Follow this author to personalize your feed and get instant alerts. WHY FOLLOW? Update your preferences in Account Settings Correspondent Oracle chairman and CTO Larry Ellison at the White House in ...
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Oracle has a tremendous backlog. The company's Remaining Performance Obligations (RPOs) hit $553 billion in the third quarter of Oracle's 2026 fiscal year. This RPO level is up 325% year over year. In ...
This demand is already translating into rapid growth. Oracle's cloud infrastructure (OCI) revenue surged 84% year over year, while total cloud revenues rose 44% year over year in Q3. Oracle's ...
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In the latest legal setback for LGBTQ+ Americans, the Supreme Court said Colorado’s ban on LGBTQ+ “conversion therapy” for young people infringes on the free speech rights of a Christian counselor.
Company chaired by Trump ally Larry Ellison seeks to reassure investors that bet on AI infrastructure will pay off Oracle is cutting thousands of jobs as the US technology company seeks to reassure ...
Oracle on Tuesday conducted a round of layoffs affecting thousands of employees, citing “current business needs,” according to multiple reports, resulting in a rise in the software maker’s stock as it ...
Another round of layoffs has hit the tech industry, this time at SaaS giant Oracle Corporation (NYSE: ORCL). The job cuts reportedly came out of the blue for most affected employees, with many ...
It was not a phone call. It was not a meeting. For thousands of Oracle employees across the globe, Tuesday morning began with a single email landing in their inboxes just after 6 a.m. EST and by the ...
Oracle Corporation delivered its strongest quarter in 15 years, with Q3 revenue up 22% YoY to $17.2 billion and cloud revenue comprising 52% of total sales. ORCL's multicloud database ...
Oracle has started marketing a US$5bn mandatory convertible preferred that is part of a US$50bn debt and equity financing package aimed preserving the Texas-based hyperscaler's investment-grade credit ...
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