Oracle’s Disappointing Fourth Quarter Results Deepen Cloud Concerns

Oracle Corp on Thursday posted fiscal fourth-quarter results that disappointed investors looking for more progress against rivals selling web-based services, sending its shares lower. Reflecting expectations of a pickup in its software

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Oracle to spend $5 billion on R&D

SAN FRANCISCO: Business software and database systems major Oracle will be spending $5 billion on research and development efforts across multiple areas including product development in cloud, applications, vertical integration. Mark Hurd, president, Oracle annonuced

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