Sun Microsystems stockholders approve $7.4B takeover by OracleJuly 16th, 2009 Sun shareholders approve $7.4B Oracle dealSAN FRANCISCO — Sun Microsystems Inc.'s shareholders have approved the $7.4 billion sale of the struggling company to business software maker Oracle Corp. About 62 percent of Sun's shares were cast in favor of the deal at a special meeting Thursday.
Sun Microsystems to hold global conference in HyderabadFebruary 3rd, 2009 HYDERABAD - Given the growing international profile of the Indian software industry, Sun Microsystems is organising its global annual developer conference here Feb 18-20 for the third time in as many years. James Gosling, the father of Java programming language and Matt Thompson, senior director, cloud developer platform, will be the keynote speakers at the three-day event, designed to showcase how developers can leverage Sun technologies, services and products.
AP Sources: YouTube to offer online movie rentals, following in footsteps of iTunes, AmazonSeptember 2nd, 2009 AP Sources: YouTube to offer online movie rentalsLOS ANGELES — YouTube, Google Inc.'s online video streaming service, is in talks with Hollywood studios to rent new release movies online, according to people familiar with the talks. The move follows similar deals by Apple Inc.'s iTunes and others.
Standard Microsystems posts 1st-qtr loss as revenue slides, but outlook sends shares higherJune 25th, 2009 Standard Microsystems post 1Q loss, lower salesHAUPPAUGE, N.Y. — Chip maker Standard Microsystems Corp.
Tech Mahindra in talks with Satyam's Australian clients to salvage reputationJune 25th, 2009 MELBOURNE - Tech Mahindra, which took over scandal hit Satyam Computer Services, will hold high-level talks with key Australian corporate clients of the troubled IT firm in a bid to salvage the reputation of the company. National Australia Bank is one of the key customers Tech Mahindra executive vice-chairman Vineet Nayyar will be meeting next week.
Oracle to acquire Sun Microsystems for $7.4 billionApril 20th, 2009 REDWOOD SHORES - US-based software major Oracle Corp plans to acquire Sun Microsystems for $7.4 billion at $9.50 per share in a cash transaction, the two companies said Monday. 'We expect this acquisition to be accretive to Oracle's earnings by at least 15 cents on a non-GAAP (non-generally accepted accounting practices) basis in the first full year after closing,' Oracle president Safra Catz in a statement.
Troubled Yahoo names Bartz new CEOJanuary 13th, 2009 SAN FRANCISCO - Struggling web pioneer Yahoo has named Carol Bartz, the former head of software company Autodesk, as its new chief executive. The appointment follows a two-month search for a replacement for company founder Jerry Yang, who was widely blamed for botching merger talks with Microsoft that would have proved highly lucrative to many shareholders.
Talks on stalled Kerala project to commence next monthAugust 21st, 2009 KOCHI - Talks will resume next month with Smart City Dubai to take forward the proposed Smart City Kochi project, a Rs.1,500-crore ($316-million) software township, according to Fisheries Minister and project chairman S. Sarma. The Kerala government has intimated to Smart City Dubai - a Dubai-based company that is into setting up self-sustained townships for knowledge-based industries - that the talks could be held over two days between Sep 7 and Sep 10, Sarma told reporters here Friday.
Two-day talks on Kochi IT township inconclusiveSeptember 10th, 2009 THIRUVANANTHAPURAM - The two-day talks between the Kerala government and Smart City Dubai to take forward the proposed Smart City Kochi software township project turned out to be inconclusive, but both parties were confident that the deadlock would be broken. Emerging after the meeting, Chief Secretary Neela Gangadharan, who led the Kerala delegation, said discussions were yet to be concluded and would continue.
AP Sources: YouTube may offer online movie rentals, following in footsteps of iTunes, AmazonSeptember 2nd, 2009 AP Sources: YouTube may offer online movie rentalsLOS ANGELES — YouTube, Google Inc.'s online video streaming service, is in talks with Hollywood studios to rent new release movies online, according to people familiar with the talks. The move follows similar deals by Apple Inc.'s iTunes and others.
Sun Microsystems expects fiscal 4th-quarter results below Wall Street estimatesJuly 14th, 2009 Sun Micro expects 4Q results below estimatesSANTA CLARA, Calif. — Sun Microsystems Inc.
Alinghi 'regrets' Oracle snubbed talks to resolve dispute over next America CupMay 8th, 2009 Alinghi laments Oracle snubbing talks to end spat
GENEVA — America's Cup winner Alinghi said Thursday it "regrets" that challenger Oracle has rejected its offer to resume talks aimed at resolving a dispute over the next race. Alinghi's home club, Societe Nautique de Geneve, said it sent a letter to Golden Gate Yacht Club, which backs BMW Oracle Racing, inviting it to discuss the date, venue, race format and participation of other teams in the next race.
Justice Department wants more information about Oracle's takeover of Sun MicrosystemsJune 27th, 2009 Regulators extend review of Oracle's Sun takeoverREDWOOD SHORES, Calif — The Department of Justice wants more information about Oracle Corp.'s planned takeover of computer server maker Sun Microsystems Inc., extending the agency's review of the $7.4 billion deal. Software maker Oracle said in a statement Friday that the Justice Department has extended its initial 30-day review period to seek additional information.
Sony joins Vevo music video siteJune 4th, 2009 Sony becomes 2nd label on Vevo music video site
LOS ANGELES — Recording company Sony Music Entertainment has joined Vevo, an online music video site due to launch this year with the backing of Universal Music Group and YouTube. The music unit of Sony Corp.
Yahoo to name Carol Bartz as CEO: ReportJanuary 13th, 2009 SAN FRANCISCO - Yahoo Inc. is expected to name Carol Bartz, former head of software company Autodesk, as its next chief executive officer (CEO), Wall Street Journal reported Tuesday.
March 19th, 2009 at 5:17 am
IBM buying Sun is sooo last century. With Sun out of gas, who cares if IBM buys the company or it “winds down” like DEC. Doesn’t IBM have something innovative to do with all that money - like Apple and Google have?