Is there any possibility that Oracle would abandon its bid for Sun? And if Oracle were to walk away, what would happen to Sun? Thomas Weisel Partners analyst Doug Reid weighs both of these questions in a note to investors today, and his answers are worth considering in light of reports that the European Commission may object to the deal.
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Jon Rubinstein’s appointment as Palm CEO was well received by investors. Clearly, the Pre father’s background at Apple and his recent efforts to rebuild Palm around a new and competitive operating system–the OS the company should have had two years ago–have convinced Wall Street that he’s the guy to bring back the company’s long-lost edge.
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Oracle has apparently ushered in the new year with a bit of a bloodletting. Thomas Weisel Partners analyst Tim Klasell says the company recently sacked some employees in sales and marketing. The Times of India reports that 40 workers were just let go at the company’s Bangalore offices. And quite a few more may be joining them soon–but not the rumored 8,000.
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If Motorola were a Greek tragedy, we’d be at that point in the narrative where the company is just about to blind itself out of grief–with a pair of RAZRs, of course. Two reports issued today show an already grim scenario for Motorola growing markedly worse.
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