Blockbuster CEO to leave, Oracle profits climb 

John Antioco, chairman and chief executive of Blockbuster Inc. (BBI), will leave by the end of the year.

The move would end a high-profile salary squabble with the movie-rental company’s board.

Antioco, who has led the company since 1997, has repeatedly clashed in the last two years with billionaire investor Carl Icahn, who is on the board and holds about 10 percent of Blockbuster’s stock.

Oracle's earnings climb

Redwood Shores-based Oracle, helmed by Larry Ellison, said fiscal third-quarter profits climbed 35 percent amid strong sales growth.

Oracle Corp. (ORCL) said Tuesday that it earned $1.03 billion, or 20 cents per share, for the three months ended in February, compared with net income of $765 million at the same time last year.

Sales of new software licenses also rose 27 percent.

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A daily newspaper covering San Francisco, San Mateo County and serving Alameda, Marin and Santa Clara counties.
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