NetSuite deal will help Oracle gain cloud clout
Fp Archives • 9 years agoOracle Corp said on Thursday it would buy NetSuite Inc for about $9.3 billion, a deal that gives it a bigger share in the fast-growing cloud computing business and also means a big payday for billionaire Larry Ellison.
Cloud business boosts Microsoft's quarterly revenue, shares rise
Fp Archives • 9 years agoSharp growth in its commercial cloud computing business helped lift Microsoft Corp's quarterly revenue above Wall Street's expectations, sending the technology company's shares up more than 4 percent in after-hours trading.