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Biz Break: Oracle points to race with Salesforce as cloud transition takes hold
2015-03-17 23:48:40| Telecom - Topix.net
Today: Oracle's pivot to cloud software offerings cheers investors, who push shares higher despite slight revenue miss that is blamed on strong dollar. Oracle's sales came in lighter than analysts expected in Tuesday's earnings report, but the Redwood City software giant pointed to currency fluctuations as the cause and showed off continuing gains in cloud software, with an eye on rivaling cloud pioneer Salesforce.
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Category:Telecommunications