Oracle, Ex-Exec Set to Settle Cloud Revenue Suit

Questions surrounding what is, or isn’t, cloud-related revenue aren’t new. In December 2015, research firm Gartner (NYSE: IT) recommended that CIOs “never take vendor cloud revenue at face value.” It wasn’t long after Gartner voiced those concerns that now ex-senior finance manager at Oracle (NYSE: ORCL) Svetlana Blackburn filed a lawsuit against her former employer alleging “improper accounting practices” related to cloud revenue. …read more

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