4 Smart Tech Stocks To Buy Now Instead Of Oracle
Oracle (ORCL) is currently involved in a number of lawsuits. The question that naturally arises, then, is whether or not these are distracting the company from its aim to keep its stock up.
Oracle and Google (GOOG) remain locked in battle over the Android patent. The lawsuit revolves around an assertion made by Oracle regarding its Java software which has been used in Google’s Android technology. Google, however, insists that it did not use Oracle’s protected code in order to achieve this.
At present, the jury is still out and has not yet reached a final decision, although recently, a partial verdict in the copyright phase was given. However, the jury expressed the need for more time to resolve the remaining issue in the lawsuit. This was recently granted by a judge so a final decision has not yet been made. So far the jury has agreed unanimously, with all but one of the points on the verdict form. This seems like good news for Oracle, but it may be a while before the jury is able to reach an agreement on that last issue. In fact the question is beginning to arise whether or not the jury is deadlocked. The implications of this will be far reaching for both companies.
A partial decision from the jury is acceptable at this point, but the judge gave them a short break to mull it over and perhaps come to a final decision on the last point.To continue reading, click here.