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Archived Oracle News Articles
14 Sep 2017
open to premium members only
Q1 FY18 GAAP EPS Up 19% To $0.52 and NON-GAAP EPS Up 12% TO $0.62 [66483]
Oracle, September 14th, 2017

Q1 FY18 Cloud Revenues Up 51% to $1.5 Billion and Total Revenues Up 7% to $9.2 Billion

Oracle Corporation announced fiscal 2018 Q1 results. Total Revenues were up 7% from the prior year to $9.2 billion. Cloud plus On-Premise Software Revenues were up 9% to $7.4 billion. Cloud Software as a Service (SaaS) revenues were up 62% to $1.1 billion. Cloud Platform as a Service (PaaS) plus Infrastructure as a Service (IaaS) revenues were up 28% to $400 million. Total Cloud Revenues were up 51% to $1.5 billion.

GAAP Operating Income was up 7% to $2.8 billion and Operating Margin was 31%. Non-GAAP Operating Income was up 11% to $3.8 billion and non-GAAP Operating Margin was 41%. GAAP Net Income was up 21% to $2.2 billion, while non-GAAP Net Income was up 14% to $2.7 billion. GAAP Earnings Per Share was up 19% to $0.52, while non-GAAP Earnings Per Share was up 12% to $0.62.
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13 Sep 2017
open to premium members only
Oracle Joins the Cloud Native Computing Foundation [66484]
Oracle, September 13th, 2017

Continues Open Source Commitment with Release of Kubernetes on Oracle Linux and Terraform Kubernetes Installer for Oracle Cloud Infrastructure

Oracle announced that it has joined the Cloud Native Computing Foundation (CNCF) as a Platinum Member. In addition, Oracle is releasing Kubernetes on Oracle Linux and open sourcing a Terraform Kubernetes Installer for the next-generation Oracle Cloud Infrastructure. As such, developers gain unparalleled simplicity for running their cloud native workloads on Oracle.
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13 Sep 2017
open to premium members only
Oracle Health Sciences Steve Rosenberg Honored Among PharmaVOICE 100's Change Agents in Life Sciences [66485]
Oracle, September 13th, 2017

Recognized for Opening Doors to Clinical Efficiency

Oracle Health Sciences announced that its general manager, Steve Rosenberg, has been selected by PharmaVOICE magazine as one of the most inspiring people in the life sciences industry. Steve will be recognized with this prestigious award during the PharmaVOICE 100 Celebration on Thursday, September 14 in New York City. Steve was chosen as a PharmaVOICE 100 honoree for his leadership in driving the development of new and innovative technologies that are positively impacting efficiencies in clinical research, which help pharmaceutical companies bring new drugs to market faster.
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11 Sep 2017
open to premium members only
Oracle SPARC and Solaris Roadmap, Sep/2017 [66486]
September, 2017

Oracle has updated its Oracle SPARC/Solaris Platform Roadmap.

With a note that it is "s intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle's products remains at the sole discretion of Oracle."
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08 Sep 2017
open to premium members only
Why AI Isn't The Robot Apocalypse For Jobs [66191]
By Michael Hickins

Michael writes in Forbes, "Emerging technologies such as artificial intelligence aren't the enemy of jobs after all. New technologies actually end up creating different, higher-paying jobs than the ones they replace, according to new research.

Fears of 'technological unemployment,' a term coined by renowned economist John Maynard Keynes in 1930, and recently popularized by MIT Sloan professors Erik Brynjolfsson and Andrew McAfee, are rampant. The worry is that computer-driven automation will take over repetitive tasks across a swath of industries, from retail and financial services to manufacturing and, maybe sooner than we realize, taxicabs and trucking..."
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08 Sep 2017
open to premium members only
You Gotta Have Goals: Oracle Ties Larry, Safra and Mark's Equity to Cloud [66195]
The Register, September 8th, 2017

Rebecca Hill writes in The Register, "Oracle's top earners will only be able to earn more equity if the company delivers on its cloudy promises and pays out for stockholders, according to a revamped compensation plan.

The changes, detailed in the company's latest 8-K filing, mean that from fiscal 2018, CTO Larry Ellison and joint CEOs Safra Catz and Mark Hurd will have to create value for their stockholders in order to walk away with their multi-million dollar wage top-up..."
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