Your 401(K) Is Funding AI's Data Center Buildout

AI infrastructure debt is quietly hitting retail funds as hyperscalers push off‑balance‑sheet financing. Click here to read ...

Oracle gave its new CFO $26M in stock after firing up to 30,000 workers. Employee says an 'algorithm' may have targeted those with stock options first

The cuts came as Oracle posted a 95% profit jump and filed 3,100 H-1B visa petitions.
Computer Weekly

IAM tools help Oracle Red Bull Racing keep pace with strict F1 regulations

Oracle Red Bull Racing massively improved the efficiency of its aerodynamics testing procedures after implementing new ...
Al Jazeera English

Ugandan and Congolese forces rescue 200 people from ISIL-linked ADF

Ugandan and Congolese forces have reported the rescue of at least 200 civilians from captivity by an ISIL (ISIS)-linked rebel group in the eastern Democratic Republic of the Congo (DRC). The captives ...
BBC

More than 200 rescued from IS-linked group in DR Congo

Ugandan soldiers have been targeting the Allied Democratic Forces in the Democratic Republic of Congo since 2021 More than 200 civilians held captive in the east of the Democratic Republic of Congo by ...
CNN

Islamic State-linked rebels kill at least 43 in attack in eastern Congo

Rebels affiliated with the Islamic State group killed at least 43 people in eastern Congo, officials said Thursday. Fighters with the Allied Democratic Forces, or ADF, killed the civilians Wednesday ...
Los Angeles Times

Oracle lays off thousands in latest sign of tough times for tech industry

This is read by an automated voice. Please report any issues or inconsistencies here. Software giant Oracle on Tuesday started laying off workers as it looks to rein in costs and double down on ...
USA Today

Oracle reportedly undergoing round of layoffs amid push toward AI

Oracle has cut an unspecified number of jobs as the software giant looks to reduce costs and continue growing its artificial intelligence business, according to former employees and multiple reports.
New York Post

Bloodbath at Oracle as staff stunned by brutal 6 a.m. layoffs email

Major Bay Area tech company Oracle announced mass layoffs Tuesday, notifying fired employees in an email at 6 a.m.. The message from one of the world’s largest software companies, chaired by ...
Reuters

Oracle begins layoffs affecting thousands, CNBC reports

March 31 (Reuters) - Cloud computing firm Oracle (ORCL.N), opens new tab is laying off thousands of employees, CNBC reported on Tuesday, citing two people familiar with the matter. Late on Tuesday, ...
Business Insider

Read the email Oracle is sending to laid-off employees

Oracle began layoffs on Tuesday, affecting workers across various regions. Affected Oracle employees received layoff notifications that signaled immediate job termination. Laid-off Oracle staff were ...
The Next Web

Oracle is cutting up to 30,000 employees to pay for AI data centres

Employees across the US, India, Canada, and Mexico woke up on 31 March to termination emails from “Oracle Leadership” with no prior warning. TD Cowen estimates the cuts will affect 18% of Oracle’s 162 ...