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 ...

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 ...

Oracle's shares plunged over 11% after missing revenue targets, reigniting investor worries about its massive cloud expansion and the OpenAI deal. Despite solid earnings, the company has lost over ...

At Oracle AI World, Larry Ellison delivered a keynote blending grand AI vision with Oracle's practical enterprise solution: using RAG and vectorization to let companies safely apply AI models to their ...

OpenAI signed a contract with Oracle ORCL-2.29%decrease; red down pointing triangle to purchase $300 billion in computing power over roughly five years, people familiar with the matter said, a massive ...

Oracle has initiated a new wave of global layoffs, impacting thousands of employees across the US, India, Philippines, Canada, and Europe. The cuts extend beyond Oracle Cloud Infrastructure to include ...

Cisco Systems and Oracle America will eliminate a combined 300-plus jobs in the Bay Area, the tech companies disclosed in WARN notices sent to the state’s labor agency. Oracle America campus on Oracle ...

A payout from a tech giant may be in your future, if you are game enough to file a claim by next month. Oracle America agreed to settle a class-action lawsuit in May for $115 million over allegations ...

Tech behemoth Oracle has agreed to settle a class action lawsuit for $115 million over allegations that it tracked consumer activity both on and offline. The suit alleges Oracle captured, compiled, ...

(NEXSTAR) – Oracle has agreed to pay out $115 million to settle claims it tracked people’s online and offline activity, then violated privacy by selling the information to third parties. Oracle is one ...

One of the biggest tech giants in the world might owe you money. Oracle America, Inc. has agreed to settle a class action lawsuit that alleged the company tracked people’s online and offline ...

Oracle is planning to build a gigawatt-scale data center powered by three small nuclear reactors (SMRs), according to founder Larry Ellison. CTO and chairman Ellison told investors during an earnings ...