According to a report by CIO, citing investment bank TD Cowen, Oracle is considering cutting between 20,000 and 30,000 jobs and may also look at selling parts of its business, including Cerner, the ...

Oracle OPERA Cloud hospitality platform to enhance efficiency and guest experiences for IHG properties across the America, and EMEAA (Europe, Middle East, Africa, and Asia) regions AUSTIN, Texas, Jan.

AUSTIN, Texas - IHG Hotels & Resorts has approved Oracle OPERA Cloud as a cloud-based property management system (PMS) for its properties across the Americas, Europe, Middle East, Africa, and Asia ...

Investing.com -- Oracle (NYSE:ORCL) stock fell 5% Wednesday as part of a broader technology sector decline, with the Nasdaq 100 down 1.7% midday. The drop comes as the software giant faces a new legal ...

Oracle’s ORCL relationship with OpenAI has become a never-ending source of market angst, as the tie-in reminds many of questionable vendor-financing practices from the late 1990s. Tied to Oracle’s ...

Blue Owl Capital‘s (NYSE: OWL) decision to step away from financing an Oracle-backed (NYSE: ORCL) AI data center has become a fresh flashpoint for investors already on edge about the financial ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Oracle’s largest data centre partner Blue Owl Capital will not back a $10bn deal for its next facility, as the ...

In a recent podcast interview, Chanos argued that data center operators, specifically Oracle Corp. (NYSE: ORCL) and “neocloud” provider CoreWeave Inc. (NASDAQ: CRWV), are overstating their future ...

Simply sign up to the US equities myFT Digest -- delivered directly to your inbox. Wall Street’s S&P 500 set a record closing high on Thursday as gains in consumer-focused and financial companies ...

The cloud computing giant missed revenue expectations, as well as announcing an increase in its planned spending on AI data centres. Global markets failed to retain the momentum sparked by an interest ...