Even in the midst of the economic meltdown as prices for acquisition goodies decline, tech companies are keeping their mega-billion-dollar cash hordes warm and dry.
When will they open the purse strings? Or will Oracle’s Larry Ellison be the only hey-big-spender out there in the months ahead?
And when do you think tech companies should commence to gobbling?
BoomTown has been lagging in getting up this lovely video I did from a dinner party last Thursday, thrown for NetSuite’s tenth anniversary, which was held at one of billionaire Oracle founder Larry Ellison’s many houses–this one in the tony Pacific Heights section of San Francisco.
NetSuite is one of the pioneers in the broadly termed software-as-a-service space, selling an “integrated web-based business software suite.” Sounds dull? Yep!
But the party was not and, actually, this is an important topic, as businesses actually do begin to embrace the idea of putting themselves increasingly in the so-called cloud.
This past Saturday night, BoomTown attended the tony San Francisco book party for Jonathan Zittrain’s new book, “The Future of the Internet–And How to Stop It.” It was hosted by megablogger Arianna Huffington and Melanie Ellison, an old friend of Zittrain’s from high school, as it turned out.
And BoomTown took our Flip video camera, of course!
Is it just me or has the world turned upside down?
One sign: Longtime Microsoft (MSFT) nemesis and Oracle (ORCL) pooh-bah Larry Ellison gave an apparent thumbs up to the software giant’s attempt to take over Yahoo (YHOO) in an article by Andrew Ross Sorkin in the New York Times yesterday.
After noting that the current trend [...]
Kara Swisher started covering digital issues for The Wall Street Journal's San Francisco bureau in 1997 and also wrote the BoomTown column about the sector. With Walt Mossberg, she co-produces and co-hosts D: All Things Digital, a major high-tech and media conference. Read more »
Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.
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