Oracle may be mulling acquisitions, but Brocade isn’t one of them. At the company’s annual shareholder meeting today, CEO Larry Ellison dismissed recent speculation that he might attempt to to acquire Brocade.
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Get this: Microsoft has been holding secret “Screw Google” meetings in Washington at which the company schemes to undermine Google and prevent it from subsuming the businesses that took it decades to build. Those ruthless, conniving bastards. Strategizing to thwart a rival.
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The shareholders of Sun Microsystems have given the thumbs-up to the company’s merger agreement with Oracle. At a special meeting Thursday, a 62 percent majority of Sun’s common stock owners–not including CEO Jonathan Schwartz and board chairman and co-founder Scott McNealy, who, oddly, did not attend–approved the deal.
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Things are starting to look up for Dell–well, as much as they can for a company so beaten into submission by the econalypse. The company said Monday that demand for its products appears to have stabilized and that it expects to report “a slight sequential revenue increase” for its second fiscal quarter, which ends July 31.
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Well, what do you know? Sirius CEO Mel Karmazin pulled it off: At the satellite radio outfit’s shareholder meeting today, a proposal to enact a reverse stock split and another to increase the number of authorized shares of Sirius XM common stock from 4,500,000,000 to 8,000,000,000 passed.
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