Oracle whistleblower suit raises questions over cloud accounting


  • TECH
  • Tuesday, 07 Jun 2016

The Oracle Corporation campus is shown in this aerial photo in Redwood City, California April 6, 2016. REUTERS/Noah Berger/File Photo

SAN FRANCISCO: A whistleblower lawsuit filed against Oracle Corp over its accounting practices underscores the pressures established computer companies face to show that they are growing in the fast-moving business known as the cloud. 

The lawsuit, filed on June 1 in US District Court in San Francisco by former Oracle senior finance manager Svetlana Blackburn, also revives longstanding questions about proper accounting when software and computer services are bought on a subscription basis rather than as a single package, analysts said. 

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