Oracle spends like there is a big tomorrow
Oracle is spending huge sums to undercut Microsoft and Amazon Web Services in cloud computing, while others are preserving cash amidst recession fears.
Oracle to pay $23 million to settle SEC charges related to Foreign Corrupt Practices Act
The Securities and Exchange Commission announced Tuesday that Oracle will pay millions to settle charges related to the Foreign Corrupt Practices Act.
Twitter subpoenas Oracle co-founder in lawsuit to force Elon Musk's $44 billion purchase: report
Oracle co-founder Larry Ellison was subpoenaed by Twitter as the company attempts to force Elon Musk to follow through with his $44 billion purchase.
Oracle lays off hundreds of employees
Oracle becomes the latest tech company to announce layoffs in a market where job growth vastly differs by sector.
Oracle makes a round of layoffs in the US: reports
Oracle underwent initiated massive layoffs earlier this week to their United States customer experience division in order to cut costs.
Oracle’s $28.3B Cerner deal near after regulatory hurdles cleared
Oracle expects to complete its $95 per share tender offer for Cerner on June 6 paving the way for the company's largest acquisition ever.
Oracle to acquire Cerner in $28.3B deal
Oracle's Larry Ellison says the deal will help "lower the administrative workload burdening our medical professionals, improve patient privacy and outcomes, and lower overall health care costs."
Oracle in talks to buy Cerner
Amazon, Google, Microsoft, Oracle invited to bid on Department of Defense's JEDI contract replacement
Amazon Web Services and Microsoft are currently the only cloud service providers capable of meeting the requirements of the Department of Defense's Joint Warfighting Cloud Capability (JWCC) contract. The agency anticipates contract awards will be distributed in the third quarter of fiscal year 2022.
Shopify enlists Microsoft, Oracle for business tools on app
Canadian e-commerce platform Shopify Inc is teaming up with top cloud companies including Microsoft Corp and Oracle Corp to help merchants streamline their business operations.
Apple iPhone 13, inflation data and Blinken Afghanistan hearing top week ahead
Fresh inflation data will have investors on pins and needles in the coming week, after stocks ended Friday by notching a fifth day of losses and producer prices surging 8.3% annually — the most on record.
Cloud ramp up weighs on Oracle's profit view, shares fall
Oracle Corp on Tuesday forecast current-quarter profit below Wall Street estimates, as the business software maker ramps up investments in its cloud computing business to take on rivals including Microsoft and Amazon.com.
Nashville courts Oracle with 8,500 new jobs on the table
Oracle's potential new 60-acre office hub would be central to the 120-acre parcel known as River North on the East Bank of Nashville’s riverfront
Oracle’s Larry Ellison buys Palm Beach mansion for $80M
Oracle co-founder Larry Ellison has purchased a North Palm Beach mansion from hedge-fund manager Gabe Hoffman, the founder of Accipiter Capital Management, for $80 million
Supreme Court rules for Google in software copyright dispute with Oracle over Android devices
The Supreme Court Monday ruled in Google's favor, deciding that the tech giant's use of lines of code that was copyrighted by Oracle was permitted as "fair use."
Oracle cloud revenue misses as competition intensifies
Oracle's shares fell 6.5% to $67.44 in extended trading on Wednesday
Former Google CEO: China is winning AI race, US must do more
An artificial intelligence commission led by former Google CEO Eric Schmidt is urging the U.S. to boost its AI skills to counter China, including by pursuing “AI-enabled” weapons – something that Google itself has shied away from on ethical grounds.
Oracle revives protest of $10B JEDI war cloud contract: Report
Oracle is asking the Supreme Court to take another look at its challenge of the massive, controversial Pentagon war cloud contract, which was awarded to Microsoft in 2019 amid much fanfare.
TikTok sale to Oracle, Walmart is shelved as Biden reviews security
The TikTok deal—which had been driven by then-President Donald Trump—has languished since last fall in the midst of successful legal challenges to the U.S. government’s effort by TikTok’s owner, China’s ByteDance Ltd.
Microsoft, Oracle, Salesforce join effort to develop COVID-19 vaccination digital passport
The technology would allow individuals to obtain a copy of their immunization records through a digital wallet of their choice, such as Apple Wallet or Google Pay, while those without smartphones would receive paper printed with QR codes containing verifiable credentials.