Exclusive: Sun CEO Set to Resign

If Sun CEO Jon Schwartz’s recent all-hands memo to employees had all the sentimentality of a farewell letter, it’s likely because he’s preparing to leave the company. Sources close to Sun tell me Schwartz will soon resign as CEO, leaving the company in the hands of new owner Oracle and its very profit-minded leadership.
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Sun CEO: Go Oracle, Beat IBM [Internal Memo]

Oracle said this morning that it has received unconditional regulatory approval from the European Commission for its acquisition of Sun. After the jump, the all-hands memo Sun CEO Jon Schwartz sent to employees following the announcement. Its gist: “Sun is a brand, Oracle is your company.”
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IBM Shrugs Off Econalypse

Yahoo Under Siege