Report: Oracle pushes back against Oregon officials over troubled health care site
Oracle is gearing up for a fight with officials in Oregon over its role developing an expensive health insurance exchange website that still isn't fully operational.
Oracle is gearing up for a fight with officials in Oregon over its role developing an expensive health insurance exchange website that still isn't fully operational.
A newly released, independent audit of Oregon's disastrous Obamacare website implementation takes both state officials and site contractor Oracle to task, saying each side contributed to problems that have generated a political firestorm in recent months.
A majority of Oracle shareholders have once again voted against the company's executive pay practices, including for CEO Larry Ellison.
Oracle's revenue was flat year-over-year in its fourth quarter at $US10.9 billion, while profits rose 10 per cent to $US3.8 billion, as the company reported strong growth in sales for Software-as-a-Service (SaaS) subscriptions and "engineered systems" such as Exadata.