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 ...
NEW YORK, Feb 2 (Reuters Breakingviews) - The cloud computing provider's $50 bln equity-heavy funding plan eases fears of debt overload. It’s costly to issue shares trading at a discount to post-capex ...
TikTok on Thursday signed a deal to spin off its U.S. business, bringing to a close a months-long saga to keep the popular social media app available in the U.S. Nearly 50 percent of the assets — or ...
TikTok’s long-delayed plan to separate from Chinese parent ByteDance Ltd. was put in motion Thursday when the video sharing sensation said it’s being bought by a group of buyers led by Oracle Corp.
SALINE, MI — More than 100 Saline area residents braved the cold Monday evening Dec. 1 to protest a $7 billion hyperscale data center project in Saline Township and DTE Energy’s plan to power the ...
A critical flaw in Oracle's Identity Manager has been exploited in the wild, marking the latest threat for customers of the enterprise software giant. CVE-2025-61757 is a remote code execution (RCE) ...
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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 ...
Analysts have optimistic price targets on Oracle stock. The company expects AI infrastructure deals to lead to an explosion in cloud computing revenue. A megadeal with OpenAI carries some risk.
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min OpenAI, Oracle and Vantage Data ...
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 ...
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