The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange ...
Shares of Oracle (ORCL) slumped about 12% on Thursday, the most since December 2025, after fiscal fourth-quarter results, as analysts highlighted investor concerns over gross margin pressure and ...
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Oracle Corp (NYSE:ORCL, XETRA:ORC) reported better-than-expected fourth-quarter results on Wednesday, driven by surging demand for artificial intelligence infrastructure. However, its plans to raise ...
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Sen. Ed Markey is pressing TikTok’s new U.S. joint venture and Oracle to explain how they are protecting user data and limiting ByteDance’s influence. Reading time 2 minutes It has been roughly four ...
I lead a large portfolio of online graduate programs, so I read Claire Bond Potter’s call to “Kill Canvas. Now.” (The Chronicle Review, May 13) as someone responsible for students whose education ...
As was widely reported, Oracle axed an estimated 20,000 to 30,000 people via email on March 31. One of the employees cut that day told TechCrunch about the experience: “I had, like, this weird feeling ...
Oracle is ditching a contentious plan to construct a natural gas plant to power one of its newest data centers. Instead, Oracle said last week that it will partner with fuel-cell maker Bloom Energy to ...
It was an agent of chaos. An AI system’s attempt to handle a routine task backfired terribly after it inadvertently deleted the company’s entire database in just seconds. The epic blunder came to ...
In April 2009, Larry Ellison said, as reported in The New York Times and The Guardian, that Java—then a freeware programming language—was “the single most important software asset we have ever ...
Oracle on Monday announced it hired a new chief financial officer after the software giant moved forward with layoffs last week. The company announced that Hilary Maxson will serve as the new CFO, ...
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