New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 17, 2014
11:20 EDTORCLCourt rules that Rimini Street infringed Oracle copyrights
On February 13, the U.S. District Court in Las Vegas entered an order granting in part Oracle's motion for summary judgment in its case against Rimini Street and its CEO, Seth Ravin. The Court ruled that Rimini Street infringed Oracle copyrights by installing PeopleSoft software on Rimini Street's computer systems in order to develop and test software updates for Rimini Street's customers. The Court rejected Rimini Street's defense that the copying was permitted by licenses held by Rimini Street's customers -- the City of Flint and Pittsburgh Public Schools. The Court also rejected Rimini Street's defense that Oracle had granted Rimini Street an implied license and ordered that partial judgment be entered in Oracle's favor. "The Court's ruling is an important vindication of Oracle's intellectual property rights," said Oracle attorney David Boies. "As the Court's ruling explains, Rimini Street has used illegal and unlicensed copies of PeopleSoft software as the basis of its business. We look forward to holding Rimini Street and Seth Ravin accountable at trial for the damages caused by their misconduct." The Court reserved for trial issues relating to certain other software and customers, and a second motion by Oracle for summary judgment on other issues remains pending.
News For ORCL From The Last 14 Days
Check below for free stories on ORCL the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
July 16, 2014
08:08 EDTORCLOracle Social Cloud announces LinkedIn support for SRM platform
Subscribe for More Information
July 14, 2014
12:49 EDTORCLOracle hosts an educational webcast
Subscribe for More Information
July 10, 2014
16:15 EDTORCLKEYW, Oracle collaborate on advanced security solutions
Subscribe for More Information
07:20 EDTORCLIridium completes implementation of Oracle's management and billing solution
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use