Just days after firing 30,000 employees globally, reportedly due to AI-driven cost-cutting, Oracle has appointed Hilary Maxson as its new Chief Financial Officer (CFO) with a massive pay day. While 12 ...

Shares of Oracle and Bloom Energy popped after the companies reached a deal for more AI data center capacity. The software giant gained for a second day, as other names in the sector also briefly ...

Oracle (ORCL) shares jumped more than 4% in premarket trading on Thursday as the IT giant and Amazon Web Services (AMZN) expanded their deal to work on multicloud networking. Amazon shares were little ...

Oracle has laid off approximately 700 workers across California and these workers are expected to lose their jobs by June 1, California state records show. These job cuts are a part of the larger ...

Oracle's stock price has fallen more than 50% in just six months. The company's massive backlog suggests the future could still be very bright. Oracle is helping to build out the infrastructure needed ...

Oracle on Monday appointed Hilary Maxson as chief financial officer, ⁠tapping an executive with experience in infrastructure and energy to steer its efforts to meet surging demand for artificial ...

Oracle's fiscal third-quarter revenue jumped 22% year over year, fueled by an 84% surge in cloud infrastructure sales. The company's remaining performance obligations (RPO) skyrocketed 325% to a ...

A former Oracle employee accused the tech giant of targeting workers “with outstanding stock options” in a recent round of layoffs — as the company reportedly offered its new chief financial officer a ...

Oracle Corp. agreed to purchase as much as 2.8 gigawatts of fuel-cell power from Bloom Energy Corp. to supply data centers for artificial intelligence work. An initial 1.2 gigawatts of capacity has ...

Software giant Oracle has named Hilary Maxson as its new chief financial officer amid thousands of layoffs that sent shockwaves through the company. Maxson, 48, formerly of Schneider Electric, assumes ...

What really happens after you hit enter on that AI prompt? WSJ’s Joanna Stern heads inside a data center to trace the journey and then grills up some steaks to show just how much energy it takes to ...

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Oracle Fired 30,000 People by Email. The Same Quarter, It Posted Record Revenue and a $553 ...