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CFOs On the Move: Week Ending March 24
Ally Financial, NFL, Papa Johns, Overair, LastPass, Curbio, Hinge Health, Momnt, Sealed Air, Infobip
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Lauren Muskett
| March 24, 2023
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CFOs On the Move: Week Ending March 24
Ally Financial, NFL, Papa Johns, Overair, LastPass, Curbio, Hinge Health, Momnt, Sealed Air, Infobip
By
Lauren Muskett
| March 24, 2023
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M&A
Oracle to Buy Cerner in $28B Health Care Play
“Both Microsoft and Oracle, analysts say, see the huge health care market as a path to strengthening their positions in the cloud business.”
By
Matthew Heller
| December 20, 2021
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Financial Performance
Oracle Misses on Sales Again Despite ERP Gains
The company's autonomous database and ERP products will “determine Oracle's future in the cloud,” CTO Larry Ellison says.
By
Matthew Heller
| December 13, 2019
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Risk & Compliance
Tesla Adds ‘Big Believer’ Larry Ellison to Board
Some analysts question whether the Oracle co-founder can bring independent oversight to Tesla given his friendship with Elon Musk.
By
Matthew Heller
| December 28, 2018
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The Cloud
Oracle Floats In on the Cloud
The company, once a latecomer to the cloud space, says it has "turned the corner."
By
William Sprouse
| June 22, 2017
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The Cloud
Oracle Beats Estimates, Cloud Revenue up 63%
"Our pivot to the cloud is now clearly in full swing," Oracle co-CEO Safra Catz says.
By
Matthew Heller
| March 17, 2017
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The Cloud
Oracle’s Cloud Sales Rise 62% But IaaS Lags
Total second-quarter revenue missed estimates as Oracle's “public cloud” infrastructure sales grew only 6%.
By
Matthew Heller
| December 16, 2016
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The Cloud
Oracle Boosts Cloud Offerings With Dyn Deal
The acquisition fits Oracle's strategy of challenging Amazon’s leadership in the infrastructure-as-a-service market.
By
Matthew Heller
| November 22, 2016
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The Cloud
Oracle Buys NetSuite to Expand Cloud Presence
While Oracle aims to be the "biggest company in the cloud," cloud software as a service accounts for just 6.5% of its revenue.
By
Matthew Heller
| July 28, 2016
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The Cloud
Oracle Beats Q3 Estimates, Shows Cloud Growth
Oracle’s total cloud revenue in the quarter ended Feb. 29 rose 40% to $735 million.
By
Matthew Heller
| March 16, 2016
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Technology
Oracle CFO Catz Tapped as Co-CEO
Safra Catz will share chief-executive duties with Mark Hurd, but still focus on manufacturing, finance and legal operations.
By
Matthew Heller
| September 19, 2014
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Human Capital & Careers
Is Oracle Pay Move about Show or Dough?
The company’s top three executives are getting plenty of ink for refusing bonuses that were due them. But the eschewed amounts are so small, the motivation for the decision is murky.
By
David McCann
| September 24, 2013
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