>Ben Baer, Senior Producer - Sep 24, 2009 2:20 PM ET
Billionaire Oracle CEO Larry Ellison doesn't expect the U.S. economy to significantly improve until halfway through the next decade – a gloomy scenario he dubbed an L-shaped recovery.
"The American consumer is so deeply in debt, this is not going to come back, certainly for five years," he told a packed ballroom at a Churchill Club event in San Jose. "I believe we're going through some fundamental changes."Jon Fortt - Sep 22, 2009 6:30 AM ET
She's CEO Larry Ellison's secretive but effective right hand, and one of the most powerful women in Silicon Valley. But who is she, really?
After months of on-again-off-again negotiations to sell itself to IBM, Sun Microsystems this spring found a new, if unlikely, suitor. Oracle, the business-software giant, in many ways promised to be a better fit for Sun, the beleaguered maker of server computers.
A Silicon Valley neighbor whose CEO, Larry MOREAdam Lashinsky, Sr. Editor at Large - Sep 10, 2009 10:11 AM ET
Could the Sun still come out at HP?
It's no secret that Larry Ellison wanted Sun Microsystems (JAVA) for its software, not its servers. Regulatory filings show that before the hard-charging Oracle (ORCL) CEO put together his successful $5.6 billion offer and outbid IBM (IBM) for Sun in April, another party was kicking the tires as well.
One of the worst kept secrets in Silicon Valley is, that someone was Hewlett-Packard (HPQ) MOREJon Fortt - Aug 27, 2009 1:22 PM ET
Cisco CEO John Chambers needs to try new things to keep his company growing while corporate technology budgets shrink.
It is the buzz of the tech world: Cisco Systems may soon try selling servers, those heavy-duty computers that companies use to run critical back-office applications. The prospect of router giant Cisco's entering the already crowded $55-billion-a-year server market is intriguing (imagine if LeBron James decided to try his hand at football) MOREJon Fortt - Mar 5, 2009 10:00 AM ET
In a surprise announcement, Intel (INTC) said Wednesday that its gloomy fourth quarter forecast wasn't nearly gloomy enough. Instead of pulling in between $10.1 billion and $10.9 billion in sales, the chip giant expects closer to a dreadful $9 billion. The stock tumbled more than 7 percent after hours.
It's hard to articulate just how bad this news is.Jon Fortt - Nov 12, 2008 6:54 PM ET
Bryan Cantrill and Mike Shapiro, Distinguished Engineers at Sun, dreamed up a new type of storage product and convinced executives to let them build it in relative isolation. Image: Sun
Maybe there's something about unconventional office space that gets Silicon Valley's creative juices flowing.
Bill Hewlett and Dave Packard worked their magic in a garage. Apple's (AAPL) Macintosh development team flew a pirate flag over the Bandley 3 building. Now Sun Microsystems MOREJon Fortt - Nov 12, 2008 8:11 AM ET
Despite the downturn, AMD is hopeful that it can sell its higher-performance server chips; and the early reviews are positive. Image: AMD
Sun Microsystems sells a lot of servers to the financial services industry, which has been hard-hit by the credit crunch. So when Sun CEO Jonathan Schwartz recently asked a banking executive how he was doing, he probably wasn't surprised at the response: "I'm curled up in the fetal position."
Investors MOREJon Fortt - Oct 28, 2008 10:14 AM ET
HP CEO Mark Hurd is taking a risk by bidding for troubled services player EDS. Image: HP
Hewlett-Packard CEO Mark Hurd has built a world-class reputation as a cost-cutting turnaround artist, and he's risking it all with a smart bid for technology services giant Electronic Data Systems.
HP (HPQ) announced Tuesday that it would pay $13.9 billion in cash for Texas-based EDS (EDS), which manages technology projects for a range of large clients. If MOREJon Fortt - May 12, 2008 7:49 PM ET
Adobe has tipped its hand, and it now seems clear that it needs Apple's iPhone more than Apple (AAPL) needs Adobe's Flash. But it's not at all clear that Adobe (ADBE) will get the foothold on the device it seems to want so badly.
Two weeks ago Adobe turned the other cheek when Steve Jobs' publicly slighted Flash and Flash Lite, describing the first as "too slow to be useful" on MOREPhilip Elmer-DeWitt - Mar 19, 2008 5:26 PM ET
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