Bill Gates points to Yahoo's engineers as the key thing that makes Yahoo worth more than US$40 billion to his company.
A PeopleSoft board member testified Monday that former CEO Craig Conway was fired in large part because of his reckless exaggeration to Wall Street analysts when informing them last year that Oracle's offer to buy the company was no longer a disruptive influence.
Oracle late Friday said it has lowered its bid to acquire PeopleSoft to US$21 a share, saying the reduced bid "reflects changes in market conditions."
U.S antitrust officials may wait until January to weigh in on Oracle's embattled bid to acquire PeopleSoft, and European regulators are likely to initiate a more in-depth review of the deal, an Oracle executive said Wednesday.
Oracle announced on Friday that it was extending to mid-September its deadline for tendering shares in its hostile bid for PeopleSoft.
The two-year hostile takeover battle between Oracle and PeopleSoft has apparently not left Dave Duffield winded.
Is PeopleSoft's founder and long-time chief executive back at the helm to accept Oracle's takeover bid, or to dig in for a long-term battle?
OK. So anti-trust lawyers would have a field day but consider this -- the software giant is on an official spending spree and this is the best time to spread its wings ... to become the Coca-Cola of the IT industry.
History of British PCs
The cash-strapped UK National Museum of Computing is home to an exhibition of the evolution of British PCs.… Watch it now
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