They broke the sun
So their stock dropped $6bn. They blacked out the Sun, so fsck them.
Oracle isn't known as a shrinking violet when it comes to legal battles, and it's coming out swinging over allegations that it was playing fast and loose with its cloud revenue reporting. On Wednesday, Svetlana Blackburn filed a lawsuit with the US district court in San Francisco claiming that she was fired from the company …
There are many truths...
Oracle are so keen to be seen to be a big cloud player that they are restricting much of their software to cloud only and stopping the development of on-premise versions. So to be include in their cloud revenue what percentage of the software has to utilise the cloud?
Does it have to be fully hosted with just a browser connection?
Can it be on-premise but with the management or BI interface existing in the cloud?
Can it be totally on-premise but it just happens to back up to Oracles cloud?
Does it just need to check for a licence key held on a server in Oracle's Data Centre, once in a while?
It doesn't need the accountants to inflate cloud usage claims; we recently did business with a third-party provider whose service has a back-end provided by a certain well-known cloud provider which may (or may not) start with A.
Imagine our surprise when the cloud provider started claiming our organisation as a client! A little investigating was done and it seems that there was a clause in the third-party's agreement with the cloud provider that allowed them to publicise any company or organisation using the service who they could identify, ostensibly from the third-party's naming conventions (and/or possibly the data itself; which is quite worrying).
As the third-party had failed to mention this in negotiation they were kicked into touch PDQ, and the cloud provider notified that we were no longer using the service so they had better remove us from their list of clients immediately or publicity would ensue...
QUOTE: "Your humble hack here has a family member who was employed at Oracle for many years and he says that after the firm's HR department makes you jump through so many hoops to join, getting fired is very tricky indeed."
A niece of mine works for Oracle UK ... has a pretty good position, too.
She immigrated and rather than let her resign Oracle established her as an 'outside branch', using the InterNet and VPNs, where she has now been for going on 10 years with annual flights back home once a year to check in with her boss.
Larry Ellison might be a rear end but Oracle is way better than him.
Maybe their concern is copyright violation. After all, it appears their accountants traditionally have just copied numbers from one spreadsheet into another before working with them, completely disregarding the hard work that went into the creation of those numbers. A good accountant creates new figures which aren't shamelessly derived from someone else's work.
As an ex-Oracle employee, I can atest that Lazza n Saffs n Marky all rest heavily on the numbers. Which are imho solid. Creative accounting aside
When is the Cloud not a Cloud? When Larry wants it to be. you can feel sure that they will front Big Legal Brains and tie it all down into Cloud definition semantics .
"Cloud the new WAN? Off promise the new Bureau computing?"
"Waddyaknow, we DO have big Cloud revenues after all." Sue. Sue!
Ellison loves a big fight. But you cant win them all. Could this be The One that'll take him down?
Love to see that Charlatan Hurd take the fall. Fat chance...