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Sun Microsystems slashing up to 3,000 jobs, 10 percent of staff, as it awaits Oracle takeoverSun Microsystems slashing up to 3,000 jobs, 10 pct SAN FRANCISCO — Sun Microsystems Inc. plans to eliminate up to 3,000 jobs as it awaits a takeover by Oracle Corp., a deal that is being held up by antitrust regulators in Europe. Sun Microsystems slashing up to 3,000 jobs as it awaits takeover by OracleSun Microsystems slashing up to 3,000 jobs SAN FRANCISCO — Sun Microsystems Inc. plans to eliminate up to 3,000 jobs over the next year as it awaits a takeover by Oracle Corp. IBM puts top exec on leave after insider-trading charge; had been seen as possible heir to CEOIBM puts executive on leave after charges SAN FRANCISCO — IBM Corp. put a top executive on leave Monday after he was charged in an insider trading scandal for allegedly leaking secrets about IBM's earnings and financial dealings with corporate partners. IBM bumps up ‘09 profit forecast again, but timing of tech spending turnaround is elusiveIBM sees better profit despite tech sales slump SAN FRANCISCO — IBM Corp. is a rare example of a company that has kept boosting profit even as the recession has sapped its sales. IBM raises ‘09 guidance again; customers tightfisted but company expects to wring more profitIBM boosts '09 guidance again even as sales slump SAN FRANCISCO — IBM Corp. has jacked up its profit guidance for the second time this year, a sign of the company's confidence that it can uncork more profit from its business despite falling sales. Oracle CEO Ellison challenges IBM: “make our day” in business software battleOracle's Larry Ellison to IBM: "make our day" SAN FRANCISCO — Larry Ellison ratcheted up his rhetoric against IBM Corp. on Wednesday, challenging Oracle Corp.'s longtime partner and rival to "make our day" in a battle over business software performance. Oracle and Sun Microsystems Launched Oracle Exadata, First OLTP Database Machine
Gates still Forbes’ richest American, 4 Indians among top 400WASHINGTON - Four Indian Americans are among America's super-rich with Microsoft Corp co-founder Bill Gates still holding the top spot on the Forbes 400 list of wealthiest Americans with a fortune of $50 billion. Xerox joins race to boost tech offerings with $6 billion deal for Affiliated Computer ServicesXerox in $6B deal to expand tech services business NEW YORK — Xerox Corp. said Monday it will buy Affiliated Computer Services Inc. for $6.4 billion in cash and stock, joining the expensive race among technology companies to broaden their offerings. |
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Sun Microsystems and Oracle recently released Exadata V2 which is a combination of technologies from both of the companies. Essentially, the new database machine is a complete package of software, servers, storage and networking for all data management, including data warehousing, transaction processing and consolidated mixed application workloads Software and it was mooted by Larry Elison, CEO of Oracle. The company also claims that the new machine is 10 times to 50 times faster than the other data warehousing machine. While the servers perform heavy computing tasks, the company can store and retrieve information by using the database software.
