Days after Oracle fired up to 30,000 employees via a 6 a.m. email — as Moneywise previously reported — the company announced ...

From Oracle to Meta, Big Tech is reshaping its C-suite around AI infrastructure, even as thousands of workers face layoffs.

Hilary Maxson, formerly group CFO at Schneider Electric, joins Oracle as it cuts 30,000 jobs and commits $50 billion to AI ...

Recent filings to the California Employment Development Department provide more details about job cuts at major tech ...

Pacific Investment Management Co. (Pimco) is seeking to offload portions of a massive $14 billion debt package linked to Oracle Corp.’s (ORCL) massive data center development in Michigan, according to ...

This week Oracle announced the hiring of a new chief financial officer, Hilary Maxson. This wouldn’t be that notable were it ...

New details reveal where tech titan Oracle’s layoff axe will fall in the Golden State: 318 workers in Redwood City, 184 in ...

Microsoft Corp. will occupy a data center project previously earmarked for Oracle Corp. and OpenAI, scooping up 900 megawatts of capacity after the other two companies walked away from the site. The ...

Oracle called recent news reports about Abilene's Stargate data center "false and incorrect" this week. Media reports surrounding the expansion of the artificial intelligence data center indicated a ...

OpenAI is walking away from expanding its flagship Stargate data center with Oracle because it wants next-generation Nvidia chips at new sites instead. Oracle is the only major player funding the AI ...

Last week saw Oracle (ORCL) shares gain while rival neoclouds CoreWeave (CRWV) and Applied Digital (APLD) lost ground. Expect shares to be under pressure on Monday, as the broader market looks poised ...