On the morning of June 25, Oracle began telling roughly 500 of its Romanian employees that their jobs were gone, part of the company’s long-running global reorganisation toward cloud and artificial ...
This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. AI is dramatically accelerating cyber threats, with attack breakout times now averaging just ...
Oracle is spending big on artificial intelligence—to the tune of $70 billion this year alone—in order to build data centers and AI-capable servers. But that AI expansion hasn’t come without a human ...
Oracle CTO and Executive Chairman Larry Ellison. Source: The Globe and Mail Oracle cut about 21,000 jobs in fiscal 2026 as it restructures around AI and cloud infrastructure, raising questions for ...
The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange Commission filing on Monday. In its annual regulatory filing for the fiscal year ...
Oracle (ORCL) reduced its workforce by about 21,000 employees over the past year as part of a restructuring effort aimed at improving operational efficiency and integrating artificial intelligence ...
Shares of Oracle (ORCL) tumbled about 8% premarket on Thursday after the company forecast higher capital expenditure for fiscal 2027 than analysts' estimates and said it expects to raise about $40B in ...
CNBC's Seema Mody reports on Oracle as the tech giant reports after the bell on Wednesday. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC ...
Oracle PeopleSoft servers are being targeted in ongoing data theft attacks by the ShinyHunters extortion gang, which claims to have stolen data from over 100 organizations. PeopleSoft is an enterprise ...
Aaron McDade is a breaking news reporter for Investopedia. He is an experienced journalist who has covered everything from the latest in business and tech news to sports and international news like ...
Follow this author to personalize your feed and get instant alerts. WHY FOLLOW? Update your preferences in Account Settings Correspondent Oracle chairman and CTO Larry Ellison at the White House in ...
In short: Oracle closed a $16.3 billion financing for a single data centre campus in Saline Township, Michigan, the largest single-facility technology debt package ever assembled. PIMCO anchored ...
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