i'm john fortt. >>> overseas news in cyprus today, a big sigh of relief. banks finally reopened after being closed for nearly two weeks. branches opened on time. lines were long. restrictions on how much money people could withdraw. and officials were prepared for the worst. but as michelle caruso-cabrera tells us, things remain calm and the worst never came. >> reporter: the banks here in cyprus open for the first time in nearly two weeks. the event marks a key step for the country's economy and also puts an end to days of uncertainty. late last week the panic started to set in. word spread the eu was forcing cyprus to shut down at least one of the country's two largest banks. the ceo of the bank destined to be liquidated appears stunned after being informed at parliament he'll be out of a job soon. is this not more fair that the most troubled bank and the investors in that most troubled bank are the ones who suffer the most? >> it's absolutely fair, the causes of the failure belong to the bank. >> reporter: the protests strengthened over the weekend as b

. >> joining us now is ebay's ceo, john donahoe. he's lived with an exclusive interview for us is and we're also joined by our own jon fortt. so how much do you want to grow in the next two years, i guess, is the big question, mr. donahoe. i'm sure you want to grow quite a bit. but tell us how you plan to do that. you've put out some pretty aggressive targets. >> well, sue, what we said this morning was that last year, we enabled over $175 billion of commerce across our properties, ebay, paypal, and gsi. and in 2015, we want that number to go to $300 billion, where we enable $300 billion of commerce. and what's happening, the reason that we're able to do that, is that mobile technology is completely blurring the lines between what used to be call ee ecommerce, or online, and what used to be called retail, or offline, and now it's just commerce, so it's a bigger market for our company. >> john, the last time you were with us, we talked a lot about the mobile strategy you want to employ and are employing. how much of the growth will c

john fortt, fill us in on this story. >> well, i think ms. catz has a point here, but maybe the sales team wasn't thrown under the bus. i think they've been in a way under the bus for a while now. it's important to go back, back in june, the head of sales, keith block, left oracle. and one of the stories that i have heard today is i've kind of asked questions around this, is that oracle has still been transitioning the sales force, trying to go from selling mostly database to selling hardware and clad applications as well, and it kind of caught up to them. q4 is the time when the sales team really has to perform, if they're going to hit their annual quota. we really have to see if they show up in this case. i still think, though, they're going to have kinks to work out going forward because they're really trying to sell this suite of products in a whole different way than in the past. there could be something to the story, tyler. >> to the other john, if i might. you know, we did a little digging, and we noticed that mr. ellison -- i don't wa

cnbc's chief technology reporter john fortt has all the details from the report. >> oracle out with those very disappointing reports. stock was down as much as 8% after hours. here are the gruesome details. misses on the tom top ask bottom lines. wall street was looking for revenue around $9.4 billion. oracle turned in just shy of $9 billion. nonbacked eps of 64 cents. oracle turned in 65. as the revenue pretty much fell across the board, new lifeless and cloud revenue was well light. nongap operating margins, just a little bit light, but still in this. and then the guidance, q4 is oracle's big quarter. this is where wall street was hoping for some blowout numbers, looking for around 11.5 billion in revenue, 88 cents of eps, oracle said, no, we're not going to do quite that well, in fact, guided to just a negative 1 to plus 4% growth in revenue for the quarter. wall street better than 5% growth. new revenue will fall a couple of percentage points short of what wall street wanted and hardware product revenue very much light. the cfo says the problem here is not product, it was sales force

. >>> coming up tomorrow, john fortt looks at the generational shift. why samsung might be replacing apple as the cool kid on the block. you know, i got an iphone -- it's not even a year yet. i thought i was cool. now i guess i'm not hip and cool. >> i'm hip and cool. this is a motorola. i'm 1 of 10% as our pie chart showed. i think there's a switch that people want bigger screens. this phone is quite thin. it's light. might not appeal to ladies who want to carry something small in their purse, but it has a bigger screen. i think that's a big selling point for a lot of these new-generation phones. watch apple. i bet they come out with a bigger screen. >> soon it's going to be the size of your ipad like dennis was saying. there's no hang-up about holding this big piece by your ear. >> isn't it interesting that the cool factor may have flowed away a little bit from apple, particularly among younger users. >> i want to be hip and cool. >> you are. you are. doan worry. >> that's "nightly business report" for tonight. thanks for watching, everyone. and remem

john fortt has more on that. >>> ibm is the dow standout in tech, up 75% since the last high. hp is the worst performing tech stock in the dow, down 61%. back in late 2007, hewle hewlett-packard was at the peak of what seemed like a textbook turn around. the stock traded north of 50 bucks. microsoft and intel still smirking at apple's modest sales of its recently launched iphone. cisco owned the internet. and ibm supposedly yesterday's news, about to lose its revenue crowned to hp. fast-forward to today and it looks like this. microsoft and intel trade where they did then, stifled by a shrinking pc market. cisco has risen, fallen and stabilized. ibm continued to ride high in enterprise tech, flexing its big data muscle. outside the dow, the story of the past 5 1/2 years is mobile and clout. a couple of the worst performing tech stocks in the s&p 500, amd electronic arts seen their core businesses challenged as people move away from traditional pcs and game consoles and toward smartphones and tablets instead. the positive side, companies like sales force, red hat, amazon and in