Oracle Profit Jumps 8 Percent, Though Hardware Sales Decline
Posted by PCWorld
Profits at Oracle climbed 8 percent in the quarter just ended, though hardware sales declined and overall revenue was up only slightly.
Oracle's net profit for the quarter, the fourth of its fiscal year, was US$3.5 billion, or $0.69 per share, the company announced Monday.
Revenue came in at $10.9 billion, an increase of 1 percent from a year earlier. Sales of new software licenses increased 7 percent to $4.0 billion, while software license updates and support revenue climbed 5 percent to $4.2 billion.
Sales of Oracle hardware, including the Unix systems business it acquired when it bought Sun Microsystems, were down 16 percent to $997 million, Oracle said.
For the full year, revenue was up[...]
Continue ReadingOracle's net profit for the quarter, the fourth of its fiscal year, was US$3.5 billion, or $0.69 per share, the company announced Monday.
Revenue came in at $10.9 billion, an increase of 1 percent from a year earlier. Sales of new software licenses increased 7 percent to $4.0 billion, while software license updates and support revenue climbed 5 percent to $4.2 billion.
Sales of Oracle hardware, including the Unix systems business it acquired when it bought Sun Microsystems, were down 16 percent to $997 million, Oracle said.
For the full year, revenue was up[...]
White-Label Security Firm White Sky Raises $7.5 Million From Prism VentureWorks, Trinity Ventures, And Intersections
Posted by TechCrunch
White-label security software provider White Sky has raised a $7.5 million round of financing, as it seeks to staff up after landing major enterprise customers like AOL and Comcast. The round comes from existing investors Prism VentureWorks, Trinity Ventures, and risk management firm Intersections.You might remember White Sky under its former name, GuardID. Around 2007 and 2008 the company was best known for selling a USB-based security stick designed to keep identity thieves away from consumers’ personal data. While it was able to get some traction with the overly paranoid, the company realized that it would need to shift to a different business model to gain wider acceptance[...]
Continue ReadingMicrosoft Unveils Two Surface Tablets Running Windows (liveblog)
Posted by VentureBeat
Microsoft formally announced that the company will begin producing and selling a Surface Tablet for consumers to compete in the tablet market. Two models will be sold, from Microsoft in stores and with retail partners. The first, Surface with Windows RT, is a tablet-esque device that runs on Arm architecture and is expected to act more like traditional tablets today. The second is Surface with Windows 8 Pro, which will ship with a complete version of Windows 8 Professional and run the latest Ivy Bridge i5 processor from Intel and will have power equivalent to today’s Ultrabooks.
No price point has been set for either, but Microsoft has stated that the Surface with Windows RT will be pr[...]
Continue ReadingNo price point has been set for either, but Microsoft has stated that the Surface with Windows RT will be pr[...]
Sharp's New 90-Inch Set Is the Biggest LED HDTV You Can Buy
Posted by PCWorld
Sharp has the HDTV market cornered in terms of absolutely huge sets, with its latest entry being the 90-inch, LED-backlit, Wi-Fi-enabled LC-90LE745U[...]
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