Java is Oracle stack, C# is MS stack, objective-C is Apple stack. Is there an opportunity for an open language with similar VM ease-of-use/performance tradeoffs - or is hardware now fast enough for the ease/speed of dynamic languages to fill that gap (Python, Ruby, Javascript, ...)?
Java isn't just Oracle stack. It's also SAP, IBM, Red Hat(JBoss), VMWare(SpringSource) & Google stack. The only thing you need from Oracle nowdays is JDK, and with OpenJDK becoming a standard - you need nothing.
It's not the JDK that you need from Oracle for Java to be a standard, but rather the JCK.
This issue is a couple of years old and hasn't been solved: http://www.apache.org/jcp/sunopenletter.html
Unless by "standard" you mean what everybody uses.