Oracle chairman and CTO Larry Ellison at the White House in 2025. Correspondent On March 31, a longtime Oracle employee named Jill drove to the hospital for a very overdue back surgery when she ...

Oracle did not build the data centre in Abilene, Texas. It leased it from Crusoe—a relatively inexperienced operator—on a 15-year contract worth more than a billion dollars a year. This is not an ...

Oracle announced global layoffs affecting 20,000 to 30,000 employees across multiple regions Long-serving senior employees, including a 33-year veteran, were among those impacted by cuts Layoffs ...

What happens at OpenAI reads across to Oracle due to the two companies $300 billion deal, in which Oracle will build out AI infrastructure to service demand from OpenAI. Given Oracle's massive ...

Oracle Corporation remains a Buy as surging cloud AI infrastructure demand drives a record $553B backlog and robust revenue growth. ORCL's cloud revenue now exceeds 52% of total revenue, with cloud ...

When Oracle began trimming its workforce earlier this year, the immediate impact was visible in job losses across regions and roles. But in the weeks since, a quieter shift has taken hold inside the ...

Oracle (ORCL) merits a buy rating at $171.83 with record $553 billion remaining performance obligations signaling strong future revenue. Oracle’s 531% multicloud database growth and $553 billion ...

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Oracle (ORCL) rallied 24% in the past month to $182.96 on the back of $553 billion in remaining performance obligations (contracted revenue), Q3 revenue of $17.19 billion with 20%+ organic growth, ...

OpenAI falls short of revenue and user targets, report says Oracle's 5-year credit default swaps at two-week highs Japanese tech investor Softbank drops 10% in Tokyo April 28 (Reuters) - Shares of ...

In short: Oracle closed a $16.3 billion financing for a single data centre campus in Saline Township, Michigan, the largest single-facility technology debt package ever assembled. PIMCO anchored ...

Oracle has told the Government that it plans to axe some 150 Irish jobs, about 15 per cent of its workforce in the Republic, part of a global programme of cuts reported upon in March as the software ...