Barron's

Oracle to Raise Up to $50 Billion. What It Means for the Stock.

Oracle plans to raise between $45 billion and $50 billion this year as it looks to fund its huge bet on cloud computing to power artificial intelligence. About half of that will be in debt, which will ...
Wall Street Journal

What Oracle Has to Lose From OpenAI and Nvidia’s Rocky Relationship

The likelihood that Nvidia NVDA0.66%increase; green up pointing triangle will be investing far less than $100 billion in OpenAI raises big questions for Oracle ORCL-1.50%decrease; red down pointing ...
The Hollywood Reporter

Adam Presser Named CEO of U.S.-Controlled TikTok JV as Board and Investors Revealed

The deal for a consortium of U.S. investors to acquire control of the American assets of the video platform closed Thursday. By Alex Weprin Senior Editor The U.S. operations of TikTok have officially ...
The Business Journals

Oracle partner plans AI data center in Memphis

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The 38,500-square-foot data ...
Government Technology

Oracle Hack Impacts 3.5M Associated With University of Phoenix

The University of Phoenix has confirmed it suffered a data breach affecting 3.5 million people. According to the university’s statement, attackers obtained names, contact information, dates of birth, ...
Austin American-Statesman

Oracle facing possible class action over data breaches impacting millions

Oracle Corp., the Austin-based tech giant, is facing a potential class-action lawsuit over multiple data breaches this year impacting millions of people. A federal judge in Austin is currently ...
SiliconANGLE

Nearly 3.5M affected in University of Phoenix breach tied to Clop-linked Oracle EBS zero day

The University of Phoenix has confirmed a major data breach affecting nearly 3.5 million current and former students, employees, faculty and suppliers, which followed an exploit by the Clop ransomware ...
Hosted on MSN

Auto giant LKQ says it's the latest firm hit by Oracle EBS data breach

LKQ confirmed it was affected by Oracle E‑Business Suite breach, exposing SSNs and EINs of about 9,000 people Cl0p is believed to be responsible, claiming terabytes of LKQ data stolen via ...
The Motley Fool

Oracle Stock Just Tumbled: Here's One Reason Why

Oracle stock tumbled after its second-quarter report. Heavy spending on AI infrastructure has been slow to boost revenue, and profitability is a question mark. Investors appear to be skeptical of the ...
New York Post

Oracle stock plunges 12% on AI jitters — shrinking Larry Ellison’s net worth by $34B

Oracle’s stock fell more than 12% on Thursday on growing fears about the software giant’s massive AI spending — shaving more than $30 billion off co-founder Larry Ellison’s fortune. The Texas-based ...
The Economist

Oracle and the hard truths about software

RUNNING A GIANT software business used to be fun. Sure, coming up with a great product was a grind. But once you had one that customers could not live without—be it Microsoft Office, Amazon.com, ...