The $400 billion enterprise software and cloud infrastructure giant Oracle is in the hot seat with a fiscal third quarter earnings drop on Tuesday amid a spotlight on its heavy borrowing and negative ...

Oracle is reportedly planning thousands of layoffs as it pours billions into AI data centers, raising investor concerns over ...

Some of the cuts will be aimed at job categories that the company expects it will need less of due to AI, two of the people ...

A large majority of technology professionals in Southeast Asia are moving their companies away from Oracle’s Java software, driven by rising licensing costs and the need to free up budget for ...

Oracle cofounder Larry Ellison has seen an unrivaled $49 billion wiped off his net worth this year. His fortune shrank by about $9 billion to below $200 billion on Wednesday as Oracle stock slid 5%.

Oracle (ORCL) on Sunday said it expects to raise $45B to $50B in 2026 to build additional capacity for its cloud infrastructure business. Shares in the software company rebounded to gain 4% after ...

Feb 1 (Reuters) - Oracle (ORCL.N), opens new tab expects to raise $45 billion to $50 billion in 2026 to build additional ‌capacity for its cloud infrastructure, the software company said on Sunday.

TikTok is now majority-owned by a group of U.S.-backed investors, including Oracle, Silver Lake, and MGX. The app's former owner, Chinese company ByteDance, retains a ...

However, Larry Ellison does not actually “control” the TikTok U.S. joint venture or its content-recommendation algorithm. Oracle is one of several investors in the JV and holds a 15% stake. In ...

A major Trump billionaire ally is now the partial owner of the social media platform TikTok. A group of investors including Larry Ellison’s company Oracle agreed to a $14 billion deal to give them ...

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Co-founder and executive chair Larry Ellison owns more than 40% of Oracle stock, making him by far the largest dividend recipient. At current payout levels, that translates into billions in annual ...