Oracle to move its annual OpenWorld conference from SF to Las Vegas for at least three years, citing SF's high hotel rates; move estimated to cost SF $64M/year (Ari Levy/CNBC)

Ari Levy / CNBC:
Oracle to move its annual OpenWorld conference from SF to Las Vegas for at least three years, citing SF's high hotel rates; move estimated to cost SF $64M/year  —  - Oracle is moving its annual OpenWorld conference from San Francisco to Las Vegas and it signed a three-year agreement with the Caesars Forum for the move.