Business News

Ellison gives up Oracle CEO role, becomes chairman

Oracle says Larry Ellison is stepping aside as CEO of the company he founded. The business software maker promoted Safra Catz and Mark Hurd to replace him as co-CEOs.

Thu 18 Sep 14 from

Other sources:, iTWire , Gizmodo (2), Techspot, USA today (4) show all (14) »

Is Alibaba carpet ride over for Yahoo?

Most of Yahoo's value is derived from 22.4% stake in Alibaba. What happens now that BABA has gone public?        

2 hours ago from USA today

Other sources: USA today, CNET, TechCrunch show all (4) »

Why Alibaba IPO fared much better than Facebook's IPO

Alibaba and its banking team played its road show superbly, creating the biggest IPO ever.        

2 hours ago from USA today

Other sources: CNET (3), TechCrunch, Reuters Technology (2) show all (4) »

Microsoft axes 2,100 as job cuts continue

Microsoft on Thursday said that it axed 2,100 jobs in a second round of cuts which were announced earlier this year.

Thu 18 Sep 14 from

Other sources:, BBC Technology, iTWire , Arstechnica, Techspot show all (12) »

Alibaba surges in Wall Street debut

A buying frenzy sent Alibaba shares sharply higher Friday as the Chinese online giant made its historic Wall Street trading debut.

9 hours ago from

Other sources: (5), Arstechnica, TechCrunch, USA today (2) show all (5) »

Texas man must pay $40.4M for running Bitcoin-based scam, court rules

Judge labels Bitcoin Savings and Trust a "sham and a Ponzi scheme."

5 hours ago from Arstechnica

Other sources: Arstechnica show all (2) »

SAP will buy Concur Technologies for $7.36 billion

German business software maker SAP said it will buy travel and expense management software company Concur Technologies for $129 per share, or about $7.36 billion.

Thu 18 Sep 14 from

Other sources:, iTWire , Reuters Technology (2) show all (4) »

Alibaba's plan: Today, China. Tomorrow, the world.

Amazon and eBay should watch their backs. As Chinese e-commerce powerhouse Alibaba readies what could be the biggest initial public offering ever on the New York Stock Exchange, it is quietly ...

Thu 18 Sep 14 from

Other sources:, CNET (2) show all (3) »

Alibaba's Ma rides 'Forrest Gump' story to riches

In his long road to riches, Alibaba founder Jack Ma says his inspiration has been the film character "Forrest Gump."

12 hours ago from

Other sources: show all (1) »

Microsoft—and a bunch of politicians—support AT&T's purchase of DirecTV

Customers, advocacy groups fight lonely battle against merger.

11 hours ago from Arstechnica

Other sources: Arstechnica (2) show all (2) »

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