Oracle spends $3.3 Billion on Hyperion

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With the aim to further undermine rival SAP, Oracle has agreed to acquire enterprise software firm Hyperion Solutions Corporation for $3.3 billion in cash. Hyperion develops enterprise performance management software that helps companies plan, map...

School boy spends $1.4m on friends eBay account

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It has been reported that a 13 year-old has used his school's Internet connection to spend a total of about $1.4m on a friend's eBay account. Purchases included a helicopter, jet aircraft, motorbike and pickup...

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