Oracle faces massive job cuts, potentially 20,000-30,000, to fund its costly $300 billion OpenAI partnership. The tech giant has already spent $58 billion on data centers and is struggling with rising ...
Feb 1 (Reuters) - Oracle (ORCL.N), opens new tab expects to raise $45 billion to $50 billion in 2026 to build additional ‌capacity for its cloud infrastructure, the software company said on Sunday.
(Bloomberg) --Oracle Corp. plans to raise $45 billion to $50 billion this year through a combination of debt and equity sales to build additional cloud infrastructure capacity, reflecting the scale of ...
Feb 2 (Reuters) - Oracle (ORCL.N), opens new tab shares gained 2% on Monday after Wall Street analysts said the software company's $50 billion fundraising plan allays worries over its ability to ...
NEW YORK, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP announces that a shareholder has filed a securities class action lawsuit on behalf of investors (the “Class”) who purchased or ...
A loophole in Formula 1’s new technical regulations offers a way around the 16:1 compression ratio cap, introducing controversy before the season even starts. Technical manoeuvring to push regulatory ...
AI analyst and YouTuber Mark Savant says early signals are pointing to something huge at Oracle: a potential workforce cut of up to 30,000 employees, which he frames as nearly 20% of the company’s ...
Simply sign up to the US companies myFT Digest -- delivered directly to your inbox. Internet companies are in denial about getting fat. The advertising silos and data miners of 10 years ago are now ...
It's probably one of the very first personal finance tips your parents ever told you: always carry cash. While we may mistake this age-old advice as more of a generational preference, there is some ...