Larry Ellison delivers cloud computing its annual spanking

Larry Ellison delivers cloud computing its annual spanking

Oracle CEO Larry Ellison brought his audience to laughter and cheers at the Churchill Club last week, with a spontaneous lampooning of people who throw around the current tech buzzword “the cloud.”

A year ago, Ellison told an Oracle OpenWorld keynote audience, ”We’ll make cloud computing announcements…. Continue Reading

Roundup: European leaders agree on rescue plan, Microsoft to release Silverlight 2 and more

Roundup: European leaders agree on rescue plan, Microsoft to release Silverlight 2 and more

Here’s the latest action:

European leaders agree on financial rescue plan — The move will involve the injection of billions of Euros into banks in Germany, France and other countries. It was spurred by a similar British plan announced last week.

Memeorandum Colors visualizes political bias — The new… Continue Reading

Biotech chameleons: Quark Pharma aims for $81M IPO

Biotech chameleons: Quark Pharma aims for $81M IPO

(UPDATED: See below.)

For some reason, biotechnology is rife with chameleons — companies that suddenly and radically alter their scientific strategy, disease focus or business model, sometimes to recover from a major failure, and sometimes just to be whatever faddish investors want them to be.

Today, for… Continue Reading

Silicon Valley’s search for Fountain of Youth; Thiel joins Ellison in quest

Silicon Valley’s search for Fountain of Youth; Thiel joins Ellison in quest

Peter A. Thiel, co-founder and former chief executive officer of the online payments company, PayPal, has pledged $3.5 million “to support scientific research into the alleviation and eventual reversal of the debilities caused by aging,” and has invested in the Methuselah Foundation, a Springfield, Va.,… Continue Reading