Workday, is all set to go public today, at a valuation of $4.5 billion. It has raised $637 million, by selling close to 22.8 million shares for $28 each.
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Oracle has announced its earnings for Q1FY13, with total revenues down 2% to around $8.2 billion, but net income increasing to $2 billion.
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Oracle has acquired yet another enterprise cloud startup, SelectMinds, a provider of cloud-based employee recruitment and HR services.
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Workday, a cloud based enterprise software company which competes with Oracle, SAP, Salesforce.com and others, has filed for an IPO. It plans to raise $400 million.
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IBM has acquired Kenexa, a social human resources, talent acquisition and management software company, for $1.3 billion.
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In the Google-Oracle billion dollar lawsuit case, the jury has come out with its decision: Google has not infringed Oracle’s patents with Android. Oracle was looking to get $6 billion from the lawsuit. However, now it will go home empty handed.
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Oracle, which has been claiming billions of dollars from Google as damages due to patent infringement related to Android, may have to do with less than $100 million.
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for the third time in a row, Oracle has come up with inflated damage reports claiming more than the applicable reasonable amount. The initial claim from Oracle was a ridiculous 6 billion USD, which has come down to 52.4 – 169 million USD. Google is still not satisfied with these estimates, and has filed a motion to cut this damage list and hence the claim amount, shorter.
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Oracle has claimed in a court filing that Google makes around $10 million in mobile advertising revenue from Android every day.
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While this battle was ongoing, Java founder James Gosling joined and left Google. The Lindholdm email revealed some important facts and Groklaw has presented an analysis of the entire matter. In addition to those events, Google appealed to the Patent and Trademark office (PTO) to re-check Oracle Java patents. The re-examination was favorable for Google, as the PTO has rejected some of Oracle’s Java patents.
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Google bought 1023 more patents from IBM in August, to defend itself and its partners against patent lawsuits from Apple, Microsoft and Oracle.
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With great improvements in the Windows updates mechanism and several Windows XP users moving to a more secure Windows 7 experience, Microsoft is no more featured in the top 10 vulnerability rating of the latest quarterly malware report released by Kaspersky Labs.
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Google just issued an official statement criticizing Microsoft, Apple and Oracle for carrying out a hostile campaign against Android using bogus patents.
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In its war for patents, Google is trying to recruit some foot soldiers. It is hiring patent agents who can help it bulk up its patent portfolio.
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Powered by Google’s Android, millions of smartphones have been sold until now. That makes Andorid the number one smartphone OS in the world and Google aims to generate $1.3 billion via mobile advertising revenue by 2012. Although Google is generating big bucks and Android is marking a huge successes in the smartphone industry, several actions taken by Oracle and Microsoft for patent infringements could damage the OS’s appeal.
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