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

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Oracle's stock has been on a prolonged slide since last fall as investors have questioned the company's ambitious artificial-intelligence business strategy.

The layoffs coincided with revelations that Oracle has been actively filing petitions to hire foreign workers under the H-1B ...

Oracle Corporation ORCL shares are trading lower during Monday’s session. The company has appointed Hilary Maxson as chief ...

Oracle on Monday appointed Hilary Maxson as chief financial officer, ⁠tapping an executive with experience in infrastructure ...

On March 31, thousands of Oracle employees received the dreaded layoff email as the company turns its focus toward artificial ...

I’m not writing this out of anger,' the laid off Oracle employee's husband shared. 'I’m writing this because people need to ...

March 6 : Oracle and OpenAI have abandoned plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI's changing needs, Bloomberg News ...

Update: Oracle says the issue was resolved on March 4 at 4:18 a.m. ET. The original post follows below. As spotted by The Verge, US TikTok is experiencing renewed service issues after a second Oracle ...

Oracle and OpenAI are burning cash, and there are significant questions around their ability to raise commensurate funds to achieve their aims. Reports of OpenAI clarifying its spending plans are a ...

Shares in Oracle, one of the world’s largest computing infrastructure companies, fell by 29.4% in the month to 13 November, as concerns over the feasibility of artificial intelligence (AI) spending ...