Oracle is conducting a round of layoffs, two people familiar with the move told CNBC. The layoffs were in the thousands, the people said. The software maker has continued to increase spending on data ...

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 ...

It was not a phone call. It was not a meeting. For thousands of Oracle employees across the globe, Tuesday morning began with a single email landing in their inboxes just after 6 a.m. EST — and by the ...

Oracle Corp. is planning to ax thousands of jobs, among its moves to handle a cash crunch from a massive AI data center expansion effort. The job reductions will affect divisions across the company ...

EVERETT, Wash. — A pair of Funko shareholders filed a federal lawsuit Monday, accusing the company’s current and former leaders of mismanaging inventory, botching major infrastructure projects and ...

For Bata India, digital transformation has not been about replacing legacy systems overnight, but about methodically rebuilding the core to support scale, speed and intelligence in a volatile retail ...

Big Tech stocks tried to rally Monday after a week that saw more than $1 trillion wiped from their market caps. Oracle led the gains among the tech names. Market concerns came as companies announced ...

WASHINGTON, Jan 27 (Reuters) - Oracle (ORCL.N), opens new tab on Tuesday said issues faced by U.S. users of social media app TikTok are the result of a temporary weather-related power outage at an ...

Oracle’s $2.26 EPS beat relied on a $2.7B one-time gain. Core earnings missed at $1.33 versus $1.64 expected. CapEx guidance jumped $15B to $50B for fiscal 2026. Free cash flow burned $10B for the ...

WASHTENAW COUNTY, MI – OpenAI, the creator of ChatGPT, is opening a massive new data center in Michigan that state officials say will be one of the most advanced AI infrastructure facilities in the ...

Clay Magouyrk (L) and Mike Sicilia (R) will combine their strengths in cloud infrastructure and applications as Oracle’s new co-CEOs. Courtesy Oracle “A few years ago, Clay and Mike committed Oracle’s ...