Mint

Oracle layoffs: Which departments will get affected? Here's what we know

Tech major Oracle is reportedly planning to cut as many as 20,000 to 30,000 jobs globally, as the company looks to redirect resources towards building Artificial Intelligence data centres, a report by ...
Mint

Oracle Layoffs: Tech giant to slash 30,000 jobs as banks pull out from financing AI data centres

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 ...
Hosted on MSN

The ultimate Novo Business Bank tutorial

Learn everything you need to know about Novo Business Bank! This tutorial covers online banking, account management, payments, funding, and more. Perfect for small business owners! Border Patrol ...
Seeking Alpha

Oracle's stake in TikTok US helps foray into consumer business: SA analyst

Oracle's (ORCL) part ownership of the TikTok (TIKTOK) U.S. joint venture would help the company diversify and give it its very first "foray into a consumer business," according to Seeking Alpha ...
Wall Street Journal

Oracle Hack Still Generating Ransom Demands

A growing number of companies are facing ransom demands from hackers who stole sensitive data through security flaws in widely-used Oracle business software nearly six months ago. The breach, which ...
Insider Monkey

Jim Cramer on Oracle: “I’m Not Really Sure About Their Business Model”

Oracle Corporation (NYSE:ORCL) is one of the stocks Jim Cramer shared his takes on. A caller asked what was wrong with the company, and Cramer explained: “Okay, well, this is actually involved with ...
Austin American-Statesman

Oracle facing possible class action over data breaches impacting millions

Oracle Corp., the Austin-based tech giant, is facing a potential class-action lawsuit over multiple data breaches this year impacting millions of people. A federal judge in Austin is currently ...
Business Insider

Oracle's AI data-center woes are dragging the entire stock market lower

The tech sector sold off as investors took in a report that Oracle's $10B data center for OpenAI is in jeopardy. Sources told the FT that talks to build the data center have stalled due to concerns ...
New York Post

Oracle stock plunges 12% on AI jitters — shrinking Larry Ellison’s net worth by $34B

Oracle’s stock fell more than 12% on Thursday on growing fears about the software giant’s massive AI spending — shaving more than $30 billion off co-founder Larry Ellison’s fortune. The Texas-based ...
Business Insider

Oracle just revived fears that tech giants are spending too much on AI

Oracle stock plunged 14% on Thursday, weighing on the broader AI trade. The tech leader posted lower-than-expected quarterly revenue, raising concerns of AI overspending. It's the latest red flag for ...
The Economist

Oracle and the hard truths about software

RUNNING A GIANT software business used to be fun. Sure, coming up with a great product was a grind. But once you had one that customers could not live without—be it Microsoft Office, Amazon.com, ...
The Daily Pennsylvanian

Penn investigating business software data breach affecting personal records

Penn is investigating a cybersecurity breach of its Oracle E-Business Suite servers that compromised the personal information of University-affiliated individuals across multiple states. The breach — ...