Oracle shares traded slightly lower on Wednesday after news that the company was laying off thousands of workers. The software giant recently said it is raising $50 billion for its data center ...
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 ...
Oracle's long-term debt increased roughly 66% since the start of 2025. The company is leaning into artificial intelligence, and so far, that bet is paying off. Artificial intelligence (AI) is the ...
From Oracle to Meta, Big Tech is reshaping its C-suite around AI infrastructure, even as thousands of workers face layoffs.
Oracle is revamping its cloud-based software suite used by large companies ‌to work with artificial intelligence agents as "agentic apps," with a goal of having humans ask the system for business ...
The 6 am layoff emails from Oracle left thousands of employees off guard on March 31, with several turning to social media to vent their anxiety and emotional distress. Amid this, a former employee ...
Railway Minister Ashwini Vaishnaw has shared visuals of the upcoming bullet train station in Surat, showcasing a state-of-the-art transport hub inspired by the city’s diamond industry. The station, ...
[HONG KONG] Citigroup’s Jan Metzger, co-head of investment banking for Asia, is leaving to take up a senior role at Standard Chartered (StanChart). Metzger will become global head, coverage banking at ...