Oracle Corporation is re-rated as a Strong Buy after a 30% price correction, with a $330 price target for 12 months. ORCL's Q4 showed 21% revenue growth and 47% cloud revenue growth, but heavy AI ...
The notorious cybercrime group ShinyHunters claimed to have hacked Oracle PeopleSoft servers at more than 100 organizations, many of them universities, a ShinyHunters member told TechCrunch on ...
The WSJ report cited people familiar with the matter to claim that lenders spent months trying to spread the risk of billions of dollars in loans tied to Oracle-backed data centre projects.
Oracle is joining a growing wave of tech companies cutting jobs as they pour billions into artificial intelligence. This morning, the company began implementing sweeping layoffs across multiple ...
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 has announced the general availability of Oracle SQL Developer Release 1.2 that features new capabilities to ease the migration and consolidation of third-party databases onto Oracle Database ...
NASHVILLE, Tenn. (WTVF) — Oracle's massive Nashville campus on the East Bank is finally approaching the construction phase, four years after the tech giant first announced plans to build in Music City ...
A series of big events today, on what had been expected to be fairly mild in actionablemarket news actually kicked off late yesterday with news that Amsterdam-based GPU creator Nebius NBIS is engaging ...
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 ...
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, ...