Oracle Corp. shares fell almost 7 per cent on Tuesday following a report that the profit margin in its cloud computing segment is lower than what many on Wall Street had estimated. During the three ...
Oracle's stock price tanked after a new report on its profit margins, and there are serious possible implications for AI. Crypto's market cap also declined afterward, but it's hard to predict the full ...
Oracle has advised customers that hackers may be exploiting vulnerabilities in unpatched instances of its E-Business Suite (EBS). This follows a warning by the Google Threat Intelligence Group (GTIG) ...
Update: President Donald Trump has approved the below TikTok deal via executive order, with Vice President JD Vance putting a $14 billion valuation on the app. Chinese President Xi Jinping has also ...
The cuts will likely hit new apps and functionality the hardest, but analysts are divided on how legacy applications will fare. Oracle’s announced $1.6 billion restructuring plan is barely underway, ...
OpenAI announced on Tuesday that it plans to build five new AI data centers across the United States with partners Oracle and SoftBank through its Stargate project. The new data centers will bring ...
Oracle on Monday named insiders Clay Magouyrk and Mike Sicilia as co-CEOs, replacing Safra Catz, who was instrumental in shaping the company’s cloud strategy and thrusting it to the forefront of the ...
The White House has answered what had been one of the major outstanding questions regarding its pending deal to transfer TikTok’s US operations to a majority American ownership group: Under the ...
A high-powered group of majority American-based investors may be set to take ownership of TikTok's U.S. operations after a convoluted yearslong bid to keep the social media app available in the United ...
Oracle has signed what may be the largest-ever cloud contract with OpenAI. How could that shake up the cloud and genAI landscape? A single $300 billion contract has seemingly transformed Oracle from a ...
Oracle's stock surge has pushed co-founder Larry Ellison's net worth higher by tens of billions of dollars the last two days and puts him ahead of Tesla CEO Elon Musk as the richest person in the ...
Oracle cofounder Larry Ellison has wrested the title of the world’s richest person from longtime holder Elon Musk. On Wednesday, as stock in Ellison’s software giant rocketed more than a third in a ...
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