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Oracle Accused of Defrauding Investors On Cloud Sales Growth (bloomberg.com)
An anonymous reader quotes a report from Bloomberg: Oracle is named in a lawsuit alleging the company's executives lied to shareholders when they explained why cloud sales were growing. The investor leading the case, the City of Sunrise Firefighters' Pension Fund, claimed Oracle engaged in coercion and threats to sell its cloud-computing products, creating an unsustainable model that fell apart, according to the suit seeking class-action status and filed Friday in San Jose, California. The Florida-based firefighter pension fund and other investors lost money when Oracle's stock plummeted in March after reporting a disappointing earnings report and outlook, according to the lawsuit.
The suit claimed that Oracle's executives lied in forward-looking statements, which are never guaranteed, during earnings calls and at investor conferences in 2017 when they said customers were rapidly adopting their cloud-based products and cloud sales would accelerate. The firefighter pension, which manages about $143 million for 235 participants, alleged that Oracle used software license audits and weakened existing maintenance programs to compel customers to buy the cloud products.
The suit claimed that Oracle's executives lied in forward-looking statements, which are never guaranteed, during earnings calls and at investor conferences in 2017 when they said customers were rapidly adopting their cloud-based products and cloud sales would accelerate. The firefighter pension, which manages about $143 million for 235 participants, alleged that Oracle used software license audits and weakened existing maintenance programs to compel customers to buy the cloud products.
I see you also posted anonymously.
The word "censorship" only applies when performed by a government on public speech. This is a private forum and the moderators here have every right in the world to pick and choose what they want to have displayed here.
Yes, wanting to remove a post that is egregiously racist, is tantamount to public book burning. That was sarcasm, in case anyone wasn't aware.
While I agree that speech that is close to the border of what is or isn't racist can be a tough call, in cases like the post in question there is really no question. Really it comes down to determining the intent of the person making the speech. Is it intended to defame, or incite anger or hatred towards a race or class of people? If the context of the speech makes that a clear yes, then the content should be removed.
The question is, do /you/ have difficulty making that determination for the post in question? Forget the whole "slippery slope" nonsense and generalities that people who like to post racist content hide behind. Do you have any difficulty parsing the clear intention of the poster in this instance?
Investing in the stock market is speculation
AKA gambling
don't complain when the house takes your money
Go well
Unfortunately there are no other choices besides Microsoft and Amazon's cloud DynoDB.
There's your first mistake.
No geeks Mysql is not the same thing nor close...
The thought of using MySQL for anything even remotely important should be enough to get someone fired and/or prosecuted.
...so don't bother bringing that up as these large customers use financial and AI reporting tools and APIs and not just simple SQL statements.
What do you think these reporting tools are sending to the database, if not SQL?