CEO Larry Ellison says Oracle (ORCL) will release an extensive collection of cloud-based tools...


CEO Larry Ellison says Oracle (ORCL) will release an extensive collection of cloud-based tools next week as the company works to remain competitive. Ellison says it will be a "much more modern version" of cloud services, giving companies, for example, the ability to upgrade on demand and not at the whims of the service provider.

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