Oracle leaps to record as cloud transition hits turning point

Oracle Corp. was late to the cloud revolution, allowing upstarts like Salesforce.com Inc. to find significant market share with software delivered over the internet, and has suffered while making an acquisition-fueled push into the space. The Band-Aid appears to have come off Oracle’s wound, however, and the company seems assured that its healed finances will […]

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Bankruptcy court clears Avaya’s sale of networking business

Bankrupt telecommunications company Avaya Inc won court approval on Thursday for its planned sale of its networking business to Extreme Networks Inc after resolving objections to the deal, which is worth up to $100 million, a spokesman said. Judge Stuart Bernstein of the U.S. Bankruptcy Court in New York is expected to sign the sale […]

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Cisco is launching a new type of network to help stop cyberattacks

On Tuesday, Cisco announced the launch of a completely new “intent-based” network that will be able to detect malware when it’s hidden in encrypted traffic, something it claims no other company can do. The new technology could make it harder for cyberattackers to carry out attacks against organizations using Cisco gear.  “We’re ushering in a […]

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