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On Tuesday, Oracle's top executives said that the company expects to generate more than $1 billion in new software-as-a-service (SaaS) and platform-as-a-service (PaaS) business in 2015.

This will put oracle in direct competition with Salesforce. com in the cloud market. During Oracle's quarterly earnings call, the company's Chairman and CTO Larry Ellison told financial analysts that people won't have to wait any longer to know who's going to sell the most SaaS and PaaS this year.

Oracle's SaaS and PaaS revenue grew by 30% to $372 million in the quarter that ended on February 28, the third of Oracle's fiscal year.

The United States Army is all set to destroy the country's largest remaining stockpile of chemical weapons. According to reports, the army could start destroying chemical weapons as early as Wednesday. Earlier, the United States Department of Defense (DOD) has agreed to destroy about 780,000 shells containing 2,600 tons of mustard agent at the Army's Pueblo Chemical Depot in southern Colorado.

As per depot spokesman Thomas Schultz, the process of eliminating chemical weapons could start on Wednesday if the weather is favorable. Schultz further said that managers do not want to expose containers to storms or bad weather.

On Wednesday, financial services major American Express announced that it will be working in partnership with companies like Macy's Inc. and Exxon Mobil Corp. for launching a loyalty program this spring. This decision is taken by the company in order to attract a wider customer base.

The program will work like drugstore-rewards programs, as customers will earn points by spending at the seven companies. These companies also include Rite Aid Corp., Hulu and AT&T Inc. By using these points, the customers can pay their AT&T Wireless bill in order to pay their purchases at Rite Aid.

Kraft is recalling 242,000 cases of the Original flavor of Macaroni & Cheese Dinner because of concerns that some boxes could contain small pieces of metal.

"We believe a piece of stainless steel got wedged in a metal piece of equipment, which may have generated friction that resulted in small pieces of metal potentially falling into the product", said Kraft spokeswoman Joyce Hodel in a statement.

Kraft distributed the product across the US and to Caribbean and South American countries but not to Canada. According to Hodel, eight complaints of metal pieces have been received by the company and no injuries have been reported so far.

An event conducted in Michigan suggested parents to not share too much information about kids on social media as it could put them at risk. A new study has found that an increasing number of parents across the globe have been posting too much information about their kids on social media and putting the little ones at risk.

The study has been conducted by researchers from the University of Michigan’s C. S. Mott Children's Hospital. The researchers found that more than 50% parents who were included in the study shared personal information of them and their children. This could help other people with wrong intentions to identify the location of a child. The study also stated that about 56% parents surveyed shared embarrassing or private information of their children.

On Sunday, a group of anti-robot protestors marched in the streets of Austin, home to the South by Southwest (SXSW) culture and tech festival, to highlight concerns about the rise of artificial intelligence (AI).

The group known as ‘Stop the Robots’ consists of more than two dozen undergraduates at the University of Texas at Austin.

The group cited concerns about the rise of artificial intelligence (AI) and held signs that read ‘Stop the Robots’and ‘Humans are the future’. The protest group included 15 to 20 undergraduates and was led by 23 year-old computer engineer Adam Mason.