Warren Buffett, the “Oracle of Omaha,” retires on December 31 as chief executive officer of Berkshire Hathaway. He will continue as chairman. Greg Abel will formally take over as CEO on Thursday, ...
LONDON, Dec 11 (Reuters) - The cost of insuring Oracle debt against default surged on Thursday to its highest in at least five years, after the company's results missed forecasts, reigniting ...
RUNNING A GIANT software business used to be fun. Sure, coming up with a great product was a grind. But once you had one that customers could not live without—be it Microsoft Office, Amazon.com, ...
(Reuters) -Oracle bonds have taken a hit in recent days following a report that the cloud and artificial intelligence service provider plans to add another $38 billion to its heavy debt load to fund ...
Some software shows are all about the vendor, the technology and/or the evening parties. Oracle’s AI World event certainly had many of the usual conference components but this event differed in that ...
Oracle has announced a major expansion of its partnership with AMD, positioning itself to be the first hyperscaler to offer a publicly available AI supercluster powered by 50,000 AMD Instinct MI450 ...
In the late 1970s, a startup founded by Larry Ellison and two fellow computer programmers got a big break in the form of a CIA contract to build a database program code-named Oracle, which later ...
A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. The catalyst wasn’t a flashy product rollout or a surprise earnings beat — in ...
Larry Ellison, chairman of Oracle Corporation, center, speaks as President Donald Trump, left, and Masayoshi Son, SoftBank Group CEO, listen in the Roosevelt Room at the White House, Tuesday, Jan. 21, ...
Oracle's stock surged as much as 43% on Wednesday, hitting a record high. Investors responded positively to an aggressive forecast for Oracle's cloud-computing business. The company is showing Wall ...
RedStone, a DeFi oracle network, has acquired Credora, an on-chain credit rating platform backed by Coinbase Ventures, S&P, and Hashkey. The transaction is subject to customary approvals. Operating ...
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