Oracle plans thousands of layoffs as it ramps AI data center spending and targets $45–$50B for cloud capacity.

TikTok users in the US may experience lag while trying to post content until the outage is resolved. The US version of TikTok ...

Red Bull Racing has moved decisively to reinforce the pillars of its success in the sport by extending its title partnership ...

Oppenheimer believes that a sharp recent pullback in Oracle has created an attractive risk-reward balance for investors. The financial institution upgraded the tech old guard to an outperform rating ...

Oracle Corp. has begun laying the groundwork needed to start construction on its new headquarters in Nashville.

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 ...

Oracle's 5-year credit default swaps are tumbling after the company announced a $50 billion debt and equity financing plan.

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 is considering cutting 20,000 to 30,000 jobs and selling some of its activities as US banks pull back from financing the company’s AI data-center expansion, according to investment bank TD ...

Over the past decade, Oracle stock (NYSE: ORCL) has emerged as a premier capital-return engine, distributing a remarkable $158 billion to shareholders—the 9th highest total in corporate history. This ...