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Showing posts with label World news. Show all posts
Showing posts with label World news. Show all posts

Oracle seeks new trial against SAP over downloads

Tuesday, 7 February 2012 0 comments

Oracle seeks new trial against SAP over downloadsSan Francisco: Oracle Corp will head to a retrial against SAP AG over copyright infringement allegations after a US judge slashed a previous monetary award against SAP by over $1 billion.



 In a court filing on Monday, Oracle said it would reject a reduced $272 million damages award. A spokesman for SAP could not immediately be reached for comment. 

A Northern California jury had determined in 2010 that Oracle should be paid $1.3 billion over accusations SAP subsidiary TomorrowNow wrongfully downloaded millions of Oracle files. 

However, US District Judge Phyllis Hamilton last year found that Oracle had proven actual damages of only $272 million. Hamilton said Oracle could accept a $272 million award or opt for a new trial against SAP. 

In the filing on Monday, Oracle said it had "no choice" but to seek a new trial, so it could vindicate the jury's verdict. 

Iran starts cruise missile production

Sunday, 5 February 2012 0 comments

Iran's Defense Minister Brigadier General Ahmad Vahidi


Iran has launched of the Zafar (Triumph) marine cruise missile for the Islamic Revolution Guards Corps (IRGC) naval forces, Iranian news networks Press TV reported on Saturday.
“Zafar is a radar-controlled, short range torpedo with the capability to destroy small and medium targets with high precession,” Defense Minister Brigadier General Ahmad Vahidi said.
The missile can be mounted on various kinds of light, high speed vessels, Vahidi said, adding that it highly effective in anti-electronic warfare.
In April 2011, Vahidi announced that the country had successfully test-fired the indigenous Zafar missile.
He provided no specifications but said they were "the fastest cruise missiles in the world".

The short-range missile will be able to hit small and average-sized targets with high precision, Xinhua quoted the IRIB TV as saying.

It can be carried on light and fast moving vessels, and has high destructive power.

Defence Minister Brigadier General Ahmad Vahidi Saturday launched the production of Zafar (Victory) cruise missile. 

 
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