The City of Sunrise Firefighters' Pension Fund has sued Oracle, alleging that its executives lied about the company's successes in the cloud and engaged in coercion and threats to sell its cloud products, "creating an unsustainable model that fell apart." The plaintiff apparently is seeking class-action status for the suit. Oracle has called the suit meritless and said it would defend against it. The company might have a point, because unsustainable models emerge all the time, not as a result of malicious intent but as vagaries of the market. [More...]

When I read the book Ready Player One, I really got excited about the future of virtual reality, but the movie really didn't do the book justice. Some blockbusters have succeeded in interspersing computer graphics with real people and making it hard to tell the difference. Still, a totally rendered movie still looks like animation and you just don't get the film quality you get from, well, film. This was disappointing with Sky Captain and the World of Tomorrow, which was all done with actors in front of blue screens and rendered. [More...]

Oracle has open-sourced GraphPipe to enhance machine learning applications. The project's goal is to improve deployment results for machine learning models, noted Project Leader Vish Abrams. That process includes creating an open standard. The company has a questionable relationship with open source developers, so its decision to open-source GraphPipe might not receive a flood of interest. Oracle hopes developers will rally behind the project to simplify and standardize the deployment of machine learning models. [More...]

SugarCRM has agreed to acquisition by Accel-KKR, a leading technology-focused private equity firm. Although the announcement calls the deal "a significant investment," what typically happens when private equity moves in is that venture capital moves out. Private equity likes to own everything and thus have greater control. Although venture capital is still the prevalent investment form, private equity, with a different time horizon and goals, has been becoming increasingly important. [More...]