Valleywag
mine is bigger
Posts Tagged “
Oracle
”
mine is bigger
great moments in pr
To push Yahoo deal, Google's dumpster-diving lobbyists recycle talking points
In the '90s, Washington PR firm Chlopak Leonard Schechter pushed anti-Microsoft information that its client, Oracle, had obtained through hiring investigators to rifle through garbage. Now working for Google, Chlopak is taking a greener approach: It's reusing Google-friendly quotes already aired in the press as fill-in-the-blank quotes for other journalists. Chlopak flack Rob Haralson does not note that the quotes, which support Google's proposed deal to take over Yahoo's search advertising, mostly come from Google executives or lawyers speaking anonymously. Still, Haralson may not be acting as strategically as he thinks. The quotes portray the deal, which is facing antitrust scrutiny in Washington, as no more significant than a supplier providing parts to a PC maker. That may not be a particularly good analogy — has Haralson ever sat in on an Intel negotiation? Google's recycled arguments: More »
separated at net worth
Oracle CEO Larry Ellison is Iron Man
Besides creating one of the world's most successful tech companies, Larry Ellison invented the 5 o'clock shadow plus blazer look. He drives an Audi R8 to the gym — the car Top Gear's Jeremy Clarkson described as "like smearing honey onto Keira Knightley." Ellison also owns a gigantic high-tech yacht on to which he disappears for months at a time. Face it, people: He is Tony Stark, known as Iron Man in the press. And his employees think so, too. "Having watched the movie at an Oracle employees premiere," one writes, "I can agree and I'm sure so do my fellow Oracle employees." Clips for comparison, below. More »
larry ellison
Mirror, mirror, on the wall, who is the greediest of them all?
By adding up salary, bonuses and vested or sold equity, Forbes came up with a list of the top 12 richest tech CEOs. And taking over the No. 1 slot from Steve Jobs, who slipped to 11th, is Oracle CEO Larry Ellison — who also topped the list of all American CEOs with $192.9 million in compensation in just one year. Still, not enough to bump him up to 13th place on the world billionaire chart. But surely enough to help a whole lot of cash-strapped school districts. (Photo by AP/Paul Sakuma)
explainer
Why should you care about Google's App Engine?
Now that the announcement of Google's App Engine is official, it's opening up the company's cloud computing infrastructure as an API platform for Web application developers. Basically, it binds computing power, storage and database tools — much like Amazon.com's EC2, S3 and SimpleDB, respectively, but all tied together into one package. Plus, for the first 10,000 beta users at least, it'll be completely free up to a certain level of usage. What's in it for Google? More »
wantrepreneurs
Jon Fisher desperately wants you to know he sold a company to Oracle
Meet Jon B. Fisher, former CEO of three software companies, including security firm Bharosa. In the clip above, Mark Cannice of the University of San Francisco asks Fisher if he regrets selling Bharosa to Oracle. Fisher does not. He tells us, "Bharosa returned 6X to investors in 3 years." Given Bharosa raised $2 million and that a company at its stage typically sells 25 percent of the company to outside investors, figure Fisher sold to Oracle for maybe $48 million. It's decent bank, but we're starting to wonder if Fisher — not a Bharosa founder — didn't get enough equity for himself before the sale. More »
earnings
Oracle earnings and sales up big, but still not enough for the Street
Oracle's quarterly profit rose 30 percent while revenue climbed 21 percent and margins improved — but the stock is down almost 10 percent in after-hours trading. Why? Growth fell short of expectations. Let this be a lesson to anyone thinking about taking a company public — I'm looking at you Mark Zuckerberg — the public is very unforgiving. You can't rest on your laurels. Companies must come up with new ways to make money that are both profitable and sexy. It's not enough to, as Oracle did, merely buy your competitors.
acquisitions
Ellison to Yang: get over it
Oracle founder and longtime Microsoft opponent Larry Ellison believes Microsoft-Yahoo is a good idea. "MSN is modestly successful," Ellison told the New York Times. "It would be a formidable portal combined with Yahoo." Ellison also suggested Yahoo CEO and cofounder Jerry Yang might not know what's best for the company. Company founders, said the guy who's completed two hostile takeovers in the last four years, "sometimes have a hard time separating their emotions from what's best for shareholders."
filthy rich
Mark Zuckerberg and 46 others make up the Bay Area billionaires list
Who's the richest billionaire in the Bay Area? No surprise here: Oracle founder and yachting enthusiast Larry Ellison, is the 14th wealthiest in the world (which must grate on him something fierce) with $25 billion. Trailing him are a trio of Googlers, Larry and Sergey with almost $19 billion each and CEO Eric Schmidt with $6.6 billion. Facebook founder Mark Zuckerberg, the youngest billionaire is pegged at $1.5 billion and outgoing eBay CEO Meg Whitman, one of only 99 women on the list, has $1.3 billion. Other local billionaires include Steve Jobs, Charles Schwab and George Lucas. Grab the full list from Forbes.
100-word version
Fake Larry Ellison to Steve Ballmer: The 100-word version
A MarketWatch reporter pens a faux-advice letter from sailing-obsessed takeover king Larry Ellison to Microsoft CEO Steve Ballmer. It's far too long to read the whole thing, so I'll do the work for you. Here's the 100-word version:I have to tell you Steve, I frankly think you show too much. Have you ever seen me jumping up and down in a monkey-dance, red-faced, out of breath, screaming, "I ... LOVE ... THIS ... COMPANY?" You need to be more Zen, cool, calm and collected, like ageless me.More »
rumormonger
Benioff pushing Salesforce on Oracle?
Salesforce.com representatives have quietly approached Oracle to see if it would buy the company for $75 a share, Tom Foremski reports. Oracle CEO Larry Ellison already owns a piece of Salesforce, but he's also an early investor in NetSuite, a rival service for online customer-relationship management. The offer, if true, would be a 47 percent premium over Salesforce.com's share price before this morning market opening. More »
BEA has told its employees not to blog about the software maker's impending merger with Oracle. For the record, we stand with BEA management on this one. BEA employees, why go through the trouble of blogging when you can just send us tips and let us take care of it for you? [Docu-Drama]
Global Equities Research analyst Trip Chowdhry on Oracle's purchase of BEA Systems: "Contacts tell us that Oracle delayed giving yearly raises to its employees for a quarter to fund the acquisition, which indicates seriousness on Oracle's part to have the acquisition done." [Epicenter]
acquisitions
Oracle vs. BEA -- the 9-word version
As we've chronicled, Oracle CEO Larry Ellison has conducted a war of words with BEA in his protracted takeover fight, threatening to pull his $17-a-share bid or make a lower offer. BEA's board also said it would accept nothing lower than $21 a share. In the end, BEA sold for $19.375 a share. The Wall Street Journal's explanation? "Don't believe anything anyone says in a takeover fight." That sounds about right.
acquisitions
Oracle and Sun attack the stack
Oracle has acquired BEA for $8.5 billion. Sun has acquired MySQL for $1 billion. These events are not coincidence. Oracle, which already makes a database, wants to add BEA's software on top of that database. Sun, which makes application servers and other software which connects to databases, wants to slip MySQL in underneath that layer. It all adds up to what geeks and software salesmen call a "stack," or a complete package of interconnecting programs. More »
11:55 AM on Wed Jan 16 2008
By Owen Thomas
613 views,
6 comments
valley spawn
Megan Ellison loves the ladies, just like Dad
That New York Post item about an "Internet billionaire" and his "lady-loving," "wild-child" daughter who's been to rehab twice still has us thinking. Former Yahoo CEO Terry Semel's daughter Courtenay is wild enough, but her dad's not rich enough. How about Megan Ellison, daughter of Oracle CEO Larry Ellison, the aspiring film producer? Her MySpace profile lists her as "bi". And while we haven't heard anything about stints in rehab, she did write the following in a MySpace blog entry: More »
Oracle's quarterly profit rose 35 percent year over year, while sales rose 28 percent. Oracle says its results indicate the company is gaining market share at the expense of rivals SAP and IBM. We say it's because boring is the new interesting. [Reuters]
explainer
