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Flash storage pioneer posted a third quarter loss Wednesday night with revenue dropping 27 percent year over year and said its CFO and EVP Dennis Wolf will be leaving the company. The company reported a loss of $27.9 million (28 cents pershare) compared to a profit of $3.9 million (4 cents a share) for the year-ago period. Wolf is leaving to join Datastaxa privately-held company, according to

The stock was off more than 25 percent Thursday, to $9.62 per share.

This post was updated at 9:17 a.m. PDT to reflect Wolf’s new job.

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Jofi Joseph, a senior National Security Council aide, admitted tweeting hundreds of anti-administration messages under the pseudonym @NatSecWonk. Joseph was fired last week after an investigation of the tweets, some of which criticized former Secretary of State Hillary Clinton and other top officials.

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Sometimes you just have to hand it to Oracle. A day after IBM announced a disappointing quarter, Oracle puts out a release to say it’s supplanted IBM as the second-largest software company in the known universe. Presumably, that’s after Microsoft, although Oracle doesn’t mention the “M” word in the release. If you want Oracle’s numbers click on the link but net, net, Oracle said over the last four quarters it reported $27.8 billion in software revenue compared to $25.7 million for IBM. Okay, IBM, your move.

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Calxeda, a maker of ARM-based system-on-a-chip devices (SOCs), just named Frank Frankovsky to its board of directors. Frankovsky comes with some serious data center hardware cred — he is VP of infrastructure at Facebook and is chairman and president of the Facebook-backed Open Compute Foundation that is pushing the use of open-source designed, energy efficient hardware in data centers.

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