Meta plans to layoff 8,000 employees as AI spending surges, reflecting a wider tech industry shift toward infrastructure over ...

Allbirds, once known for wool trainers worn in Silicon Valley offices, now wants to rent out graphics processing units ...

After selling its business for $39 million last month, the company said it planned to buy powerful computer chips and rebrand ...

Oracle committed to a Capex plan so aggressive that trailing FCF went negative to $24.7B on a TTM basis as of Q3 FY26. See ...

Oracle layoffs may have intentionally targeted seasoned veterans who were on the verge of significant financial payouts.

By claiming a victory over the buyouts, the Teamsters apparatus is signaling to UPS that, as long as the bureaucracy is ...

Strikes on U.S. data centers highlight the risks of concentration and the growing role of geopolitics in cloud competition.

The appeal, due to be heard on April 28 and 29, follows a ruling by the UK Competition Appeal Tribunal (CAT) in November that ...

Maxson says she aims for investment discipline Oracle faces investor concerns over growing spending Oracle shares have dropped about 25% this year April 6 (Reuters) - Oracle (ORCL.N), opens new tab on ...

Oracle fired up to 30,000 employees globally on 31 March, including an estimated 12,000 in India, in what analysts believe is the largest workforce reduction in the company's nearly 50-year history.