Oracle's UI sucks, and sales numbers are inflated.
In other news, bears are found to defactate in woodland areas
The financial group suing Oracle for allegedly deceiving investors by inflating its cloud revenue this week took a third stab at articulating its claim against the database giant. Since the City of Sunrise Firefighters' Pension Fund filed its initial 19-page complaint in August 2018, pushback from Oracle and the judge …
Given the well-known shakedown tactics of the Minions the bench shyster is either bought or an idiot. The Minions' tactics would make a mafioso blush for their brazenness and general jackassery. So I would believe the charges are probably true; the Minions squeezed many customers with a deal to make some numbers look better than they actually are. What the bench shyster fails to grasp is not that the net revenue is off but the Minions want to look like a stronger cloud player than they really are. Since the Minions are a distant laggard anything the juices their cloud numbers will help their stock price and market perception which is the basis of the suit.
While it's perhaps nice to have standing to attempt to punish Oracle in court, it's also amazingly stupid.
Invest in a baby-seal-clubbing operation? Have you no morals at all? It's not like their behavior is unknown, even to finance types (in the big outfits, they are stuck with the junk).
And then to sue an outfit also famously litigious as well as famously dishonest, but with a record of winning in the courts?
Who did due diligence here? On anything at all?
Yeah, I know, pension funds (or mutual funds) have no morals either, but if Oracle is the only way to make money, I'd look for a better job.
I'm sure there are other ways to keep grandma and pa on better than cat-food.
Utter tosh! No Oracle sales-type would tie a customer into buying a load of Cloud Credits in order to discount the actual products the customer wanted... Nor would they pester the customer to login and activate said Cloud service or even ask the customer for their password to "help" them... As if such practices were actually happening in the real world!!! It's not like Larry would claw back sales bonuses paid on these Cloud sales which led to large Cloud DC's being built and then no customers ever used them - for sure!
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