Oracle's debt is rising as cash flies out the door to fund AI data centers. The company already has a debt-heavy balance sheet, and it will need to borrow more to fund its AI infrastructure contracts.
Oracle’s share price plummeted 10 percent on Wednesday after its quarterly revenue fell short of expectations. Larry Ellison’s firm, which has become a key player in the AI data center ecosystem ...
The White House has answered what had been one of the major outstanding questions regarding its pending deal to transfer TikTok’s US operations to a majority American ownership group: Under the ...
Shares of Oracle Financial Services Software Ltd gave up their day's gains on September 11 as the IT company clarified its parent Oracle Corp's earnings have no direct impact on its business. "Please ...
Oracle is cutting the cost of its database software and cloud-computing service for the federal government, making it the latest tech giant to offer the Trump administration a significant discount on ...
Oracle denies it was breached after a threat actor claimed to be selling 6 million data records allegedly stolen from the company's Oracle Cloud federated SSO login servers. "There has been no breach ...
Nov 1 (Reuters) - Oracle and the plaintiffs' lawyers who negotiated a $115 million privacy settlement with the tech giant will face opposition when a U.S. judge in California considers final approval ...
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