Oracle is reportedly undergoing mass layoffs in India, impacting approximately 12,000 employees as the IT giant restructures its operations. Illustration: Dado Ruvic/Reuters Key Points Oracle has ...

Oracle laid off some employees on Tuesday, according to two employees and LinkedIn posts. The cuts come as Oracle is trying to cut costs. The company's stock has dropped nearly 30% this year as AI ...

Oracle landed more contracts and guided for massive growth in its upcoming fiscal year. The company understands that its cash burn is unsustainable. Oracle’s balance sheet has gone from bad to worse.

Enterprise software giant Oracle is reportedly planning to ax thousands of jobs due to mounting financial pressure from its aggressive push to build AI-focused data centers. The tech powerhouse may ...

Oracle has seen its stock price decline since announcing its massive $300 billion deal with OpenAI. It has a huge backlog of contracted revenue for its cloud infrastructure but still needs to build ...

Oracle plans to raise between $45 billion and $50 billion this year as it looks to fund its huge bet on cloud computing to power artificial intelligence. About half of that will be in debt, which will ...

A growing number of companies are facing ransom demands from hackers who stole sensitive data through security flaws in widely-used Oracle business software nearly six months ago. The breach, which ...

The University of Phoenix has confirmed it suffered a data breach affecting 3.5 million people. According to the university’s statement, attackers obtained names, contact information, dates of birth, ...

The personal information of over 40,000 people, including Social Security numbers and bank account information, was compromised in an August cyberattack on Dartmouth’s Oracle E-Business Suite software ...

Oracle Corp., the Austin-based tech giant, is facing a potential class-action lawsuit over multiple data breaches this year impacting millions of people. A federal judge in Austin is currently ...

The University of Phoenix has confirmed a major data breach affecting nearly 3.5 million current and former students, employees, faculty and suppliers, which followed an exploit by the Clop ransomware ...

Oracle’s stock fell more than 12% on Thursday on growing fears about the software giant’s massive AI spending — shaving more than $30 billion off co-founder Larry Ellison’s fortune. The Texas-based ...