Oracle beats on earnings and revenue, adds $20 billion to planned capital raise

Oracle reported better-than-expected earnings and revenue for its fiscal fourth quarter.

Oracle warns customers of critical PeopleSoft attack after hundreds of servers hacked by apparent ShinyHunters data theft attacks

High-severity CVSS 9.8 PeopleSoft vulnerability caused over 100 organizations to become victims, including universities.
Government Technology

Cyber Attack on Oracle Exposes Data of Higher-Ed Clients

Oracle is the latest major technology vendor to be attacked by the cyber criminal group ShinyHunters, which recently ...

Oracle: Discounted AI Story With Outsized Monetization Prospects - Reiterate Buy

Oracle delivers stable operating margins while raising the 2027 adjusted EPS guidance, accelerating cloud infrastructure ...

Oracle Just Revealed a Massive $638 Billion Backlog. Here's Why the Stock Fell Anyway.

The cloud giant's record quarter came with a reminder of just how expensive its artificial intelligence build-out has become.

Oracle PeopleSoft servers hacked in ShinyHunters data theft attacks

Oracle PeopleSoft servers are being targeted in ongoing data theft attacks by the ShinyHunters extortion gang, which claims to have stolen data from over 100 organizations.
adexchanger

Inside The Fall Of Oracle’s Advertising Business

It is an ignominious end for Oracle Advertising, a part of the Oracle Data Cloud (ODC) that, at one point, consisted of top players in the category, including Datalogix for offline consumer data, ...

Oracle shares slide as hefty AI spending, debt plans spook investors

By Kanishka Ajmera and Jaspreet Singh June 11 (Reuters) - Oracle shares tumbled 12% on Thursday as surging spending and a ...