LOLCatz: Safra on The Stand Again in Oracle-SAP Trial

Testimony in the Oracle vs SAP trial wrapped up on Friday with a second appearance by Oracle co-President Safra Catz who said SAP should pay at least $1.6 billion in damages for the copyright infringement’s of its TomorrowNow subsidiary and chided the company for its offer of $40 million.

Oracle Rests SAP Case, Slams HP CEO

Just a day or so left now before the jury in the Oracle-SAP trial begins its deliberations. Oracle called its last rebuttal witness early Friday and closing arguments will soon follow. In the end, Oracle opted not to show former SAP chief Léo Apotheker’s videotaped deposition.

Plattner and White No-Shows at Oracle-SAP Trial

Oracle’s long-running legal battle with SAP and its now-shuttered TomorrowNow subsidiary is heading toward its climax. SAP is expected to rest its case Thursday, after which Oracle will call rebuttal witnesses, among them one of its strongest to date, President Safra Catz.

HP Names Ex-SAP Chief Apotheker as CEO

Hewlett-Packard has finally named a new CEO and, despite our prediction that it would choose an internal candidate, the company instead looked to an outsider. On Thursday afternoon, HP named Léo Apotheker–former CEO of SAP–as its new chief executive officer. And, in a jab at Oracle–which hired former HP CEO Mark Hurd after his ouster–it tapped Ray Lane, a former president and COO at Oracle, as its non-executive chairman of the board.

SAP to Employees: So Long, Farewell, Auf Wiedersehen, Goodbye

Though it reported a 13 percent increase in fourth-quarter profit that was comfortably ahead of market expectations, SAP plans to step up its cost-cutting in the coming year. The German business software provider will sack some 3,000 employees in the months ahead.

Voices

SAP: "Very Sudden and Unexpected Drop" in Business Pressuring Enterprise IT Stocks

Adding fuel to the raging fire on which stock valuations are now burning, SAP (SAP) co-CEO Henning Kagermann this morning warned in a statement that market developments of the last few weeks have been “dramatic and worrying to many businesses,” which has triggered a “very sudden and expected drop in business activity” late in the company’s third quarter.

Oracle CEO a Bit Smugger Than Usual Today

Well, Oracle CEO Larry Ellison must be chuckling into his corn flakes this morning … In January 2005, Oracle President Charles Phillips boasted that his company soon would be “seeing the whites of” SAP’s eyes. Well, it’s taken a bit longer than expected, but today it seems Oracle is doing just that. Responding to a [...]