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Most major SaaS companies run $ORCL, like SAP runs Orbeon, SuccessFactors, Concur on Oracle; Netsuite runs on Oracle; Salesforce runs on Oracle & all of them are able to deliver more efficiency in terms of data processing by turning on memory feature & all of them are much more efficient in the usage of hardware resource by turning on multi-tenancy
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.