Arik Hesseldahl

Recent Posts by Arik Hesseldahl

Oracle Buys Web Software Player Fatwire

Two days before it is to report quarterly earnings, software giant Oracle said it had closed a deal to acquire Fatwire, a privately held Web software firm. Financial terms were not disclosed. Fatwire specializes in software that companies use to manage their Web sites. Oracle said the acquisition, which will close later this year, will extend its reach in the business of helping companies control the experiences their customers have online.


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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald