Oracle’s stock has seen its best day in nearly a year on positive coverage of its cloud business by Barron’s, although some critics are not impressed.
Oracle Scores Big Cloud Wins
Oracle has scored some big wins as it takes on larger cloud rivals.
Safeway Sold for About $9.4 Billion
Safeway Inc., the second largest U.S. grocery store chain, said Thursday it agreed to be acquired by the supermarket chain Albertson’s, which is backed by the private equity firm Cerberus Capital Management, for about $9.4. billion. Albertson’s offer price was…