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Oracle settles SEC charges over secret India payments
Reuters
Aug 16 (Reuters) - Oracle Corp agreed to pay a $2 million fine to settle U.S. Securities and Exchange Commission charges that an India subsidiary secretly set aside money used to make unauthorized payments to phony vendors in that country. Thursday's ...
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Amazon adds more features to Oracle database in the cloud
Computerworld
With RDS, enterprises can deploy Oracle Database 11g on Amazon's cloud. The service handles database administration tasks such as provisioning, backups, software patching, monitoring, and hardware scaling, according to the RDS for Oracle Database ...
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Daily Cuppa: Cisco boom, Oracle pays, Assange gets asylum
ZDNet
Oracle will pay US$2 million in fines to the Securities and Exchange Commission (SEC). Oracle opted to settle the case after the SEC alleged that employees based in Oracle's Indian offices structured transactions with the government to allow ...
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Oracle Reaches $2 Million Settlement with SEC on FCPA Probe
Wall Street Journal (blog)
Oracle Corp. agreed to a $2 million settlement with the Securities and Exchange Commission, after the regulator accused the software firm of violating the Foreign Corrupt Practices Act, Dow Jones Newswires reported. The SEC, which simultaneously ...
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Wall Street Journal (blog)
America's Cup is China's chance to grow
San Francisco Chronicle
While the Oracle Team USA boats have been practicing on the bay for several months, over this year and last, China Team has been out once. Meet the underdog of next week's America's Cup World Series, a precursor to next year's America's Cup. The team ...
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San Francisco Chronicle
Oracle Paying $2 Million Settlement Over SEC Claims
Bloomberg
Employees of the subsidiary, Oracle India Private Ltd., set up transactions with India's government in a way that let distributors hold about $2.2 million in proceeds in unauthorized side funds, the SEC said. The employees then directed the ...
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Oracle Pays $2 Million To Settle Bribery Case With The SEC
Business Insider
The SEC was concerned that from 2005 to 2007 Oracle India Private Ltd. was secretly banking up funds that would be used to bribe vendors in India. The unauthorized funds amounted to about $2.2 million, the SEC said Thursday. Specifically, the SEC today ...
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Amazon adds more features to Oracle database in the cloud
InfoWorld
Enterprises can now launch RDS (Relational Database Service) instances running an Oracle database within a VPC (Virtual Private Cloud), which gives administrators more control compared to a standard instance or virtual server. [ In the data center ...
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Oracle Delivers Java SE 7 Mac OS X BEFORE Windows
Dr. Dobb's
With what is perhaps an unexpected tilt of the cap to Apple HQ, Oracle is pushing out Mac compatibility in advance of Windows (or any other platform) for this release. Java SE 7 Update 6 will now be available on Mac OS X, including the Java Runtime ...
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Oracle Settles SEC Bribery Case for $2 Million
All Things Digital
In 2007, Oracle discovered that a few employees of its Indian subsidiary apparently had directed distributors to maintain side funds in violation of Oracle business practices. Following a thorough investigation, the employees involved were terminated ...
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Oracle agrees to pay $2M to settle SEC charges of failing to prevent secret ...
Washington Post
WASHINGTON — Software maker Oracle Corp. has agreed to pay $2 million to settle federal civil charges of failing to prevent secret payments in its sales operations in India. The Securities and Exchange Commission announced the settlement Thursday.
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Oracle pays fine to SEC over India subsidiary's side funds
ZDNet
According to an SEC statement, Oracle settled the charges by paying a $2 million fine. For Oracle, the SEC flap is the latest court setback. For instance, HP recently won lawsuit over Oracle's decision to not support Itanium. The Itanium suit is a ...
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Oracle Settles Foreign Corrupt Practices Charge with SEC for $2 Million
Fox Business
In an example, according to the SEC's complaint, Oracle India secured a $3.9 million deal with the Indian government's Ministry of Information Technology and Communications in May 2006. As instructed by Oracle India's then-sales director, only $2.1 ...
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What were they thinking: Apple, Google, Oracle and Samsung dueling
EE Times (blog)
I am not sure about you, but I just start laughing when I read about the latest rounds of fighting going on between Apple and Google over YouTube and Google maps no longer going to be on the iPhone, or Google dropping support for Flash or the patent ...
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Oracle Settles Foreign Corrupt Practices Charge With SEC
Fox Business
In a statement Thursday, the SEC said Oracle failed to prevent Oracle India Private Ltd. from secretly setting aside money that was eventually used to make unauthorized payments to vendors in India. The unauthorized side funds, which existed from 2005 ...
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Can a CEO's Success Be Foretold? Consult the Oracle
Wall Street Journal (blog)
In a new edition of his 700-page-plus book, "The Tao for CEOs and Investors," Urvina details how the oracle foretold the fates of dozens of famous bosses. Jack Welch's success at General Electric? Foretold! Bill Clinton's blunder with Monica Lewinsky?
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Wall Street Journal (blog)
Oracle Secure Global Desktop 4.7 simplifies virtualised application access
Computer Business Review
Oracle has released its Secure Global Desktop 4.7, an access application which provides secure, browser-based access to applications hosted in the data centre, from different client devices. The new application provides access to centralised, server ...
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Oracle Pays $2 Million To Settle The SEC's Foreign Bribery Charges
Business Insider
The Securities and Exchange Commission said Thursday it charged Oracle with violating the Foreign Corrupt Practices Act after the subsidiary kept about $2.2 million of cash off the books by making the phony payments. Oracle's employees paid supposed ...
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Business Insider
Oracle fined $2 mln over overseas payments
MarketWatch
WASHINGTON (MarketWatch) - The Securities and Exchange Commission on Thursday fined Oracle Corp. (NASDAQ:ORCL) $2 million for allegedly violating the U.S. Foreign Corrupt Practices Act by failing to prevent a division of the business from "secretly" ...
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Oracle pays off SEC to settle Indian channel bribery claims
Register
The SEC filing notes that between 2005 and 2007 Oracle India siphoned off around $2.2m from eight different contracts with the Indian government that were worth $6.7m in revenues. This money was held off the corporate books for "market development ...
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Oracle to pay $2 million to resolve foreign bribery case
Reuters
WASHINGTON Aug 16 (Reuters) - The U.S. Securities and Exchange Commission on Thursday charged Oracle Corp of violating an anti-foreign bribery law by secretly moving money off the company's books and using that money to make unauthorized ...
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Oracle / SQL Server Developer - Banking
Here Is The City
Oracle / SQL Server Developer - Banking A global bank are looking to hire an Oracle/ SQL Server Developer to assist in the completion of BAU and upcoming projects. Responsibilities: * Create dat. Oracle / SQL Server Developer - Banking A global bank ...
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Oracle fined $2 mn for off-books payments in India
AFP
WASHINGTON — Software and systems giant Oracle was fined $2 million Thursday to resolve charges that its India subsidiary kept a multi-million dollar off-books slush fund. The Securities and Exchange Commission said it had filed charges in San ...
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Lightning Round: Oracle, Westar, Wells Fargo and More
CNBC.com (blog)
Lightning Round: Oracle, Westar, Wells Fargo and More · Cramer Decodes Topsy-Turvy Stock Reactions · Lightning Round: DirecTV, Exxon, Jazz and More · Cramer's 3 Stocks to Buy on a Pullback · Lightning Round: Michael Kors, Amerigas Partners, Morgan ...
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Today in Tech: TCS to buy high performance computing firm; Oracle pays $2 ...
Forbes India (blog)
For example, according to the SEC's complaint, Oracle India secured a $3.9 million deal with India's Ministry of Information Technology and Communications in May 2006. As instructed by Oracle India's then-sales director, only $2.1 million was sent to ...
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SAP Courts Startups From Health to Retail in Data Push
Businessweek
The software giant hopes its tiny partners will spawn new concepts that give it an edge against competitors including Oracle Corp. (ORCL), which dominates the $26.7 billion database market. "If you can do a business model change with innovation, that's ...
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Oracle pays $2m to settle with SEC over India operation
BBC News
Oracle Software is agreeing to pay $2m (£1.27m) to settle federal civil charges of failing to prevent secret payments in its Indian sales operation. The Securities and Exchange Commission (SEC) said Oracle had violated the Foreign Corrupt Practices Act.
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BBC News
Oracle updates Java for Mac, Linux, ARM
ITWorld Canada
For the first time, Oracle is releasing a Java Runtime Edition for Mac OSX systems; with the new Java SE 7 Update 6, the company has added security features and will send updates for both Windows and Apple systems simultaneously. Oracle also released ...
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Reading's top 10 budget eats
New York Daily News
The Oracle shopping centre, which straddles the river Kennet, features many of the usual chain suspects, but also a few smaller operators of note. The San Fran-inspired Mission serves sound burritos, tacos and salad bowls. Its carnitas, very slowly ...
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Blogs13 new results for Oracle
 
Oracle to pay $ 2 million fine over India bribery charge - World News ...
Software giant Oracle has agreed to pay million to settle US regulators' charges that its Indian subsidiary violated foreign anti-bribery laws by secretly setting aside money to make unauthorised payments to phony vendors.
IBN Top Headlines
Oracle Gets Some Open Source Love : Beyond Search
By Stephen E. Arnold
Oracle is introducing another upgrade according to the Technews article "Oracle Announces Update to Oracle Enterprise Pack for Eclipse." This new design time tool will be for Oracle Application Development Framework the standards based, ...
Beyond Search
Oracle paying $2M to settle SEC charges on India - seattlepi.com
WASHINGTON (AP) — Software maker Oracle Corp. has agreed to pay $2 million to settle federal civil charges of failing to prevent secret payments in its sales operations in India. "Oracle has established policies, programs and controls to ...
Business Heds Index
Oracle Fined $2 Million for Off-books Payments in India ...
By AFP
Oracle neither admitted nor denied the allegations, but the SEC said it voluntarily disclosed the problem, had cooperated with the investigation and had fired employees involved in the misconduct.
SecurityWeek RSS Feed
Oracle Audit Vault v10.3 available | ToolsWatch.org
By mastermind
Regulatory compliance, privacy, consolidation, and outsourcing are just a few of the business challenges demanding stronger security controls on databases. Auditing plays an especially vital role in monitoring the activities of privileged users ...
ToolsWatch.org
The FCPA Blog - The FCPA Blog - Oracle Settles SEC Charges
By Richard L. Cassin
Oracle Corporation on Thursday agreed to pay a $2 million civil penalty to the SEC to settle FCPA charges arising from a slush fund in India used to pay bribes. The SEC said California-based Oracle 'failed to prevent a subsidiary from secretly ...
The FCPA Blog
Oracle fined $ 2 M for violation of the Foreign Corrupt Practices ACT ...
By kris.ankem
The Securities and Exchange Commission (SEC) said Oracle had violated the Foreign Corrupt Practices Act. The watchdog said Oracle had allowed its Indian subsidiary to secretly set aside money – used to make unauthorised payments to ...
LearnGoogle.net
2nd UPDATE: Oracle Settles Foreign Corrupt Practices Charge With ...
Morningstar's Grady Burkett highlights the new dynamics in an increasingly mobile-driven sector, the effect of Europe woes on key players, the hallmarks of durability among social media names, and more. Where Active Has Beaten Passive ...
RSS for 3party Content
Jim Cramer: You Need to BUY Oracle and PetSmart PLUS these 3 ...
By info@wallstcheatsheet.com (Damien Hoffman)
Jim Cramer made the following calls on August 16th, 2012. What do you think about his picks? Magnum Hunter Resources Corporation (NYSE:MHR): Jim Cramer ranked this stock a Buy. The stock closed at $4.39, its 52-week high is $7.71, ...
Wall St. Cheat Sheet
Lightning Round: Oracle, Westar, Wells Fargo and More - Stocks ...
Lightning Round: Oracle, Westar, Wells Fargo and More. From: All News, Video and Posts related to TOPIC: Stock Picks - 6:58pm - August 16, 2012. Cramer makes the call on viewers' favorite stocks. Continue reading this article » ...
eWallstreeter
Oracle fined $2 mln over overseas payments - Proactiveinvestors (NA)
Software giant Oracle Corp. (NASDAQ:ORCL) was fined $2 million by the Securities and Exchange Commission for allegedly violating the U.S. Foreign Corrupt Practices Act.The U.S..
Proactiveinvestors USA & Canada website
Selected IVLE services affected by Oracle server maintenance on ...
By Kenneth Pinto
The following IVLE services will be unavailable on Sat 25 Aug from 0300 hrs to 0700 hrs (4 hours) due to Oracle server maintenance: GEM Module Listing IVLE.
CIT System Updates
Creating Oracle Cards with Lisa de St. Croix / September 5, 2012 ...
By DIY Editor
Using guided meditation you will access your inner wisdom, spirit guides and plant and animal allies to create the beginning of a set of divination cards. There will be a ...
DIY Santa Fe - Santa Fe Creative Tourism

Web3 new results for Oracle
 
SEC Charges Oracle Corporation With FCPA Violations Related to ...
16, 2012 — The Securities and Exchange Commission today charged Oracle Corporation with violating the Foreign Corrupt Practices Act (FCPA) by failing to ...
www.sec.gov/news/press/2012/2012-158.htm
Oracle Gets Even (Flow) With Pearl Jam at Openworld - Arik ...
Is an early-'90s battle of the bands brewing with Salesforce?
allthingsd.com/.../oracle-hires-pearl-jam-to-play-openworld/
Judge in Google-Oracle case seeks names of paid reporters ...
From Yahoo! News: SAN FRANCISCO (Reuters) - A judge in the patent battle between Google Inc and Oracle Corp ordered the companies to disclose the ...
news.yahoo.com/judge-google-oracle-case-seeks-names-paid-r...


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