PeopleSoft&#39;s Courtroom Confession
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You&#39;d think that after the disaster Jean-Marie Messier created at Vivendi (NYSE: V) by overhyping the prospects of an aging French water utility, no executive would ever again resort to lying about his company&#39;s prospects.
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The news that Oracle has formerly taken control of PeopleSoft and that David Duffield has resigned as PeopleSoft&#39;s CEO comes as no surprise.
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SAN FRANCISCOâDuring his Connect keynote address at PeopleSoft Inc.&#39;s user conference here on Tuesday, CEO Craig Conway pulled all the heartstringsâincluding a round of applause for former PeopleSoft founder Dave Duffield, who was strategically
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A few weeks ago the then-CEO of PeopleSoft, Craig Conway, posed the following question to attendees at a technology conference: &quot;Have you ever had a bad dream that never ended?
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For the past 18 months, Oracle has been locked in a battle to acquire rival PeopleSoft involving courtroom drama, poison pills, personal enmity and, recently, the departure of PeopleSoft&#39;s CEO Craig Conway.
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A PeopleSoft Inc.  board member told a Delaware court on Tuesday that the software maker would consider a bid from its rival Oracle Corp.  provided the price was right and a deal closed quickly.
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A PeopleSoft Inc. (PSFT.O: Quote, Profile, Research) board member told a Delaware court on Tuesday that the software maker would consider a bid from its rival Oracle Corp.
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Plus, PeopleSoft's courtroom confession, and Wal-Mart looks overseas.
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WILMINGTON, Delaware A director of PeopleSoft said that Craig Conway, the company&#39;s chief executive, was fired on Friday in part because he made false statements at an analysts&#39; conference in September 2003.
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The dispute between Oracle and PeopleSoft will return to the courtroom next month, when the presiding judge will hear more testimony.
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Board member testifies Conway was fired because he said Oracle&#39;s offer didn&#39;t affect business. WILMINGTON, Del.  - Former PeopleSoft Inc.
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Testimony from a PeopleSoft board member has indicated that the company had been thinking about removing deposed CEO Craig Conway for some time.
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May I buy your beloved pet dog, just so I can take him around back and shoot him? That&#39;s how the chief executive of PeopleSoft, Craig Conway, described Oracle&#39;s hostile bid for his company
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Former PeopleSoft chief executive Craig Conway has admitted that he lied to Wall Street analysts about the health of the business during his defence against the hostile bid from rival Oracle.
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It looks like Oracle/PeopleSoft is a done deal. But why would Larry Ellison spend $10.3 billion for overlapping technology? For me, the answer comes in two parts.
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Ziff Davis - In spite of having proclaimed itself a noncompetitor during the DOJ's trial against Oracle's takeover, Microsoft is wasting no time in offering migration services and hefty discounts to get PeopleSoft users onto its business management applications.
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Editor&#39;s note: The following excerpts are from Oracle CEO Larry Ellison&#39;s press conference Monday announcing an agreement to acquire PeopleSoft.