Oracle’s Latest Investor Surprise: A New Revenue Reporting System

Oracle Corp. on Tuesday surprised investors by changing the way it reports revenue from its business units and warned currency conversions would weaken the company’s performance this quarter. Company executives defended the changes as more reflective of its business, but with the stock falling in after-hours trading analysts pressed for more. In previous quarters, Oracle…

Continue Reading →

Microsoft Employees Protest Work With ICE, as Tech Industry Mobilizes Over Immigration

SAN FRANCISCO — In an open letter posted to Microsoft’s internal message board on Tuesday, more than 100 employees protested the software maker’s work with Immigration and Customs Enforcement and asked the company to stop working with the agency, which has been separating migrant parents and their children at the border with Mexico. “We believe…

Continue Reading →

VW Group and Ford Motor in early talks to develop commercial vehicles together

German automaker Volkswagen AG and Big Three U.S. automaker Ford Motor are considering teaming up on a range of projects, including jointly developing commercial vehicles, that would help them better compete in a global market that’s demanding better tech and more efficient, lower-emission vehicles. The two companies announced Tuesday they had signed an agreement to…

Continue Reading →