InfoAnda - Oracle ruling slams SAP's reputation

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

CERN scientists closer to understanding Big Bang | | 30 March 2010
American Idol changes its tune a little | Entertainment | | 15 December 2008
Retail sales weaken in UK | 28 September 2011

US men held in Pakistan will not be deported: minister | 12 December 2009

Forum Views () Forum Replies ()

Read more with google mobile : Oracle ruling slams SAP's reputation

Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition Oracle ruling slams SAP's reputation Reuters - Thursday, November 25 Send IM Story Print By Nicola Leske and Ritsuko Ando FRANKFURT/NEW YORK - SAP AG, slapped with a record $1.3 billion fine for stealing Oracle's software, faces the task of salvaging its tarnished reputation and convincing U.S. clients not to flee to Oracle or International Business Machines Corp. While SAP may get the damages reduced through an appeal, a prolonged legal battle could hurt its credibility and give rivals, which also include Microsoft Corp and Salesforce.com Inc, an advantage. With U.S. Federal investigators looking into a possible criminal case against SAP, analysts see serious consequences beyond the actual fine. "Even though SAP may appeal the judgment, the huge amount should be negative for the stock price and, will weaken SAP's position in the U.S.," said Jacques Abramowicz, analyst at Silvia Quandt research. "Oracle will use the decision as a marketing tool, wielding the moral cudgel every time new contracts are negotiated." SAP and Oracle's three-week courtroom drama captivated Silicon Valley with a slew of high-profile executives testifying. The verdict, announced after the market closed on Tuesday, sent SAP shares down 1 percent to 35.84 euros, one of the biggest losers in Germany's blue-chip index DAX. Oracle, on the other hand, rose 2 percent to $27.74. SAP, based in the small town of Walldorf near Heidelberg, is considering appealing the decision by a U.S. district court jury in Oakland, California. Analysts said the fine was the biggest-ever related to software patent infringement. The verdict and the maelstrom of negative publicity that followed are just the latest troubles for SAP. The company was criticized for angering customers with fee hikes in the midst of a recession, and former CEO Leo Apotheker -- now the head of Hewlett-Packard Co -- left abruptly in February. "This is a bad day for SAP that punctuates some rather poor decision-making over the past few years," said Wells Fargo senior analyst Jason Maynard. "From this episode of corporate theft to the ill-timed, recession-period maintenance price hikes, and then the sudden ousting of CEO Leo Apotheker, we think SAP needs to demonstrate better leadership going forward." HIT TO REPUTATION, WALLET SAP has acknowledged that its TomorrowNow subsidiary in the U.S. had wrongfully downloaded millions of Oracle's files, and co-CEO Bill McDermott took the stand and apologized. With the admission of liability, the main issue before the jury was how much was owed in damages. SAP said it was no more than $40 million, while Oracle sought at least $1.65 billion. Analysts had figured it would be somewhere in between. Most say SAP won't have a problem paying up or servicing debt, as the company had around $3.8 billion in cash as of the end of the third quarter and enjoys a healthy cash flow. Some estimated the $1.3 billion award represents a loss of around $1 to $1.20 per share for SAP stockholders, but most forecast a smaller payment after an appeal. More serious than the amount of fine, however, is the hit to its reputation, particularly risky in a business that is more about multiyear relationships rather than one-off sales. Oracle sales staff could use it as one factor in persuading clients not to deal with SAP. "There may be some reputational damage to sales, and government agencies in the U.S. may be particularly sensitive to the trial's outcome," UBS analyst Michael Briest said. In addition to the trial, SAP faces a possible probe by U.S. officials. The government is conducting a criminal investigation into the events surrounding TomorrowNow, but has not disclosed details. SAP said it has been cooperating with Department of Justice investigators. PRESSURE ON MANAGEMENT Analysts said the case was yet another result of SAP's troubled management, as seen in the sudden departure of former Apotheker. Apotheker stayed away from the trial, with HP refusing to accept a subpoena. One of SAP's biggest missteps in recent years was an across-the-board price hike during the recession, a move it reversed after complaints from a large number of customers. Tuesday's outcome was a vindication of sorts for Oracle and its chief executive, Larry Ellison, the flamboyant billionaire famous for his no-holds-barred attacks on SAP and other rivals. But Cross Research analyst Richard Williams said there was also a risk Oracle's "scorched earth" strategy could alienate clients. "The harsh tactics evident in the lead-up to the trial and its conclusion could backfire, creating sympathy for SAP in the minds of key enterprise customers that both companies vigorously compete for to win large deals," he said. Recommend Send IM Story Print Related Articles 'Fallout: New Vegas' ups the ante with downloads AFP - Thursday, November 25 US worried over WikiLeaks big release of diplomatic cables AFP - Thursday, November 25 US-TECH Summary Reuters - Thursday, November 25 Oracle ruling slams SAP's reputation Reuters - Thursday, November 25 FCC mulls Web traffic rules for December meeting Reuters - Thursday, November 25 News Search Top Stories US designates 'critical' polar bear habitat in Arctic British students clash with police during fees protest General strike cripples debt-hit Portugal Many cancers detected late in US: study Data brightens outlook for US economy More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended US, S.Korea plan war games after N.Korean attack DiCaprio in plane engine scare: report 'Naked' airport scanners may be 'dangerous' Tigers 'close to catastrophe': Russian PM General strike cripples debt-hit Portugal More Most Viewed » 'Naked' airport scanners may be 'dangerous' EU fines 11 airlines 800 million euros for air cargo cartel Pilgrims stone 'devil' as Muslims celebrate Eid World leaders scramble for funds to save the tiger US, S.Korea plan war games after N.Korean attack More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo! Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Entertainment Photos Yahoo! News Network Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

Other News on Thursday, 25 November 2010
British students clash with police at second fees protest
Bombs kill three, injure 22 in north Iraq
Branson launching digital magazine for iPad
Radical Lebanon cleric Bakri bailed from jail
Rio drug gangs battle police, 13 people killed |
Elections mask where real power lies in Egypt
Taiwan students risk jail over Facebook 'vote sale'
Many cancers detected late in US: study
'Tunnel of truth' for air travelers is a long way off
Cuba deal boosts China's Latin American oil plans |
Data brightens outlook for US economy
Syrian court questions detained blogger: rights groups
Afghan prosecutor announces new election probe
Greenhouse gases 'rise to record levels in 2009'
French PM Fillon says to keep up pace of reform |
Moroccan nationalists 'hack Algerian embassy website'
Madoff trustee seeks $2 bln in UBS fraud case
U.N. mulls 2,000 extra troops for Sudan vote: envoys |
Afghanistan releases majority of election results
US unemployment claims fall dramatically
Auschwitz museum creates online Holocaust course
EU slams Ivorian poll commission for obstruction |
Some Israelis doubt their airport security travels |
Five Somalis convicted in U.S. court for piracy |
Fashion industry's coming of age on show in Paris
US-ENTERTAINMENT Summary
George W. Bush memoir sells more than one million copies
China, Russia ink deals worth 8.5 billion dollars: Wen
Turkish-German family drama wins European film prize
Garbage exhibition opens in Romanian shopping mall
S.Korea raises port security, no maritime disruption
Defense companies eye niche technologies for growth |
Bristol Palin's star fades in TV dance contest
Pakistan slashes development to meet IMF targets
Spanish novelist Ana Maria Matute wins Cervantes prize
China central bank warns of growing inflationary pressure
Bikini-clad cheer squads add spice to beach volleyball
Divergent paths for US consumers as holidays near
India arrests 8 banking officials in bribery bust
Susan Boyle tops Rihanna on album chart |
Wesley Snipes asks bail while appeals tax convictions |
Getting inside the head of film director Tim Burton |
Controversial Dancing final seen by 24 million |
George W. Bush memoir sells more than one million copies |
Rapper DMX denied bail, remains in Arizona jail |
Gawker.com and Sarah Palin book publisher settle dispute |
Lebanese PM voices support for Hariri tribunal
South Korea strengthens military near border after attack |
Afghanistan unveils final results from fraud-marred vote
'Fallout: New Vegas' ups the ante with downloads
British students clash with police during fees protest
Cholera-hit Haiti needs nurses, doctors: U.N. |
US worried over WikiLeaks big release of diplomatic cables
General strike cripples debt-hit Portugal
US-TECH Summary
Afghan prosecutor announces new election probe
U.S. Court Sentences Somali Men To Life For USS Nicholas Attack
Oracle ruling slams SAP's reputation
Militants kill 5 elders in north Afghanistan
New Zealand mourns death of 29 coal miners |
Susan Boyle Earns Second Week At #1, Jackie Evancho Debuts On Billboard Albums Chart
FCC mulls Web traffic rules for December meeting
U.S. Court Summons ISI Chief, LeT Leaders In Mumbai Attacks
Defense companies eye niche technologies for growth
Militants kill 4 elders in north Afghanistan
U.S. Braces For Another WikiLeaks Release
Lebanese PM voices support for Hariri tribunal |
Drop In Jobless Claims Push Stocks Up
Siddle takes hattrick in Ashes Test
Protest Fizzles for Opting Out of Airport Security Checks
U.S., South Korea Set New War Games After North’s Attack
Kingdom of Tonga holds first popular vote
Ahead of Thanksgiving, GM Announces $163 Million Plan To Save 164 Jobs
US 'Honeymoon Killer' flies out of Australia
Study: Daily Dose Of Antiretroviral Drugs Lowers Chance Of Catching HIV By 40 Percent
Irish government faces election backlash after fiscal pain |
Indian premier's 'Mr Clean' image takes a battering
Colorado Under Mountain Blizzard Warnings
Myanmar's Suu Kyi to appeal in party dissolution case
DiCaprio says "Inception" script was "confusing"
US, Japan affirm co-operation over N.Korea
S.Korea strengthens military near border
Pre-wedding brunch leads to "Hangover II" mayhem
US designates 'critical' polar bear habitat in Arctic
N.Zealand PM demands answers as nation mourns
Ex-U.S. House leader Tom DeLay guilty of money-laundering
Cash-strapped Philippine ex-leader Estrada to sell home
Powerful storm to bring snow, ice to the Dakotas
N.Korea warns of more strikes as US carrier heads in
Jury convicts Tom DeLay in money laundering trial
India hit by growing banking scandal, shares fall |
Minimum and maximum temperatures in Celsius
Japan October export growth slows, worries deepen
Japan's frilly 'maids' go grey
New Zealand mourns death of 29 coal miners
The great "Contender"
Mobile phone firms face big govt charges in India
DiCaprio says "Inception" script was "confusing"
Japan export growth slows in October
Pre-wedding brunch leads to "Hangover II" mayhem
Seoul shares turn lower; Hyundai E&C, Woori gain
Kanye West set to bounce Susan Boyle from No. 1
NZ 2013 govt bonds yield 4.26 pct at tender
Viewership soars for "Dancing" finale
Korea Hot Stocks-Hyundai E&C rallies after sharp fall
Warner Bros. has trademarked "Quidditch" lingerie
KOREA MARKETS-Shares, bonds steady; won down over Korea tensions
"Hurt Locker" lawsuit enters dangerous territory
Shakira nets 500,000 euros for charity with Spanish TV ad
Korea fund buys stake in Canadian oil sands firm
Slim chance of nuclear cyber raid in closed N.Korea
Pre-wedding brunch leads to Hangover II mayhem |
DiCaprio says Inception script was confusing |
The great Contender
Hurt Locker lawsuit enters dangerous territory |
Warner Bros. has trademarked Quidditch lingerie |
Kanye West set to bounce Susan Boyle from No. 1 |
Afghan prosecutors open criminal probe into vote
Maliki named Iraq PM for second term, urges unity
Sony eyes December launch of e-readers in Japan
Egypt to have at least 64 women MPs after election
Sony to return to Japan e-reader market in December
Irish bailout talks continue as PM faces new setback
Iraqi PM Maliki asked to form new government
No risk of euro zone breakup in Irish crisis: EU |
Toyota still in 'crisis' one year after recalls
Another war in Sudan could cost $100 billion
New corruption scandal deals blow to India's image |
Afghan prosecutor: 2 election workers arrested
French chemistry professor fined for deadly lab blast |
Pakistan, Afghanistan to begin joint drug ops
Sony eyes December launch of e-readers in Japan
South Africa judge drops charges in mine tycoon killing |
Sony to return to Japan e-reader market in December
Dutch seek fugitive Nazi criminal from Germany |
OPINION: Close the book on Chinglish
Israel plans holding facility for illegal migrants |
Afghan, Pakistan agree on coordinated anti-drug raids |
Thai PM confident of growth
Egypt detains 156 protestors over church riots |
Hello Kitty castle on the way to Beijing
Canadians see Afghan army progress, support needed |
Airport protest never takes off, few delays seen
Thailand grills officials 'who issued birth certificates to abortion survivors'
FEATURE: Telling it like it is
China says Vatican 'violating' religious freedom
Bunny-crushing videos stir Chinese online anger
Bruce Lee biopic tracks action hero's early life
Smartphones, Twitter top Japan hit product survey |
New corruption scandal deals blow to India's image
Experts say publicist's murder is "solvable"
Gawker.com and Sarah Palin book publisher settle dispute |
Sony to return to Japan e-reader market in December |
Oakley Capital buys into Time Out for online growth |
Q+A-Why are U.S.-S.Korea drills so sensitive?
Pakistani stocks edge lower; rupee eases vs dollar
Pakistan's OGDCL, PPL mull bid for BP local assets-sources
China students on rampage over canteen price hikes
Mazda to recall over 72,000 cars due to defects
India housing loan scam hits property, bank stocks
Philippine economy slows after election splurge
KOREA MARKETS-Stocks, won end up, reverse early losses
BRIEF-Moody's says Korean ABS performance remains stable
Experts say publicist's murder is solvable |
Bruce Lee biopic tracks action hero's early life |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01