John Paczkowski

Recent Posts by John Paczkowski

NetSaweeet!

Oracle CEO Larry Ellison’s had a hell of a week, hasn’t he? Yesterday, Oracle shrugged off concerns about a tech slowdown, besting Wall Street’s expectations with a 35% gain in its second-quarter earnings. And then today, shares of NetSuite, the “software as a service” venture of which he is a principal owner, priced at $26 a share in their IPO debut, well above the expected per-share price range of $19 to $22, which itself was $6 higher than $13 price initially set by underwriters.

NetSuite sold about 6.2 million shares in its modified Dutch auction IPO, raising$161.2 million. That makes the company worth more than $1.5 billion and the stake of its mercurial investor–who’s already No. 11 on Forbes list of billionaires–worth about $1 billion.


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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First the NSA came for, well, jeez pretty much everybody’s data at this point, and I said nothing because wait how does this joke work

— Parker Higgins via Twitter