Company chaired by Trump ally Larry Ellison seeks to reassure investors that bet on AI infrastructure will pay off Oracle is cutting thousands of jobs as the US technology company seeks to reassure ...

Oracle on Tuesday reportedly began notifying employees that it is moving forward with a round of layoffs as the company looks to reduce costs. The number of layoffs is in the thousands, according to a ...

Oracle laid off some employees on Tuesday, according to two employees and LinkedIn posts. The cuts come as Oracle is trying to cut costs. The company's stock has dropped nearly 30% this year as AI ...

Oracle is adding a higher level of artificial intelligence (AI) autonomy to its Fusion cloud applications suite. At its AI World Tour London event today, the supplier is unveiling a capacity for the ...

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Demand for cloud infrastructure is driving the highest growth in Oracle's revenue and adjusted earnings in 15 years. Oracle says new AI customers are adding additional services, creating a "halo ...

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Shares of Oracle (ORCL) jumped about 10% premarket on Wednesday after fiscal third-quarter results and outlook beat estimates and drew positive reactions from analysts. J.P. Morgan upgraded Oracle's ...

Enterprise software giant Oracle is reportedly planning to ax thousands of jobs due to mounting financial pressure from its aggressive push to build AI-focused data centers. The tech powerhouse may ...

Oracle is reportedly planning significant job cuts, potentially thousands, to manage a growing cash crunch fueled by its massive AI data center expansion. This restructuring, costing over $1.6 billion ...

Oracle's Ashburn data center went down, taking TikTok with it US users were experiencing issues posting content on the app This is Oracle's second TikTok blunder since it took partial ownership After ...

Some TikTok users in the U.S. are having trouble using the app, which the company attributes to an issue with an Oracle data center. “Creators may temporarily experience lags in posting content while ...