Thursday 29 September 2011

Reuters - Oracle and Autonomy escalated their war of words

Oracle and Autonomy escalated their war of words on Thursday, sparring publicly over whether the British software firm had ever been shopped to the U.S. technology giant.

Autonomy, which Hewlett-Packard this year agreed to buy for $12 billion, is at the center of a debate on Wall Street over the tenure of fired HP CEO Leo Apotheker and the future direction of the company he once ran. The spat comes at an inopportune time for HP, fighting to salvage its reputation with investors.

Entrepreneur, venture capitalist and HP board member, Marc Andreessen, referred to Oracle as an "oldline" software company and took a jab at outspoken CEO Larry Ellison: “Larry is one of my idols,” Andreessen said. “I wouldn’t quite say my role model.”

Despite losing two more senior executives, BlackBerry maker Research In Motion brushed off suggestions on Thursday that it would discontinue production of its PlayBook computer tablet as "pure fiction."

Fortune's annual ranking of the "50 Most Powerful Women in Business" was released on Thursday and former Yahoo CEO Carol Bartz was a noticeable omission. HP's new CEO Meg Whitmen made the list at No. 9 and Facebook COO Sheryl Sandberg came in at No. 12. Google was well-represented with two women: Susan Wojcicki (No. 28) and Marissa Mayer (No. 38).

Travel search provider Kayak is the latest Web company to delay its IPO plans, reports AllThingsD's Tricia Duryee.