Oracle CEO Mark Hurd says that because they have a founder like Larry Ellison they are focused on generational changes. “At the end of the day what’s in our DNA deeply is to build for the future,” said Hurd.
Oracle’s Larry Ellison introduced the Generation 2 Cloud at Oracle OpenWorld 2018 yesterday with a primary emphasis on security. “Other clouds have been around for a long time, and they were not designed for the enterprise,” Ellison said.
The release by Oracle of its AI-powered Autonomous Database Cloud earlier this year and adding Transactional Processing last week is huge for Oracle and its customers who need this cutting edge technology.
Oracle posted its fiscal 2013 Q1 earnings report on Thursday. While profits were up 15%, revenues were down 2% to $8.2 billion, though GAAP new software licenses and cloud software subscriptions were up 5% to $1.6 billion. Non-GAAP new software…
Following the announcement of HP CEO Mark Hurd’s departure, the attorney of Jodie Fisher, the contractor who made the sexual harassment claim against him released a statement from her client.
Fisher had the following things to say:
"I was surprised and saddened that Mark Hurd lost his job over this. That was never my intention."