Deborah Hellinger News
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Mellanox Technologies Ltd., the Israeli software developer down 52 percent from last year’s peak, is gaining on speculation shareholders will endorse splitting the chairman and chief executive roles to bolster confidence in the company’s earnings forecasts.
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Five of the ten best-paid finance chiefs last year work in the technology industry, as executives at companies from Apple Inc. to Google Inc. were rewarded for increasing profit, amassing cash and minimizing taxes.
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The chief executive officers of software developer Oracle Corp. and watchmaker Fossil Inc. both work for a salary of a dollar or less a year. The only difference: $96.2 million.
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A trial in Hewlett-Packard Co.’s dispute with Oracle Corp. over software support for servers running Intel Corp.’s Itanium microprocessors will be delayed while Oracle appeals a ruling on a motion in the case.
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Oracle Corp., the largest maker of database software, agreed to pay $2 million to settle claims by the U.S. Securities and Exchange Commission that it violated the Foreign Corrupt Practices Act.
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Blackstone Group LP, which is considering a bid for Dell Inc., has approached Oracle Corp. President Mark Hurd about running the computer maker, according to a person with knowledge of the matter.
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Oracle Corp. Chief Executive Officer Larry Ellison has acquired Island Air, gaining a regional carrier in Hawaii where he owns most of the island of Lanai.
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For years, fixing the software flaws that left Adobe Systems Inc.’s customers prey to hackers simply wasn’t a top company priority.
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A unit of Lehman Brothers Holdings Inc., the bankrupt investment bank, sued a unit of Goldman Sachs Group Inc. over a failed $1.25 billion real-estate deal.
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Hewlett-Packard Co. , accusing Oracle Corp. of harassing its new chief executive officer, refused to accept service of a subpoena requiring Leo Apotheker to testify at a trial over SAP AG’s downloading of Oracle software.
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