Oracle plans to raise $45–$50 billion in 2026 to expand Oracle Cloud Infrastructure and meet growing customer demand.
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 University of Phoenix has confirmed a major data breach affecting nearly 3.5 million people. The incident traces back to August when attackers accessed the university's network and quietly stole ...
Larry Ellison’s Oracle is stumbling into the end of the year with its shares taking a beating. The tech firm’s stock has plummeted 30% so far this quarter, CNBC noted Friday. Only four trading days ...
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 ...
LKQ confirmed it was affected by Oracle E‑Business Suite breach, exposing SSNs and EINs of about 9,000 people Cl0p is believed to be responsible, claiming terabytes of LKQ data stolen via ...
The tech sector sold off as investors took in a report that Oracle's $10B data center for OpenAI is in jeopardy. Sources told the FT that talks to build the data center have stalled due to concerns ...
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 ...
Oracle stock plunged 14% on Thursday, weighing on the broader AI trade. The tech leader posted lower-than-expected quarterly revenue, raising concerns of AI overspending. It's the latest red flag for ...
RUNNING A GIANT software business used to be fun. Sure, coming up with a great product was a grind. But once you had one that customers could not live without—be it Microsoft Office, Amazon.com, ...