Oracle has initiated a new wave of global layoffs, impacting thousands of employees across the US, India, Philippines, Canada, and Europe. The cuts extend beyond Oracle Cloud Infrastructure to include ...

The US and China are edging toward a deal to resolve the future of TikTok in the US, with Oracle Corp. cast in a starring role.

Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Brody Ford looks at one of the downsides of Oracle’s leap into ...

Oracle’s meteoric rise continues to defy expectations. With a 36% surge following its latest earnings and a cumulative 3x gain since early 2023, the enterprise software giant is rewriting the playbook ...

Oracle’s ORCL remaining performance obligations for the first quarter increased 359% to $455 billion, primarily due to expanding relationships with large language model providers. Management also ...

Layoffs at Oracle have continued into their second month. DCD was first to report significant job cuts in August, which primarily impacted Oracle Cloud Infrastructure (OCI) teams. The second round of ...

Oracle's stock surge has pushed co-founder Larry Ellison's net worth higher by tens of billions of dollars the last two days and puts him ahead of Tesla CEO Elon Musk as the richest person in the ...

CHONGQING, CHINA - SEPTEMBER 4: In this photo illustration, a smartphone shows the logo of Oracle Corporation (NYSE: ORCL), a U.S. multinational computer technology company specializing in database ...

Oracle has more than $455 billion in remaining performance obligations (RPO) at the end of its first quarter of fiscal year 2026. Speaking at the company's earnings call on September 9, CEO Safra Catz ...

Oracle Corp. (NYSE:ORCL) released its first-quarter results after Tuesday's closing bell. Here's a look at the details in the report. See what is driving the ORCL stock movement here. The Details: ...

OpenAI today confirmed that it has signed an agreement to purchase computing infrastructure worth $300 billion from Oracle Corp. over a period of roughly five years, as part of its previously ...

An unspecified number of Oracle employees reportedly received layoff letters on Sept. 2, including many who came to the company with its 2021 acquisition of Cerner. A number of Oracle employees based ...