CNBC

Oracle cutting thousands in latest layoff round as company continues to ramp AI spending

Oracle is conducting a round of layoffs, two people familiar with the move told CNBC. The layoffs were in the thousands, the people said. The software maker has continued to increase spending on data ...
Bloomberg L.P.

Oracle and OpenAI End Plans to Expand Flagship Data Center

Oracle Corp. and OpenAI have scrapped plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI’s changing needs. The collapsed talks ...
Gizmodo

TikTok Is Experiencing Oracle-Related Server Issues Again

U.S. TikTok users were experiencing service disruptions Tuesday related to an Oracle Cloud Infrastructure issue. Something similar happened almost exactly a month ago. Reading time 2 minutes For the ...
The Verge

Another Oracle outage is messing up US TikTok

TikTok users in the US may experience lag while trying to post content until the outage is resolved. TikTok users in the US may experience lag while trying to post content until the outage is resolved ...
MarketWatch

Oracle’s selloff offers a chance to buy an ‘upper-echelon’ growth stock for cheap, analyst says

Oracle shares have been battered as investors worry about the company’s debt levels and whether OpenAI will follow through on its commitments, but some analysts now see a buying opportunity. “The ...
Mashable

3 new Google Chrome features to make your work day easier

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MacRumors

Google Chrome Gets Built-In Split View and PDF Annotations

Google has added three new features to the Chrome desktop browser, including split view for multitasking, PDF annotations, and a Save to Google Drive option. Split view for Chrome is a built-in tool ...
Wall Street Journal

What Oracle Has to Lose From OpenAI and Nvidia’s Rocky Relationship

The likelihood that Nvidia NVDA2.85%increase; green up pointing triangle will be investing far less than $100 billion in OpenAI raises big questions for Oracle ORCL 5.56%increase; green up pointing ...
TechRepublic

Oracle Seeks $50B in 2026 to Fund AI Cloud Growth

Oracle Seeks $50B in 2026 to Fund AI Cloud Growth Your email has been sent The capital injection aims to satisfy surging cloud demand from heavyweight clients including OpenAI, Meta, Nvidia, AMD, ...
Network World

Oracle may slash up to 30,000 jobs to fund AI data-center expansion as US banks retreat

Oracle is considering cutting 20,000 to 30,000 jobs and selling some of its activities as US banks pull back from financing the company’s AI data-center expansion, according to investment bank TD ...
Reuters

Oracle sued by bondholders over losses tied to AI buildout

NEW YORK, Jan 14 (Reuters) - Oracle (ORCL.N), opens new tab was sued on Wednesday by bondholders who say they suffered losses because the company ‌chaired by billionaire Larry Ellison failed to ...