The high-stakes battle for the Pentagon’s winner-take-all cloud contract

There is a battle afoot, one you might not have heard about yet, but it involves a high-stakes winner-take-all contract for the Department of Defense’s cloud contract. It could involve billions of dollars and when a humongous sum of money meets a set of powerful tech companies, intrigue can’t be far behind. The story even […]

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Oracle’s cloud biz heading in the wrong direction right now

Oracle announced its quarterly earnings last night, detailing that its cloud business grew 32 percent to $1.6 billion in the quarter. That might sound good at first blush, but it’s part of three straight quarters of reduced growth — a fact that had investors jittery over night. It didn’t get better throughout the day today […]

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Oracle grabs Zenedge as it continues to beef up its cloud security play

 Oracle announced yesterday that it intends to acquire Zenedge, a 4-year old hybrid security startup. They didn’t reveal a purchase price. With Zenedge, Oracle gets a security service to add it to its growing cloud play. In this case, the company has products to protect customers whether in the cloud, on-prem or across hybrid environments. The company offers a range of services from… Read More

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Oracle to expand automation capabilities across developer cloud services

Larry Ellison, chairman of Oracle Corp. Last fall at Oracle OpenWorld, chairman Larry Ellison showed he was a man of the people by comparing the company’s new autonomous database service to auto-pilot on his private plane. Regardless, those autonomous capabilities were pretty advanced, providing customers with a self-provisioning, self-tuning and self-repairing database. Today, Oracle announced it was expanding that… Read More

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More long term greed… Tim O’Reilly’s recipe for a successful 2018

 Silicon Valley’s problem, says Tim O’Reilly, is actually a structural problem with our entire economy. What’s gone wrong, O’Reilly argues, is that what he calls “short-term greed” has replaced the traditional “long-term greed” of the market. Read More

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Oracle to buy construction collaboration software maker Aconex for $1.2B in cash

 Oracle will pay $1.2 billion in cash to buy construction software developer Aconex, the companies announced today. Based in Melbourne, Aconex’s cloud-based software allow teams working on building projects to collaborate and share documents. Oracle agreed to pay AUD $7.80 (about $5.97) per share in cash for a total of $1.2 billion. This price represents a 47% premium over… Read More

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Hear from leading venture capitalists at Disrupt Berlin

 TechCrunch Disrupt is returning to Berlin this December, and among the founders and developers speaking, we’re pleased to have leading venture capitalists on stage to talk about fundraising, entrepreneurship and the trends they’re looking to fund. The show is jam-packed, and just like every Disrupt, the focus is on startups and the bleeding edge of technology. Fifteen startups… Read More

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