Tech

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.

Ransomware 'business' is hot as attacks surge

The number of organizations affected by ransomware has jumped 102% compared to the beginning of 2020 and “shows no sign of slowing down,” according to a research note last month from IT security firm Check Point.