capabilities.

Oracle will kick off Oracle OpenWorld San Francisco with an exclusive partner symposium, the Oracle PartnerNetwork (OPN) Forum.

Oracle and Novell have decided to expand their longtime partnership into the Linux arena. They have announced that Oracle’s latest database …

Two days after PeopleSoft shareholders tendered their stock for Oracle’s $24-a-share offer, Oracle asked PeopleSoft’s board to accept the offer.

The PeopleSoft Board concluded that PeopleSoft is worth much more than the $24 per share price offered by Oracle. They reiterated that they will not sell the company for less than it is worth.