Oracle’s struggles appear to be waning. The global enterprise software giant on Wednesday reported a profit and revenue beat for its fiscal second quarter as the company works through a poor macro-economy, stagnant hardware sales and an industry sea change toward cloud-based computing, in which companies store and access their data over the Internet. The company offered in-line guidance for the current quarter . In after-hours trading, Oracle
Verizon Wireless is about to change its 4G playbook. So far, its aim has been to whisk data at superfast speed to mobile devices. But in 2014, Verizon says, customers will start making voice calls over its new 4G LTE network. Most customers won’t hear a difference. But the change will lower costs for users, free up spectrum for Verizon and perhaps open the door to widespread, easy-to-use video chat services. Wireless phone companies have moved
China’s wireless service providers finally are set to launch 4G data networks, later than most carriers worldwide. But it’ll be worth the wait for them: The government is expected to dole out radio spectrum essentially for free. Wireless firms in the U.S., Europe, India and other markets typically spend billions of dollars to acquire airwaves in government auctions. Not so in China. Its government granted China Mobile (CHL), China Unicom (CHU) and