AUSTIN, Texas, Feb. 2, 2026 /PRNewswire/ -- Oracle has been named a Leader in the 2026 Gartner ® Magic Quadrant ™ for Source-to-Pay Suites for Oracle Fusion Cloud Procurement. Oracle was recognized ...
Oracle Layoffs: Tech major Oracle is planning to slash up to 30,000 jobs to fund AI data centres, a new report has said. According to a report by CIO citing research published this week by investment ...
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 ...
Oracle has said it plans to raise between $45-50 billion in debt and equity in 2026 to help fund the expansion of its cloud computing business. As reported by The Information, Oracle will use the ...
Oracle is defending its substantial AI partnership with OpenAI amidst reports of potential job cuts to fund infrastructure. Despite a stalled Nvidia deal, Oracle remains confident in OpenAI's funding ...
Oracle Corp. plans to raise US$45 billion to US$50 billion this year through a combination of debt and equity sales to build additional cloud infrastructure capacity, reflecting the scale of financing ...
The company said on Sunday it expects to raise US$45–50 billion in 2026 through a mix of share sales and debt. (EPA Images pic) Oracle shares gained 2.5% on Monday after Wall Street analysts said the ...
The push to the cloud will improve performance and security in addition to allowing for new features, said Larry Ellison, Oracle chairman and CTO, during the earnings call. Although the business is ...
Feb 2 (Reuters) - Oracle shares gained 2% on Monday after Wall Street analysts said the software company's $50 billion fundraising plan allays worries over its ability to finance a massive data-center ...
Colin is an Associate Editor focused on tech and financial news. He has more than three years of experience editing, proofreading, and fact-checking content on current financial events and politics.
Simply sign up to the Capital markets myFT Digest -- delivered directly to your inbox. Investors piled into Oracle’s latest $25bn bond offering on Monday after the software company pledged to preserve ...
Samsung is planning to follow Apple in adding a variable aperture to its smartphone cameras, Korea's ET News reports. A variable aperture allows the camera to adjust the amount of light that reaches ...
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