Oracle faces massive job cuts, potentially 20,000-30,000, to fund its costly $300 billion OpenAI partnership. The tech giant has already spent $58 billion on data centers and is struggling with rising ...
Oracle Layoffs: Tech major Oracle is planning to slash up to 30,000 jobs to fund AI data centres, a new report has said. According to a report by CIO citing research published this week by investment ...
Oracle stock rose 2% in Monday morning trading after the company announced on Sunday plans to raise $45 billion to $50 billion in the 2026 calendar year. The data center giant said on Sunday it ...
Oracle revealed plans to raise up to $50 billion in debt and equity to finance its massive data center commitments The company's 5-year credit default swaps fell 17% as the likelihood of a credit ...
The driver of a semi-truck at the center of a multi-vehicle crash that left four dead in Indiana is in U.S. Immigration and Customs Enforcement (ICE) custody after a detainer was placed on him.
WASHINGTON, Jan 27 (Reuters) - Oracle (ORCL.N), opens new tab on Tuesday said issues faced by U.S. users of social media app TikTok are the result of a temporary weather-related power outage at an ...
A beloved Nassau County police officer was killed early Saturday while off-duty when a suspected drunk driver blew a red light and slammed into her on a Long Island roadway, authorities said. Police ...
New- and used-car shoppers are increasingly choosing Car and Driver's Buyer's Guide as the place to research and find their next vehicle. With our comprehensive testing, highly trained expert ...
Simply sign up to the Capital markets myFT Digest -- delivered directly to your inbox. Investors piled into Oracle’s latest $25bn bond offering on Monday after the software company pledged to preserve ...
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 ...
A lawyer for the truck driver who caused the deadly Humboldt Broncos bus crash says his client is one step closer to being deported to India. Lawyer Michael Greene says the Immigration and Refugee ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Banks are tapping investors such as insurance companies and private credit funds as they try to find buyers for ...