Telstra has revealed the addition of almost one million new mobile services in the six months to December 2011, but Sensis revenues plummeted 24 percent in 12 months.
Fifty-nine U.S. senators have written to the European Commission, asking it to get on with its investigation of Oracle's acquisition of Sun Microsystems. One of the senators suggested that the investigation was an attempt to obstruct American businesses.
The request for action, sent to the acting head of the delegation of the European Commission to the United States, was initiated by Senators John Kerry (Democrat of Massachusetts) and Orrin Hatch (Republican of Utah).
The letter was also signed by 57 other senators from both sides of the aisle.
The EU formally objected to the merger earlier this month and has until January 19, 2010, to decide whether to let the deal go through.
The senators' letter points out that the U.S. Department of Justice already approved the merger, three months ago. Oracle CEO Larry Ellison has said that the EU's delay is costing Oracle US$100 million a month.
The senators wrote, "Due to Sun Microsystems’ deteriorating financial condition and the possible negative effect on employment of the company’s workforce, we respectfully request the European Commission expedite the completion of its investigation into this transaction."
In a separate statement accompanying release of the letter, Senator Kerry said, "The EC is within its sovereign rights to set the rules for operation in its market, but...it is fair to ask the EC for the basis on which a delay on decision making is warranted and to make a decision one way or the other."
In a somewhat less diplomatic statement, Senator Hatch added, "I have become increasingly concerned about the growing body of evidence that foreign regulatory agencies are unfairly using their review processes to impede the business of American corporations."
Earlier this month, the Wall Street Journalspeculated that the German company SAP was influencing the EU to delay the merger.
David Bass
| ComOps, a leading Australian provider of business software products and services, has won a competitive tender to deploy its Salvus safety, r…
How to Make Business Discovery Work for Your Business
Business Discovery takes its cues from consumer apps. Like Google, it encourages us- ers to hunt for and explore data without worrying about or even noticing the underly- ing technology. Their entire experience is working within an intuitive interface to get real-time, self-service results with only minimal training. ...more
Try an easy-to-use set of web-enabled
tools for business-class productivity services. Office 365 provides
anywhere-access to email, important documents, contacts, and calendars
on almost any device.
