WASHINGTON, DC (IANS) – Cloud major Oracle will pay the US Securities and Exchange Commission (SEC) more than $23 million to settle charges against the company for bribing officials in India, Turkey, ...
Oracle's financial position and doubts about its largest AI client have weighed on the stock.
The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange ...
Oracle shed 13% of its workforce while spending $55.7 billion on data centres. Its SEC filing explicitly cites AI adoption as the cause of job losses.
Oracle topped quarterly expectations, but free cash flow is negative, and the company plans to raise more capital for data center projects.
Other takeaways from the filing, the company's guidance and a prospectus on its capital needs suggest that Oracle's capex ...
Nissan has disclosed a data breach stemming from the recent zero-day campaign targeting Oracle PeopleSoft customers.
Oracle (NYSE:ORCL | ORCL Price Prediction) has been one of the most punished mega-cap AI stories of 2026, sliding from a $303 ...
Instead, investors seem focused on the bill. Oracle's capital expenditures hit $55.7 billion in fiscal 2026 -- above the $50 billion management forecast in March -- and free cash flow came in at ...
Players should also expect a period of server maintenance before the new season begins. If it happens, you can keep track of the latest updates through the @RL_Status account on X. The update size is ...
The bitter dispute centres around a $38m contract to build 85 apartments and nine terrace homes on High St, Glen Iris, where the cost to finish the building’s exterior allegedly went from an estimated ...