John Paczkowski

Recent Posts by John Paczkowski

Ellison: If BEA Won't Love Me, Then I'll Find Someone Who Does

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Turns out William Klein, BEA Systems’ vice-president of business planning and development, was sorely mistaken when he said “BEA is worth substantially more to Oracle, to others and, importantly, to our shareholders than the price” Oracle offered for it. Certainly, that’s the opinion of Oracle CEO Larry Ellison, who says any future Oracle takeover bid for BEA Systems–if there ever is one–will be for less than the $7 billion it offered last month.

“If we made another offer [for BEA], the price would be lower,” Ellison said at Oracle’s annual analyst meeting yesterday. “Clearly the $17 price seems too high today. It seems unlikely anyone will want to buy them now. … If their goal was to stay independent, I think they’re doing a good job.

That said, Oracle’s BEA experience hasn’t exactly put Ellison off his feed. “We are now looking at our second favorite stocks and we have found some attractive” ones, he said.


Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work