Oracle bought 15% of TikTok's U.S. operations in January after China's ByteDance was forced by U.S. law to divest.
Discover how Oracle's earnings report could influence its full-year 2026 guidance and long-term growth strategy. Read more here.
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 ...
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 ...
Oracle's 5-year credit default swaps are tumbling after the company announced a $50 billion debt and equity financing plan.
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 ...
The Chinese parent company of the popular video app said a group of non-Chinese investors would create an American TikTok to avoid a federal ban. Credit...Timo Lenzen Supported by By David McCabe and ...
Paramount Skydance has amended its offer to purchase Warner Bros. Discovery, backed by a personal guarantee from the Ellison family trust. The new offer includes a $40.4 billion guarantee from Oracle ...
After being laid off by Oracle, Clair Todd has spent about two years job hunting, reselling antiques, and rethinking her pivot to the tech industry.
Vanathi S said she had been working a regular 9-5 job, travelling and content creation for over a decade before deciding to quit. (Image credit: @theuntoldtrails ...
Artificial intelligence (AI) was predictably front and centre at Oracle’s revamped and rebranded customer event – which changed its name to AI World from Cloud World in a last-minute switch-up just a ...
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