The initial wave of a massive bloodbath at Oracle has begun to show up in public filings — with 700 workers expected to lose ...
Several workers at the Texas-based tech giant expressed the shock of being part of the downsizing on the social media platform LinkedIn.
Oracle laid off 30,000 works by email at 6 AM. The same quarter, it posted record revenue and a $553 billion backlog.
SAN FRANCISCO, March 23 (Reuters) - (This March 23 story has been corrected to clarify that Oracle introduced agentic apps that work across its software suite, rather than individual AI agents, in the ...
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March 24 (Reuters) - Microsoft has agreed to rent a data center project in Texas that was originally being developed for ‌Oracle and OpenAI, Bloomberg News reported on Tuesday, citing people familiar ...
Oracle (ORCL) reported cloud infrastructure revenue growth of 84% year-over-year to $4.89B in Q3 FY2026, with remaining performance obligations of $553B (up 325% YoY) providing exceptional visibility ...
Oracle landed more contracts and guided for massive growth in its upcoming fiscal year. The company understands that its cash burn is unsustainable. Oracle’s balance sheet has gone from bad to worse.
Oracle delivered outstanding third-quarter results ahead of expectations, with total revenue up 22% to $17 billion and cloud revenue up 44% to $9 billion. Most importantly, cloud infrastructure ...
Oracle is converting its massive backlog into revenue, which should accelerate growth in the next couple of years. The company's earnings growth potential and valuation suggest it is likely to deliver ...
Dianne de Guzman is the regional editor for Eater’s Northern California/Pacific Northwest sites, writing about restaurant and bar trends, upcoming openings, and pop-ups for the San Francisco Bay Area, ...
HOUSTON – Tuesday is the last day for Texas families to apply for the state’s new school voucher program, with the application window closing on March 17. The program, known as the Texas Education ...