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 ...

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

April 7 (Reuters) - Pacific Investment Management Co. ⁠is ⁠in talks with the ⁠Bank of America to help provide roughly $14 ...

Oracle reinstates the CFO role by hiring Hilary Maxson from Schneider Electric as the company reportedly lays off thousands ...

Oracle will rely on Hilary Maxson’s financial expertise as it continues an aggressive plan to fund expansion of data centers ...

Software giant Oracle has named Hilary Maxson as its new chief financial officer amid thousands of layoffs that sent ...

Oracle named Schneider Electric’s former chief financial officer Hilary Maxson to be CFO, the first time in years the software-and-cloud giant has had a CFO. Maxson’s appointment comes as Oracle has ...

Oracle laid off 30,000 works by email at 6 AM. The same quarter, it posted record revenue and a $553 billion backlog.

The AI trade will be tested as Oracle reports third-quarter earnings. Oracle announced a $50 billion financing plan last month to fund its data center buildout. The tech heavyweight's relationship ...

Oracle (ORCL) down 22% YTD to $151.56 despite $523B in Remaining Performance Obligations up 438% and multicloud database up 817%. Nvidia (NVDA) data center revenue $62.31B up 75%, Broadcom (AVGO) AI ...

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 ...

Oracle Corp. and OpenAI have scrapped plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI’s changing needs. The collapsed talks ...