Oracle’s $50-billion AI bet forces it to cut thousands of jobs

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 ...

Oracle plans thousands of job cuts as data center costs rise, Bloomberg News reports

Enterprise software company Oracle is planning thousands of job cuts as it faces a cash crunch from a massive ​AI data center ...
Datacenter Dynamics

Oracle Database@AWS adds new regions in Canada and Australia

The Oracle Database@AWS is now available in Amazon Web Services' (AWS) CA-Center-1 region in Canada, and AP-Southeast-2 in Sydney, Australia. Oracle Database@AWS enables customers to migrate Oracle ...
Indiatimes

Oracle may lay off up to 30,000 employees, and one of the Big reasons is the company's 'commitment' to Sam Altman's OpenAI for…

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 ...
theregister

Oracle's first general on-prem release of its .ai database iteration draws skeptics

Last week, Oracle announced the general availability of Oracle AI Database 26ai Enterprise Edition for Linux x86‑64, but 13-year support for 19c and the prospect of AI lock-in might make users think ...
Washington Examiner

Sherrill to create statewide ICE video reporting database

Gov. Mikie Sherrill (D-NJ) vowed her administration will create a database for New Jerseyans to upload videos of federal immigration officers conducting enforcement activities. “We are putting out ...
Forbes

How Oracle AI Database 26ai Addresses The Enterprise AI Data Paradox

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Every enterprise IT executive faces the same AI paradox: their most valuable data sits ...
The Guardian

TikTok announces it has finalized deal to establish US entity, sidestepping ban

Majority US-owned venture includes Larry Ellison’s Oracle, private-equity group Silver Lake and Abu Dhabi’s MGX TikTok announced on Thursday it had closed a deal to establish a new US entity, allowing ...
Bleeping Computer

BreachForums hacking forum database leaked, exposing 324,000 accounts

Update: New information added to the end of the story. The latest incarnation of the notorious BreachForums hacking forum has suffered a data breach, with its user database table leaked online.
Yahoo Finance

Jim Cramer on Oracle: “I’m Not Really Sure About Their Business Model”

Oracle Corporation (NYSE:ORCL) is one of the stocks Jim Cramer shared his takes on. A caller asked what was wrong with the company, and Cramer explained: “Okay, well, this is actually involved with ...
MarketWatch

Oracle’s stock is rising. Why TikTok’s U.S. deal could be good news for the tech company.

TikTok’s top executive announced to employees that ByteDance, the social-media juggernaut’s parent company, has signed deals to create a U.S. joint venture majority-owned by U.S. companies, Bloomberg ...