According to IDC, or International Data Corporation, Oracle commands 35% of the overall database market, whereas Amazon commands less than 1% of it.
Oracle’s Elastic Compute Cloud could be an alternative to Amazon’s already dominant offering, Amazon Web services’ (or AWS) Elastic Compute Cloud, or EC2.
Oracle shared that since the beta program has started, it’s very likely that Oracle Database 12c Release 2 will be released in the first half of 2016.
If we delve more deeply into IBM’s decision to provide source code to China, we see the company’s desperation. IBM is potentially helping its rivals and competitors and undermining its own competitiveness.
To provide a boost to its slowing economy, China cut its benchmark one-year lending rate for the fifth time in 2015. The PBoC slashed it by 25 basis points to 4.4%, effective October 24, 2015.
Tech players are desperate to have a mark in China. IBM, which is under tremendous pressure to report revenue growth, is leaving no stone unturned to increase its foothold in China.
In October 2015, IBM made a lot of news when it allowed China to see and review “an unspecified product’s source code.” China has been pressuring global tech companies to provide access to their program codes.
During its fiscal 2Q16 earnings conference call, BlackBerry announced that it will adopt Alphabet’s (GOOG) Android operating system for some of its future smartphones.
BlackBerry has high hopes that the Priv will resurrect its fortunes in the smartphone market.
BlackBerry’s struggles in the smartphone business continue. Not only is its share in the smartphone market declining, but the company also continues to lose money.
By acquiring SanDisk (SNDK), Western Digital (WDC) aims to improve its market standing as a supplier that could reignite new pricing pressure in the storage market.
With the action on the acquisition front, including the SanDisk acquisition, Western Digital is geared up to increase and enhance its presence in the SSD arena.
To fund the SanDisk acquisition, Western Digital intends to raise new debt of approximately $18.4 billion.
To acquire SanDisk, Western Digital has offered SanDisk shareholders $86.50 per share. This is approximately 15% premium to SanDisk’s closing share price on October 20, 2015.
AT&T changed its segment reporting structure. Its new segments are Business Solutions, Entertainment and Internet Services, Consumer Mobility, and International.
AT&T will report its 3Q15 earnings after the market closes today. According to Wall Street analysts, AT&T is expected to have ~$40.2 billion in revenue in 3Q15.
On October 8, 2015, SanDisk (SNDK) announced a partnership with Hewlett-Packard (HPQ).
Global chip demand is expected to rise to $432 billion in 2019. This expected growth is primarily due to growth in the Internet of Things (or IoT) space.
The semiconductor industry has seen a lot of mergers and acquisitions in the past 12 months. The most recent was the Dell-EMC deal.
Owing to China’s keen interest and demand in the semiconductor space, a China-based conglomerate would be an interesting choice to acquire SanDisk.