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Web1.0’s major casualty, Sun has finally landed up in Oracle’s lap – for $9.50 a share in a deal valued at $7.4 billion. Oracle will pay a premium of $2.81 a share, or 42%, over Sun Micro’s closing price of … Read More »
Oracle India’s Financial Services (i.e. erstwhile i-Flex), in a drive to cut cost has linked salary with one’s billing hours – resulting in salary cuts of 10-50% across the board. “If an employee is a billable resource for 15 days … Read More »