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U.S. markets recover from steep losses
BRUSSELS, Jan. 21 (UPI) -- The European Commission Thursday granted software firm Oracle permission to take over Sun Microsystems, concluding an anti-trust investigation.
Nine months after Oracle announced it had struck a deal with Sun, European Union antitrust commissioner Neelie Kroes embraced the concept, The New York Times reported Thursday.
"I am now satisfied that competition and innovation will be preserved on all the markets concerned. Oracle's acquisition of Sun has the potential to revitalize important assets and create new and innovative products," Kroes said.
In negotiating to prevent a prolonged legal dispute, Oracle said it would commit itself to supporting MySQL, an open-source database program that Sun purchased in 2008 for $1 billion.
It has been downloaded more than 100 million times since 2000, the Times said. Oracle agreed to continue with MySQL's current commercial licenses for five years and guarantee that it would not file copyright claims against companies or individuals, the Times said.
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JAKARTA, May 24 (UPI) --
Indonesia needs to address loopholes in its moratorium on deforestation, Greenpeace said.
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LONDON, May 24 (UPI) --
Despite pressures on defense spending Britain is committing billions of pounds to two important but disparate programs.
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First-time buyers are driving the expectations that a recovery has begun. Their numbers and market share are growing despite financing roadblocks and competition with investors for entry-level homes. ...
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It is a whole new ball of wax in Europe these days.
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