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Ellison Steps Down as Oracle CEO, but Management Team Stays

All-purpose IT vendor reported that its fiscal 2015 Q1 total revenues were up 3 percent; net income was unchanged at $2.2 billion over Q1 2013.

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Ericsson Quits Modem Business, Cuts 1,000 Jobs

The world's biggest mobile network equipment maker will shutter its loss-making unit, in the process handing pink slips to about 1,000 employees.

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SUSE Linux Owner Attachmate Gobbled by Micro Focus for $2.3bn

 Attachmate, the software shop that headhunted Novell and SUSE Linux, is itself being bought out by Micro Focus International.…...

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Huawei Opens R&D Facility in France

Chinese networking giant's new research site in the Sophia Antipolis technology hub is its 17th in Europe and will focus on chipset design and embedded technology.

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Rackspace: Can it Outrun Customer Uncertainty as CenturyLink, Others Eye Acquisition?

The Rackspace "strategic alternatives" process needs to be resolved as soon as possible or landing deals may become more difficult.

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