ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent ...
Read More »Oracle Corp accused of defrauding investors on cloud sales growth
Bloomberg Oracle Corp is named in a lawsuit alleging the company’s executives lied to shareholders when they explained why cloud sales were growing. The investor leading the case, the City of Sunrise Firefighters’ Pension Fund, claimed Oracle engaged in coercion and threats to sell its cloud-computing products, creating an unsustainable model that fell apart, according to the suit seeking class-action ...
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