<![CDATA[Gawker: valleywag, oracle]]> http://tags.gawker.com/assets/base/img/thumbs140x140/gawker.com.png <![CDATA[Gawker: valleywag, oracle]]> http://gawker.com/tag/valleywag/oracle http://gawker.com/tag/valleywag/oracle <![CDATA[Larry Ellison Struts His Wealth Before Peons]]> Oracle laid off hundreds of employees this year, and is expected to lay off thousands more. But that won't keep the business software company's CEO from taunting workers about his yacht. Don't you wish you had one, you broke-ass poor?

Larry Ellison's racing yacht is awesome, according to comments from Larry Ellison at a San Francisco party attended by his salespeople and biggest customers. As quoted by Software Development Times' Alex Handy, who writes that Ellison's "behavior in keynotes is getting worse every year:"

He started his talk with a five minute video of [Ellison's] Oracle BMW sailboat ... After the video, Ellison comes on stage with this massively smug look on his face, grinning like he's just bought the last candy bar in front of a herd of little kids at the candy store.

His first words? "It's a great boat, you should get one."

Ha ha ha! Oh, and did he follow up with, "but I guess you're probably pinching pennies, since unemployment is 10 percent, and your colleagues are getting laid off, and your mortgage is probably under water, and Oracle shares have been trading sideways for two years!?" Because that would be hi-larious.

Then Ellison brought out Aerosmith, who were there "because Oracle outbid their other gigs." They led with Eat the Rich, so at least Oracle workers had that.

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<![CDATA[Watch Larry Ellison Flip Out At His Own Idea]]> Larry Ellison threw a fantastic tantrum against the mindless cult of "Cloud Computing," a fascination of "nitwit" Silicon Valley investors, as Ellison calls them. But the Oracle CEO was himself once a "nitwit." Just look:

Attached is a video in which we've spliced Ellison's rant, delivered last week at the Churchill Club and recorded by TechPulse 360, with excerpts from an interview Ellison gave to Charlie Rose in 1996. At the time, Ellison was campaigning for the world to adopt "Network Computers," jargon for Web applications operated from stripped down computer terminals. "Cloud Computing," meanwhile, is the contemporary jargon term for Web applications.

As he told Rose, Ellison was convinced PCs were way too complex for ordinary people, and would eventually be replaced by his "NCs." Of course, things didn't turn out that way; in the ensuing 13 years PCs have spread not only to many more homes but also to many more datacenters, where clusters of cheap boxes with the same hardware guts as home Windows machines have displaced large servers from the likes of Oracle's Sun division. As Ellison alludes to in his more current rant, Google runs on such machines.

Maybe it is precisely because Ellison himself once employed "NC" jargon and hype to predict the imminent decline of certain competitors, Microsoft chief among them, that he can so eloquently rant against people who are trying to do the same thing with "cloud computing" today. Of course, Ellison's newfound distaste for hype also might have something to do with the fact that his company, Oracle, is now the supposedly declining competitor, and ex Oracle executive Marc Benioff's SalesForce.com is the company pumping out the hypey internet jargon.

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<![CDATA[Larry Ellison Fined for Not Bothering With the Facts]]> We took flak earlier this month for saying Oracle appeared to be, yet again, making wild advertising claims without any evidence. The business software company was just fined over those claims, since —go figure — it had no evidence.

Oracle's Wall Street Journal ad (above) said its database ran "faster" on Oracle's own Sun hardware —at "XX transactions per minute" — than competitor IBM's database and server combo. Some of our commenters insisted that Oracle CEO Larry Ellison must have had the "XX" numbers to prove his claim but was, as his ad seemed to imply, sitting on them until an Oct. 14 event.

But Ellison, known for commissioning ads about capabilities that don't yet exist, shouldn't have been given the benefit of the doubt. He's just been fined $10,000 by the benchmarking council Oracle belongs to "because Oracle did not have a [benchmarking] result at the time of publication."

Oracle has not submitted any current evidence to the TPC to sustain this claimed result. Oracle has been directed to cease publication of the advertisement in print or online.

Lesson: Never assume that Larry Frickin' Ellison, of all people, is being coy and modest. Larry Ellison does not do coy or modest. If he has numbers, he will use them. And then some!

[Via All Things D]

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<![CDATA[Larry Ellison Can't Be Bothered With the Facts]]> Here's how Oracle hypes its business software: Write an ad claiming it's exponentially better than the competition. Then, mold the facts to fit the hype. CEO Larry Ellison's done this for decades; today he got caught. Click through for evidence.

Attached is the ad Oracle ran in the lower right corner of today's Wall Street Journal. An early edition posted to the newspaper's website illustrates how Ellison likes to operate. Check out the highlighted bit — Oracle never bothered to fill in the data to support its certain conclusion. The attitude: "Definitely say we're way 'faster' on hardware from Sun, which we now own, than on IBM, which makes a competing database; we'll find some numbers later to prove it."

All tech moguls, to some extent, play this marketing game, but Ellison has historically been an especially egregious example; his brazenness, in fact, helps explain why Oracle, through a series of mergers, has come to utterly dominate the market for the most complex types of large corporate software.

An example: Ellison in the late 1980s commissioned an ad to tout a hugely complex clustering feature for Oracle database software — and did so before one line of code had been written to support that feature. This according to Mike Wilson's biography of Ellison:

About 1987 word got out that the Ingres database would soon have a sexy new function: It would be able to do distributed queries... Ellison told [Oracle ad man Rick] Bennett to prepare an advertisement announcing Oracle's distributed capability. Then he assigned an engineer to whip up a distribtued feature so the company would actually have something to sell when the ad appeared. Ten days later Bennett's advertisement hit the trade press: "Oracle Announced SQL*Star," it said. "The First Distribtued Relational DBMS..."

"The fact of the matter was Oracle didn't have anything," said George Schussel, the trade show promoter who had followed Oracle from the beginning. "But that was the way they worked. Everything was marketing, everything was image. You simply announced the product and then figured out later how to deal with it from a technological point of view."

Another time, Wilson writes, Oracle took out an ad implying, outlandishly, it had ported a competing database to the PC from mainframes — "IBM SQL/DS AND DB2 DBMS NOW ON PC," read the ad headline. Ellison "exploded" when an engineer challenged the ad, Oracle vet Kirk Bradley told Wilson:

"He said, 'All companies do this. It's standard stuff. You don't know anything about business.'"

It's somehow comforting to know that, while hot companies like Twitter, Google and Netscape may come and go, some longtime CEOs basically haven't changed for decades. Larry Ellison will always be a shameless truth-bender. Just like some of his closest friends.

UPDATE: One commenter supposes, quite plausibly, "They're going to announce the results at OpenWorld on Oct 14 and we're all supposed to tune in then to find out what XX equals." So maybe Oracle is doing the same fill-in-the-blanks thing it's always done, just in a very open and shameless way. Transparency. People do change!

UPDATE 2: Oracle has been fined over this ad, since Oracle did not possess any TPC benchmarks to back up the ads claim. Oracle was, again, hoping the facts would fit the claim, when said facts came into existence, which at the time of this ad they had not.

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<![CDATA[Elephant Mutilates Software Mogul]]> There is a certain type of accident that really only happens to rich guys, and the founder of Siebel Systems just had one: Gored by an elephant while on photo safari in the Serengeti, he now needs reconstructive surgery.

Earlier this summer, Siebel was at a Tanzian watering hole with his guides when an elephant broke from an otherwise quiet pack about 200 yards away, the former software executive told the San Jose Mercury News. He charged Siebel's party; a guide's attempt to hit the elephant with a gun missed.

Siebel said he was trampled and gored in the leg, until he just "curled into as tight a ball as I could." The guide suffered broken ribs and other injuries.

Siebel spent 18 days in four hospitals on two continents and is now using a wheelchair. He follows in the rich-guy-accident of the man who acquired his company, Larry Ellison, who is also Siebel's former boss. Ellison swore off yacht racing after a harrowing 1998 storm off the Australian coast bruised him and the crew of his Sayonara. The storm killed six sailors on other boats.

Of course, there are plenty of not-so-rich people in Africa who are hurt by elephants, and plenty of not-so-rich Pacific fishermen who are hurt by storms. But in America, only a select few are willing to leave perfectly comfortable homes and perfectly safe occupations to actively seek out that sort of danger. And they are backstopped by having the only form of health insurance that is really truly reliable in this country: Being a billionaire.

(Elephant pic via jsrcyclist's Flickr.)

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<![CDATA[Wacky Overstock.com chief presides over massive financial deception]]> For years, Overstock.com CEO Patrick Byrne has maintained a loony crusade against Wall Street traders, claiming there was a conspiracy to sell his company's stock short. (He may well have been onto something — but then again, a stopped clock is right twice a day.) CIO reveals a far more serious problem affecting Overstock's financials: A botched installation of Oracle software which has led to the restatement of five years' worth of earnings. In 2005, Byrne apologized to shareholders for a $14.2 million quarterly loss related to the troubled installation. Today's restatement suggests he was too busy chasing naked shorts to actually fix the problem. Why didn't he just blame it on the software all along?

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<![CDATA[Inside Larry Ellison's Pacific Heights mansionette]]> Oracle CEO Larry Ellison doesn't really live in his multimillion-dollar house in San Francisco; he mostly keeps it around for parties, like the rager of a dinner party PR schemestress Brooke Hammerling threw for the 10th anniversary of NetSuite, an online-software company which Ellison has backed since it was a startup. Kara Swisher did one of her let-the-CEO-yammer interviews with NetSuite's Zach Nelson. Videographer Richard Blakeley cut her clip down to just the real-estate porn. It works a lot better with the intro theme from MTV Cribs, doesn't it?

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<![CDATA[Party at Larry's house!]]> We hear there's some kind of party happening tonight at the Pacific Heights mansionette of Larry Ellison, Oracle's multibillionaire CEO. He's not in town, so it should really be a rager. The occasion: The 10th anniversary of NetSuite's founding. Our invite was lost in the mail, but we're glad to hear Ellison's still doing his part for the local economy — especially considering how he just lost $6.6 billion in the stock market — more than any other tech CEO, according to the Wall Street Journal.

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<![CDATA[Larry's buying!]]> At today's annual meeting, Oracle's top dog told shareholders, "Acquisitions that we have been looking at for some time may now be more attractive." He wasn't any more specific than to say he meant small, growing companies rather than large, public ones. Ooh, I know this great little blog network. Does Oracle have dental?(Photo by AP/Paul Sakuma)

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<![CDATA[Death of the database]]> PBS pundit Robert X. Cringely says he realized at last week's MIT Technology Review conference that cloud computing means, in short, "No database." Cringely sees it as the end of Oracle's dominance of information technology. I expect Oracle Cloud any day now. Here's a summary of Cringely's long article, plus the joke about Ellison's sex life, minus Cringely's references to himself:

Thanks in part to Larry Ellison's hard work and rapacious libido, databases are to be found everywhere. They lie at the bottom of most web applications and in nearly every bit of business software. We're all using databases all the time.

But that's about to change. Chips with two and four processor cores are common and Intel hints that we'll eventually see hundreds of cores per chip, which brings us right back into the 1970s and '80s and the world of parallel computing. That's where databases start to screw up. More than just slow reads and writes, relational databases also create false dependencies between pieces of data. If one chunk of data (A) is dependent on another chunk of data (B), then no work can be done on A until all work on B is complete.

While the database guys are busy figuring out how to add more and more concurrency internally, in reality when you take a few steps back and think of a large set of commodity boxes all executing a single data munching app, then no matter how sophisticated we get, the relational database will still effectively be a single thread to that app.

To scale the Google search service, Google first had to free itself of the false dependencies. So they created MapReduce — a set of operations and a way to store the data for those operations while preserving the natural independence that is inherent in each problem, building the whole mess atop the Google File System.

Google led the way but many other companies have followed suit, opening doors to a wide range of new ways of thinking about large-scale data manipulation. Suddenly there are different ways to store the data, new ways to write applications, and new places (thousands of cheap boxes) to run such applications.

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<![CDATA[Larry Ellison on cloud computing buzzword: "Complete gibberish"]]> "The computer industry is the only industry that is more fashion-driven than women’s fashion." So says Larry Ellison, who told analysts yesterday that "other than change the wording of some of our ads," the company has no plans to make any actual changes to its business in order to jump on the cloud-computing bandwagon. Really, Ellison needs to get another monkey to do the infomercial thing on stage — he's far more charming when he's being rude but honest. [WSJ] (Photo by AP/Paul Sakuma)

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<![CDATA[Oracle's OpenWorld conference closes with Treasure Island party]]> Please welcome back ConFonz, the man who goes to technology trade conferences so Valleywag doesn't have to. The Conference Fonzerelli, a veteran of many OpenWorld conferences, thinks Oracle has pumped up its image this year. The show is much more huggy-touchy-feely-bloggery. Despite the fact that most Oracle employees of use are hiding under rocks. Quite a change from the days when Oracle at your door meant you were either out of a job, out of memory, or simply out of your mind. If anyone in the technology industry is wondering how to run a conference, this is the one to emulate. Oracle OpenWorld pulls 45,000 people, and twice as many service workers to support it. That's why Howard Street is closed and why you can't get a good picnic spot in Yerba Buena Park.

For the most part, Oracle was playing nice this year. No acquisitions announced at the last minute. No wild claims about bullshit products. It was a much more subdued conference for the company.

Not quite so for Sun Microsystems, a shrinking violet at this year's show. Sun's made quite a business out of selling Unix and Oracle systems together. While Sun's head of PR was in attendance, and no doubt countless underlings as well, there wasn't much there to tie the two companies together. Rather a shame for anyone who's been betting that Oracle would buy out Sun as a way of backing into the hardware market.

Not that that would ever have happened anyway. Really, the reason Sun's not here is that it acquired its own database, MySQL earlier this year. Why play with the big boys when you can own something that's really not ownable?

It should be noted that Larry Ellison is far too in love with his sail boat.

(Photo via Oracle Apps Blog)

And isn't there something that's just completely unagreeable about giving Oracle employees space in the press area? Even if they are paid-for bloggers.

HP's woes don't tie to anything more than personal illness. As a bonus blind item, which HP'er showed up late, didn't have a badge, fainted, then vomited all over the registration desk?

Anyway, all the drunken out of town soccer moms, PeopleSoft devs and DBAs are on Treasure Island tonight watching UB40 earworm its way into their subconsiousness. Normally, the ConFonz would be all over this shwanky free food and booze event. Too bad the Fonz can't stand to be within 5 miles of UB40. Auditorily-mandated restraining orders are a bitch.

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<![CDATA[HP's big iron helps Oracle ease pent-up server stress]]> At yesterday's Oracle OpenWorld conference, CEO Larry Ellison donned his best tan and announced a new partnership with Hewlett Packard to sell a hardware and software to speed up databases. A rack of eight devices will include 168 terrabytes of storage and a total of 64 processing cores on 16 Intel microprocessors and will be optimized for Oracle's database software. The idea, as haltingly explained by Ellison in the video above, is to clear the bottleneck between storage servers that hold the data and the database servers that process the requests. We've condensed the speech down to around a minute, but left in the awkward bits so you can wince along with the audience.

Ellison goes through this like a Ron Popeil pitch but with less enthusiasm and a stiffer delivery. The audience responds with silence when Ellison issues his applause lines, and can someone get the man a remote control so he doesn't have to terrorize a minion with requests to change the slides? We know the topic doesn't lend itself to the crazed consumer fervor of something like the iPhone, but seriously, I can see attendees muttering "More like Bore-acle OpenWorld" under their breath as they step into the Market Street Cinema.

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<![CDATA[Enabling intimate one to one customer relationships ]]> Can't afford one of the "obviously scalable" ladies hanging out in the lobby of the W hotel during this week's Oracle convention? The Market Street Cinema has you covered — or, should I say, no-covered. Think up a better headline, leave it in the comments, and maybe you can dethrone actionhero11 who won for the second time in a row yesterday with "ConnectU's uniques spike 50%." (Photo by Jameth)

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<![CDATA[Highly available ladies, for a fee, at Oracle conference]]> Larry Ellison didn't provide escorts for attendees at this week's Oracle OpenWorld at San Francisco's Moscone Center. Well, certainly not for all of them. But with 45,000 geeks — the kind of geeks who can afford Oracle's software — in town, it's bonus week for local working girls. "Jet-setting adventuress" Kimberlee Cline eyed a few obviously scalable women gliding in and out of the W Hotel, a short stiletto strut from the show. Thanks, Kimberlee — and whatever you do, don't say "exponentially" to a DBA unless you're sure it's not more of a step function.

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<![CDATA[New Oracle product seamlessly bores the whole enterprise]]> The canned marketing script says, "Oracle Beehive provides a complete range of collaboration services including conferencing, instant messaging, email, calendar, and team workspaces." Translation: It's a competitor for Microsoft Sharepoint. More cynically: Oh boy, an Oracle wiki. Beehive's unveiling was supposed to kick off this week's 45,000-attendee Oracle OpenWorld conference in San Francisco with a bang. But attendees blogging and tweeting the event were just not impressed.

"Not a lot new really," tweeted a conference-goer. "Beehive demo isn't that great — hard to follow the screens" an Oracle employee helpfully typed.

Oracle's bigger-than-Larry-Ellison's-yacht PR machine wants me to blog that "customers and partners are buzzing about Beehive." It's a phony press-release story, for which they've helpfully provided a Google News-friendly headline and a geekbait mention of the European Space Agency. In reality, the online silence about Beehive has been conspicuous. I'm serious: Larry, get your buddy Steve Jobs to help with your next launch. (Photo by AP/Ben Margot)

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<![CDATA[Oracle profits up 28 percent — take that, Wall Street]]> Larry Ellison's database peddler saw profits in the most recent quarter jump to $1.08 billion, up 28 percent from the same period last year. As recently as 2006, Oracle got 12 percent of its revenues from banks, brokers, and insurers. Some of its best customers are bankrupt, while others are merging, a move which usually leads to cuts in tech spending. And yet so far Oracle seems unscathed by Wall Street's debt-driven crisis. Even so, free advice for Oracle's New York City sales office: Try the soft sell for a change. [WSJ]

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<![CDATA[10 tech stocks to watch as Lehman disappears and AIG totters]]> When it became obvious over the weekend that investment bank Lehman Brothers would finally fail and that no one was going to rescue it, Merrill Lynch CEO John Thain realized the market's reaction today would tank his company as well. So Thain met with Kenneth Lewis, CEO of Bank of America, and the pair reached a deal to sell Merrill Lynch to Bank of America for $44 billion. Which is, you might recall, around the price Microsoft wanted to pay for Yahoo. Of course, that kind of offer won't be coming for Yahoo again any time soon. While not so severely or directly, Lehman Brothers' collapse and insurance giant AIG's tottering on the brink will affect your tech portfolio today. Before this morning's open the company's stock was already down 3.83 percent on premarket trading. Watch Yahoo and nine other tech stock's continuing destruction or — dare you hope? — miraculous resilience on live stock charts below.

View the full YHOO chart at Wikinvest

View the full EBAY chart at Wikinvest

View the full GOOG chart at Wikinvest

View the full AMZN chart at Wikinvest

View the full MSFT chart at Wikinvest

View the full AIG chart at Wikinvest

View the full AAPL chart at Wikinvest

View the full CSCO chart at Wikinvest

View the full JAVA chart at Wikinvest

View the full ORCL chart at Wikinvest
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<![CDATA[VMware shares sink underwater with crew fleeing and sharks circling]]> New CEO Paul Maritz, formerly of Microsoft, may have just taken the helm of a sinking ship in VMware. CEO Diane Greene was unceremoniously ousted by chairman and CEO of corporate parent EMC Joe Tucci last month, leaving no women navigating any top Valley companies. Her husband, cofounder and fellow sailor Mendel Rosenblum to whom Tucci offered the CEO job and a board seat, has now officially resigned; product development VP Paul Chan soft-quit and will be gone by October; and VP of R&D Richard Sarwal moved to competitor Oracle last week (where, thanks to a recent California court decision, he does not have to honor any non-compete agreements).

Rosenblum has been on vacation for a month after Greene's firing, possibly to lessen the bad publicity ahead of VMworld 2008 in Las Vegas which starts next Monday — while Microsoft has been busy introducing its own virtualization technologies in a barnstorming campaign this week. My advice to Greene and Rosenblum? Sell those pre-IPO options as soon as you can, because the stock is bound to dip below the initial price sooner rather than later.

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<![CDATA[Judge says Oracle destroyed email evidence]]> It's been dragging on forever, the 2001 class-action lawsuit filed by shareholders who claim Larry Ellison and his team lied about the company's financial shape prior to Q2 '01 — back when New York still had a World Trade Center. Now, local district judge Susan Illston has ruled that Oracle conveniently failed to preserve Ellison's email from that period, as well as tapes and transcripts from Matthew Symonds, who interviewed Oracle's yachtbuilder-in-chief at length for his Ellison biography, Softwar.

Illston, who won fans among copyright wonks for ruling in favor of fair-use DRM hacks, is pretty clear that she doesn't see the lost evidence as an accident: "It is appropriate to infer," she wrote, "that the emails and software materials would demonstrate Ellison's knowledge of, among other things, problems with Suite 11i, the effects of the economy on Oracle's business and problems with defendants' forecasting model." Oracle spokespeople are keeping a tight lip on the situation.

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