Enterprise headlines and summaries, 2009-05-13

  • IBM Sticks With Earnings Guidance
    International Business Machines Corp.’s chief financial officer said IBM could meet its per-share earnings goal this year even if revenue tumbles further, as the company benefits from cost cuts and a richer mix of business while it continues buying back shares. The Armonk, N.Y., company also expects to get a boost from government economic-recovery plans—which it said are about $5.5 trillion globally. Meeting analysts in an annual briefing, the company presented a modestly upbeat outlook in the face of the global economic slump. IBM said it is still comfortable it will earn “at least” $9.20 a share this year, and between $10 and $11 a share next year. Last year IBM’s net income was $12.33 billion, or $8.89 a share.
  • Intel Fine Jolts Tech Sector
    European regulators hit Intel Corp. with a $1.45 billion fine — the largest ever assessed there for a case involving monopoly abuse — and called for changes in the way the U.S. company sells the microprocessors at the heart of most of the world’s PCs. The decision, which Intel vowed to appeal, underscored the European Union’s willingness to challenge the business practices of dominant U.S. technology companies like Intel, Microsoft Corp. and Google Inc. Though there are new signs the Obama administration will get tougher on antitrust abuses, rules enforced by European regulators are already having a big effect on Silicon Valley companies and leaders of other industries.
  • SAP CEO on Global Economy, Microsoft Rumors
    SAP Co-CEO Leo Apotheker discusses the impact the global slowdown is having on his business and shares his reaction to rumors that Microsoft may buy SAP.
  • Getting Columnar with Dan McWeeney
    In lieu of Hasso Plattner’s keynote at SAP Sapphire 2009 on columnar storage, the Enterprise Geek’s own Dan Mcweeney gives us the breakdown of Columnar vs Traditional Storage. Watch also as Dan shares his thoughts in general on the keynote.
  • MySQL Founder Monty Widenius and Percona CEO Peter Zaitsev Launch the Open Database Alliance
    Monty Program Ab, a MySQL database engineering company, and Percona, a MySQL services and support firm, today announced the “The Open Database Alliance,” a vendor-neutral consortium designed to become the industry hub for the MySQL open source database, including MySQL and derivative code, binaries, training, support, and other enhancements for the MySQL community and partner ecosystem. The Open Database Alliance will comprise a collection of companies working together to provide the software, support and services for MariaDB, an enterprise-grade, community-developed branch of MySQL.
  • Oracle buys VC-backed Virtual Iron
    Oracle Corp. (NASDAQ:ORCL) has bought another piece of the virtualization landscape, announcing a deal Wednesday to acquire Virtual Iron Inc. When we last wrote about Virtual Iron, in January 2008, it had just raised a $20 million round, bringing the total funding in the company to $65 million. The capital was supplied by a group of blue-chip investors, including Intel Capital, SAP Ventures, Highland Capital Partners and Goldman Sachs & Co. (NYSE:GS). Oracle didn’t disclose a price, and we’d be surprised if the acquisition is a home run for the investors, but an exit is an exit. Oracle said that the purchase of Virtual Iron’s server virtualization software will improve its ability to offer enterprise customers resource management options and better control and visibility across all the software that Oracle offers.
  • Oracle Snaps Up Virtual Iron, Plans Virtualization Push
    Virtual Iron, of Lowell, Mass., is a developer of server virtualization products, including a hypervisor, virtualization services such as server partitioning and virtual infrastructure creation, and an enterprise-class server virtualization management application. Virtual Iron’s technology is complementary to its own Oracle VM server virtualization platform, Oracle said in a statement.
  • SAP, Oracle ask for lawsuit delay to June 2010
    German software company SAP (SAPG.DE) and U.S. rival Oracle (ORCL.O) have asked for a delay of their first appearances in Oracle’s lawsuit against SAP by four months to June 2010. “On Tuesday, May 12, Oracle and SAP jointly filed a stipulation in Oracle v. SAP to the court to extend the trial date,” SAP said in a statement on Wednesday. The parties needed more time to “further explore various issues”, according to the court filing.
    “Legal observation of competitors is common practice in the America’s Cup and other major sporting events. In fact, Alinghi ‘spies’ were photographed several times by our team near the base and on the water,” said Tom Ehman, a rep for Ellison’s Golden Gate Yacht Club. “Alinghi/SNG take the view that they can observe others but others cannot observe them,” he said. Alinghi’s side contends there’s a difference between looking at a boat sitting at a dock and trespassing with spy equipment.
  • Software sales show trading going strong
    Some people are making money from the financial meltdown, says Cristobal Conde, chief executive officer of the Wayne-based software-maker SunGard Data Systems. He knows, because SunGard’s broker-dealer software sales rose during the first quarter compared with a year before, despite the collapse of stock prices. “High volatility scares a lot of individuals and institutions. But the high-frequency traders make money under these conditions. And we’ve always focused on that part of the market,” Conde told me after reporting first-quarter numbers Friday. “The high-frequency traders are having a great year,” as big proprietary-trading operations from Goldman Sachs in New York to Susquehanna Investment Group in Bala Cynwyd make fast-changing bets on bank and automaker securities.
  • MySQL Forks
    Sun may have the MySQL name, but every one has its open-source code and MySQL co-founder Monty Widenius is taking the popular open-source DBMS (database management system) and forking it in a new directions. It came as no surprise to those who follow MySQL that Monty Program Ab, Widenius’ MySQL database engineering company, and Percona, a MySQL services and support firm, announced on May 13th that they were forming a vendor-neutral consortium, “The Open Database Alliance,” to become MySQL’s industry hub. What they have in mind is to use Widenius’ own branch of MySQL, MariaDB, and its derivative code, binaries, training, support, and other enhancements as the new “MySQL industry hub.” According to Widenius, “MariaDB will work exactly as MySQL; all commands, interfaces, libraries and APIs [Application Programming Interface] that exist in MySQL also exist in MariaDB.” There are differences though. First, MariaDB will include the Maria DBMS and Prime XT storage engines. In addition, and

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: