Nvidia’s OpenAI pivot puts Oracle’s accounting in the spotlight.
Acquisition-related compensation of $1.1 million in Q4 was tied to service vesting requirements for the LeewayHertz sellers, ...
In yet another wave of layoffs, Oracle is reportedly planning to cut around 30,000 jobs. According to the reports, the company might also sell its healthcare software, Cerner to fund in-house AI ...
Overview Oracle shares fell nearly 1% as reports of large job cuts worried investors.Funding stress around AI data centres raised doubts over Oracle’s expansion ...
Oracle faces massive job cuts, potentially 20,000-30,000, to fund its costly $300 billion OpenAI partnership. The tech giant has already incurred significant debt for AI data centers, with its stock ...
Oracle may take drastic cost-cutting steps to improve its cash flow stress. In the cost-cutting move, the software giant may reduce its workforce by 20,000 to 30,000 for AI data-centre expansion. The ...
Ransomware groups are back at encrypting victim data for extortion, in addition to exfiltrating it, increasing chances of ...
Aneel Bhusri, Workday's co founder and former executive chair, has returned as CEO following Carl Eschenbach's immediate resignation. The leadership change coincides with Workday's renewed focus on ...
Stephen Colbert says CBS lawyers stopped him from airing an interview with a prominent Democrat running for US Senate amid ...
Amazon (NASDAQ: AMZN) will spend more money this year than it makes. Meta (NASDAQ: META) is burning through its cash reserves. Oracle (NYSE: ORCL) just borrowed $25 billion to fund a deal with a ...
However, investors should remain cautious as CAT enters what technical indicators suggest is a "rich" valuation. In fact, CAT ...
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