Oracle Wins Copyright Case Against Rimini Street
Portfolio Pulse from Benzinga Newsdesk
Oracle has won a copyright case against Rimini Street, with the court entering a permanent injunction limiting Rimini's support practices and requiring Rimini to permanently discontinue use of various support practices. The court also held Rimini's CEO personally liable for the misconduct.
July 26, 2023 | 6:22 am
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POSITIVE IMPACT
Oracle's victory in the copyright case against Rimini Street could strengthen its position in the market and potentially boost its stock price in the short term.
Oracle's win in the copyright case against Rimini Street is a positive development for the company. It not only vindicates Oracle's rights but also potentially deters other companies from engaging in similar practices. This could strengthen Oracle's competitive position and potentially boost its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100