Oracle named insiders Clay Magouyrk and Mike Sicilia as co-CEOs on Monday, replacing Safra Catz, who was at the helm of the cloud services provider for 11 years.
AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — Oracle Corp. (ORCL) on Tuesday reported fiscal first-quarter net income of $2.93 billion. The Austin, Texas-based company said it had net income of $1.01 per ...
A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. The catalyst wasn’t a flashy product rollout or a surprise earnings beat — in ...
KANSAS CITY, Mo. (KCTV) - Oracle notified hundreds of employees of layoffs over the past month. Those layoffs are now hitting Kansas City according to several people KCTV5 spoke with Thursday. The ...
Oracle reported results that fell short of Wall Street's expectations. However, the company's backlog exploded higher, sending the stock into orbit. Oracle stock has seen a commensurate increase in ...
OpenAI today confirmed that it has signed an agreement to purchase computing infrastructure worth $300 billion from Oracle Corp. over a period of roughly five years, as part of its previously ...
In a move that’s become all too familiar in the modern tech industry, Oracle has reportedly laid off thousands of employees worldwide. While the company has yet to officially confirm the total number, ...
The funding covers more than half of the A.I. data centers that OpenAI plans to build in the U.S. over the next several years. By Cade Metz Reporting from San Francisco OpenAI has signed a deal with ...
From unpatched cars to hijacked clouds, this week's Threatsday headlines remind us of one thing — no corner of technology is safe. Attackers are scanning firewalls for critical flaws, bending ...
Jon Smith points out the surge in value in Oracle stock after the business reported stunning results with a very optimistic outlook. When investing, your capital is at risk. The value of your ...
Elon Musk has been booted from his spot as the world's richest person, according to Bloomberg's latest ranking. That title now belongs to Oracle cofounder Larry Ellison, who moves into the spot after ...
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