Oracle's New Suite Set To Boost Stock Higher

Sun, 04/22/2012 - 04:26 EDT - Seeking Alpha

By Ry Frank:The most remarkable news about Oracle (ORCL) at present is, of course, the high-stakes lawsuit it is currently engaged in with giant Google (GOOG).The basics surrounding the lawsuit are as follows: Oracle argues that the Android software used by Google in a variety of different products effectively breaches no less than seven copyrights and patents currently held by Oracle due to its acquisition of Java software. Google naturally argues otherwise, saying that the Java based software that it uses in its Android devices is open-source, and can therefore be used by anyone.The battle came to a head very recently, when the CEOs of each company both took to the stand in order to testify. In no less than twenty minutes of testimony, Google CEO Larry Page explained why he thought that Google was not in the wrong, stating that Oracle cannot copyright bits and pieces of Java software.Complete Story »

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Oracle's New Suite Set To Boost Stock Higher

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