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Nearly 3 out of 4 Oracle Java users say they've been audited in the past 3 years

A survey of 500 IT asset managers in organizations that use Oracle Java has found that 73 percent have been audited in the last three years. Deal to 'save' UK colleges £45M in Oracle Java licensing fees followed audit requests READ MORE At the same time, nearly eight out of 10 Oracle Java users said they had migrated, or planned to shift, to open source Java to try to avoid the risk and high costs of the dominant vendor's development and runtime environments. Oracle introduced a paid subscrip

Trump’s prospective TikTok buyer reportedly includes Oracle, Blackstone, a16z

In Brief After pushing the TikTok sale date back yet again, President Donald Trump said in an interview on Sunday that he had found a potential buyer for the ByteDance-owned platform. Though the president said he will not reveal the identities of the buyers for another couple of weeks, Bloomberg is reporting that the buyer is a group of investors from Oracle, Blackstone, and VC firm Andreessen Horowitz (a16z). According to the report, these investors had made a bid, but it lost momentum amid t

Oracle stock jumps after $30 billion annual cloud deal revealed in filing

Oracle CEO Safra Catz speaks at the FII PRIORITY Summit in Miami Beach, Florida, on Feb. 20, 2025. Oracle shares jumped more than 5% after a recent filing showed a cloud deal that would add over $30 billion annually. CEO Safra Catz is slated to share the deal news at a company meeting Monday, according to a filing with the Securities and Exchange Commission. The revenues are expected to start hitting in the 2028 fiscal year. "Oracle is off to a strong start in FY26," Catz is expected to say,

JavaScript Trademark Update

On June 18, the Trademark Trial and Appeal Board (TTAB) dismissed our fraud claim against Oracle. We disagree with this decision. That claim alleged Oracle knowingly misled the USPTO in its 2019 renewal by submitting a screenshot of the Node.js website to show use of the “JavaScript” trademark. As the creator of Node.js, I find that especially offensive. Node.js was never an Oracle product or brand. Oracle didn’t create it, didn’t run it, and wasn’t authorized to use it to prop up its trademark

UK unis to cough up to £10M on Java to keep Oracle off their backs

UK universities and colleges have signed a framework worth up to £9.86 million ($13.33 million) with Oracle to use its controversial Java SE Universal Subscription model, in exchange for a "waiver of historic fees due for any institutions who have used Oracle Java since 2023." Jisc, a membership organization that runs procurement for higher and further education establishments in the UK, said it had signed an agreement to purchase the new subscription licenses after consultation with members.

Oracle's stock closes out best week since 2001 on cloud momentum

Oracle CEO Safra Catz speaks at the FII PRIORITY Summit in Miami Beach, Florida, on Feb. 20, 2025. Oracle shares enjoyed their best week since 2001 as Wall Street cheered a strong earnings report and bullish comments on the company's prospects in cloud computing. The stock jumped about 24% for the week, with almost all the gains coming in the two trading days after the company's quarterly earnings release. The last time Oracle had a better week was in April 2001, in the midst of the dot-com cr

Oracle's stock on pace for best week since 2001 on cloud momentum

Oracle shares are on pace for their best week since 2001 as Wall Street cheers a strong earnings report and bullish comments on the company's prospects in cloud computing. The stock is up about 24% for the week, with almost all the gains coming in the two trading days after the company's quarterly earnings release. The last time Oracle had a better week was in April 2001, in the midst of the dot-com crash, when so-called dead-cat bounces were common. The prior quarter Oracle shares lost almost

Oracle shares pop 13% to record high on earnings beat, cloud optimism

Larry Ellison, Oracle's co-founder, chief technology officer and chairman, at right, and U.S. President Donald Trump share a laugh as Ellison uses a stool to stand on as he speaks during a news conference in the Roosevelt Room of the White House in Washington on Jan. 21, 2025. Trump announced an investment in artificial intelligence (AI) infrastructure and took questions on a range of topics including his presidential pardons of Jan. 6 defendants, the war in Ukraine, cryptocurrencies and other t

Oracle shares pop 15% to record high on earnings beat, cloud optimism

Larry Ellison, Oracle's co-founder, chief technology officer and chairman, at right, and U.S. President Donald Trump share a laugh as Ellison uses a stool to stand on as he speaks during a news conference in the Roosevelt Room of the White House in Washington on Jan. 21, 2025. Trump announced an investment in artificial intelligence (AI) infrastructure and took questions on a range of topics including his presidential pardons of Jan. 6 defendants, the war in Ukraine, cryptocurrencies and other t

Oracle shares climb 8% as earnings, revenue top estimates

From left, former Fox Corp. Executive Chairman Rupert Murdoch and Larry Ellison, Oracle's co-founder, chief technology officer and executive chairman, listen as U.S. President Donald Trump speaks to reporters in the Oval Office of the White House in Washington on Feb. 3, 2025. Oracle shares rose about 8% in extended trading on Wednesday after the software maker reported results that exceeded Wall Street estimates and signaled that cloud growth will accelerate. Here's how the company did in com