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Larry Ellison boasts fully automated database launch coming at OpenWorld

Oracle’s (NYSE:ORCL) FY1Q18/CY3Q17 earnings release reported Cloud SaaS revenues eclipsing the $1 billion mark, growth of more than $100 million sequentially. Cloud PaaS and IaaS, the company's cloud segment of greater opportunity according to previous commentary from executives, fared worse in the quarter, increasing a mere $3 million sequentially. Despite software license and har … Read more »

Joey Cresta

Northrop Grumman (NYSE: NOC) rarely acquires companies; so when it does, the defense industry takes notice. That was certainly the case on Sept. 18, when the company broke its years-long M&A hiatus by announcing its intent to purchase Orbital ATK (NYSE: OA). The deal, expected to close in 1H18, would complement and multiply the benefits of Northrop’s internal investments in affordability and technological differentiation, positioning the company well to pursue emerging o … Read more »