28 National Systems would produce important benefit if we wouldnt deal with it in 28 different jurisdictions, but together in the European Union you could argue if it can be made that there is potential benefit in having one set of rules on one rather than 28. Then its being met. The other way around is of course also correct. Then the question is are we still respecting the principal which with the proportionality is one of the principals that should guide legislation in the European Union level. The fourth reason is why it can be beneficial. It provides again an understandable narrative about why are we integrating in the European Union. We had these in the past. We had the enlargement and these stories. We had a story in the last five years. Its a precondition for everything else. We have been able to survive. This is a number of positive stories like digital europe and energy union. Like the internal market and like corporations in defense and many others. They will wemore into det
Tremendous shift, right. I work for a Hedge Fund Manager that said you can change the fan belt while the engine is running but that is not prefererable. That seems like what you are doing with your business model. I wouldnt advise it. In the context of our business in the quarter that we just reported we grew our revenue 32 . We grew bookings 35 . That is good news. That means our revenue will grow larger in the future and yet we still have our own Premise Software business. That grew 5 . We are growing a lot in the cloud and with the announcements at this show we will grow a lot faster as we go forward. I talked to analysts about the new stuff you are offering. Two guys were really impressed and think your competitors will have to answer to the new products being released. There are three levels to the cloud. Platform as a service, infrastructure as a service and then applications as a service. Oracle wants to be highly differiated. Applications as a service is fast. Ten called best o
Their tune. By a had faced pressure from carl icahn and others who urged them to their marketplaces and payment business. With this move, don hoe will eave once it is completes. American express dan shulman is c. E. O. Designate of the new palpal company. Is it a good idea . I have been asking various members of the paypal mafia that question. Here are some of their opinions. There are still a lot of synergies between ebay and paypal. No matter what happens, whether they spin t out or keep it in, there has to be a firm agreement. I think that is a priority. Will paypal grow faster if it were not within ebay . Maybe, maybe not. Would it be valued differently the market or have a better mull. . I dont really care. If it spun out and had its own stock, you could motivate the Management Team to do more direct they would be compensated on pal pays performance. The relationship to ebay has to be extremely strong. Should paypal be spun off from ebay . I think there are very large synergies be
The coste is cutting of it cloudbased services. Google will decrease about 5 . Amazon cut its prices in response. Now to the lead. Oracles new coceos are laying out a vision for the company ellis after very Larry Ellison step down. Oracle has fallen to number two in application. Mark hargaret heard urd is discussing this. Are focusing on is the cloud. Large cory johnson is live. I have the ceo of oracle,mark hurd, congratulations on the title. Is there an important distinction of both coceos being called ceo . I dont know. Talk about the job and what it means and how its different. At oracle, there is probably not a lot different. We have been working together a long time and we feel great about oracles position in the market and we feel great about our technology. Our job right now is really focused on execution. We have a real exciting few years ahead of us. There has been a lot of criticism of the notion of a dual ceo. We have seen a lot of businesses over the years with deuce with
Ebay had faced pressure from carl icahn and others who urged them to split their marketplaces and payment business. With this move, donahoe will leave once it is complete. American express executive dan shulman is c. E. O. Designate of the new palpal company. Is it a good idea . I have been asking various members of the paypal mafia that question. These are the paypal founders who sold the company to ebay in 2002. Here are some of their opinions. There are still a lot of synergies between ebay and paypal. No matter what happens, whether they spin it out or keep it in, there has to be a Firm Commercial agreement. I think that is a priority. Will paypal grow faster if it were not within ebay . Maybe, maybe not. Would it be valued differently by the market or have a better multiple all that stuff . I dont really care. If it spun out and had its own stock, you could motivate the Management Team to do more direct they would be compensated purely on palpays performance. Spinning out is not a