Oracle faces massive job cuts, potentially 20,000-30,000, to fund its costly $300 billion OpenAI partnership. The tech giant has already spent $58 billion on data centers and is struggling with rising ...

Majority US-owned venture includes Larry Ellison’s Oracle, private-equity group Silver Lake and Abu Dhabi’s MGX TikTok announced on Thursday it had closed a deal to establish a new US entity, allowing ...

The Chinese parent company of the popular video app said a group of non-Chinese investors would create an American TikTok to avoid a federal ban. Credit...Timo Lenzen Supported by By David McCabe and ...

Oracle lost a major financing partner for its Michigan data center, adding pressure to an already difficult week for the stock. The market is pricing Oracle bonds as riskier than its official credit ...

Oracle's debt is rising as cash flies out the door to fund AI data centers. The company already has a debt-heavy balance sheet, and it will need to borrow more to fund its AI infrastructure contracts.

Ellison, now the world's second-richest person after Elon Musk, in a 1997 conversation, revealed that his defining personality trait has been consistent since early childhood: an instinct to challenge ...

We recently published 10 Trending Stocks to Watch as Brad Gerstner Explains Tailwinds for AI Trade – ’10x Manhattan Project’. Oracle Corp (NYSE:ORCL) is one of the trending stocks to watch. Joseph ...

Artificial intelligence (AI) was predictably front and centre at Oracle’s revamped and rebranded customer event – which changed its name to AI World from Cloud World in a last-minute switch-up just a ...

Oracle has released an emergency update to address a critical security flaw in its E-Business Suite software that it said has been exploited in the recent wave of Cl0p data theft attacks. The ...

Taiwan’s first female aboriginal director Laha Mebow is presenting her upcoming feature “The Skull Oracle,” a dark intergenerational story about women of the Tayal indigenous people, at Busan’s Asian ...