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Some of the cuts will be aimed at job categories that the company expects it will need less of due to AI, two of the people ...

Enterprise software company Oracle is planning thousands of job cuts as it faces a cash crunch from a massive ​AI data center expansion effort, Bloomberg News reported on Thursday.

The market continues to stress the company's exposure to OpenAI, not least as Oracle's debt continues to balloon while its ...

Oracle Corp. has begun laying the groundwork needed to start construction on its new headquarters in Nashville.

According to recent reports, on Feb. 9, Uber announced a strategic agreement to acquire Getir's delivery portfolio in Türkiye, which includes food, grocery, retail, and water delivery services. On the ...

Oracle is considering cutting 20,000 to 30,000 jobs and selling some of its activities as US banks pull back from financing the company’s AI data-center expansion, according to investment bank TD ...

A heavy slide in financial stocks pushed the Dow lower on Friday, cementing a second consecutive weekly decline for the blue-chip index. The Dow Jones Industrial Average fell 0.6%, or 274 points, on ...

Oracle Cloud Infrastructure (OCI) has signed an expanded cloud agreement with the UK's Ministry of Defense (MoD). The contract aims to help the MoD migrate legacy technology systems to OCI at a more ...

Tech giant Oracle has reverted to a dual-CEO system that defies conventional wisdom, but it has broken tradition before in its evolution from databases to software, cloud-computing and AI ...

Oracle Corp. is in the midst of a pivotal year as it transforms itself further into a cloud-computing powerhouse that can compete with the longtime titans of that market. The company’s cloud momentum ...

Oracle ORCL2.34%increase; green up pointing triangle has appointed a pair of chief executives to take over the C-suite as longtime chief Safra Catz transitions to a new role as executive vice chair.