Oracle misses revenue estimates as licensing business drags
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(Reuters) - Business software maker Oracle Corp missed second-quarter revenue estimates on Thursday, as growth in its cloud services and license support unit failed to offset declines in its traditional software licensing business.Oracle has been aggressively pushing into cloud computing to compensate for the late entry into the fast-growing business that helps companies move away from the more expensive traditional on-premise model. It has announced plans to hire 2,000 additional workers to..