Oracle shed 13% of its workforce while spending $55.7 billion on data centres. Its SEC filing explicitly cites AI adoption as the cause of job losses.

Scouring through corporate communications and broker research isn’t enough Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The ...

Oracle expands its AI database security strategy with new data protection, patching, and cyber resilience tools to help ...

William Blair adds Oracle, ServiceTitan, Everpure and Dynatrace to its Conviction List—AI cloud buildout, durable growth and ...

The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange ...

Oracle PeopleSoft servers are being targeted in ongoing data theft attacks by the ShinyHunters extortion gang, which claims to have stolen data from over 100 organizations. PeopleSoft is an enterprise ...

Oracle topped quarterly expectations, but free cash flow is negative, and the company plans to raise more capital for data center projects.

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June 22 (Reuters) - Oracle's total workforce declined 13%, or about 21,000 employees, in fiscal 2026, as the cloud computing ...

The cloud infrastructure and AI provider delivered everything investors were expecting. They wanted more.

Aaron McDade is a breaking news reporter for Investopedia. He is an experienced journalist who has covered everything from the latest in business and tech news to sports and international news like ...